Quotes with Resistance & Support
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Intraday calls for 31-07-09

Posted on: July 31st, 2009 at 9:24 am

Buy Tech Mahindra above 860, target: 880. Stoploss: 853
Buy Dr.Reddy’s Laboratories above 835, target: 855. Stoploss: 828

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679 Responses

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  1. ashhish Says:
    August 1st, 2009
    Posted at: 8:31 pm

    Hi CB

    what do u think,now market will see somedownside from here or will it see levels of 18000 till diwali.
    Should one subscribe to new IPO'S like APL and NPCL?


  2. CB Says:
    August 1st, 2009
    Posted at: 8:53 pm

    Hi Sri, lets see how markets open.. it has already rallied quite a bit..

    Hi ashhish, as of now facing strong resistance at 4700.. above this we could see 4850. .strong support is at 4620. not sure about NPCL yet.. Adani subscription is closed now


  3. anwer Says:
    August 1st, 2009
    Posted at: 8:56 pm

    at what level i can enter on ICICI bank & tata steel is it good bet for short term


  4. pb Says:
    August 1st, 2009
    Posted at: 8:57 pm

    Hi CB,
    I have essar oil @ 184
    syndicate bank@85
    IOB@94
    satyam@100
    unitech@85

    I have vishal retail@95 and jai corp@310. Is it going to go down further? Shall i book my losses
    Please advice what should I do


  5. pb Says:
    August 1st, 2009
    Posted at: 9:03 pm

    I was not able to view my post
    so posting again
    I have essar oil @184
    syndicate bnk@85
    IOB@94
    unitech@85
    satyam@100

    I have vishal retail@96 & jai corp @ 310. Shall I book my losses?
    please advice


  6. CB Says:
    August 1st, 2009
    Posted at: 9:21 pm

    Hi anwer, wait for some dip..or if Nifty manages to cross 4700 buy them in small quantity

    Hi pb, hold onto them for short term..they are very strong fundamentally and will do well in short/med term.. if possible avg Essar oil on dips..


  7. CB Says:
    August 1st, 2009
    Posted at: 9:26 pm

    Hi anwer, just replied


  8. Sri Says:
    August 1st, 2009
    Posted at: 11:18 pm

    HI CB,

    Let me be clear i want to buy 1000 shares of some company which can increase by 5-8rs in a week time, i can invest a amount of 60k. Please suggest me some good share


  9. XYZ Says:
    August 1st, 2009
    Posted at: 11:37 pm

    Hi CB

    what is the strategy to pick any stock

    what should we consider

    whos stake should we consider the most or should we consider any recent news

    and could you please explain the strategy to pick any stock


  10. CB Says:
    August 2nd, 2009
    Posted at: 12:20 am

    Hi Sri, as of now no new call..shall let you know if i find something good..

    Hi XYZ, United spirits gave a fresh breakout on Friday.. buy it for short term..it will do well


  11. XYZ Says:
    August 2nd, 2009
    Posted at: 12:40 am

    Hi CB

    i think you have missed my question could you please advise

    what is the strategy to pick any stock

    what should we consider

    whos stake should we consider the most or should we consider any recent news

    and could you please explain the strategy to pick any stock


  12. CB Says:
    August 2nd, 2009
    Posted at: 1:52 am

    Hi XYZ, stocks usually do not react to news always.. try reading some books on tech analysis.. get into stocks that give fresh breakouts technically..


  13. dd Says:
    August 2nd, 2009
    Posted at: 11:39 am

    Hi CB, you are mentioning a strong resistance @ 4700, but we all are sure that we are in a strong bull rally as of long term perspective; so even if we fail to cross previous rally high in a day or two, i think we will definitely cross 4700 & enter new high above 4800.


  14. anwer Says:
    August 2nd, 2009
    Posted at: 11:48 am

    Rolta is going to announce its result on monday, is it +ve


  15. CB Says:
    August 2nd, 2009
    Posted at: 11:48 am

    Hi dd, lets hope for the best..


  16. CB Says:
    August 2nd, 2009
    Posted at: 11:51 am

    Hi anwer, likey to be positive..

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