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.

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months
name
cell no.
email

835 Responses

{ ADD YOUR OWN }
Comment pages: 444546474849505152Show all

  1. vishaldel Says:
    July 18th, 2010
    Posted at: 1:09 am

    hi cb.. Thanks for the suggestions.. Wht do you suggest on monday trade for icici short and bank nifty shorted


  2. Ravindra Says:
    July 18th, 2010
    Posted at: 1:29 am

    Dear CB,

    Can u send me an email of some sectors and the best ONE stock in each of them.

    My id is [email protected]


  3. Ravindra Says:
    July 18th, 2010
    Posted at: 1:31 am

    Dear CB,
    If the Real Estate sector picks up from now on, is it better to invest in Steel sector or the Cement?


  4. CB Says:
    July 18th, 2010
    Posted at: 1:44 am

    Hi vishaldel, most welcome. continue to hold them for now. below 5330 we can see some more selling pressure come in

    Hi Ravindra, go with steel for now.


  5. Akshay Says:
    July 18th, 2010
    Posted at: 1:58 am

    Hi cb guruji.how r u?any gyaan on commodity?bot 1 lot of potato @460 trading at 398.any suggestion


  6. CB Says:
    July 18th, 2010
    Posted at: 3:03 am

    Hi Akshay, m doing good. hope you good too. no, dont have a clue about commodities..


  7. tuff money Says:
    July 18th, 2010
    Posted at: 4:09 am

    hi cb,

    i have 5400 calls averaged at 74. what should i do?


  8. wajeed Says:
    July 18th, 2010
    Posted at: 8:08 am

    hi cb what u think of educomp solutions stock wht is ur longterm target for this stock and also short term to sell in intraday.


  9. sans Says:
    July 18th, 2010
    Posted at: 9:32 am

    Hi CB, Can I short TCS at CMP and buy 1 lot of ashok leyland on monday... what should be the stoploss for both the stocks.


  10. Kb Says:
    July 18th, 2010
    Posted at: 10:07 am

    Hi CB, wow.. we can buy potato in lots ?? cool .. tell me which broker allows trading in commodity ??


  11. SunilRao Says:
    July 18th, 2010
    Posted at: 10:20 am

    Good Morning All...

    Nifty shows a divergence on both 200-day PWO and 30-day PWO giving a first indication of a trend reversal but confirmation of it will only take place after monday's close. A close above 5412 will continue the uptrend (most unlikely as DOW closed very weak on friday). A close below 5412 confirms the start of a downslide in the near term (most likely).
    I would strongly advice to those holding long positions in Nifty to exit their long positions on any rise in a day or two or hedge their long positions buying a Nifty put.


  12. SunilRao Says:
    July 18th, 2010
    Posted at: 10:40 am

    Hi tuff money, I guess my above comment should have answered your queries. I am myself holding long Position in Nifty @ 5240 levels but have them hedged by a short position in Nifty @ 5400 levels.

    Hi sans, Would not advice to go short on TCS especially after a gap-down opening. Ashok Leyland has some support @ 69.5-70 levels, would advice to hold it with a S.L. of 69.


  13. tuff money Says:
    July 18th, 2010
    Posted at: 11:00 am

    Hi SunilRao,

    hi sunil rao... another question if u get the chance to answer please inform. I have 4 lots of tata steel purchased around 515. what do u say for that? i had the target on 543 for gap down after it closed above 510 few days back but am using 10dma as stop loss. Is my approach correct? Also, it being a high beta stock, what is your opinion? Thanks for the above reply. very helpful


  14. shahul Says:
    July 18th, 2010
    Posted at: 11:05 am

    hai cb

    I am holding 5400 pe at 57 and 5300 at 90 will i have a chance on monday r coming week?


  15. SunilRao Says:
    July 18th, 2010
    Posted at: 11:28 am

    Hi tuff money, Tata Steel is currently consolidating @ 510-512 levels after the recent run-up, has strong resistance @ 530 levels and has some support @ 500 levels and very strong support @ 490 levels. If markets remain flat / positive, it can see 530 levels and even test 540 levels if markets trade strong.


  16. CB Says:
    July 18th, 2010
    Posted at: 11:55 am

    Hi tuff money, keep sl at 5330 and hold onto it

    Hi wajeed, its a good long term bet. can see 800+. one can short in small quantity with sl at 636

    Hi sans, tcs is a hold. keep sl at 850. ashok leyland is a hold. likely to see 74

    Hi Kb, yes, almost all allow it. you need to activate commodity trading in ur demat acc

    Hi shahul, yes, seems markets will open gap down tomorrow.

Comment pages:444546474849505152Show all

  1. Your name>
    Change your image

    Note: rel="nofollow" in use - do not spam, do not advertise!

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments