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

    Hi cb,in money control many have posted that by july end IFCI will see 80 level.is it true?


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

    Hi CB

    Should i buy Aban offshore at current level??


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

    Hi Akash, not sure yet. lets see how US markets open..

    Hi Suresh M, not sure of 80..


  4. CB Says:
    July 16th, 2010
    Posted at: 3:35 pm

    Hi AJ, wait for some dip to enter it.


  5. kanifb Says:
    July 16th, 2010
    Posted at: 3:35 pm

    Sorry CB . Pivot Point for Marico is 125.8. Volume increase was by 40,000 . Can you guess the future for this script in next trading sessions


  6. CB Says:
    July 16th, 2010
    Posted at: 3:35 pm

    Hi kanifb, no.. cannot guess it by the volume and pivot points. these are used for intraday only. for short term has good support at 123. can see some bounce from here.


  7. kanifb Says:
    July 16th, 2010
    Posted at: 3:37 pm

    Thanks a lot CB. I don't want to see the figure of 123 which will mean losses for me. Can hold till Wednesday. Lets hope it touches 52 week high of 136. Any idea about it's quarterly results


  8. Gitanjali Says:
    July 16th, 2010
    Posted at: 3:39 pm

    Hi CB, Thanks a lot.. It is becoming interesting .. mkt's closed higher.. !!
    I have thoughts of going short ..in tatatea still.. lets see .. if I get a chance shall enter lic..on M'day
    Have a relaxing evening.. than q


  9. Ani Says:
    July 16th, 2010
    Posted at: 3:39 pm

    Can I invest in MMTC stock now or wait for some more correction. Also tell
    me the record date for its bonus & dividend pl!


  10. NITHIN Says:
    July 16th, 2010
    Posted at: 3:40 pm

    Thanks a lot CB... finally shld i buy Monday open prize of Ramsarup? how much i can c it for intrday


  11. tanu Says:
    July 16th, 2010
    Posted at: 3:40 pm

    Hi CB,
    Please advice on my query..thanks a tonn!!


  12. ganesh Says:
    July 16th, 2010
    Posted at: 3:42 pm

    Sesagoa might do weel in coming week


  13. Suresh M Says:
    July 16th, 2010
    Posted at: 3:43 pm

    Thanks cb,will it see around 65 on monday?


  14. CB Says:
    July 16th, 2010
    Posted at: 3:57 pm

    Hi kanifb, no, not sure of the quarterly results yet.. lets see how US markets close today

    Hi Gitanjali, yes. moving in a small range. you too have a good evening..

    Hi Ani, no, looks a bit weak. dont enter it yet

    Hi NITHIN, it can see 89

    Hi tanu, ashok can see some upmove on monday if markets are good. garaware wall is a hold for now

    Hi Suresh M, no, not sure of 65 on monday.


  15. Suresh M Says:
    July 16th, 2010
    Posted at: 4:04 pm

    Thanks cb,at what level can i exit ifci?


  16. gauri Says:
    July 16th, 2010
    Posted at: 4:10 pm

    Hi CB,

    Amrutanjan's open n close is the same i.e. it has form Doji, how will it react on monday?

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