Quotes with Resistance & Support
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Intraday calls for 13-07-10

Posted on: July 13th, 2010 at 8:24 am

Markets likely to open flat. Resistance for nifty is at 5400 and support at 5350..

Bajaj Electric at 241, for a target of 250 with sl at 235 – (Continue to hold bajaj electric for 1-2 days, looks good technically can head upto 250-253. maintain same sl at 235)

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653 Responses

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  1. N Murali Says:
    July 13th, 2010
    Posted at: 11:31 am

    Got a call from my broker to enter TVS Motor for intraday. Already I was
    in huge loss y'day on that share. What do u suggest? How much would it
    see 2day?


  2. Suresh M Says:
    July 13th, 2010
    Posted at: 11:31 am

    thanks cb


  3. kanifb Says:
    July 13th, 2010
    Posted at: 11:32 am

    Hi CB. Suzlon stable at 61.2. DO you expect an upmove from here as markets are flat. I can wait onyl for today


  4. CB Says:
    July 13th, 2010
    Posted at: 11:32 am

    Hi raja m, most welcome

    Hi Alok, hold tata.. can see 440.. keep trailing sl and hold it. bharat forge is a buy on dips near 320. can see 360

    Hi N Murali, no, dont enter it yet. wait for some dip

    Hi Suresh M, most welcome.


  5. nv Says:
    July 13th, 2010
    Posted at: 11:35 am

    Are markets looking weak?

    Can we go short?


  6. CB Says:
    July 13th, 2010
    Posted at: 11:35 am

    Hi kanifb, yes, hold it. can see 63-64. keep trailing sl at 60


  7. CB Says:
    July 13th, 2010
    Posted at: 11:36 am

    Hi nv, not yet. wait for some time.


  8. Shipra Says:
    July 13th, 2010
    Posted at: 11:38 am

    ohh cb ....vijaya is rising only from the time i exited...:(
    i want to enter it again....pls tell how will europe open? and any chance of it falling?


  9. kanifb Says:
    July 13th, 2010
    Posted at: 11:38 am

    That's great. Looking for some good profit. What do you mean by trailing stop loss ? Also what can guide Suzlon higher as volumes have stabilised now. TOday 1.75 crore volume


  10. CB Says:
    July 13th, 2010
    Posted at: 11:39 am

    Hi Shipra, europe is likely to open flat.. believe me.. its best to just let it go. we made some profits and exited it.. its difficult to time stocks/markets.

    Hi kanifb, trailing sl is a point where you exit position to secure profits.. just like a stoploss.


  11. Shipra Says:
    July 13th, 2010
    Posted at: 11:41 am

    ok cb...if this is the case with europe...pls tell will vijaya fall to 64.50 -65...
    i know u know it...pls tell me..so that i can wait ..else enter now...otherwise it will rise more till then..pls help me..


  12. kanifb Says:
    July 13th, 2010
    Posted at: 11:42 am

    I have read your comments. If Europe is going to be flat and our market is also flat do you thinkl Suzlon touching 63-64 today


  13. manmin Says:
    July 13th, 2010
    Posted at: 11:42 am

    is this a good level to enter sterlite ind at cmp for 3months?


  14. CB Says:
    July 13th, 2010
    Posted at: 11:43 am

    Hi Shipra, ok. enter it once crosses 66.


  15. CB Says:
    July 13th, 2010
    Posted at: 11:43 am

    Hi kanifb, yes, its possible

    Hi manmin, yes, as of now enter in small quantiy


  16. Nall's Says:
    July 13th, 2010
    Posted at: 11:45 am

    Hi CB any clue for Europe markets... I use to see bloombergUTV
    at 12:10pm But some problem with sun network....tnx lot

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