Quotes with Resistance & Support
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Intraday calls for 18-06-2010

Posted on: June 18th, 2010 at 8:20 am

Markets likely to open slightly lower. Support for nifty is at 5230

If markets show recovery later during the day, buy: Exide Industries.

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707 Responses

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  1. Gauri Says:
    June 21st, 2010
    Posted at: 8:37 am

    Cb just for my info if havells crosses 640 Resistance level then what can happen, will it move upwards? then can it show 670, n if it slides down can it show 590 levels as per Bollinger Band chart? just want to understand how to read charts :)


  2. CB Says:
    June 21st, 2010
    Posted at: 8:38 am

    Hi Gauri, yes, can see 660-670 above it..


  3. Gauri Says:
    June 21st, 2010
    Posted at: 8:46 am

    thanks CB, sorry to trouble u:)
    if havells is shorted at 625 what r chace that it crosses 660/670 levels if william R% is showing sell signal which things mayl force it to move upwards,
    and while shorting how to freeze our tagets - selling aswellas purchasing?


  4. CB Says:
    June 21st, 2010
    Posted at: 8:47 am

    Hi Gauri, no issues. yes, if markets continue to remain strong then it may not see much of selling pressure. keep target of 10-12rs and from there on keep a trailing sl.


  5. Gauri Says:
    June 21st, 2010
    Posted at: 8:51 am

    Cb pl. give upper level of those stocks cant hold this more than one day and my BEP is at for Glodyne-731.10, Zuari Ind- 691, Sesagoa -358.50 and Tata elxsi - 284.30 just want to exit it?


  6. CB Says:
    June 21st, 2010
    Posted at: 8:53 am

    Hi Gauri, glodyne can see 740, zuari around can see 680, sesa goa around 366, tata elxsi has strong resistance at 288. will do well once crosses it.


  7. Gauri Says:
    June 21st, 2010
    Posted at: 8:58 am

    thanks a lot cb!!!!


  8. CB Says:
    June 21st, 2010
    Posted at: 8:59 am

    Hi Gauri, most welcome.


  9. Dhiraj Says:
    June 21st, 2010
    Posted at: 10:27 am

    Hi CB,
    I bought MAX INDIA @ 164/- on Thursday 17th June. As per your advice today it is 176.90
    Now what is your advice, should I hold it or book profie?


  10. rameshb Says:
    June 21st, 2010
    Posted at: 3:04 pm

    can exide be bought at cmp for a week?


  11. bulls Says:
    June 22nd, 2010
    Posted at: 11:30 pm

    CB....What is the target for sel manufacturing in the next 30 days?


  12. CB Says:
    June 22nd, 2010
    Posted at: 11:30 pm

    Hi bulls, can see 85-90


  13. Gitanjali Says:
    June 22nd, 2010
    Posted at: 11:36 pm

    HI ...just checking [my past 2 messages just vanish ]


  14. Gitanjali Says:
    June 23rd, 2010
    Posted at: 12:20 am

    Hi Bala, Thanks a lot for your kind concern & prayers ... June 20th, 2010Posted at: 11:20 ..My uncle is out of danger, as of now ...hopefully will be on his feet in a month ...
    Hi Kb, He had a stroke ..Thanks for yr concern ..


  15. CB Says:
    June 23rd, 2010
    Posted at: 12:39 am

    Hi Gitanjali, ok. ill check it out.

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