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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  1. kanifb Says:
    July 16th, 2010
    Posted at: 2:43 pm

    Ok thanks CB. Will it cross 130 in the next 2-3 sessions. For me 130-132 is sufficient to make profits. How can we check that it is going strong ?


  2. Suresh m Says:
    July 16th, 2010
    Posted at: 2:43 pm

    hi cb can i exit ifci @ cmp? or hold for some more day?


  3. NITHIN Says:
    July 16th, 2010
    Posted at: 2:44 pm

    hi CB, wat prize we except from ashok before end the market? shld i hold it for Monday?


  4. raj Says:
    July 16th, 2010
    Posted at: 2:44 pm

    CB where to exit Rel infra??? i am short @ 1160...


  5. sanzy Says:
    July 16th, 2010
    Posted at: 2:45 pm

    can i carry IDFC and IFCI CE for next wk


  6. CB Says:
    July 16th, 2010
    Posted at: 2:46 pm

    Hi kanifb, yes, likely to. usually does well when markets are trading a bit weak

    Hi Suresh m, hold it.

    Hi NITHIN, exit today itself. can see 71.50-72

    Hi raj, likely to be a bit flat today. will need to hold it

    Hi Akash, no, continue to hold for now.


  7. kavitha Says:
    July 16th, 2010
    Posted at: 2:46 pm

    hi cb.... having BOI @395... shal i hold or exit?


  8. CB Says:
    July 16th, 2010
    Posted at: 2:46 pm

    Hi sanzy, yes.


  9. CB Says:
    July 16th, 2010
    Posted at: 2:47 pm

    Hi kavitha, its a hold.


  10. luckvijay Says:
    July 16th, 2010
    Posted at: 2:47 pm

    sirji, do i hold ashok leyland 1 lot in f.o as a btst?


  11. Gitanjali Says:
    July 16th, 2010
    Posted at: 2:47 pm

    Hi CB, I shall wait a few days more to begin any trade .. Thanks ever so much .. luckily , i asked before i short tatatea .. look at it now it shot up to 120.35 .. whew!! a lucky escape ..
    thanks a plenty.. !!


  12. raj Says:
    July 16th, 2010
    Posted at: 2:48 pm

    SIR monday target for Godrej ind pls...


  13. CB Says:
    July 16th, 2010
    Posted at: 2:49 pm

    Hi luckvijay, no, exit it today itself..

    Hi Gitanjali, most welcome..

    Hi raj, can see 191.


  14. VijayK Says:
    July 16th, 2010
    Posted at: 2:49 pm

    CB...is nifty looking to head above 5400..not breaking 5380....?


  15. raj Says:
    July 16th, 2010
    Posted at: 2:50 pm

    So can i buy @ CMP???


  16. CB Says:
    July 16th, 2010
    Posted at: 2:50 pm

    Hi Akash, thats a risk we will need to take

    Hi VijayK, yes, maybe remains a bit positive

    Hi sudheer, hold onto it.

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