Quotes with Resistance & Support
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Intraday calls for 22-07-09

Posted on: July 22nd, 2009 at 9:19 am

Buy Amara Raja Batteries at 111.40, target: 117. Stoploss: 109
Buy Neyveli Lignite above 135 for a short term target of 148.

If markets show weakness later during the day, Short sell: Reliance industries.

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500 Responses

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  1. sndpsk Says:
    July 22nd, 2009
    Posted at: 2:04 pm

    CB, Any particular reason for -ve side of market?


  2. CB Says:
    July 22nd, 2009
    Posted at: 2:04 pm

    Hi sndpsk, global markets look weak..some profit booking


  3. Aditya Says:
    July 22nd, 2009
    Posted at: 2:06 pm

    Dear CB, Nifty broke 4400 levels twice but came back above it very soon. Do u anticipate a fall this week. I m holding puts


  4. Anuksha Says:
    July 22nd, 2009
    Posted at: 2:06 pm

    why WIPRO not performing well today?


  5. PRADEEP Says:
    July 22nd, 2009
    Posted at: 2:07 pm

    CB, SHORT TATA STEEL?


  6. Jim Says:
    July 22nd, 2009
    Posted at: 2:08 pm

    Hi CB.. I had 90 hdil@245 n 80 hcltec@236.. Wat is d shrt term future of these stk?


  7. CB Says:
    July 22nd, 2009
    Posted at: 2:08 pm

    Hi Aditya, yes..testing 4400.. we could see further downside if we break 4380

    Hi Anuksha, all stocks are witnessing profit booking


  8. CB Says:
    July 22nd, 2009
    Posted at: 2:09 pm

    Hi PRADEEP, not yet.. short if Nifty breaks 4400

    Hi Jim, hold them..they will do well


  9. Aditya Says:
    July 22nd, 2009
    Posted at: 2:10 pm

    Ok thanks. but looking at dow future i think it should break 4380 but somehow it is going up


  10. CB Says:
    July 22nd, 2009
    Posted at: 2:11 pm

    Hi Aditya, yes..finding some support at 4380


  11. CB Says:
    July 22nd, 2009
    Posted at: 2:11 pm

    ILL BE BACK IN 1 HOUR.. .,. ,


  12. Akil Says:
    July 22nd, 2009
    Posted at: 2:13 pm

    Hi CB... how is HDIL now it is increasing in falling market today


  13. CB Says:
    July 22nd, 2009
    Posted at: 2:15 pm

    Hi Akil, some midcaps are doing good.


  14. Eesha Says:
    July 22nd, 2009
    Posted at: 2:15 pm

    How is Essar's fundatmentals? As such if I buy it at CMP will it help or I shall wait for it to go lower. I have 100 at 190:( Can I average it?


  15. CB Says:
    July 22nd, 2009
    Posted at: 2:16 pm

    Hi Eesha, its a strong company.. avg it on dips..dont avg today..


  16. CB Says:
    July 22nd, 2009
    Posted at: 2:16 pm

    ILL BE BACK IN 1 HOUR.. .,. ,
    .

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