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. Rakesh from zumeritaliya Says:
    July 16th, 2010
    Posted at: 7:24 pm

    Hi Ram M,
    Ashok depends upon market condition , hold with stop loss of 68.


  2. tanu Says:
    July 16th, 2010
    Posted at: 7:26 pm

    hi kartik,
    SL at 85..? but It Closed at today at 78.65... @ garware wall ropes ltd.
    Guess that was a typo
    Pls advice ,tHnx..!


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

    TO ALL EXPERTS ANY VIEWS ON TITAN WILL IT COME DOWN SHORTED FUTURE@2650


  4. Rakesh from zumeritaliya Says:
    July 16th, 2010
    Posted at: 7:27 pm

    Have to go for a mehfil, good night.


  5. pankaj Says:
    July 16th, 2010
    Posted at: 7:49 pm

    hi cb / kartik, what's ur view on OMC like HPCL, BPCL now ?? is a bounce expected in HPCL ?? thanx.


  6. pankaj Says:
    July 16th, 2010
    Posted at: 7:50 pm

    also tell which Tea scrip shall i invest for short term since there is a news of tea crops being destroyed by pests ?? thanx.


  7. Ravii Says:
    July 16th, 2010
    Posted at: 8:02 pm

    Hello Put Holders,
    Dont worry.. Europe and US are in deep red hope if its continues upto closing.. then monday nifty ll open with gap down .

    Right now Dow : -167
    Nasdaq: -47

    Europe mkts already down by 2 % and 1.7 % by FTSE and DAX


  8. ramsingh Says:
    July 16th, 2010
    Posted at: 8:03 pm

    Hai Kartik!
    I hold Sel Man at 55 level.Price is recovery.What is the target price.


  9. Shereef Says:
    July 16th, 2010
    Posted at: 8:06 pm

    Hi Karthik / CB,

    Ref.: Intraday range with RSI, 28 DMA, Ichimoku cloud

    Please provide an example with HINDALCO.


  10. R.S Says:
    July 16th, 2010
    Posted at: 8:10 pm

    Dow will close minimum 100 points down


  11. Anil Says:
    July 16th, 2010
    Posted at: 8:19 pm

    Hi Ravii, Even Y'day same situation. But closing was in positive.
    When global markets down our markets trading flat. When they are up our markets going double % up..


  12. CB Says:
    July 16th, 2010
    Posted at: 8:25 pm

    Hi Rakesh from zumeritaliya, most welcome.

    Hi Uniyal, it can see 145. hold it

    Hi Mrs Kiran S, book partial profits at cmp for now. markets are finding it difficult to cross 5400

    Hi Ram M, hold hindalco call with sl at 148. ashok can see 74

    Hi Anil, US is down today. hopefully will see a lower opening on Monday

    Hi tanu, it has good support near 75. hold onto it for now.

    Hi R.S, It has support near 2750. if breaks it, can come down further. for now continue to hold it.


    Hi pankaj, no, dont enter them now. wait for some time. mcleod and jayashree tea are good ones.

    Hi ramsingh, its a hold for now.


  13. ramsingh Says:
    July 16th, 2010
    Posted at: 8:27 pm

    Hai CB!
    We have buy SKS Logistics.Please suggest.


  14. CB Says:
    July 16th, 2010
    Posted at: 8:28 pm

    Hi Shereef, did not get your question.

    Hi R.S, ok

    Hi Anil, unlikely to recover today it seems.


  15. LEO Says:
    July 16th, 2010
    Posted at: 8:30 pm

    Hi CB,

    Even today US will end in green ......Any Technical movement seen .....


  16. Anil Says:
    July 16th, 2010
    Posted at: 8:31 pm

    Hi CB, Thanks CB. Even Nifty down/up options are not moving accordingly. Hope atleast will recover some amount on Monday.

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