Quotes with Resistance & Support
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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. ASHOK Says:
    August 12th, 2009
    Posted at: 12:47 pm

    CB MAY I BUY GVKPOWER @CMP FOR INTRDAY


  2. Arasu Says:
    August 12th, 2009
    Posted at: 12:47 pm

    CB, Im still Holding NIFTY FUT LONG from 4371....

    Do you expect some bounce...

    If so what can be the target...???


  3. CB Says:
    August 12th, 2009
    Posted at: 12:47 pm

    Hi Mathew, they have opened flat


  4. CB Says:
    August 12th, 2009
    Posted at: 12:48 pm

    Hi ASHOK, buy in small quantity

    Hi Arasu, around 4400.. hold it..


  5. Sri Says:
    August 12th, 2009
    Posted at: 12:48 pm

    Hi CB

    Can i enter sesagoa as its down by 10%, please advice


  6. narendra Says:
    August 12th, 2009
    Posted at: 12:49 pm

    Hi CB,
    Is it the right time to invest for short term..If so Please suggest me some good scripts


  7. CB Says:
    August 12th, 2009
    Posted at: 12:49 pm

    Hi Sri, no..dont buy it.some news on it

    Hi narendra, buy jp assoc and rel ind in small quantity as of now


  8. ASHOK Says:
    August 12th, 2009
    Posted at: 12:49 pm

    CB ANY SHORT TERM CALL


  9. PADMA Says:
    August 12th, 2009
    Posted at: 12:51 pm

    I have essar oil 100@190. can I avg. now, by buying another 50. my avg. price will be 165. is it ok. or wait for some dips.pls. suggest


  10. Abby Says:
    August 12th, 2009
    Posted at: 12:51 pm

    Hi CB, your views on TCS @ CMP (512)


  11. arora Says:
    August 12th, 2009
    Posted at: 12:51 pm

    hi cb good iip no. but why market is down any recovery chance?


  12. CB Says:
    August 12th, 2009
    Posted at: 12:51 pm

    Hi ASHOK, buy some of rel ind or jp assoc..

    Hi PADMA, yes. buy another 50


  13. abhi Says:
    August 12th, 2009
    Posted at: 12:51 pm

    Sir wat should be the target for provogue?


  14. CB Says:
    August 12th, 2009
    Posted at: 12:52 pm

    Hi Abby, it can be bought for short term..not sure about intraday

    Hi arora, yes.some recovery is likely


  15. CB Says:
    August 12th, 2009
    Posted at: 12:53 pm

    Hi abhi, in short term it can see 65


  16. dd Says:
    August 12th, 2009
    Posted at: 12:53 pm

    Where we are heading? Already nifty down by 110, so by closing @ which levels?

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