Quotes with Resistance & Support
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Intraday calls for 16-07-10

Posted on: July 16th, 2010 at 8:20 am

Markets likely to see a flat opening. Support for nifty is at 5360 and resistance at 5420.

Buy Ashok Leyland Ltd at 71.40, target:74. Stoploss: 69.

Trade in small quantity.

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835 Responses

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Comment pages: 454647484950515253Show all

  1. LEO Says:
    July 19th, 2010
    Posted at: 7:59 am

    Hi CB KARTIK,

    Good Morning ............

    Whether we are having good support near 5330 lvls ... Any chance of Bounce back from that level .....


  2. CB Says:
    July 19th, 2010
    Posted at: 8:01 am

    Hi LEO, Good morning. depends on global queues too. likely to see a small bounce from there. lets see.


  3. SunilRao Says:
    July 19th, 2010
    Posted at: 8:04 am

    Hi vishaldel, Today Nifty may trade within 5360-5385 levels. Selling pressure is likely to come in below 5360 levels and can see 5335 levels and even test 5309 levels.


  4. tuff money Says:
    July 19th, 2010
    Posted at: 8:07 am

    can we short tatamotors above 820 levels despite price hike?


  5. SunilRao Says:
    July 19th, 2010
    Posted at: 8:07 am

    Good Morning CB :)


  6. CB Says:
    July 19th, 2010
    Posted at: 8:09 am

    Hi akila, Good morning.. thanks. euro multi is a good bet for long term. can see 45-50 levels. BL Kashyap can be bought near 328-330 with sl at 320

    Hi tuff money, no, not yet..


  7. Avis Says:
    July 19th, 2010
    Posted at: 8:10 am

    Hi cb
    nagarjuna fert is planning to set up 1lakh urea plant in nigeria, how will be impact this news on share price today


  8. Anurag Says:
    July 19th, 2010
    Posted at: 8:13 am

    Hi CB.. Good Morning.. Shall I cover my Bank NIFTY short around 9950 or HOLD?


  9. alokjain Says:
    July 19th, 2010
    Posted at: 8:14 am

    sir wht is target for suzlon energy


  10. Roze Says:
    July 19th, 2010
    Posted at: 8:18 am

    Tnx Sunilrao


  11. Roze Says:
    July 19th, 2010
    Posted at: 8:23 am

    Good morning CB,

    Ispat will be flat today or see some movement?

    thx


  12. SunilRao Says:
    July 19th, 2010
    Posted at: 8:24 am

    Hi Roze, Most Welcome.


  13. CB Says:
    July 19th, 2010
    Posted at: 8:27 am

    Hi Avis, likely to be positive today

    Hi Anurag, cover near 9950 for now

    Hi alokjain, can see 65 in short term

    Hi Roze, likely to be a bit flat. has good support at 17.60


  14. Anurag Says:
    July 19th, 2010
    Posted at: 8:33 am

    Thanks CB.. so it is not expected to go down below 9950 today?


  15. CB Says:
    July 19th, 2010
    Posted at: 8:34 am

    Hi Anurag, some selling pressure will come in if nifty breaks 5330. as of now seems asian markets are recovering a bit.

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