Quotes with Resistance & Support
Market Information

Intraday calls for 12-08-09

Posted on: August 12th, 2009 at 9:22 am

Markets likely to see a gap down opening.

If markets show recovery later during the day, buy: Chambal fertilzers and GVK power.

Chambal fertilizers has strong support at 46.50-47.. Its near its 200 DMA of 46.80 and has made a double bottom at 47. Stock is also in oversold territory and may show a good bounce if markets see any recovery. keep a strict stoploss at 46.50. To view chart: Click here

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507 Responses

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  1. dd Says:
    August 12th, 2009
    Posted at: 9:24 am

    Hi goodmorning CB, 4350 remains the support, below this we may see 4200 levels, right?


  2. shah Viral Says:
    August 12th, 2009
    Posted at: 9:24 am

    Hello sir..
    Good Morning..


  3. CB Says:
    August 12th, 2009
    Posted at: 9:26 am

    Hi dd, yes. around 4250

    Hi shah Viral, Good morning..


  4. RUPESH Says:
    August 12th, 2009
    Posted at: 9:27 am

    g.m.


  5. CB Says:
    August 12th, 2009
    Posted at: 9:28 am

    Hi RUPESH, Good morning ..


  6. shah Viral Says:
    August 12th, 2009
    Posted at: 9:28 am

    Can i buy L&T in this Day
    or
    Can i buy Ranbaxy in Open Market !!!!1

    Thanks..
    Have a good Day sir !!!!


  7. Vivek Shah Says:
    August 12th, 2009
    Posted at: 9:29 am

    Hi CB, need help,

    I had position on tisco short @ 457 , i don't square off , yesterday, i got email from sharekhan that i have to made it available by 13th August for payin purpose else it will go to trade auction,

    can i buy it today , will this solve the issue, or there is no hope and have to wait for auction ?


  8. shah Viral Says:
    August 12th, 2009
    Posted at: 9:29 am

    What's Market Level Today !!!!
    Sir please help me ...


  9. shah Viral Says:
    August 12th, 2009
    Posted at: 9:30 am

    Good Morning Sir..
    Today any sell Script....
    Sir please help me !!!

    THanks..


  10. CB Says:
    August 12th, 2009
    Posted at: 9:31 am

    Hi shah Viral, Good day.. no..dont enter them yet.. lets see if Nifty holds onto its support.

    Hi Vivek Shah, your buying now would be a totally new trade.. wait till tomorrow. ask them how could you make it available.. if it goes for auction it would be good since markets are drifting lower and you could be in profit


  11. CB Says:
    August 12th, 2009
    Posted at: 9:31 am

    Hi shah Viral, no sell script since we will open gap down.. on dips buy chambal fert..


  12. S.K. Says:
    August 12th, 2009
    Posted at: 9:32 am

    GM CB N ALL

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