Quotes with Resistance & Support
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  1. Maya Says:
    September 2nd, 2013
    Posted at: 9:31 am

    Gud morning Sir,

    HRU ? Its been a very long time. I had bought a big lot of renuka and gmr infra in march. Could you advice me a strategy of coming out of it plz

    CB, replies: Hi Maya, Good morning. ok. these are a hold for now. nifty does have strong resistance near 5550. if manages to cross it, could move higher. on rise hedge these with a 5400pe.

  2. CB Says:
    September 2nd, 2013
    Posted at: 9:31 am

    Hi Suraj, its facing resistance near 280 levels. above this can head upto 295.


  3. keerthi Says:
    September 2nd, 2013
    Posted at: 9:34 am

    hi Cb
    what's ur view on SBIN?

    CB, replies: Hi keerthi, has resistance at 1550 levels

  4. Maya Says:
    September 2nd, 2013
    Posted at: 9:36 am

    Sir i only deal in cash. Don't have much idea in futures and options though would like to learn it soon.

    CB, replies: Hi Maya, ok. these are a hold for short term. once midcap index starts moving, these will recover

  5. Maya Says:
    September 2nd, 2013
    Posted at: 9:37 am

    I meant with strategy that may be sell and buy something better or hold. Sorry for the confusion. Should have used a better word.

    CB, replies: Hi Maya, ok. these are a hold for short term. once midcap index starts moving, these will recover

  6. ani Says:
    September 2nd, 2013
    Posted at: 9:38 am

    pl tell me the good exit level for nmdc

    CB, replies: Hi ani, can head upto 125-127

  7. neeru Says:
    September 2nd, 2013
    Posted at: 9:39 am

    what about ongc can in buy 280ce ?

    CB, replies: Hi neeru, no, looks weak

  8. Suraj Says:
    September 2nd, 2013
    Posted at: 9:41 am

    Sir,
    Can visaka see 100 in the coming days ?

    CB, replies: Hi Suraj, it has good support at 75 levels. if holds onto it, can see a bounce upto 85. not sure of 100 levels yet.

  9. neeru Says:
    September 2nd, 2013
    Posted at: 9:42 am

    then can in enter in jpass 37.5ce ? bt i had a doubt it has a plant selling news is it negative for it ?

    CB, replies: Hi neeru, go with a 35 ce for now.

  10. preetom borthakur Says:
    September 2nd, 2013
    Posted at: 9:44 am

    sir,
    i have Firstsource limited @12.9 can I hold it for 1 to 2 months.
    thank you.

    CB, replies: Hi preetom borthakur, yes, its a good short term bet

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