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. Suresh M Says:
    July 18th, 2010
    Posted at: 9:37 pm

    hi cb,is ifci looking strong to stay above 61?at what price can i exit it?


  2. CB Says:
    July 18th, 2010
    Posted at: 9:40 pm

    Hi Vishal, good evening.. hope doing well

    Hi vintel, can see 88

    Hi gitanjali, most welcome

    Hi kanifb, m doing good. hope you good too. likely to open 40-50 points lower. lets see how asian markets open

    Hi viji, likely to open 40-50 points lower.

    Hi Suresh M, exit around 64


  3. AJ Says:
    July 18th, 2010
    Posted at: 9:41 pm

    Thanks CB
    Will c u tomw morning then....
    good night...sleep tight! :)


  4. CB Says:
    July 18th, 2010
    Posted at: 9:42 pm

    Hi AJ, sure.. Good night.. swt dreams.


  5. kanifb Says:
    July 18th, 2010
    Posted at: 9:58 pm

    Yes CB Sir I am fine. Actually I stay in Saudi Arabia as I am working for Petrochemical Company. Bachelor's life out here.


  6. Suresh M Says:
    July 18th, 2010
    Posted at: 10:13 pm

    Thanks cb..will ti see that level tom?


  7. viji Says:
    July 18th, 2010
    Posted at: 10:24 pm

    1 silly doubt c.b sir, bought 5300 pe @40 rs, should get profit in this, when i have to sell this,either below 40 or above 40,bit confused,1st time bot pe


  8. Ravindra Says:
    July 18th, 2010
    Posted at: 10:27 pm

    Dear CB,

    In moneycontrol.com we can see whether Mutual Funds are buying or dumping the stock. In this we need to check every stock we wish to study.

    Is there any site whcih tells the list of Stocks on which the Mutual Funds are increasing their stake ?


  9. viji Says:
    July 18th, 2010
    Posted at: 10:28 pm

    u.s mkt is, in red is the reason for nifty will open 40-50 lower tomorrow?


  10. CB Says:
    July 18th, 2010
    Posted at: 10:32 pm

    Hi kanifb, thats cool

    Hi Suresh M, not sure yet. lets see how markets open

    Hi viji, it may open 20-25% higher tomorrow. you can exit at any time before expiry. likely to open 40-50 points lower.

    Hi Ravindra, no,not really sure of any such site


  11. RK Says:
    July 18th, 2010
    Posted at: 10:35 pm

    Hi CB,
    Can i average my Nifty august short at 5135 at opening tomorrow ?


  12. Ravindra Says:
    July 18th, 2010
    Posted at: 10:38 pm

    Dear CB,

    Can we safely assume that market would reverse its trend after 5 consecutive trend in one direction?


  13. Ravindra Says:
    July 18th, 2010
    Posted at: 10:45 pm

    Dear CB / Karthik,

    How are you connected to this site? In which city
    is your office located ?


  14. Aman Says:
    July 18th, 2010
    Posted at: 10:50 pm

    GN CB..


  15. RSKM Says:
    July 18th, 2010
    Posted at: 10:54 pm

    Hi CB, I am holding 500 shares of Crompton @ 248/= shall I book profit tomorrow?
    Pls advice. Tks in advance.


  16. kanifb Says:
    July 18th, 2010
    Posted at: 10:58 pm

    CB Sir. What do you mean by 5300 PE. How do we trade in this ?

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