Quotes with Resistance & Support
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Intraday calls for 22-07-10

Posted on: July 22nd, 2010 at 8:25 am

Markets likely to open gap down, strong support at 5350 and resistance at 5420

If Markets show some recovery later, buy Dabur India Ltd with a SL at 202

3.11pm – btst – buy Eicher motors at 984 target 1005. Stoploss 965. – trade in small quantity.

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809 Responses

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  1. Kb Says:
    July 22nd, 2010
    Posted at: 1:33 pm

    Hi Gitanjali, sorry just came back .. heavy selling in banking ..

    andhra may bouce to 145 .. but donn enter it


  2. airbites Says:
    July 22nd, 2010
    Posted at: 1:33 pm

    CB - Can i short Nifty here ? (Intra)


  3. CB Says:
    July 22nd, 2010
    Posted at: 1:34 pm

    Hi NITHIN, its likely

    Hi sudheer, I am frustrated too with it. lets wait till its results are out.

    Hi airbites, not yet.


  4. Akash Says:
    July 22nd, 2010
    Posted at: 1:34 pm

    Hi CB, But should I hold Hind Media Vent or not? Or buy something else.


  5. CB Says:
    July 22nd, 2010
    Posted at: 1:34 pm

    Hi Ani, wait for some time to enter it.. wait for a 5-7% dip to enter tvs.


  6. CB Says:
    July 22nd, 2010
    Posted at: 1:35 pm

    Hi Akash, hold it for now.


  7. Alok Says:
    July 22nd, 2010
    Posted at: 1:35 pm

    hi cb i bought jindal steel call what target can expect ??


  8. CB Says:
    July 22nd, 2010
    Posted at: 1:35 pm

    Hi Alok, can see 650-655.


  9. MEENA Says:
    July 22nd, 2010
    Posted at: 1:36 pm

    Hi Cb,

    Gud Noon….

    Can I enter DCB or Tube Investments @ CMP. If yes, what would be its
    targe in 4-5 days. Pl tell boss.
    Also how much would be the target for IFCI 2mrw. Holding @ 59/ Can I wait
    till 2mrw or book profit 2day itself.


  10. Deepak7791 Says:
    July 22nd, 2010
    Posted at: 1:36 pm

    Dear CB

    Please suggest. Nifty has recovered whereas the downfall in OFSS continues. Please help. In huge loss. Is it worth to carry forward the F&O position to next month for 2240 levels. Is that possible. ?


  11. CB Says:
    July 22nd, 2010
    Posted at: 1:37 pm

    Hi busybug, as of now continue to hold it

    Hi MEENA, dont enter them yet. wait for some time. ifci can see 63.


  12. CB Says:
    July 22nd, 2010
    Posted at: 1:38 pm

    Hi Deepak7791, yes, carry it over. nothing wrong with it fundamentally. should do well once IT sector starts moving

    Hi Nall’s, yes. hold it. don't add more if yet. may take a month or 2 to recover.


  13. CB Says:
    July 22nd, 2010
    Posted at: 1:38 pm

    Hi Akash, can add 8-10rs


  14. ZSAGAR Says:
    July 22nd, 2010
    Posted at: 1:39 pm

    Hi CB : Now Vijayabank has come near to my cost price @ 70. Do u think I need to exit and wait for a Dip ? Or Is it good to hold for tomorrow


  15. Alok Says:
    July 22nd, 2010
    Posted at: 1:39 pm

    650-655 intrday >?


  16. CB Says:
    July 22nd, 2010
    Posted at: 1:39 pm

    Hi ZSAGAR, continue to hold for now

    Hi Alok, today or tomorrow.

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