Quotes with Resistance & Support
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Intraday calls for 09-04-09

Posted on: April 9th, 2009 at 9:21 am

Markets likely to see a gap up opening.

Buy Orbit Corporation for a target of 76. Stoploss: 70
Buy Rohit Ferro Tech for a target of 20.60 (5% circuit). Stoploss: 19.30

If markets show weakness later during the day, short sell: Reliance Industries.

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297 Responses

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  1. mitva Says:
    April 9th, 2009
    Posted at: 4:09 pm

    HI I HAVE 50 PRAKASH INDUSTRIES @ 57 & 50 WELSPUN GUJARAT @ 87.70 TODAY I.E. 9/4/09 WHAT IS THE TARGET


  2. TARUN Says:
    April 9th, 2009
    Posted at: 4:10 pm

    hi CB, why is satyam not rising, wat z ur guess of satyam's bid price ? i have avg price @ 75.


  3. RAJUGHURU Says:
    April 9th, 2009
    Posted at: 4:33 pm

    good night & happy weekend guruji...


  4. hilay Says:
    April 9th, 2009
    Posted at: 4:38 pm

    Hi CB, how will be the market on monday??? any guess...


  5. hilay Says:
    April 9th, 2009
    Posted at: 5:10 pm

    Hi CB, your suggestions on following stocks:- when to buy for a months time???
    1. Mold-Tek Technologies
    2. Patels Airtemp India
    3. Subros
    4. Unity Infraprojects

    Also CB, please let me know med term means how many days???


  6. CB Says:
    April 9th, 2009
    Posted at: 7:52 pm

    Hi Geetha, Depends on how markets shape up.. Maybe a years time..

    Hi MANOJ, Its a strong company fundamentally.. Technically it has strong resistance at 40-43..above this it can touch 60.. its a hold..

    Hi Raj, Yes.. it has a unique business model and is a strong company.. Buy it on dips..

    Hi PS, Rally seems to be genuine.. Wells Fargo(bank in US) today posted better then expected results.. If more than 50% of the companies post profits, I am sure we will see higher levels..

    Hi mitva, Prakash looks good technically and can touch 65 in short term. Welspun Gujarat has a target of 95..

    Hi TARUN, On Monday we will see an upmove if bid prices come in higher.. They will come in by 10 AM on Monday.

    Hi RAJUGHURU, Same to you.. Happy weekend..

    Hi hilay, As of now US markets are higher on Q4 earnings.. Hopefully wil be positive.. Mold tek is not a buy yet.. Patels Airtemp is a buy above 41 and Unity is a buy on dips.. not sure about Subros.


  7. yash Says:
    April 9th, 2009
    Posted at: 8:37 pm

    where do you see the mkt to go in coming weeks?? is it gona go up or down??
    wats the max cut off level u see..?? and wat abt satyam share price...where do you see it in coming days??


  8. Abhishek Says:
    April 9th, 2009
    Posted at: 8:43 pm

    Hi CB,

    I sold 3400 call @ 95. Thnx to you man.

    Now as the election is coming, I am planning to buy a put call, comment pls.


  9. CB Says:
    April 9th, 2009
    Posted at: 9:22 pm

    Hi yash, 3400-3450 is strong resistance for Nifty. Markets have already factored in good Q4 numbers.. maybe we see some downside.. For Sataym we need to wait till Monday to see at what rates bid come in.

    Hi Abhishek, Cool.. By 3200 tt with put with a sl at 3400.. Markets have mostly factored in good Q4 numbers..Lets see. Technically resistance at 3400-3450


  10. Suzane Says:
    April 9th, 2009
    Posted at: 10:02 pm

    Hey Cb, where can i get the live marque line for my mobile?


  11. Yusuf shaikh Says:
    April 9th, 2009
    Posted at: 11:33 pm

    Good evening cb,sir i bought orbit coperation on dilvery [email protected] and its close at 68 whts u r opnion for it on monday,plz reply


  12. CB Says:
    April 10th, 2009
    Posted at: 12:56 am

    Hi Suzane, try m.livemint.com.. Reliance has it.. not sure about GSM phones..

    Hi Yusuf shaikh, hold it for short term..it will give good returns.. Monday it could add 10%


  13. yash Says:
    April 10th, 2009
    Posted at: 9:33 am

    thankx cb...!!! wat u suggest for RCOM ??? ny other share for 2-3 months time which can provide gain???


  14. Yusuf shaikh Says:
    April 10th, 2009
    Posted at: 9:35 am

    Thanks cb, and have a good days,bye and cb i thnk amercian market is too high ,so we can also see positive result,isnt it?


  15. Suzane Says:
    April 10th, 2009
    Posted at: 9:53 am

    Am unable to find marquee at m.livemint.com. Is there any otherway where i can get. I want to run at the desktop of my mobile.


  16. Suzane Says:
    April 10th, 2009
    Posted at: 9:54 am

    Previous question is 4 u CB

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