Quotes with Resistance & Support
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Intraday calls for 23-06-10

Posted on: June 23rd, 2010 at 8:21 am

Markets likely to see a lower opening. Support for nifty is at 5250 and resistance at 5340

If markets see some recovery later during the day, buy: Xpro India with sl at 39.50

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738 Responses

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  1. CB Says:
    June 23rd, 2010
    Posted at: 8:46 pm

    Hi shahul, may open slightly lower..lets see how US markets close.

    Hi Akshay, sure, you are always welcome. REI looks good.

    Hi vinod, always welcome..


  2. CB Says:
    June 23rd, 2010
    Posted at: 8:48 pm

    Hi LEO, no, dont go long yet..wait for some time.


  3. LEO Says:
    June 23rd, 2010
    Posted at: 8:50 pm

    OK CB,

    Many of them stating about Oil sector will rise in a week time ... What is ur view ....


  4. CB Says:
    June 23rd, 2010
    Posted at: 8:53 pm

    Hi LEO, OMC's could do well if crude comes down a bit.


  5. arun bj Says:
    June 23rd, 2010
    Posted at: 8:55 pm

    hi cb still i am holding well pack papers ... its creat new 52 week high today ....


  6. LEO Says:
    June 23rd, 2010
    Posted at: 8:56 pm

    OK CB,

    Went thru the graph, lot & lot of dividend by the company .. Whether it is good for long run ...


  7. Avis Says:
    June 23rd, 2010
    Posted at: 8:58 pm

    Hi cb
    can nag fut cross 32 tmrow


  8. Avis Says:
    June 23rd, 2010
    Posted at: 9:00 pm

    Nag fer tmrow also can we see 3%up


  9. Akshay Says:
    June 23rd, 2010
    Posted at: 9:00 pm

    Hi cb guruji.Bot carbo 200@200 and selman [email protected] to sell them.and guruji REI agro can go to which levels in 2to3 months and can i buy it in large qauntity of mine i.e.1000 shares.sir i will always follow ur tips and suggetions.and will only buy that stock which u suggest.


  10. CB Says:
    June 23rd, 2010
    Posted at: 9:04 pm

    Hi arun bj, book partial for now. its rallied quite a bit

    Hi LEO, yes, its a good long term bet.

    Hi Avis, yes, can see 32+

    Hi Akshay, ok. hold them.. carborundum can see 230. sel man above 82 can head upto 100


  11. arun bj Says:
    June 23rd, 2010
    Posted at: 9:10 pm

    ok cb thanks a lot cb .. i bought last month 50 shares at 31 rs .. it gave 100% returns to me today at 66 .. i ll book partial tomo


  12. CB Says:
    June 23rd, 2010
    Posted at: 9:12 pm

    Hi arun bj, thats great!


  13. Pradeep Says:
    June 23rd, 2010
    Posted at: 9:14 pm

    Hello CB,

    wat is the significance for Vijaya bank on the below news? Will it go up tomorrow?


    Punjab National Bank said it signed a memorandum of agreement (MoA) with Mauritius-based Principal Financial Group and Vijaya Bank for restructuring of their existing joint ventures.

    Both the lenders will continue to support Principal in the asset management company for next three years. PNB and Vijaya Bank will sell their 30% and 5% stake in the distribution joint venture company to Principal.

    Similarly, PNB will buy Principal’s 26% stake and Berger Paints’ 25% stake in the insurance broking company. PNB will buy out Principal and UK Paints stake of 26% and 32%, respectively in Principal PNB Life Insurance Co Ltd.
    On Wednesday, PNB shares ended 0.4% up at Rs1,050, while Vijaya Bank shares ended 2.6% up at Rs64 on the Bombay Stock Exchange. The benchmark Sensex closed 0.04% up at 17,755 points.


  14. CB Says:
    June 23rd, 2010
    Posted at: 9:15 pm

    Hi Pradeep, technically it has given a good closing can add 3-5% tomorrow. not sure how markets would react to this news.


  15. Pradeep Says:
    June 23rd, 2010
    Posted at: 9:17 pm

    Ok thank you CB. Gud Nite


  16. arun bj Says:
    June 23rd, 2010
    Posted at: 9:22 pm

    cb what price can i exit from gujnre ... i bought 59.30 ,... ..

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