Quotes with Resistance & Support
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Intraday calls for 03-08-12

Posted on: August 3rd, 2012 at 8:27 am

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

Sell Axis bank at 1050, Target: 1025, SL 1068 – (Book profit in Axis bank at 1038)

12.08pm – Buy Cox & Kings at 142, target: 147. Stoploss: 138. Trade in small quantity – (Continue to hold Cox & Kings as BTST)

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450 Responses

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  1. Jack Says:
    August 3rd, 2012
    Posted at: 10:11 am

    Berger Paint target achieved.. exit


  2. Sandip Says:
    August 3rd, 2012
    Posted at: 10:12 am

    Hey Jack,,,,

    Awesome call....
    lets wait and watch Berger paint...


  3. ARCHANAREDDY Says:
    August 3rd, 2012
    Posted at: 10:14 am

    hi cbbbbbbbbbb................


  4. piya Says:
    August 3rd, 2012
    Posted at: 10:14 am

    hiii...
    i have shorted axis @ 1038 3 dayz bak..shud i exit from it now or can it go lower???
    coz yesday i was in huge losses in it..
    thanx


  5. Jack Says:
    August 3rd, 2012
    Posted at: 10:14 am

    Hi Sandip, Thanks


  6. LEO Says:
    August 3rd, 2012
    Posted at: 10:15 am

    Hi Kb, Hi Kartik, Good Morning
    Shorted Bank Nifty Fut at 10352
    Expectation level for book profit pl.


  7. sakthi Says:
    August 3rd, 2012
    Posted at: 10:16 am

    hi cb what is the target for short in nifty


  8. Sandip Says:
    August 3rd, 2012
    Posted at: 10:16 am

    Hi Jack,

    By looking at the chart...It should move upto 144-146 range..


  9. Arun Says:
    August 3rd, 2012
    Posted at: 10:16 am

    Hi have Tata Motors 200 shares bought @ 225, what to do ? Will the market bounce back today ?


  10. Jack Says:
    August 3rd, 2012
    Posted at: 10:20 am

    Hi Sandip, yes, but looking at the ECB commission report on EURO zone.. charts can betray :) so better be safe then sorry ..


  11. aabha Says:
    August 3rd, 2012
    Posted at: 10:22 am

    Hi Jack, i have earned a marginal profit in berger. ny other tip for intra today?


  12. CB Says:
    August 3rd, 2012
    Posted at: 10:22 am

    Hi sakthi, can test 5150

    Hi LEO, Good morning. yes, book profit near 10220

    Hi piya, hold it for now

    Hi ARCHANAREDDY, Good morning

    Hi Jack, nice one

    Hi Kamal, no, dont take a fresh entry now.


  13. Sandip Says:
    August 3rd, 2012
    Posted at: 10:22 am

    Yes I agree,
    But still we can go stock specific...
    Please check..
    http://www.moneycontrol.com/news/results/berger-paints-q1-net-profit19-at-rs-44-cr_739431.html


  14. Karan Sharma Says:
    August 3rd, 2012
    Posted at: 10:23 am

    Hi,

    Can i buy DCB and RENUKA (Futures) @ CMP?


  15. CB Says:
    August 3rd, 2012
    Posted at: 10:23 am

    Hi Arun, seems may take some time. hold it for now. fundamentally its a good bet


  16. CB Says:
    August 3rd, 2012
    Posted at: 10:24 am

    Hi Karan Sharma, no, not yet.

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