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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  1. deeps Says:
    July 16th, 2009
    Posted at: 3:21 pm

    I have 500 JPASSOCIATES @ 206 & 500 PUNJLLOYD & 217...stock is goin down what should I do?


  2. CB Says:
    July 16th, 2009
    Posted at: 3:22 pm

    Hi Raj, hold them for short term.. in case we see some downside in coming days avg them on dips


  3. dd Says:
    July 16th, 2009
    Posted at: 3:23 pm

    Hi CB, I think market will open negative tomorrow?


  4. Shiv Says:
    July 16th, 2009
    Posted at: 3:24 pm

    Cb have loss in bajaj hind @161 and welspun gujrat @ 206..
    converted it to delivery...
    wats the target i can exit??


  5. IN Says:
    July 16th, 2009
    Posted at: 3:24 pm

    Hi CB, can you tell whether Allied Computers International (Asia) Ltd trading @ 0.45 is worth buying?


  6. CB Says:
    July 16th, 2009
    Posted at: 3:24 pm

    Hi dd, depends on global queues.. may see a flat opening

    Hi Shiv, yes.. convert them to delivery..they can add 10% in short term


  7. akansha Says:
    July 16th, 2009
    Posted at: 3:25 pm

    btst call for today?


  8. CB Says:
    July 16th, 2009
    Posted at: 3:26 pm

    Hi IN, no..dont enter


  9. CB Says:
    July 16th, 2009
    Posted at: 3:27 pm

    Hi akansha, no..no call for btst today


  10. rahul Says:
    July 16th, 2009
    Posted at: 3:27 pm

    hi cb what u mean flat opening


  11. CB Says:
    July 16th, 2009
    Posted at: 3:27 pm

    Hi rahul, 10-15 points up or down


  12. hilay Says:
    July 16th, 2009
    Posted at: 3:29 pm

    Hi CB, how do u see the markets further????


  13. CB Says:
    July 16th, 2009
    Posted at: 3:29 pm

    Hi hilay, strong support at 4200..could see some downside below this level


  14. Shiv Says:
    July 16th, 2009
    Posted at: 3:31 pm

    CB y did IDBI go down.. It had posted good numbers am i right???
    I am holding it @96 from past 20 days.. thot of geting out 2day.. but its back to my
    purchase price...


  15. CB Says:
    July 16th, 2009
    Posted at: 3:33 pm

    Hi Shiv, results were not good enough.. try and exit on rise tomorrow


  16. anwer Says:
    July 16th, 2009
    Posted at: 3:34 pm

    Hi CB

    How is infra scripts tomorrow ???

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