Quotes with Resistance & Support
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Intraday calls for 16-10-09

Posted on: October 16th, 2009 at 9:17 am

Nifty has support at 5070-5080.

Buy Aptech at 275-277, target: 288. Stoploss: 271

Short term call: Buy Subhash projects at 162 target: 175. Stoploss: 149

10.00 AM – Buy ICSA at 224 target 231- stoploss: 219

2.55 pm – buy Century Textile at 525 – 1-2 day target 540. Stoploss: 513

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752 Responses

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  1. Ravi Says:
    October 16th, 2009
    Posted at: 9:38 am

    Chetan - Balaji telefilms is not doing good....sesa up for past 7 days and tata motors futures down 15%.....should i short these counters today ?


  2. CB Says:
    October 16th, 2009
    Posted at: 9:39 am

    Hi Nitin Jain, a week or 2

    Hi S.K., Good morning..

    Hi Ravi, go short once nifty breaks 5070..above this dont go short.


  3. shiva Says:
    October 16th, 2009
    Posted at: 9:39 am

    can i sell stocks which i hv bot yesterday (15th oct)??
    Also cb as my bank acc was in hdfc , i opened demat acc in hdfc sec... is it good? shall i switch to some other broker? will it matter much?


  4. Sri Says:
    October 16th, 2009
    Posted at: 9:39 am

    Hi CB

    Thanks for all the advice which you gave from morning with so much patience.


  5. ask Says:
    October 16th, 2009
    Posted at: 9:40 am

    Hi CB, If market opens gap down, canienter Opto Circuits?Please advise


  6. CB Says:
    October 16th, 2009
    Posted at: 9:40 am

    Hi shiva, yes. you can sell. HDFC is a good one..stay with it..


  7. CB Says:
    October 16th, 2009
    Posted at: 9:40 am

    Hi Sri, most welcome

    Hi ask, yes.


  8. raj Says:
    October 16th, 2009
    Posted at: 9:40 am

    Gm CB, i am holding Rajesh export, few days back it reached 84 leavels and come down to 65 leavels yesterday it moved well upto 84 and come down to 81.
    please advise me to hold or book profits? will it reach 94 levels by next week?


  9. pp Says:
    October 16th, 2009
    Posted at: 9:41 am

    hi cb boss
    can i go for icsa fut buy ,also ur view for nifty buy or sell


  10. CB Says:
    October 16th, 2009
    Posted at: 9:42 am

    Hi raj, book 50% profits for now and hold the rest with sl at 5070 on nifty

    Hi pp, buy ICSA only once it crosses 220. no call on nifty as of now.


  11. Sri Says:
    October 16th, 2009
    Posted at: 9:42 am

    That means i can buy it on 20th Oct itself, Will there be any change in the price.


  12. Angana Bag Says:
    October 16th, 2009
    Posted at: 9:44 am

    on 20th Oct price will be increased.


  13. Mohan Says:
    October 16th, 2009
    Posted at: 9:44 am

    Sir,

    What abt Openng Bell today - Positive - Flat or Negative.

    Thanks.


  14. Venus Says:
    October 16th, 2009
    Posted at: 9:44 am

    hi CB, CM
    Can i buy Balaji Distilleries Ltd for intraday today? can u tell me its target?


  15. narendra Says:
    October 16th, 2009
    Posted at: 9:44 am

    i have a 600 share of shpre who was listed yesterday sould i hold or sell


  16. Hemant Says:
    October 16th, 2009
    Posted at: 9:44 am

    Hi CB,
    What is your view on Reliance, Maruti and Nifty for today? Than you.

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