Quotes with Resistance & Support
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Intraday calls for 26-08-09

Posted on: August 26th, 2009 at 9:19 am

Buy Tech Mahindra at 890-894, target: 920. Stoploss: 883

If markets show weakness later during the day, Sell: Tata Steel

Please trade in small quantities.

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733 Responses

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  1. SATVIK Says:
    August 26th, 2009
    Posted at: 7:09 pm

    TOMMOROW MARKET WILL BE DOWN CHANCES ARE VERY HIGH


  2. sachin Says:
    August 26th, 2009
    Posted at: 7:13 pm

    Hi,what is about THE SOUTH INDIAN BANK


  3. subramani Says:
    August 26th, 2009
    Posted at: 7:30 pm

    Hi cb,

    Any stock to buy, range between Rs 10 to Rs 50?


  4. Shekhar Says:
    August 26th, 2009
    Posted at: 7:45 pm

    Hi CB! Which stock is likely to move higher in immediate term(say next day) - one which has crossed 30/50 DMA or the one which has crossed 200/150 DMA?


  5. Anil Says:
    August 26th, 2009
    Posted at: 7:47 pm

    Hi CB,

    I shorted India Info @129. Can you pls let me know tomorrow's up or downside?

    cheers


  6. niju Says:
    August 26th, 2009
    Posted at: 7:51 pm

    Hi Vk


    I bought the same 100@29 and now I have 150 .Its been allotted 10 days back


  7. GAURAV Says:
    August 26th, 2009
    Posted at: 8:00 pm

    HI CB,CNBCTV18 SHOWING POSITIVE MOOD OF MARKET,SEE NEWS ALL,HOW MUCH ITS TRUE


  8. GAURAV Says:
    August 26th, 2009
    Posted at: 8:03 pm

    US MARKETS LIKE NESDEQ,DOW JONES R ALSO +VE


  9. Mathew Says:
    August 26th, 2009
    Posted at: 8:11 pm

    Hi GAURAV, right... But the problem is Dow has been seeing continuous positive movement for the last 6 trading days gaining 400 points. Nifty has also seen 5 continuous positive trading days with gains of over 300 points. This kind of growth without any real economic growth to back up maynot be sustainable. A downslide seems to be imminent in US and we are likely to follow it too... What is your opinion CB, when will it be and by how much?


  10. Radhika Says:
    August 26th, 2009
    Posted at: 8:12 pm

    @ALL
    Earlier during the day there have been some messages regarding the best service provider for day trading. Reliance Money and Artha Money seem to be the best as per the discussion. Can some please provide details about there fee structure.


  11. CB Says:
    August 26th, 2009
    Posted at: 8:16 pm

    Hi vk, i guess many have received it. you should have received it by now..try contacting your broker.

    Hi SATVIK, yes..will be volatile due to expiry

    Hi sachin, it has some resistance at 120 levels.. above this it can see 140. .hold it..its a good bet.

    Hi subramani, buy some of REI Agro

    Hi Shekhar, ones crossing 200dma are much stronger

    Hi Anil, hold it.. once marekts see profit booking it can comes down to 120

    Hi niju, yes. hold them for some more time..

    Hi GAURAV, markets are positive.. but wont move up in a straight line.. some profit booking is likely in coming days


  12. CB Says:
    August 26th, 2009
    Posted at: 8:18 pm

    Hi Mathew, yes. trend is up but we may see 4500 once more before the next big move.

    Hi Radhika, not sure of their structure..shall try getting the details


  13. Ajay Says:
    August 26th, 2009
    Posted at: 8:21 pm

    Hi CB,

    I have got 2000 Raj Oil at 113. Can you let me know 3 month view of this script.

    regards.
    Ajay


  14. Pankaj Says:
    August 26th, 2009
    Posted at: 8:22 pm

    RIIL was up about 8 % today, what's the tgt for it now. i m holdin some n wish to sell it off before this rally is over. thanx for ur time.


  15. CB Says:
    August 26th, 2009
    Posted at: 8:26 pm

    Hi Ajay, hold it..all new listing saw action today..it can head upto 120-125

    Hi Pankaj, it can add another 5-7%.. hold it..


  16. Ajay Says:
    August 26th, 2009
    Posted at: 8:27 pm

    Hi CB,

    thanks a lot.

    Regards.
    Ajay

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