Intraday calls for 16-07-10
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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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
RK Says:
July 16th, 2010
Posted at: 3:26 pm
Hi CB,
Should i average my Short at current levels ?
Jagdish Says:
July 16th, 2010
Posted at: 3:26 pm
Thanks CB
sahil Says:
July 16th, 2010
Posted at: 3:26 pm
you never gave up ifci.. thanks a lot.
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?
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.
CB Says:
July 16th, 2010
Posted at: 3:27 pm
Hi gauri, has good support at 800. hold it.
Gitanjali Says:
July 16th, 2010
Posted at: 3:28 pm
Hi CB, can I enter lic now plz?
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
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.
gauri Says:
July 16th, 2010
Posted at: 3:29 pm
Hi CB,
oh thanks a lot
CB Says:
July 16th, 2010
Posted at: 3:30 pm
Hi gauri, most welcome.
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..
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
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 :(
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.