Quotes with Resistance & Support
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Intraday calls for 29-07-10

Posted on: July 29th, 2010 at 8:20 am

Markets likely to open slightly lower

If markets show recovery later during the day, buy: Precot Meridian Ltd & Mahindra and Mahindra ltd

(Book profits in PRECOT at 235)

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495 Responses

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  1. smh Says:
    July 29th, 2010
    Posted at: 8:31 am

    cb/kartik i am holding tata comm fut @ 290 the results have come very bad what cud be outcome shoudl i book my loss & exit & any leves which i can expect today pls guide i am tensed pls


  2. LEO Says:
    July 29th, 2010
    Posted at: 8:33 am

    Hi Cb,

    Any recover expected in second half & tomorrow .......


  3. Kartik Says:
    July 29th, 2010
    Posted at: 8:33 am

    Hi andy, GM, it faces strong support at 320, hold it for some time

    Hi alekhya, Good morning, same to you

    Hi Bhanu, it can see 84 today if Markets show some upmove

    Hi Kranthi, GM, we might be in a range of 5380-5420

    Hi suzane, you may enter it around 640, with a SL at 634, it can see 648

    Hi Kathiravan, it can see 120 in the Short run, hold it for another 1-2 months time


  4. tuff money Says:
    July 29th, 2010
    Posted at: 8:34 am

    what is the effect of banks hiking deposit rates ?


  5. Kartik Says:
    July 29th, 2010
    Posted at: 8:36 am

    Hi smh, yes, it might open lower around 280 levels, try to exit on any rise


  6. Kartik Says:
    July 29th, 2010
    Posted at: 8:38 am

    Hi KMines, to be on the safe side,book 60 profits in them at CMP, hold the rest for another 2-3 months time with a SL at 5300 on Nifty

    Hi LEO, if European Markets show some recovery, we might add some gains, but Technically below 5400 we look weak


  7. Kartik Says:
    July 29th, 2010
    Posted at: 8:38 am

    Hi tuff money, they can add some gains (around 2-3% )


  8. varun Says:
    July 29th, 2010
    Posted at: 8:38 am

    karthik............wats ur view on ABB? I'm holding its 840 PUT@22 and 820 PUT @6.wat should i do? can it see lower levels closer to 820 today?


  9. Ravi Says:
    July 29th, 2010
    Posted at: 8:40 am

    can i buy today tatapower at cmp, what is the target for today


  10. ttsathya Says:
    July 29th, 2010
    Posted at: 8:40 am

    1.Bt Rolta fut @185.Now it is 173.25. f&o closing is nearing. 2.Bt UCO Bk Aug Fut @91.5 Pl advice


  11. LEO Says:
    July 29th, 2010
    Posted at: 8:41 am

    Hi Kartik,

    Any News About PRAJINS


  12. Suresh m Says:
    July 29th, 2010
    Posted at: 8:41 am

    Hi kartik, whats the tgt for ifci and gspl today?will gspl see uptrend when its result comes out?


  13. bhuvana Says:
    July 29th, 2010
    Posted at: 8:43 am

    hai 'cb' and karthik gud morning holding 1000 bio con@327 continue to hold or ...


  14. bgdhruve Says:
    July 29th, 2010
    Posted at: 8:43 am

    what about avaya global net(AGCNET)


  15. Pathy Says:
    July 29th, 2010
    Posted at: 8:44 am

    Good morning karthik


  16. Vishal Says:
    July 29th, 2010
    Posted at: 8:44 am

    Hi CB, Good Morning. When will Biocon see 330

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