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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Comment pages: 232425262728293031Show all

  1. Sri Says:
    August 12th, 2009
    Posted at: 3:25 pm

    hi cb

    will excel infoways recover, bcoz its going down its down by 15% now, will it bounce back, please advice.


  2. hilay Says:
    August 12th, 2009
    Posted at: 3:25 pm

    Hi CB, can I buy Indus Fila tomorrow??? as markets will recover....


  3. CB Says:
    August 12th, 2009
    Posted at: 3:25 pm

    Hi bhanu, yes.. it can see 305


  4. CB Says:
    August 12th, 2009
    Posted at: 3:26 pm

    Hi Ramesh, if markets open gap up it will do it

    Hi Sri, it should.. not sure why its seeing such a downside..

    Hi hilay, no..dont enter it now


  5. shah Viral Says:
    August 12th, 2009
    Posted at: 3:26 pm

    sir can i buy Jpass


  6. CB Says:
    August 12th, 2009
    Posted at: 3:27 pm

    Hi shah Viral, you already holding chambal..dont go heavy


  7. AC Says:
    August 12th, 2009
    Posted at: 3:28 pm

    DO U THINK SUZLON WILL MOVE UP TOMOROW...SHALL I BUY SOME


  8. shah Viral Says:
    August 12th, 2009
    Posted at: 3:28 pm

    Ok
    Thank u very much !!!!!!!

    Give the Nice suggestion....

    Thanks..


  9. Shiv Says:
    August 12th, 2009
    Posted at: 3:28 pm

    CB can i take bartronics??


  10. CB Says:
    August 12th, 2009
    Posted at: 3:29 pm

    Hi shah Viral, most welcome


  11. anwer Says:
    August 12th, 2009
    Posted at: 3:29 pm

    Hi CB

    Very good recovery today, How is tomorrow ???


  12. CB Says:
    August 12th, 2009
    Posted at: 3:29 pm

    Hi AC, yes.. buy some

    Hi Shiv, buy in small quantity


  13. CB Says:
    August 12th, 2009
    Posted at: 3:29 pm

    Hi anwer, likely to open positive


  14. Sri Says:
    August 12th, 2009
    Posted at: 3:30 pm

    Hi CB

    Do you see any increase in the settlement price of excel infoways.


  15. shiv Says:
    August 12th, 2009
    Posted at: 3:31 pm

    hello sir , will market will correct more or it the end


  16. AC Says:
    August 12th, 2009
    Posted at: 3:31 pm

    THANKS CB

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