Quotes with Resistance & Support
Market Information

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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  1. Gitanjali Says:
    July 16th, 2010
    Posted at: 2:30 pm

    Hi CB, can I short jpasso .. as it is around 131.4 now ..plz let me know .. it's resistance ..& support...thanks


  2. shiva Says:
    July 16th, 2010
    Posted at: 2:30 pm

    CB...holding bankof baroda @ 734 for intraday..cmp 730..exit? hold?


  3. Anil Says:
    July 16th, 2010
    Posted at: 2:30 pm

    Hi CB, Shall I exit 5300 and 5200 puts??


  4. Vhishva Says:
    July 16th, 2010
    Posted at: 2:30 pm

    today it is highly volatile day..so not to expect much


  5. Kb Says:
    July 16th, 2010
    Posted at: 2:31 pm

    Hi CB, haii CB .. :)


  6. suzane Says:
    July 16th, 2010
    Posted at: 2:31 pm

    Hi CB, even in the morning till 10:00am volume was 380000 and after that till yet on 400000 .. No increment in volume


  7. CB Says:
    July 16th, 2010
    Posted at: 2:32 pm

    Hi K, has strong resistance at 850. if markets remain good, can test it

    Hi Trader, no, lets wait for some time

    Hi rony, yes, hold it for med term. can see 1000 again

    Hi N Murali, can see 61, hold it..

    Hi NITHIN, no, dont short it yet

    Hi Gitanjali, no. it can see 134 if markets remain good

    Hi shiva, hold it.

    Hi Anil, exit if nifty crosses 5410.

    Hi Vhishva, yes. not much movement on either sides.


  8. ZSAGAR Says:
    July 16th, 2010
    Posted at: 2:33 pm

    Hi CB ,

    so Do u think on monday nifty can go downside ? Since its Hindpetro movement could be large and if nifty goes up by monday then things can go wrong. SO u think our market is looking weak . Right sir .


  9. ms Says:
    July 16th, 2010
    Posted at: 2:33 pm

    HI CB

    Ashokleyland not moving as per expectations. What do do? Exit or hold till monday?


  10. Ravi Says:
    July 16th, 2010
    Posted at: 2:33 pm

    i have shorted ngr constructions avg price is 179.50, now it is 182, shall i exit or wait for some more time, if it comes downside tgt for ngr constructions


  11. ssn Says:
    July 16th, 2010
    Posted at: 2:33 pm

    Hi CB, Karthik

    Can you pls adivce on Unitech have 250@80

    Thanks


  12. Kb Says:
    July 16th, 2010
    Posted at: 2:34 pm

    Hi Gitanjali, Short & average nifty On every rise .. 5500 big resistance .. we will be coming down in next few weeks .. :)

    If u Donn want to take risk .. buy a 5500 PE of next month & leave it there ..


  13. Gitanjali Says:
    July 16th, 2010
    Posted at: 2:34 pm

    Hi CB, OK I read yr reply.. shall not short jpasso.. but tatatea is up today at 119 from 115.. sure i cannot short yet ..plz may I know?


  14. ZSAGAR Says:
    July 16th, 2010
    Posted at: 2:35 pm

    Hi CB ,

    Hindpetro FUT going down as u said. Please tell me a target for my short @ 48.20


  15. shiva Says:
    July 16th, 2010
    Posted at: 2:35 pm

    holding as per ur advice...shree ganesh jewellary...@ 135...target??


  16. NITHIN Says:
    July 16th, 2010
    Posted at: 2:35 pm

    thanks CB, shld i enter CMP IFCI

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