Quotes with Resistance & Support
Market Information

Intraday calls for 29-10-09

Posted on: October 29th, 2009 at 9:12 am

Markets likely to see a gap down opening. Nifty has strong support at 4730-4750.

If markets show recovery later during the day, Buy: Deccan Chronicle Holdings

High Risk bet – Buy nifty 4800 call (nov series) when Nifty is near 4750 with sl at 4700-4720 – Book profit at 150

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604 Responses

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  1. Akela Says:
    October 29th, 2009
    Posted at: 4:25 pm

    CB - Can you tell me how can i buy citurguria biochemicals. I am not able to buy it. Since daily it is opening with upper circuit.


  2. Mohan Says:
    October 29th, 2009
    Posted at: 4:27 pm

    Hi CB, is Ambuja out of its bearishness now? Will there be a rebound from this level? Still holding shorts. Couldn't exit today as it did not ease up


  3. uniyal Says:
    October 29th, 2009
    Posted at: 4:41 pm

    CB Sir, Why banking stock are going down and down.. Whats about IOB Bank... Have there any chance to touch again 110 to 115 tomorrow.. Plz suggest.


  4. Angana Bag Says:
    October 29th, 2009
    Posted at: 4:49 pm

    Hi CB,
    What is the short term target for tata steel? I've 100 shares @ 485


  5. vikkey Says:
    October 29th, 2009
    Posted at: 4:52 pm

    cb sir without reason why markets are falling .. where will be the end


  6. manoj Says:
    October 29th, 2009
    Posted at: 5:05 pm

    little bit correction


  7. Prem Says:
    October 29th, 2009
    Posted at: 5:17 pm

    Hi CB,When is Alok Industries Quaterly result is coming out..how will be the status..?


  8. vikram Says:
    October 29th, 2009
    Posted at: 5:25 pm

    hi cb i book huge loss in idea whar u see on charts


  9. Akila Says:
    October 29th, 2009
    Posted at: 5:42 pm

    CB, bought huge quantity indiainfoline at 128 at close today... can i hope to make some profit in a week? booked huge losses in all other stocks held..

    how will nifty pen tomorrow?


  10. Akila Says:
    October 29th, 2009
    Posted at: 5:44 pm

    sorry... nifty open* tomorrow


  11. Deepak7791 Says:
    October 29th, 2009
    Posted at: 6:02 pm

    Dear CB

    Did you see Reliance Industries result ? Tulsian says the stock will come down to 1900 levels. Do you see it going up tomorrow by any chance?


  12. sunit Says:
    October 29th, 2009
    Posted at: 6:36 pm

    Hi CB, how about vishal info??? how much downward is left.. wht level can it see downside??? I want to average this stock... my purchase price is 19.80... and now i am in loss of about 20000/-,,,


  13. CB Says:
    October 29th, 2009
    Posted at: 6:53 pm

    Hi Brahan, most welcome

    Hi anoop, invest some in jp assoc and vikas wsp

    Hi Akela, we cannot buy stocks in upper circuit. you may put a buy order at circuit limit and if a seller comes in, you might get it

    Hi Mohan, Cement space looks weak. exit them tomorrow..markets are likely to be positive tomorrow.

    Hi uniyal, they have rallied quite a bit recently and are seeing some profit booking. a bounce is likely

    Hi Angana Bag, it can see 500. hold it

    Hi vikkey, its profit booking after a huge rally.. markets may stabilize at these levels for some time.

    Hi Prem, not sure about it

    Hi vikram, charts are not saying much since this was a news based move. if possible keep it for 2-3 months..sector will see revival

    Hi Akila, yes..its likely to open around 135-138 tomorrow.

    Hi Deepak7791, it can come down by 100 points if markets continue to remain weak..as of now it seems markets will see some bounce.

    Hi sunit, avg it out at cmp.. downside is limited from here.


  14. pradeep Says:
    October 29th, 2009
    Posted at: 7:13 pm

    I HAVE PURCHASED A HPCL FUTURE TODAY. WHAT DO YOU SUGGEST?


  15. ramsingh Says:
    October 29th, 2009
    Posted at: 7:23 pm

    Hai CB!
    Further market correct from here or bounceback to reach 5100 level.


  16. Yogesh Says:
    October 29th, 2009
    Posted at: 8:20 pm

    Hi CB, i brought finloex industries at 59 and now cmp at 48.65. Will there be any recovery in month or so. I am already in a huge loss.

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