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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Comment pages: 111213141516171819Show all

  1. CB Says:
    April 13th, 2009
    Posted at: 3:02 pm

    Hi vamsi, no.. i don't think it will cross 55 soon.. as of now its not a buy


  2. vamsi Says:
    April 13th, 2009
    Posted at: 3:05 pm

    Thank you CB


  3. CB Says:
    April 13th, 2009
    Posted at: 3:09 pm

    Hi vamsi, Most welcome..


  4. harshad Says:
    April 13th, 2009
    Posted at: 3:39 pm

    is market open tomorrow


  5. harshad Says:
    April 13th, 2009
    Posted at: 3:39 pm

    can u pls tell me about akruti i cant sell it


  6. bharath Says:
    April 13th, 2009
    Posted at: 3:54 pm

    Hi Tech mahindra is going to buy Satyam @ 58/share so why is the share value not increasing...can anyone clarify me on that...?


  7. Suresh Says:
    April 13th, 2009
    Posted at: 3:54 pm

    Hi Harshad, Tomorrow(14th April 2009) Is a Holiday for the Market due to the Ambedkar Jayanti.


  8. CB Says:
    April 13th, 2009
    Posted at: 3:55 pm

    Hi harshad, Markets are closed tomorrow..

    Hi harshad, Its hitting lower circuits.. you won't be able to sell it unless it stops hitting lower circuits..


  9. CB Says:
    April 13th, 2009
    Posted at: 3:57 pm

    Hi bharath, Stock won't cross 58 soon.. Company is valued at 58 per share.. Share would remain in a range between 45-55 for quite some time.. Once things settle down and Tech Mahindra management makes effective changes we might see some upside in the stock..


  10. harshad Says:
    April 13th, 2009
    Posted at: 3:57 pm

    So will akruti will go up again and Reliance infra will it rise


  11. bharath Says:
    April 13th, 2009
    Posted at: 4:05 pm

    Thnx CB,
    You mean it will take some time for the company to make an open offer at 58 per share..?


  12. CB Says:
    April 13th, 2009
    Posted at: 4:05 pm

    Hi harshad, Akruti is a hold for med term.. Rel infra once breaks 680 can go upto 750-800


  13. CB Says:
    April 13th, 2009
    Posted at: 4:06 pm

    Hi bharath, yes.. if you plan to hold for 3-4 months.. its a hold..


  14. Sunil Says:
    April 13th, 2009
    Posted at: 7:16 pm

    Hi CB, is there any problem today in your software, actually i want to know when we should see weekly charts for technically, generally we see daily charts.


  15. hilay Says:
    April 13th, 2009
    Posted at: 9:28 pm

    Hi CB, was there any problem with the site... I was not able to open the site... why today no calls????
    I have redington at 142. what should i do???? I can wait only for 3 days...
    will there be any calls tomorrow????


  16. CB Says:
    April 13th, 2009
    Posted at: 9:51 pm

    Hi Sunil, Yes.. we were facing problems with the site today.. Hopefully all should be able to view it by tomorrow evening.. I don't think one should view a weekly charts.. One would get more info on suports and resistances if one views 3-6 months charts.

    Hi hilay, yes, had issues today.. I did post calls early mornnig but all posts/comments in last 24hrs were deleted.. Redington looks good technically and can touch 145-150 in short term.. hold it.. tomorrow market is closed.. Will post calls day after..

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