Quotes with Resistance & Support
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Intraday calls for 28-08-09

Posted on: August 28th, 2009 at 9:18 am

Sell Cummins India at 325, target: 313. Stoploss: 330.

If markets show recovery later during the day, buy: REI Agro.

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702 Responses

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  1. Divyesh Says:
    August 29th, 2009
    Posted at: 11:27 am

    Hi Cb

    if u get the time please come on line

    Regards


  2. naga Says:
    August 29th, 2009
    Posted at: 11:41 am

    hi cb,
    what about abg shipping ihad it at 186. hold or book profits?
    best regards


  3. vamsi Says:
    August 29th, 2009
    Posted at: 11:41 am

    HI KArthik whats KGL in ur reply?? i dint understand pl tell me..


  4. vamsi Says:
    August 29th, 2009
    Posted at: 12:09 pm

    HI CB. any clues about RAJ RAYON?? itsa small stock can i buy it for short term profit booking?


  5. viggi Says:
    August 29th, 2009
    Posted at: 12:14 pm

    Hi CB,
    I am new to this site but I just entered the market and i am in a loss of about 20% i lost in tvs motors and patni. Please suggest me good stocks to buy so that i can cover my 20% loss and start my profit sessions thanks in advance


  6. BAPU Says:
    August 29th, 2009
    Posted at: 12:31 pm

    hi CB can i buy STC for short term ?


  7. CB Says:
    August 29th, 2009
    Posted at: 1:00 pm

    Hi Divyesh, ok

    Hi naga, it has some resistance at 222. above this it can see 240..book partial profits now and hold the rest with a trailing stoploss at 209

    Hi vamsi, its Karuturi Global.. Raj rayon is overbought on charts..dont enter it now.. buy on dips around 11-12

    Hi viggi, buy some of Crompton around 318-320 for short term. its likely to do well.

    Hi BAPU, it is facing resistance at 390-400 levels..dont enter it as of now


  8. Kaustabh Says:
    August 29th, 2009
    Posted at: 1:34 pm

    hi Chirag ...do u see any upmove in Noida Toll in short term ??
    we closed above 4700(Nifty) ... can we see 4850 near future or we will see downside from here ??
    Any good script other than Crompton for short term exited from it at 327....not to greedy ...he he
    I personally believe if anyone set his targets and reach there ,exit from it even if it goes higher ..wht do u say Chirag ???


  9. viggi Says:
    August 29th, 2009
    Posted at: 1:40 pm

    Thanks CB.. One question if you mean short term.. how long does it actually signify..?


  10. anwer Says:
    August 29th, 2009
    Posted at: 1:44 pm

    CB

    I bought Plethico Pharma 41@ 243 as per your call on 25/08/2009, but yesterday it is not shown in my postion, I contacted my broker, they told that not creddited to me.
    Today I got a message from my broker "In ur account Auction credit of PLETHICO Pharma is credited Rs 12811.00" that mean I got 312.46 per share.
    This is happened due to somebody shorted that script and they are forget to buy. and that guy will be charged more than this 312.46 and after 25/08/2009 this script head up to 290
    Thanks CB for that call


  11. anwer Says:
    August 29th, 2009
    Posted at: 1:47 pm

    Can I re-enter in Plethico Pharma on monday


  12. Anil Says:
    August 29th, 2009
    Posted at: 1:52 pm

    Thanks CB. Will hold Aptech for this week also.


  13. anwer Says:
    August 29th, 2009
    Posted at: 2:03 pm

    CB
    How this news effect on Sterlite industries, base on this any chance to go up to 800 in one or two week ???

    Mexican miner Grupo Mexico has said that it has offered to extend, for two years, the collective bargaining agreement of workers at ASARCO, who have supported its rival Sterlite's bid for control of ASARCO.

    Both Sterlite and Grupo presented final arguments in favour of their respective bids earlier this week in a Federal Bankruptcy Court in Corpus Christi, Texas, and Judge Richard Schmidt is expected to make his decision known by August 31. The union representing the workers told the court it prefers the Sterlite bid.


  14. Anil Says:
    August 29th, 2009
    Posted at: 2:03 pm

    Shall I add some more @ 240-250?


  15. CB Says:
    August 29th, 2009
    Posted at: 2:47 pm

    Hi Kaustabh, thats right..safe to book profits on time due to market volatility.. Noida toll has resistance at 47 levels.. wait for a dip and enter around 41.. as of now no new call

    Hi viggi, 15-20 days

    Hi anwer, its overbought as of now..dont enter it yet. wait for some dip..not sure how that news would affect Sterlite..

    Hi Anil, yes. hold Aptech.. no..dont add more yet


  16. Ashok Says:
    August 29th, 2009
    Posted at: 3:09 pm

    Dear CB, holding United Phosphorus@167 what it will be on monday?

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