Quotes with Resistance & Support
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Intraday calls for 31-08-09

Posted on: August 31st, 2009 at 9:23 am

Markets likely to see a gap down opening.

If marekts show recovery later during the day, Buy: Unitech and Bharti Airtel

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  1. SMH Says:
    August 31st, 2009
    Posted at: 11:18 pm

    cb, bot jubilant organics @ 247 & tata coffee @ 370 please guide to hold or exit


  2. Naren (BLUE CHIP) Says:
    August 31st, 2009
    Posted at: 11:31 pm

    Hi Roy when did you bot that satyam ?


  3. Naren (BLUE CHIP) Says:
    August 31st, 2009
    Posted at: 11:35 pm

    Hi akanksha, what is your profit percentage now look that and is that sufficient for you and as well as the most important L&T had bot the satyam at 42 something and he asked the SEBI for the permeation to sell the satyam stocks so that befor you sell it.


  4. Naren (BLUE CHIP) Says:
    August 31st, 2009
    Posted at: 11:40 pm

    Hi chaitanya, it is quite difficult to say, but our indian market is sentimental market. and tomorrow the possibility is very high it may go down very heavily like one more 250 and more down but normally the resistance is at the Nifty 4600 and if its fall beyond that may go down to 4200 to 4300 level.


  5. CB Says:
    August 31st, 2009
    Posted at: 11:40 pm

    Hi senthil, ok hold them for short term..dcb & alok are looking good and are likely to do well in short term.

    Hi Suzane, tech mah looks good..one can add it on dips... unitech can add 2-3rs..support at 106. Maytas may open up circut

    Hi chaitanya, we may see 4500-4550 and then make a higher move. nifty has formed a triple top at 4730. once we cross this level 4900 is easily achievable. for investors as of now patience is the key

    Hi Roy, guess it reacted to the move seen in Indian markets.. its likely to do well tomorrow also

    Hi pankaj, hold it for short term..stock is in a uptrend as of now. .has strong support around 1050.. it can see 1300 hold it.. lets see how nhpc lists.. its likely to do well in short term..may see 50+

    Hi somashekhara, it can see that level in couple of months

    Hi akanksha, hold satyam for some more time..it can see 130. lets see how nhpc opens

    Hi Naren (BLUE CHIP), as of now 4730 remains a strong resistance level. we are drifting lower due to global markets. support is around 4500-4550 levels.

    Hi SMH, hold them for some more time..they look good technically


  6. CB Says:
    August 31st, 2009
    Posted at: 11:41 pm

    Hi Naren (BLUE CHIP), thanks for sharing ur views


  7. Naren (BLUE CHIP) Says:
    August 31st, 2009
    Posted at: 11:43 pm

    ya your always welcome. what do you think where the market is moving?


  8. CB Says:
    August 31st, 2009
    Posted at: 11:45 pm

    Hi Naren (BLUE CHIP), we may see 4550 in coming days.


  9. Naren (BLUE CHIP) Says:
    August 31st, 2009
    Posted at: 11:49 pm

    Hi CB, ok. is that market may reach 30k in 2 to 3 years ? is there any possibility? i heard some where ? but i am not sure that sensex may reach that much. but what are there chances may reach that level?


  10. Kaustabh Says:
    August 31st, 2009
    Posted at: 11:54 pm

    Hi Chirag...any good script ...likely to do well in short term ???


  11. amrita Says:
    August 31st, 2009
    Posted at: 11:58 pm

    hi cb

    nowa days it has become difficult to find u!!!!
    as u know i trade in sharekhan trade tiger
    and unfortunately my 1800 shares r not visible in my dp
    they r saying it has gone short
    and i cant trade b4 wed day!!some t+2 factor is there

    ur view pls....
    and any target for alok till thursday?


  12. CB Says:
    August 31st, 2009
    Posted at: 11:59 pm

    Hi Naren (BLUE CHIP), not sure of long term yet.. we may still be in a bear market rally, who knows. for short term we have strong support at 4350-4400 levels.. resistance remains at 4730..


  13. CB Says:
    September 1st, 2009
    Posted at: 12:04 am

    Hi Kaustabh, buy some of united spirits..

    Hi amrita, oh ok.. you would get them back in 2 days.. Alok looks strong.can see 24-25


  14. Naren (BLUE CHIP) Says:
    September 1st, 2009
    Posted at: 12:09 am

    Hi CB, ok and i am having some nagarjuna fertliser do you think how much it will go high at? i had bot at 34.15 4 days back


  15. pankaj Says:
    September 1st, 2009
    Posted at: 12:10 am

    hi CB, Gujnre is up about 6% today. what trend u see for it now in short term. i hold some @ 61/-, tell what to do?? thanx a lot.


  16. CB Says:
    September 1st, 2009
    Posted at: 12:11 am

    Hi Naren (BLUE CHIP), It has strong support at 33. keep sl at 32-33 on closing basis and hold it.. it can head upto 40 if markets recover from here

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