Quotes with Resistance & Support
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Intraday calls for 16-07-09

Posted on: July 16th, 2009 at 9:22 am

Markets likely to open gap up. Nifty has strong resistance at 4320-4340 levels.

Buy Hero Honda Motors above 1500, target: 1530. Stoploss: 1488
Buy Bajaj Hindustan at 160, target: 168. Stoploss: 157.

If markets show weakness later during the day, Sell: HDIL

Please trade in small quantities

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532 Responses

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Comment pages: 101112131415161718Show all

  1. sunitha Says:
    July 16th, 2009
    Posted at: 11:28 am

    shall i short TataSteel @396


  2. CB Says:
    July 16th, 2009
    Posted at: 11:28 am

    Hi Aditya, buy August 3600 put.. its a risky bet


  3. CB Says:
    July 16th, 2009
    Posted at: 11:28 am

    Hi hilay, no..as of now no buys

    Hi sunitha, short once Nifty breaks 4250


  4. Kartheek Says:
    July 16th, 2009
    Posted at: 11:29 am

    CB, nifty is struggling at 4250.. will it fall or move up?


  5. hilay Says:
    July 16th, 2009
    Posted at: 11:31 am

    Hi CB, should I book profit in IDFC or unitech???


  6. asha Says:
    July 16th, 2009
    Posted at: 11:31 am

    Is shortsell on HDIL means sell at cmp and buy at a lesser price later?Sorry I am new to this field


  7. CB Says:
    July 16th, 2009
    Posted at: 11:32 am

    Hi Kartheek, yes..4250 is good support

    Hi hilay, book partial profits

    Hi asha, yes.. sell at higher price and buy at lower..


  8. Kartheek Says:
    July 16th, 2009
    Posted at: 11:33 am

    Hi Asha, yes short sell means, first sell at higher price, if market falls later buy at low price.


  9. asha Says:
    July 16th, 2009
    Posted at: 11:33 am

    can I do it on HDIL now?


  10. CB Says:
    July 16th, 2009
    Posted at: 11:35 am

    Hi asha, do it in small quantity


  11. PADMA Says:
    July 16th, 2009
    Posted at: 11:35 am

    How abt essarshipping today? is it a intraday stock?


  12. CB Says:
    July 16th, 2009
    Posted at: 11:36 am

    Hi PADMA, not sure about it


  13. madhu Says:
    July 16th, 2009
    Posted at: 11:38 am

    sir, shall i square off bajaj hind and hero honda? bought at 158.9 & 1493


  14. CB Says:
    July 16th, 2009
    Posted at: 11:39 am

    Hi madhu, if you can hold bajaj for short term hold it..it will do well..its oversold on charts.. Exit Hero Honda above 1500


  15. kohli Says:
    July 16th, 2009
    Posted at: 11:39 am

    hi cb, can short selling be done in punjlloyd at cmp. pl.advise


  16. CB Says:
    July 16th, 2009
    Posted at: 11:40 am

    Hi kohli, wait for some time

Comment pages:101112131415161718Show all

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