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: 262728293031323334Show all

  1. CB Says:
    July 16th, 2009
    Posted at: 3:00 pm

    Hi Kartheek, not sure..maybe end flat

    Hi Manthan.R, nice call


  2. CB Says:
    July 16th, 2009
    Posted at: 3:00 pm

    Hi RK, no..not sure of any news on it


  3. asha Says:
    July 16th, 2009
    Posted at: 3:02 pm

    sir what to do with HDIL?It is increasing


  4. CB Says:
    July 16th, 2009
    Posted at: 3:02 pm

    Hi asha, hold it..keep sl at 220.50


  5. r Says:
    July 16th, 2009
    Posted at: 3:02 pm

    Hi Raj,

    Good for U!! wish u share u r source ;)

    cb,

    can we salvage the situation? i m holding tatasteel@394 can we convert to delivery for 410 target?


  6. RK Says:
    July 16th, 2009
    Posted at: 3:03 pm

    Hi CB, Thanks....We run a lot in last 2 days... I guess there will be some profit booking and correction in the market yesterday. Which stock we can short sell tomarrow if we move low? Which is expected by me tomarrow.


  7. CB Says:
    July 16th, 2009
    Posted at: 3:03 pm

    Hi r, if you see 390 exit it today..or keep for 2-3 days


  8. CB Says:
    July 16th, 2009
    Posted at: 3:04 pm

    Hi RK, yes.. strong support at 4200.not sure how markets would react tomorrow


  9. asha Says:
    July 16th, 2009
    Posted at: 3:05 pm

    any call for now CB?


  10. setty Says:
    July 16th, 2009
    Posted at: 3:06 pm

    hi, cb,
    how the closing will be


  11. CB Says:
    July 16th, 2009
    Posted at: 3:08 pm

    Hi asha, no..

    Hi setty, flat i guess


  12. Mathew Says:
    July 16th, 2009
    Posted at: 3:09 pm

    Hi CB, what is your take on Neyveli? Is it going to be a disinvestment prospect? Which are the other PSU stocks to be in this list?


  13. deba Says:
    July 16th, 2009
    Posted at: 3:09 pm

    should i buy L&T for short term target of 5-7% ?


  14. CB Says:
    July 16th, 2009
    Posted at: 3:10 pm

    Hi Mathew, yes..its a good short term play..buy on dips


  15. CB Says:
    July 16th, 2009
    Posted at: 3:10 pm

    Hi deba, no


  16. naga Says:
    July 16th, 2009
    Posted at: 3:11 pm

    hi cb,
    i am holding astramic at 76. can i hold it for 2-3 days are comeout at cmp

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