Quotes with Resistance & Support
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Intraday calls for 09-07-10

Posted on: July 9th, 2010 at 8:20 am

Markets likely to open slightly higher. Resistance for nifty is at 5355 and support at 5220.

Buy Century Plyboards (India) Ltd at 61.65, target: 64.50. Stoploss: 59.50

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903 Responses

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Comment pages: 91011121314151617Show all

  1. preeti Says:
    July 9th, 2010
    Posted at: 10:15 am

    Hi CB, thanks..also,wht do u think abt bharatforge..gt a call to but for a tgt of 342??


  2. CB Says:
    July 9th, 2010
    Posted at: 10:16 am

    Hi Anil, no, dont avg it

    Hi ARIJIT, can see 150. godrej can see 180

    Hi sanzy, dont go long in tcs at cmp


  3. CB Says:
    July 9th, 2010
    Posted at: 10:17 am

    Hi preeti, not sure of entering it now. has already rallied quite a bit,.


  4. Bhupendra Shah Says:
    July 9th, 2010
    Posted at: 10:17 am

    Hi CB, Good Morning

    Pipavav is trailing again, very slow move, What is your gutt feeling?

    Your judgement is most of the time nearly correct.

    Thanks.


  5. N Murali Says:
    July 9th, 2010
    Posted at: 10:18 am

    Ok pal. Pl tell me the rate to enter.


  6. CB Says:
    July 9th, 2010
    Posted at: 10:18 am

    Hi Bhupendra Shah, Good morning. enter in small quantity for now. can see 108


  7. sanzy Says:
    July 9th, 2010
    Posted at: 10:18 am

    ur views for going long in IDFC,TCS,Infosys,L&T


  8. CB Says:
    July 9th, 2010
    Posted at: 10:19 am

    Hi N Murali, enter if comes down to 62.20-62.40

    Hi sanzy, idfc and infy are looking good. can add 3-5%


  9. Deepak7791 Says:
    July 9th, 2010
    Posted at: 10:20 am

    Dear CB

    What is the reason for such a huge fall in ENIL?. . I hold 500 shares at 235?. Please suggest will it recover?

    On NSE Site "Entertainment Network (India) Limited has informed the Exchange that:"The Board of Directors of Entertainment Network (India) Limited ['ENIL'/ 'the Company'], at their meeting held on July 8, 2010, have approved in-principle the sale of ENIL's entire equity stake in Times Innovative Media Limited ("TIM") to Bennett, Coleman & Company Limited ("BCCL") for a cash consideration of Rs.45 crores. Additionally, BCCL will repay ENIL's loan to TIM and also absorb the obligations under the financial guarantees provided by ENIL on account of TIM as on the date of the proposed transaction. As on July 8, 2010 the loans advanced by ENIL to TIM and the financial guarantee obligations of ENIL on account of TIM were Rs. 42.50 crores and Rs.31.23 crores respectively.The sale is subject to the execution of a satisfactory Sales and Purchase Agreement between ENIL & BCCL. BCCL has reserved the right to effect the purchase either directly or together with its other affiliates or through its other affiliates. BCCL is the ultimate holding company of ENIL. TIM is a subsidiary of the Company. ENIL currently owns 83.44% of TIM. ENIL had engaged Morgan Stanley India Company Private Limited to provide a report on transaction rationale and valuation services in relation to the sale / divestiture of its Out-of-Home Media / Outdoor Advertising business."


  10. mpd Says:
    July 9th, 2010
    Posted at: 10:20 am

    why suddenly idea up by 13 % whats cooking up. can we buy or short now for intraday


  11. preeti Says:
    July 9th, 2010
    Posted at: 10:20 am

    Hi CB, thanks a ton


  12. Bhupendra Shah Says:
    July 9th, 2010
    Posted at: 10:20 am

    Renuka sugars has completed an acquisition of stake in Equipav, so any postivie move from this point?


  13. CB Says:
    July 9th, 2010
    Posted at: 10:20 am

    Hi Deepak7791, yes, i believe this news is the reason for it.


  14. Roze Says:
    July 9th, 2010
    Posted at: 10:21 am

    Hi CB,

    Should i hold MLL or sell at CMP,

    Thanks,


  15. CB Says:
    July 9th, 2010
    Posted at: 10:21 am

    Hi mpd, all telecom stocks seeing good buying interest

    Hi preeti, most welcome

    Hi Bhupendra Shah, yes, looks good. can see 75.


  16. CB Says:
    July 9th, 2010
    Posted at: 10:22 am

    Hi Kb, thanks

    Hi Roze, its a hold.

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