Quotes with Resistance & Support
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Intraday calls for 30-07-09

Posted on: July 30th, 2009 at 9:25 am

Nifty has strong support at 4380-4400 levels.

No momentum calls considering a flat opening and high volatility.

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

Some stocks to watch for breakout:
Buy Tech Mahindra above 834, target: 858. Stoploss: 828
Buy Crompton Greaves above 312, target: 320. Stoploss: 308

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521 Responses

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  1. CB Says:
    July 30th, 2009
    Posted at: 9:43 am

    Hi Praveen Pinto, most welcome


  2. CB Says:
    July 30th, 2009
    Posted at: 9:43 am

    Hi prasad, wait for a weeks time


  3. yash Says:
    July 30th, 2009
    Posted at: 9:43 am

    i bought nifty 4700 call @ 26 rs. today is last day of the month...yesterday closing was 2 rs.

    what is ur view for today......???


  4. preethi Says:
    July 30th, 2009
    Posted at: 9:43 am

    Any banks for intraday today??


  5. CB Says:
    July 30th, 2009
    Posted at: 9:44 am

    Hi yash, it may open lower as Nifty is likely to open flat.. exit from it


  6. CB Says:
    July 30th, 2009
    Posted at: 9:44 am

    Hi preethi, no..


  7. preethi Says:
    July 30th, 2009
    Posted at: 9:46 am

    Thank u sir!! planning to buy VIP at opening bell.. what do u suggest??


  8. yash Says:
    July 30th, 2009
    Posted at: 9:47 am

    should i invest in call or put of the august month in nifty...??


  9. CB Says:
    July 30th, 2009
    Posted at: 9:47 am

    Hi preethi, yes.. buy in small quantity and keep sl at 61.. don't enter if it opens with a gap up


  10. Sonu Says:
    July 30th, 2009
    Posted at: 9:47 am

    I have 1500 shares of FDC Ltd. @ 35. What should I do?


  11. Mathew Says:
    July 30th, 2009
    Posted at: 9:47 am

    Hi CB, what is your take on Sasken Communications? It has fallen quite a bit and seems to have stopped the downslide. Will it move up from here?


  12. CB Says:
    July 30th, 2009
    Posted at: 9:47 am

    Hi yash, not yet.. lets wait for a breakout


  13. Arun Says:
    July 30th, 2009
    Posted at: 9:48 am

    Hi CB,

    What is the short term target for Rolta India? I have 100 @145. Should I book profits

    Thanks,
    Arun


  14. CB Says:
    July 30th, 2009
    Posted at: 9:48 am

    Hi Sonu, book partial profits as of now and hold the rest

    Hi Mathew, it has good support at 109.. could see a small bounce from this level


  15. CB Says:
    July 30th, 2009
    Posted at: 9:49 am

    Hi Arun, it can see 160.. book partial profits on rise


  16. Dipishree Says:
    July 30th, 2009
    Posted at: 9:49 am

    Good Morning....How is RNRL. From few days it is moving almost flat..Any upwards move is anticipated..? Can we buy DLF since it slashed yesterday..?

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