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

Posted on: July 10th, 2009 at 9:19 am

Markets are likely to open flat. Nifty has strong support at 4040 and Resistance at 4100-4120.

Buy Reliance Infrastructure at 1100, target: 1130. Stoploss: 1089
Buy Suzlon at 86.30, target: 89.30. Stoploss: 84

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519 Responses

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Comment pages: 252627282930313233Show all

  1. madhu Says:
    July 10th, 2009
    Posted at: 11:20 pm

    Hi Nascar,
    i think nifty may touch 3900-3850(Blow 3800 chances r very less). & b4 expiry wil b atleast abov 4100. wat do u say CB?. 2day downfall due 2 huge selling pressure. it wil b corrected soon. & after long time v r following global cues.


  2. Rahul Says:
    July 11th, 2009
    Posted at: 12:03 am

    I am from one of news agency. No one needs to worry about today fall. Nothing wrong is there in indian market. Actually, Obama along with some of his ministers is addressing a confidential meeting related to US economy. It was Lived on APTN Direct News Channel in between 7 PM to 8 PM ( IST). FIIs selling was due to fear of some negatives news from this meetings. Outcomes are yet to come. But US market is not getting down so badly. So things are not too much bed as was expected by FIIs. Irrespectives of this sudden fall, we are now in upmove trend. 3970 is the very strong support of nifty. It already bounced back from here to 4000. Monday will open on flat will touch 4060 atleast. Before expiry we will see atleast 4240. 4000 is the buying level . So dont miss the train.


  3. Yusuf Says:
    July 11th, 2009
    Posted at: 12:26 am

    Ok,,thanks Rahul for u r comment,we all think that we can see some downside


  4. CB Says:
    July 11th, 2009
    Posted at: 1:20 am

    Hi madhu, we may close around 4200

    Hi abhi, buy some at cmp..it can add 10-15% in short term

    Hi madhu, yes. we might not see below 3800.. one can add/avg stocks and hold for short/med term for good returns

    Hi Rahul, thanks for the imp info


  5. dd Says:
    July 11th, 2009
    Posted at: 5:55 am

    Hi CB, do u know any site which gives nifty's current value with current volume of trading?


  6. Shiv Says:
    July 11th, 2009
    Posted at: 7:56 am

    Cb wat rate can i buy HDIL.. can it come below or around 150 levels..


  7. CB Says:
    July 11th, 2009
    Posted at: 9:25 am

    Hi dd, no.. not sure of any

    Hi Shiv, buy in small quantity at cmp..


  8. Jay Says:
    July 11th, 2009
    Posted at: 10:10 am

    Hi CB,

    Sensex has corrected around 12-13% from its June high of 15500, but some stocks like Balaji tele(30 days High 74 & Current market price 44), Reliance communications(30 days High 350 & Current market price 242), ,Bombay dyeing((30 days High 415 Current market price 252), , India bulls securities(30 days High 54 Current market price 32), have corrected between 30-40% in past one month. I plan to buy these stocks on Monday as I feel there would be a sharp bounce back in these stocks as they have already shed their value considerably. Plesae let me know your view about this.


  9. Jay Says:
    July 11th, 2009
    Posted at: 10:13 am

    Hi CB,

    Could you please let me know your view about aarati industries, Rishabdev technologies, kalindee rail, arrow textiles.

    Thanks,
    Jay


  10. Jay Says:
    July 11th, 2009
    Posted at: 10:39 am

    Hi CB,

    I trade in share khan, when I try to place a buy order for Temptation foods, the order gets rejected & the message says SS not allowed in the script. Iam trying to buy the scrip & not short sell it, but Iam facing the above problem. Please let me know if you know what could be the reason.

    Thanks,
    Jay


  11. uniyal Says:
    July 11th, 2009
    Posted at: 10:56 am

    Hi CB,
    Good Morning, sir i want to know about SREI Infrastructure. Why this stock is going down and down. Please give me target 1-2 days for this stock. I have 500 shares @60/-. Should i hold or sell.


  12. uniyal Says:
    July 11th, 2009
    Posted at: 11:01 am

    Hi Jay : I am also using Sharekhan account. This problem is caused due to insufficient fund in your account. Place your order in small quantity.... it will not reject. Bye


  13. Jay Says:
    July 11th, 2009
    Posted at: 11:06 am

    Hi Uniyal,

    I have sufficient funds in my account. I get this message only for Temptation foods scrip, don't whatz the problem.

    Thanks,
    Jay


  14. uniyal Says:
    July 11th, 2009
    Posted at: 11:13 am

    Hi Jay
    There are many script in sharekhan, in which buying is limited. e.g. some days ago i want to buy Org Informatic 1500 shares @12/-, but i could not place bid more than 1000 quantity, instead i have Rs. 20,000/- in account. May be some problem in few scripts.


  15. CB Says:
    July 11th, 2009
    Posted at: 11:22 am

    Hi Jay, yes..these stocks will see a sharp upmove once markets recover. get into momentum stocks like HDIL, Suzlon, IB sec. Don't get into other 4 mentioned.. not sure why you are having a problem buying Temptation foods.. maybe your broker has banned this script from trading.. try contacting them

    Hi uniyal, here is the reason why, try and exit it at current levels:

    Srei Infrastructure Finance Limited has informed the Exchange regarding Disclosure under amended SEBI (Insider Trading) Regulations, 1992. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).


  16. ramsingh Says:
    July 12th, 2009
    Posted at: 1:20 pm

    Hai CB!
    You are know about Telecanor Global stock.What is the price target.

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