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: 456789101112Show all

  1. CB Says:
    August 12th, 2009
    Posted at: 10:17 am

    Hi shiv, for long term buy JP assoc and Unitech..jp can see 210 if markets show some recovery

    Hi akansha, not sure yet


  2. SANJAY Says:
    August 12th, 2009
    Posted at: 10:18 am

    is ICICI BANK showing signs of weakness? Also which sector is going to lead the next leg of bull run?


  3. armin Says:
    August 12th, 2009
    Posted at: 10:18 am

    hi cb market down ane ki wja kya hai????????


  4. CB Says:
    August 12th, 2009
    Posted at: 10:18 am

    Hi amitak, witnessing some profit booking i guess


  5. CB Says:
    August 12th, 2009
    Posted at: 10:19 am

    Hi armin, global markets are weak..


  6. amitak Says:
    August 12th, 2009
    Posted at: 10:19 am

    OK, I am invested at 679, that is why I am a bit worried today.


  7. shiv Says:
    August 12th, 2009
    Posted at: 10:22 am

    any share to buy today for fresh or to average in jp assoc , suzlon , mrpl, essar oil , ispat , alok , abb @ cmp


  8. CB Says:
    August 12th, 2009
    Posted at: 10:23 am

    Hi amitak, its one of the best in banking space. will bounce back the same way..

    Hi shiv, no..dont avg any..as of now no call


  9. CB Says:
    August 12th, 2009
    Posted at: 10:23 am

    ILL BE BACK IN 30 MIN .. .


  10. shiv Says:
    August 12th, 2009
    Posted at: 10:24 am

    any share for intraday or btst


  11. prasanna Says:
    August 12th, 2009
    Posted at: 10:26 am

    Any view on NIFTY support/resistance?'


  12. Mukherjee Says:
    August 12th, 2009
    Posted at: 10:27 am

    Want to buy some of the following stocks. pls suggest two or three of the list that i can buy:
    JP Associate, Punj LLoyd, Suzlon, Nagfert, IFCI, IDBI, HDIL: Time frame of 3 weeks


  13. Sonu Says:
    August 12th, 2009
    Posted at: 10:29 am

    Hai CB GOOD MORNING.


  14. madhu Says:
    August 12th, 2009
    Posted at: 10:29 am

    Hi CB,
    Can we do intrady on Unitech
    I have placed an intraday order for unitech [email protected]


  15. Arasu Says:
    August 12th, 2009
    Posted at: 10:32 am

    Is 4435 is shortable???


  16. stev Says:
    August 12th, 2009
    Posted at: 10:32 am

    Hi CB,
    due to overall selling pressure i thought of selling some of my stocks ..
    Era Infra (59% profit) , Omaxe (111% profit) , Rolta (25% profit),
    SAIL (17% profit) ... My stocks r in profit line only, But day by day going down..
    So shall i sell i r8t now.. will it recover ?? Plz suggest!

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