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. Tarun Says:
    July 22nd, 2010
    Posted at: 11:45 pm

    NIfty - more consolidation around 5400 ? Except Reliance, LT, Suzlon, Powergrid, Telecom and capital goods .. others are doing good ? If these 4 also do good then nifty will move further ?

    why there is a sudden rise in the last 1 hr ?


  2. hitesh Says:
    July 22nd, 2010
    Posted at: 11:49 pm

    tarun we have got some excellent data coming from europe thts why thr is sudden rise in indian market


  3. ARIJIT Says:
    July 22nd, 2010
    Posted at: 11:49 pm

    CB,
    can i buy 2rrow sterlite fr a week time? Tgt?


  4. CB Says:
    July 23rd, 2010
    Posted at: 12:04 am

    Hi zephyer, it can see 421

    Hi sri, as of now enter in small quantity. it did not fall from 95. there was a stock split

    Hi Ravi, not really sure why its turned so weak. as of now its a hold. likely to show some recovery

    Hi ganesh, most welcome.

    Hi hitesh, can see 555

    Hi Tarun, yes, they are likely to do well. European markets did turn positive before end of trade.

    Hi ARIJIT, no, don't enter it on a gap up opening tomorrow.


  5. pankaj Says:
    July 23rd, 2010
    Posted at: 12:06 am

    how is investin in Suryalakshmi cotton at CMP, if yes, wht tgt n time frame ?? thanx a lot.


  6. CB Says:
    July 23rd, 2010
    Posted at: 12:08 am

    Hi pankaj, its rallied quite a bit. would advice to wait for some dip.


  7. Reddy Says:
    July 23rd, 2010
    Posted at: 12:13 am

    Hi CB,

    I am holding NFCL 35/- call at 0.65, do you think it would cross 35 before expiry?
    Or I book and limit losses at 0.15?


  8. CB Says:
    July 23rd, 2010
    Posted at: 12:18 am

    Hi Reddy, what is the full stock name?


  9. sourabh Says:
    July 23rd, 2010
    Posted at: 12:35 am

    DSP BlackRock Focus 25 Fund. Long term liye kaisa h... Aur kaise returns rahenge.


  10. suzane Says:
    July 23rd, 2010
    Posted at: 12:41 am

    Hi CB, thanks for the superb call of GATI .. As per kartik suggestion in the morning i placed a sell order at 76 it was sold but after europe opened my broker called me and i was shocked to see it above 81.. i was feeling bad as i squared off .. But was good as i am in profit .. Thats all of you guys .. Thanks once again...
    i was unable to buy eicher motor as still my limit is blocked in Dabir .. What target u prefer in coming 2-3 days .. I heared it will cross 240 .. Is it possible or rumours ?? Technically according to you what should be my sell order price tommorow??


  11. suzane Says:
    July 23rd, 2010
    Posted at: 12:43 am

    Hi CB, sorry thats dabur .. Typing mistake


  12. CB Says:
    July 23rd, 2010
    Posted at: 12:53 am

    Hi suzane, you are always welcome. I too exit near 77. hold dabur. can head upto 214.


  13. CB Says:
    July 23rd, 2010
    Posted at: 12:54 am

    Hi sourabh, its a good bet. has been giving good returns. would advice to go with a SIP rather than investing all at one time.


  14. suzane Says:
    July 23rd, 2010
    Posted at: 7:22 am

    Hi CB, so shall i place a sell order at dabur or wait for further arget ?? Do u suggest me to book fully or partially at 214 ??


  15. Shipra Says:
    July 23rd, 2010
    Posted at: 7:25 am

    Hi CB..gm
    can i enter eicher motors today at opening..i cld not enter it yesterday?
    pls suggest the entry price?


  16. care Says:
    July 23rd, 2010
    Posted at: 7:34 am

    Hi suzane, Good to see you happy.And remeber CB shall always take special care of you.Best of everything.
    Hi CB, Best of everything to you too!

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