Quotes with Resistance & Support
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Intraday calls for 25-09-09

Posted on: September 25th, 2009 at 9:17 am

Markets likely to see a gap down opening. Nifty has support at 4930. A close below this can take Nifty down to 4850.

If markets see some buying interest later during the day, buy: REI Agro and Gujarat NRE coke.

10.15 AM – Buy some of Kingfisher airlines for 1-2 days. target 58. sl 53. cmp: 55.30 (Book profits at 58)

1.30 PM – fut – sell sterlite for 1-2 days. target 725. sl 762 cmp 751

3.05 PM – btst – buy Aurobindo pharma at 746 target 770. sl 738

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670 Responses

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  1. naga Says:
    September 25th, 2009
    Posted at: 8:57 pm

    hi cb,
    i am stuck with bharati. i boutght at 435 on margin money i can hold for one more day only any chance of my loss comes to a min


  2. a4amit2 Says:
    September 25th, 2009
    Posted at: 9:31 pm

    hi CB/KArTIK today i anticipated wrong about telco in margin trading and fianlly i took dilevery of telco at &598..do u see any upward movement in Telco in short term:( thanx


  3. dd Says:
    September 25th, 2009
    Posted at: 10:19 pm

    Hi CB, can i enter LG Balakrishnan & Brothers for medium term? Is it a good bet?


  4. Kartik Says:
    September 25th, 2009
    Posted at: 10:33 pm

    Hi Rahul, in these markets I would advice to stay away from intraday, short term is a safe bet

    Hi ramsingh, you might consider to buy only small quantity of it for short term

    Hi jigs, Dow seems to be neagtive as of now, we too might open flattish, keep a SL around 4420 on Nifty and hold them

    Hi a4amit2, not sure about it

    Hi dd, dont enter it yet, wait for some time


  5. hitesh Says:
    September 25th, 2009
    Posted at: 10:42 pm

    hi kartik i am having 2220 call of reliance at 51 wht to do how is reliance looking accoding to u


  6. rln Says:
    September 25th, 2009
    Posted at: 10:49 pm

    I tried to download the E-Book of technical market indicators-562 KB. But I received a message ” Sorry, the requested page does not arise”. Please do the needful. Alternatively if you mail a copy of the book to my mail id “[email protected]” I would be much obliged


  7. Kartik Says:
    September 25th, 2009
    Posted at: 10:59 pm

    Hi hitesh, markets arel likely to come down for the next few days, hold it with a SL around 4520 on nifty

    Hi rln, visit: http://nseguide.com/images/ebooks/The_E-Book_of_Technical_Market_Indicators.pdf to download the same file


  8. Kartik Says:
    September 25th, 2009
    Posted at: 11:07 pm

    Hi KSK, Hold them for short term, they can do well in 4-5 months time


  9. pankaj Says:
    September 25th, 2009
    Posted at: 11:42 pm

    hi CB, Indo Tech is up about 3% today n m making marginal profits in it after about six months of holdin. now what u suggest, shall i hold, if yes what tgt, or u advice to book profits. thanx for ur time.


  10. pankaj Says:
    September 25th, 2009
    Posted at: 11:45 pm

    hi CB, what's the next tgt in KSA now, i bot some @ 55.7, must appreciate that it was a gr8 call from u. thanx a lot n again appreciate ur efforts. pls keep it up.


  11. Santhosh Says:
    September 26th, 2009
    Posted at: 12:03 am

    How does Alok Industries look for Short term?


  12. niftybigbull Says:
    September 26th, 2009
    Posted at: 12:41 am

    delivery stock :glaxo pharma buy 1550 s/l 1500 target 1600,1750 (one week hold position)


  13. CB Says:
    September 26th, 2009
    Posted at: 1:13 am

    Hi NAREN, sorry for your loss. but markets were extremely volatile today and was difficult to determine the trend.

    Hi pankaj, most welcome.. technically it has some resistance at 330..above this it can see 380.. hold it for some more time..will breakout soon.. kfa gave a good closing today. can head upto 60 in a day or 2.

    Hi Santhosh, it can head upto 27 in short term.

    Hi niftybigbull, thanks.


  14. Trader Says:
    September 26th, 2009
    Posted at: 1:23 am

    Hi CB/Kartik,

    I am long on nifty oct futures with 2 lots at 4978. Kindly advise what shall i do?


  15. Nagender Says:
    September 26th, 2009
    Posted at: 1:58 am

    hi CB .. any penny stocks for short term


  16. CB Says:
    September 26th, 2009
    Posted at: 2:49 am

    Hi Trader, nifty is trading in a tight range of 4930-5040 for quite some time..break on either side could show a good move. keep sl at 4930 and hold it

    Hi Akash, yes..play less in intraday and more with short/med term.. invest in rei agro and kgl..they are likely to do well in short term..wait for some dip to enter motherson sumi

    Hi Nagender, as of now none..lets wait for some dip.

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