Quotes with Resistance & Support
Market Information

Intraday calls for 30-07-10

Posted on: July 30th, 2010 at 8:19 am

Markets likely to open slightly lower. Nifty has support at 5350 and resistance at 5420

If markets show recovery later during the day, buy: Genus Power Infrastructures Ltd. – (book profits at 234)

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735 Responses

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  1. Gitanjali Says:
    July 30th, 2010
    Posted at: 5:27 pm

    Hi SunilRao, wish you the same ..have a nice week end :) Thanks for yr updated thr' the week.

    Hi CB/ Kartik, Gouri , Kb and all , Relax with your loving folks ,enjoy yr week end .
    Hoping 'no smoking & drinking ' holds on !


  2. Gitanjali Says:
    July 30th, 2010
    Posted at: 5:28 pm

    sorry... updates ..


  3. VijayK Says:
    July 30th, 2010
    Posted at: 6:17 pm

    CB / Kartik..How do you see closing of Biocon today?


  4. SunilRao Says:
    July 30th, 2010
    Posted at: 6:26 pm

    Thanks Gitanjali, Most Welcome. :)


  5. animesh Says:
    July 30th, 2010
    Posted at: 6:28 pm

    Hi CB/Kartik,

    Can you tell me why the price of emami infrastructure goes down...whereas as per the demerger...each share holder will get one emami infrastruture fr 3 emami ltd...whereas the price of emami ltd is 474 n emami infra is 90...

    Regds,


  6. SunilRao Says:
    July 30th, 2010
    Posted at: 6:32 pm

    Hi VishalDel, Sorry to hear about that but hopefully you will recover them in Aug. :) I'm myself holding shorts in Nifty.


  7. CB Says:
    July 30th, 2010
    Posted at: 6:36 pm

    Hi No 1 Chartist, thanks buddy for replying.


  8. prashant Says:
    July 30th, 2010
    Posted at: 6:38 pm

    Good Evening Sirji

    I have FCS software at 3.75Rs and now its trading 2.75 from pasta month

    is it a hold Please suggest on it


  9. CB Says:
    July 30th, 2010
    Posted at: 6:47 pm

    Hi Smasher, would advice to wait for some dip to enter it

    Hi Gitanjali, no, not yet. below 5350 nifty can see some selling pressure. you too have a good weekend

    Hi babu, its a hold. due to weak results is trading lower. likely to recover in short term

    Hi SunilRao, Good evening. happy weekend.

    Hi Subhashis, yes, can see some upmove in near term. above 34 can see 38

    Hi VishalDel, yes, some profit booking seems to be kicking in

    Hi Vijay, yes, hold it. some support at 795. below this can see 775

    Hi Supreeth, as of now continue to hold it. dont add more of it yet

    Hi Anil, usually does well in weak markets. lets see. is near support levels

    Hi VijayK, has some supoport near 305. hold it.

    Hi animesh, yes, likely adjust with the merger ratio is coming days.


  10. CB Says:
    July 30th, 2010
    Posted at: 6:48 pm

    Hi prashant, its a med term play. fundamentally its a good bet. will do well. one can add few more on dips.


  11. SunilRao Says:
    July 30th, 2010
    Posted at: 6:51 pm

    Good Evening CB, Thanks :)


  12. animesh Says:
    July 30th, 2010
    Posted at: 6:53 pm

    Hi CB,

    Thanks fr the information...I am holding 150 shares of Emami infra....when the merge ratio is going to reflect in the shares...

    Regds,


  13. animesh Says:
    July 30th, 2010
    Posted at: 7:04 pm

    Hi CB,

    when the merge is going to happen?

    Regds


  14. ramsingh Says:
    July 30th, 2010
    Posted at: 7:10 pm

    Hai CB!
    Vision Corporation downtrend is over or continue to next week.When price bounceback.What is the target price.Please suggest.


  15. kanifb Says:
    July 30th, 2010
    Posted at: 7:17 pm

    GE CB. How are you ? I made mistake by buying Emamiinfra. I thought it's a good company. But after the fall post listing ther has been no announcement from the company management. Today also dipped from 96 to 80 and closed at 91. I just hope it reaches 110 by next Firday. What do you say ?


  16. Kelly Says:
    July 30th, 2010
    Posted at: 7:29 pm

    GE

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