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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Comment pages: 313233343536373839Show all

  1. CB Says:
    July 16th, 2010
    Posted at: 3:25 pm

    Hi antara, yes. one can enter for btst

    Hi Jagdish, its a hold for now

    Hi luckvijay, lets hold it. keep sl at 69.50


  2. RK Says:
    July 16th, 2010
    Posted at: 3:26 pm

    Hi CB,
    Should i average my Short at current levels ?


  3. Jagdish Says:
    July 16th, 2010
    Posted at: 3:26 pm

    Thanks CB


  4. sahil Says:
    July 16th, 2010
    Posted at: 3:26 pm

    you never gave up ifci.. thanks a lot.


  5. gauri Says:
    July 16th, 2010
    Posted at: 3:27 pm

    Hi CB,

    hey cb by mistake Amrutanjan purchased rt now pl. tell shall exit or hold?


  6. CB Says:
    July 16th, 2010
    Posted at: 3:27 pm

    Hi RK, no, not yet

    Hi Jagdish, most welcome

    Hi Akash, yes. its always a risky play

    Hi sahil, most welcome.. patience is the key in markets.


  7. CB Says:
    July 16th, 2010
    Posted at: 3:27 pm

    Hi gauri, has good support at 800. hold it.


  8. Gitanjali Says:
    July 16th, 2010
    Posted at: 3:28 pm

    Hi CB, can I enter lic now plz?


  9. Akash Says:
    July 16th, 2010
    Posted at: 3:28 pm

    Hi CB, 5400 now. Shud I exit.. buy SAPL or pls suggest me something Educomp? Or anything.. Tachnofab is now below 300


  10. CB Says:
    July 16th, 2010
    Posted at: 3:29 pm

    Hi Gitanjali, yes

    Hi Akash, hold it till monday

    Hi NITHIN, lets wait till monday.


  11. gauri Says:
    July 16th, 2010
    Posted at: 3:29 pm

    Hi CB,

    oh thanks a lot


  12. CB Says:
    July 16th, 2010
    Posted at: 3:30 pm

    Hi gauri, most welcome.


  13. Gitanjali Says:
    July 16th, 2010
    Posted at: 3:32 pm

    Hi CB, clicked it .. but got rejected ..sad..
    [ I was ready .. for yr ans..]] hope there will be another chance..


  14. kanifb Says:
    July 16th, 2010
    Posted at: 3:33 pm

    Hi CB. Marico had very ordinary day. Went upto 127.90 and closed at 126.3 Pivotal point is 126.8.
    What do we mean by Pivotal point


  15. gauri Says:
    July 16th, 2010
    Posted at: 3:33 pm

    Hi CB,

    what dose it mean technically good support at certaint rate what dose it indiactes stock will move ahead or collapse, because i always sell stock above support level due to fear that now stock will come down :(


  16. CB Says:
    July 16th, 2010
    Posted at: 3:34 pm

    Hi Gitanjali, ok. shall enter on Monday..

    Hi kanifb, yes. it usually does well when markets are weak as its a defensive stock. pivot points are technical support/resistance levels.

    Hi gauri, yes. ccan see some bounce from here. keep sl at 80 and hold it.

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