Quotes with Resistance & Support
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Intraday calls for 24-07-09

Posted on: July 24th, 2009 at 9:16 am

Buy Rain Commodities at 153, target: 161. Stoploss: 150

If markets show weakness later during the day, Short sell: Satyam Computer Services.

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665 Responses

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  1. dd Says:
    July 26th, 2009
    Posted at: 6:11 pm

    Hi CB, Can i go for VISUINTL for long term, is it fundamentally a good company?


  2. ramesh Says:
    July 26th, 2009
    Posted at: 6:17 pm

    Hi CB..is it possible lo buy IPO adani by online trading or by only calling to broker.


  3. Adil Says:
    July 26th, 2009
    Posted at: 6:42 pm

    Thanks cb pls suggest rcom target with in 5days


  4. anwer Says:
    July 26th, 2009
    Posted at: 6:44 pm

    How is market monday ???


  5. Adil Says:
    July 26th, 2009
    Posted at: 6:45 pm

    What is your expectation on monday


  6. anwer Says:
    July 26th, 2009
    Posted at: 7:02 pm

    CB I need your detailed view on splits & bonus, if I bought this compnies what are the advantages & dis advantages, is it profitable ???

    Radhe Developers India has fixed 06 August 2009 as the record sate for the purpose of sub-division of existing equity shares from Rs 10 each into equity shares of Re 1 each

    TRF has fixed 03 August 2009 as the record date for the purpose of issue of bonus shares in the ratio of 1:1 (one share for every one share held) to the existing equity shareholders of the company.

    Veer Energy & Infrastructure has fixed 31 July 2009 as the record date for the purpose of bonus issue in the ratio of 1:2 (every shareholder holding 2 equity shares is getting 1 bonus shares).


  7. CB Says:
    July 26th, 2009
    Posted at: 7:54 pm

    Hi naresh, its [email protected]

    Hi jammy, markets are likely to open lower tomorrow and Ril will also open gap down due to bad results..

    Hi madhu, not sure of any website with live intraday charts

    Hi dd, its not strong enough.. dont enter yet

    Hi ramesh, if your brokerage provides online service you could apply for it online

    Hi Adil, it can add 15-17rs,, markets likely to see a weak opening on monday

    Hi anwer, markets likely to open weak.. hold the shares that are going to give bonus..they are likely to give good returns.


  8. anwer Says:
    July 26th, 2009
    Posted at: 8:42 pm

    CB

    I dont have that sahres, can I buy it at CMP


  9. CB Says:
    July 26th, 2009
    Posted at: 8:51 pm

    Hi anwer, TRF is a good bet..


  10. pradip Says:
    July 26th, 2009
    Posted at: 9:08 pm

    Hi CB
    whats ur view on eastern silk??can u give targets??


  11. CB Says:
    July 26th, 2009
    Posted at: 9:11 pm

    Hi pradip, it has some resistance at 15..above this it can see 19


  12. Shekhar Says:
    July 26th, 2009
    Posted at: 9:28 pm

    Hi CB, What is the Support and Resisitance level for Nifty now?


  13. CB Says:
    July 26th, 2009
    Posted at: 10:14 pm

    Hi Shekhar, support is lower at 4380-4400..strong resistance at 4650-4700 levels.


  14. Sri Says:
    July 26th, 2009
    Posted at: 11:00 pm

    Hi CB

    As somebody was saying that TRF is providing bonus share, even if i buy it tom i will get the bonus share for people who are holding it for a long term. If a bonus share is issued is there any chances of the price going down by 50% as happened with Airtel. Sorry for asking you so many questions.


  15. CB Says:
    July 26th, 2009
    Posted at: 11:07 pm

    Hi Sri, yes. .you will be applicable for the bonus.. there will be a stock split same as Airtel. if you buy 100 you will have 200 after split and stock price would become half


  16. Sri Says:
    July 26th, 2009
    Posted at: 11:10 pm

    Please suggest me whether to DCHL till Firday so that i can make some profit, I have brought it at 90. Please suggest me some target.

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