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

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532 Responses

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  1. Raj Says:
    July 16th, 2009
    Posted at: 11:48 am

    profit booking, nifty support @ 3900


  2. CB Says:
    July 16th, 2009
    Posted at: 11:48 am

    Hi vivek, Neyveli, Suzlon, HDIL

    Hi Raj, 4150 is good support


  3. Vivek Shah Says:
    July 16th, 2009
    Posted at: 11:49 am

    can i go short in reliance ind ?


  4. VEETEE Says:
    July 16th, 2009
    Posted at: 11:49 am

    Hi CB,
    Is nifty going to be negative today?
    If so how many points it may lose


  5. CB Says:
    July 16th, 2009
    Posted at: 11:50 am

    Hi Vivek Shah, no..its going strong today

    Hi VEETEE, not sure how points.. won't fall by much


  6. asha Says:
    July 16th, 2009
    Posted at: 11:51 am

    cb I have DLF at 329. What to do? :-(.. Is the market going to pick up later today?


  7. rahul Says:
    July 16th, 2009
    Posted at: 11:52 am

    hi cb hdil is going down i have hdil@235 should i sell and buy from dip which is good ur suggestion pls


  8. CB Says:
    July 16th, 2009
    Posted at: 11:52 am

    Hi asha, we may as global markets are strong.. not sure about a recovery.. try and exit it if we see a bounce


  9. SHAIL Says:
    July 16th, 2009
    Posted at: 11:53 am

    how is everest kanto to buy at CMP


  10. CB Says:
    July 16th, 2009
    Posted at: 11:53 am

    Hi rahul, hod it.. if markets see a correction in coming days buy some more..its a good bet


  11. Nascar Says:
    July 16th, 2009
    Posted at: 11:53 am

    Hi CB!!!!

    Please let me the downward correction level...Wat can be the target for nifty if the market goes down???

    Even dowJones futures are in red...so we might see a correction???
    Am I rite???


  12. bibhu Says:
    July 16th, 2009
    Posted at: 11:53 am

    Is something cooking in sterlite technologies.The stock is again in UC I guess today


  13. CB Says:
    July 16th, 2009
    Posted at: 11:53 am

    Hi SHAIL, not yet


  14. Bharath Says:
    July 16th, 2009
    Posted at: 11:54 am

    hi cb,
    can alok touch 20 today


  15. CB Says:
    July 16th, 2009
    Posted at: 11:54 am

    Hi Nascar, not a correction but some profit booking..strong support at 4150-4180

    Hi bibhu, not sure whats the news on it


  16. CB Says:
    July 16th, 2009
    Posted at: 11:54 am

    Hi Bharath, yes..

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