Quotes with Resistance & Support
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Intraday calls for 27-07-10

Posted on: July 27th, 2010 at 8:21 am

Markets likely to open slightly higher. Resistance for nifty is at 5450 and support at 5400.

Buy Crompton Greaves at 283.75, target: 290. Stoploss: 278.

Trade in small quantity.

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537 Responses

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  1. Kb Says:
    July 27th, 2010
    Posted at: 2:13 pm

    Hi brinda, repo means at the rate which the banks borrow from RBI

    Reverse repo means at the rate which the RBI borrows from banks ..

    Increase in reverse repo > banks will be more interested to give loans to RBI than other people > more cash will flow out of banking system ..

    Hope this explains ..


  2. rony Says:
    July 27th, 2010
    Posted at: 2:17 pm

    hi kartik can i sell nifty here?..pls suggest


  3. Kb Says:
    July 27th, 2010
    Posted at: 2:20 pm

    Hi rony, No.. not looking weak ..


  4. manmin Says:
    July 27th, 2010
    Posted at: 2:22 pm

    hi kartik essar oil is falling for last 10-12 sessions and not recovering . what is the reason ? is it a sell ?


  5. Bhupendra Shah Says:
    July 27th, 2010
    Posted at: 2:23 pm

    Is there any news on PIPAVAV?


  6. LEO Says:
    July 27th, 2010
    Posted at: 2:23 pm

    OK Kb,


  7. viji Says:
    July 27th, 2010
    Posted at: 2:25 pm

    Thanks k.b


  8. viji Says:
    July 27th, 2010
    Posted at: 2:28 pm

    Thanks for repo explanation,how repo hike reacts in mkt?


  9. brinda Says:
    July 27th, 2010
    Posted at: 2:29 pm

    Thank u k.p sir here interest namerd as repo, correct?


  10. rameshb Says:
    July 27th, 2010
    Posted at: 2:32 pm

    hi can i add some avon engineering at 5.9. or will it go down further?


  11. CB Says:
    July 27th, 2010
    Posted at: 2:33 pm

    Hi Guru, really sorry to hear that.. would advice to enter ifci and sesa goa on dips for short term

    ************** sorry, was not online before.


  12. CB Says:
    July 27th, 2010
    Posted at: 2:33 pm

    Hi rameshb, no, not yet.


  13. ARIJIT Says:
    July 27th, 2010
    Posted at: 2:34 pm

    Hi CB,
    CAN I BUY SESA GOA?


  14. Kb Says:
    July 27th, 2010
    Posted at: 2:35 pm

    Hi brinda, Yes ... Most welcome :)


  15. CB Says:
    July 27th, 2010
    Posted at: 2:35 pm

    Hi ARIJIT, yes, in small quantity


  16. manmin Says:
    July 27th, 2010
    Posted at: 2:35 pm

    hi CB essar oil is falling for last 10-12 sessions and not recovering . what is the reason ? is it a sell ?

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