Quotes with Resistance & Support
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Intraday calls for 02-08-10

Posted on: August 2nd, 2010 at 8:19 am

Markets likely to open higher. Resistance for nifty is at 5425 and support at 5350.

Buy Spectacle Industries Ltd at 140.95, target: 146. Stoploss: 137
Buy Jubilant Foodworks Ltd at 348.65, target: 357. Stoploss: 340

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635 Responses

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  1. AJ Says:
    August 2nd, 2010
    Posted at: 9:00 am

    Hi CB,
    Any stocks that I can short today?
    Please advice the levels also...


  2. Kelly Says:
    August 2nd, 2010
    Posted at: 9:00 am

    REMARK :- On last Friday Nifty closed at 5367.60, that was bad closing & if it breaks 5320 then likely to slide down further, and below 5280 downtrend will get firmly confirmed
    .


  3. CB Says:
    August 2nd, 2010
    Posted at: 9:00 am

    Hi Ramesh SS, irb can be bought above 298. omaxe near 114. not sure of hcc.


  4. CB Says:
    August 2nd, 2010
    Posted at: 9:01 am

    Hi AJ, no, not sure of any shorts for today


  5. suzane Says:
    August 2nd, 2010
    Posted at: 9:01 am

    hey cb, good morning
    Looking at US and asian market what should be the
    1. Suport and resistance on nifty
    2. Strong stoploss and easy target for Astersilicate ?? Am in buy position and want to place a sell order ... Plz give me the best figures u find
    Is it wise to hold the position till the end of day .. Do u think market will be in +ve till days end ??
    Whats the target ??


  6. Vishal Says:
    August 2nd, 2010
    Posted at: 9:02 am

    Hi CB, can we buy Spectacle now @CMP. Already at 143


  7. CB Says:
    August 2nd, 2010
    Posted at: 9:03 am

    Hi suzane, Good morning. aster is at another lower circuit. guess will need to hold it for some more time..

    Hi Vishal, in small quantity


  8. AJ Says:
    August 2nd, 2010
    Posted at: 9:03 am

    What do you think about BGRENEERGY? What are good levels to watch?


  9. CB Says:
    August 2nd, 2010
    Posted at: 9:05 am

    Hi AJ, has strong resistance near 765

    Hi suzane, really sorry. completely operator driven it seems.


  10. CB Says:
    August 2nd, 2010
    Posted at: 9:05 am

    Hi shiva, no, as of now none..


  11. Trader Says:
    August 2nd, 2010
    Posted at: 9:07 am

    hi cb,
    why Asian mkts have risen today ??
    any specific reason ?


  12. CB Says:
    August 2nd, 2010
    Posted at: 9:08 am

    Hi Trader, no, no news as sich


  13. suzane Says:
    August 2nd, 2010
    Posted at: 9:09 am

    Hi CB, is it good to place sell order at 157.05 or wait for its jump ??


  14. shiva Says:
    August 2nd, 2010
    Posted at: 9:09 am

    any short term call??


  15. Ramesh SS Says:
    August 2nd, 2010
    Posted at: 9:10 am

    hi cb, can i buy the 5400 put once the nifty spot touch 5425...


  16. shiva Says:
    August 2nd, 2010
    Posted at: 9:10 am

    how about GATI for intraday?

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