Quotes with Resistance & Support
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Intraday calls for 02-08-12

Posted on: August 2nd, 2012 at 8:30 am

Markets likely to open flat. Resistance for nifty is at 5270 and support at 5180.

Buy Bombay Dyeing at 504, target: 520. Stoploss: 494 – (Exit from Bombay Dyeing at 506)

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506 Responses

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  1. Sohan Says:
    August 2nd, 2012
    Posted at: 12:52 pm

    Hi Kb Trader, Is this SBI. Somewhere I discussed with a friend. SBI on hourly chart is forming a pennant, and is at lower end of trend support.

    Below this could go down, if coupled to bad news from ECB

    Sohan


  2. Sandip Says:
    August 2nd, 2012
    Posted at: 12:52 pm

    Check reliance infra.....Book profit at 522...


  3. Ganesh Says:
    August 2nd, 2012
    Posted at: 12:52 pm

    SELL AXISBANK 1054-56 SL 1060 INTRADAY MIGHT GIVE 1% PROFIT.


  4. Ashwani Gujral Says:
    August 2nd, 2012
    Posted at: 12:52 pm

    Today nifty forms 5200 as base, go long in BANK NIFTY for 4-5% returns in 1 week, bye take care.....


  5. Sandip Says:
    August 2nd, 2012
    Posted at: 12:55 pm

    IF market comes in + ve otherwise can book profit at 516..


  6. Sunil Says:
    August 2nd, 2012
    Posted at: 12:56 pm

    Hi where is SR,ROBO,IMRAN


  7. avik Says:
    August 2nd, 2012
    Posted at: 12:58 pm

    is it good to short nifty now?


  8. varughese Says:
    August 2nd, 2012
    Posted at: 12:59 pm

    Hello Cb Sir,

    How r u?

    What about United spirits ( Mcdowel -N) for Intraday today..What will be todays high?


  9. varughese Says:
    August 2nd, 2012
    Posted at: 1:00 pm

    Dont short..


  10. ARCHANAREDDY Says:
    August 2nd, 2012
    Posted at: 1:05 pm

    hi cb.....


  11. Anne Says:
    August 2nd, 2012
    Posted at: 1:07 pm

    hi... can someone suggest me should i go for 5200 call or put ?

    advice pleaseeeeeeeeee


  12. Jack Says:
    August 2nd, 2012
    Posted at: 1:11 pm

    Hi Ravi Sharma, Hold on for some more time. Don't expect big move. This stock is high in volatility, if it goes up it might cross 520 or else big fall is not a surprise. Normally this stock moves only on news.


  13. Sandip Says:
    August 2nd, 2012
    Posted at: 1:11 pm

    Europe has opened flat and is trading with a positive bias while the Indian market has pulled back from the lows of the day.


  14. Gangadhar Says:
    August 2nd, 2012
    Posted at: 1:12 pm

    Hi CB SIR,
    i TOLD GAIL BUY @351 now ITs moving upside 355


  15. subodh Says:
    August 2nd, 2012
    Posted at: 1:15 pm

    Hi Sunil, SR was not felling well..Imran might be busy in Thomson reuters!!


  16. smarty Says:
    August 2nd, 2012
    Posted at: 1:15 pm

    Hi CB,good evening... should i hold tata global till tomorrow ???may u tell me the tgt for 2moro..??thnx in advance...

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