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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Comment pages: 434445464748495051Show all

  1. sudheer Says:
    July 17th, 2010
    Posted at: 9:57 pm

    Hi CB, where do you the down fall will end for SEL, is it ok to average @ 50 or still lower? Thanks in advance.


  2. pankaj Says:
    July 17th, 2010
    Posted at: 9:58 pm

    how do u VBC Ferro Alloys look on charts n fundamentally?? thanx.


  3. sudheer Says:
    July 17th, 2010
    Posted at: 10:00 pm

    Hi CB, where do you think the down fall will end for SEL, is it ok to average @ 50 or still lower? Thanks in advance


  4. Raveesh Says:
    July 17th, 2010
    Posted at: 10:22 pm

    Hi CB, pnb tgt on monday.


  5. CB Says:
    July 17th, 2010
    Posted at: 10:28 pm

    Hi KKSR, hold them for a weeks time. they are looking good.if markets recover a bit, will do well

    Hi sudheer, lets wait till its results are out. don't avg it yet

    Hi pankaj, it has strong resistance at 440. a couple of closes above this can take it higher to 480

    Hi Raveesh, may open 12-15rs lower since markets are likely to open gap down. on the upside can see 1120 if markets remain good.

    Hi kanifb, m doing good. hope you good too. I'll email you


  6. Raveesh Says:
    July 17th, 2010
    Posted at: 10:35 pm

    Hi CB , can tata steel go up to 525 on monday


  7. Raveesh Says:
    July 17th, 2010
    Posted at: 10:40 pm

    Thanks CB good night


  8. suzane Says:
    July 17th, 2010
    Posted at: 10:41 pm

    Hi CB, what will be the nature of market after opening gap down ?? Will it see the U turn and move towards north ??


  9. CB Says:
    July 17th, 2010
    Posted at: 10:43 pm

    Hi Raveesh, no, seems may open a bit lower with the markets.. Good night..

    Hi suzane, seems will remain a bit weak for the day.


  10. Gaur Says:
    July 17th, 2010
    Posted at: 11:16 pm

    HI CB,as per previous record, every month of QTRLY Results market goes down sharply.Is it possible nifty expiry @blow 5200 ? your views


  11. CB Says:
    July 17th, 2010
    Posted at: 11:41 pm

    Hi Gaur, cannot be sure. depends on the outcome of the results. till now indian companies have given good results.. lets see how it goes further.

    Hi kanifb, its seeing some buying interest near 123-124 levels. likely to do well in near term. dont enter sel yet.


  12. sandy Says:
    July 17th, 2010
    Posted at: 11:44 pm

    hi, i am holding ifci, idfc and ril calls..pls advice wat ll be d levels on monday..


  13. CB Says:
    July 17th, 2010
    Posted at: 11:45 pm

    Hi kanifb, was a typo. not sending any mail. hold marico with sl at 123. being a defensive stock should do well in a day or 2.

    Hi sandy, they are a hold. ifci if continues to trade above 61, can see 64. ril is a hold with sl at 1050


  14. sandy Says:
    July 17th, 2010
    Posted at: 11:49 pm

    wat levels can ifci see on monday as markets ll open gap down..


  15. sandy Says:
    July 17th, 2010
    Posted at: 11:57 pm

    should i sell all calls at the opening or can i wait..


  16. CB Says:
    July 18th, 2010
    Posted at: 12:48 am

    Hi sandy, around 60. if manages to trade above 61 for some time, can see 63-64. don't go short on a gap down opening.

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