Quotes with Resistance & Support
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Intraday calls for 25-10-10

Posted on: October 25th, 2010 at 8:20 am

Markets likely to open slightly higher. Support for Nifty is at 6040 and resistance at 6150

Buy Jindal Saw Ltd at 226.75, target: 233. Stoploss: 220 – (book profits at 233)

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711 Responses

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  1. CB Says:
    October 25th, 2010
    Posted at: 12:28 pm

    Hi nv, most welcome. yes, will need to avg it once markets settle a bit. for now hold it. in short term will recover since buy back is at 600


  2. ZSAGAR Says:
    October 25th, 2010
    Posted at: 12:28 pm

    Hi CB, Is it good to enter in Creative for 2-3 Months time . then what could be target ?


  3. CB Says:
    October 25th, 2010
    Posted at: 12:29 pm

    Hi ZSAGAR, no, looks a bit weak.


  4. nv Says:
    October 25th, 2010
    Posted at: 12:30 pm

    CB , can I average it , if it falls to 450 levels or at 490?


  5. DS Says:
    October 25th, 2010
    Posted at: 12:30 pm

    Hi CB,

    Can we short ICICI Bank now...its climbed up a lot....dont you think a fall is likely? If it falls how low can it go?


  6. Ansar Says:
    October 25th, 2010
    Posted at: 12:31 pm

    hey CB, whats wrong with GMR infra ??
    market is 250+ points up but this stock is not performing only ..
    m holding its one lot @55.75 for oct future...
    what should i do ??
    is there any chance for it to come till 56 for this month ??
    plz advice...
    take care...


  7. ZSAGAR Says:
    October 25th, 2010
    Posted at: 12:32 pm

    Hi CB, how abt FCS software ? When it will come back to Rs 6 -7 ? How abt IBpower ?
    Pls tell me a stock < 100 for 3 months hold for high returns ?


  8. CB Says:
    October 25th, 2010
    Posted at: 12:32 pm

    Hi nv, for now lets hold. let the price settle down a bit in 2-3 days

    Hi DS, has resistance at 1170. if unable to cross it, one can short.


  9. harshal Says:
    October 25th, 2010
    Posted at: 12:33 pm

    hi cb,
    please suggest a target for arvind for 2-3 months i am holding it .what should i do


  10. levrih Says:
    October 25th, 2010
    Posted at: 12:33 pm

    cb, i bought 500 share of tata coffee @655 but now its trading at 640, what to do? need to wait or exit?


  11. CB Says:
    October 25th, 2010
    Posted at: 12:34 pm

    Hi Ansar, yes, all infra stocks have been this way since long. for now its a hold. hopefully see some upmove after results

    Hi ZSAGAR, fcs may take some time. ib power looks good

    Hi harshal, hold it. can see 62


  12. KSK Says:
    October 25th, 2010
    Posted at: 12:35 pm

    Sel mfg is going up any reason..


  13. shrikanth Says:
    October 25th, 2010
    Posted at: 12:35 pm

    HI CB, HDFC bought @ 705. wento 710 and came back to 707. should I take it for delivery for short term.


  14. CB Says:
    October 25th, 2010
    Posted at: 12:36 pm

    Hi levrih, hold it. has support at 635-640


  15. ZSAGAR Says:
    October 25th, 2010
    Posted at: 12:36 pm

    Hi harshal, I will go with Ibpower for a 3-4 months hold ! What could be its target in one year ?


  16. AR Says:
    October 25th, 2010
    Posted at: 12:36 pm

    Wat to do with GAEL???????can i still hold or need to exit???????

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