Quotes with Resistance & Support
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Intraday calls for 11-08-14

Posted on: August 11th, 2014 at 8:29 am

Markets likely to open higher. Resistance for nifty is at 7620 and support at 7540.

If markets show weakness later during the day, sell: BHEL

Thought for the day: Every one has a fair turn to be as great as he pleases — Jeremy Collier

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365 Responses

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  1. CB Says:
    August 11th, 2014
    Posted at: 9:14 pm

    Hi Munna, ok. lets hold for now. seems markets may open a bit higher tomorrow. shall try and exit on rise

    Hi ankush, most welcome

    Hi Raj, dont see any news on it yet. has strong support at 700. if breaks this can fall further

    Hi vishal, can test 1480. try and exit on rise as it looks weak below 1500. axis bank can test 380. is a hold with sl at 1800 (Spot) for now

    Hi Taj, seems may open 15-20 points higher. no, not sure of fresh longs yet.


  2. TAPAN Says:
    August 11th, 2014
    Posted at: 9:26 pm

    CB SIR, I WANT TO KNOW IOB, JAYSHREE TEA, DHUNSREEE PETRO CHEM LONG TERM TARGET PRICE FOR 6 MONTHS PLEZ


  3. vishal Says:
    August 11th, 2014
    Posted at: 9:44 pm

    Are you sure that axis bank futures could only go up by Rs.2 tomorrow, because it closed at 378 today, and sgx nifty is showing a gain of almost 50 points, and your view is of a target of 380 in axis bank. i was thinking anything between 385-390.


  4. vishal Says:
    August 11th, 2014
    Posted at: 9:51 pm

    I think the markets are going to be on a roll tomorrow with huge spikes in beaten down nifty stocks and high beta stocks. Larsen proves to be a good candidate for tomorrow and i think Reliance infra should also do well tomorrow. These are my personal views and i dont mean to offend anyone.


  5. nitin Says:
    August 11th, 2014
    Posted at: 10:23 pm

    Tomorrow nifty opening how much


  6. CB Says:
    August 11th, 2014
    Posted at: 10:33 pm

    Hi TAPAN, these are good long term bets. can add 25-30%

    Hi vishal, it has resistance at 380 levels. if manages to cross it, could test 385-388

    Hi nitin, seems may open 30-40 points higher.. lets see how Asian markets open


  7. Taj Says:
    August 11th, 2014
    Posted at: 10:34 pm

    If nifty open higher can we short nifty ce near 7680 to 7700


  8. CB Says:
    August 11th, 2014
    Posted at: 10:36 pm

    Hi Taj, need to look at global queues at that point of time.. lets see how it goes.


  9. Taj Says:
    August 11th, 2014
    Posted at: 10:41 pm

    Ok cb sir bcoz I'm holding 7700 ce
    But only 8 points up movement and nifty up by 6
    50 points, and holding pe 7400 straight 20 point down in pe why like this sir now what should I do I'm think to exit 7680 and hold pe what do suggest to me


  10. CB Says:
    August 11th, 2014
    Posted at: 11:02 pm

    Hi Taj, ok. shall exit from ce on rise tomorrow. not really sure why such movement..


  11. Vizay Says:
    August 11th, 2014
    Posted at: 11:12 pm

    Hi CB Sir, can i enter Tatamotors and SBIN tomorrow?


  12. vishal Says:
    August 11th, 2014
    Posted at: 11:21 pm

    Is Kec International a good bet at current at the current price of 98, it was at 155 a few days back, correction of almost 40%.


  13. Pradipto Says:
    August 11th, 2014
    Posted at: 11:23 pm

    hello sir m holding den network 100 at 239/- ,,,, now its going down,, can i do average?


  14. umar Says:
    August 12th, 2014
    Posted at: 12:18 am

    Hi CB,
    what is the intraday target of BEML for tommorrow??


  15. CB Says:
    August 12th, 2014
    Posted at: 7:56 am

    Hi Vizay, no, dont enter these yet

    Hi vishal, not yet. is going a bit weak

    Hi Pradipto, not really sure whats the news on it. dont add more yet. lets wait

    Hi umar, can test 630

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