Quotes with Resistance & Support
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Intraday calls for 09-08-10

Posted on: August 9th, 2010 at 8:19 am

Markets likely to open slightly lower. Support for nifty is at 5400 and resistance at 5480.

On Intraday dips buy Goldiam International Ltd.

10.01am – buy educomp at 635.70, target: 644. stoploss: 628 – trade in small quantity – (book profits at 643-644)

12.29pm – buy murli industries at 105, target: 108-109. Stoploss: 102 – Book profits at 107.30

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646 Responses

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  1. animesh Says:
    August 9th, 2010
    Posted at: 2:39 pm

    HI CB,

    Thnks fr AMD industries…it crossed the Resistance mark…so it would go high in near days…
    Wat abt Emami infra….actually I have purchased Zandu realty shares @3700…Should i take the loss and invest in amd industries or karuturi global ltd…

    Regds


  2. vics Says:
    August 9th, 2010
    Posted at: 2:41 pm

    Nifty futures is still going up....
    is it will reach 5485 today?
    r loss more?


  3. u r rao Says:
    August 9th, 2010
    Posted at: 2:42 pm

    I am holding mcdowel holding 200 shares at 194/. Can you tell
    me why it is going down?Shall Hold it or not.?


  4. sg Says:
    August 9th, 2010
    Posted at: 2:43 pm

    Hi CB,

    I am holding First Leasing @ 71.Do I need to wait or should go ahead with loss booking?


  5. Akash Says:
    August 9th, 2010
    Posted at: 2:44 pm

    Hi CB / Kartik, I bought Jub Food at 466 in Intraday (should have bought at 454 few min before) but now it is down at 460. Shud I hold if it can see 475. :(


  6. raja m Says:
    August 9th, 2010
    Posted at: 2:51 pm

    Hi CB,do you reckon SELMCL will sink below 38.


  7. animesh Says:
    August 9th, 2010
    Posted at: 2:52 pm

    Hi CB/Kartik,

    Thnks fr AMD industries…it crossed the Resistance mark…so it would go high in near days…
    Wat abt Emami infra….actually I have purchased Zandu realty shares @3700…Should i take the loss and invest in amd industries or karuturi global ltd…


    What do we mean by resistance 1,2 and 3...whether any stocks will excel if it cross the resistance 3 barrier?

    Regds


  8. Vijayk Says:
    August 9th, 2010
    Posted at: 2:53 pm

    CB..is Denabank a hold...I see banknifty has run up quiet a lot and profit bookin can come in any time right? Please suggest?


  9. Jack Says:
    August 9th, 2010
    Posted at: 2:57 pm

    Any one why "Resurgere Mines & Minerals India Ltd" is down 19%?


  10. Suresh M Says:
    August 9th, 2010
    Posted at: 2:57 pm

    Hi cb can i enter in ind-swift lab @ cmp?


  11. Ravi Says:
    August 9th, 2010
    Posted at: 3:04 pm

    murli ind, today it will go 108


  12. Lalith Says:
    August 9th, 2010
    Posted at: 3:05 pm

    McLeod regaining now :)


  13. Kartik Says:
    August 9th, 2010
    Posted at: 3:05 pm

    sorry guys, just came back online


  14. Jack Says:
    August 9th, 2010
    Posted at: 3:05 pm

    Hi Kartik, why is Resurgere Mines down by 18 Rs?


  15. Vijayk Says:
    August 9th, 2010
    Posted at: 3:06 pm

    CB..is Denabank a hold…I see banknifty has run up quiet a lot and profit bookin can come in any time right? Please suggest?


  16. Kartik Says:
    August 9th, 2010
    Posted at: 3:06 pm

    Hi animesh, hold Zandu for some more time, since you have it a higher levels, R1, 2, 3 and different types of ressitance calculated using Pivots point

    Hi Ravi, if possible hold till tomorrow

    Hi Suresh M, you may enter it for SHort term at cMP

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