Quotes with Resistance & Support
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Intraday calls for 03-08-16

Posted on: August 3rd, 2016 at 8:28 am

Markets likely to open slightly lower. Support for Nifty is at 8580 and resistance at 8700. Bank Nifty has support at 18500 and resistance at 19050.

If markets show recovery later during the day, buy: IGL

11.47am – Sell Larsen and Tubro at 1481, target: 1460. Stop loss: 1495 – (Exit from LT at 1477)

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230 Responses

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Comment pages: 789101112131415Show all

  1. CB Says:
    August 3rd, 2016
    Posted at: 5:56 pm

    Hi Mkkamboj, oduh may remain flat. will do well once manages to cross 143. dhampur can test 135


  2. Akshay Says:
    August 3rd, 2016
    Posted at: 6:33 pm

    Hi CB sir,which are sectors may positivily affect GST.


  3. Taj Says:
    August 3rd, 2016
    Posted at: 7:07 pm

    Good evening cv sir,

    Still holding Ashok leyland it is going one side down word whether the correction is over or still remains 85 I think strong support what should I do sir


  4. Pushpendra Sharma Says:
    August 3rd, 2016
    Posted at: 7:13 pm

    Bhai, can i buy put option for BHEL tomorrow for target of 120 in cash?


  5. Prema Says:
    August 3rd, 2016
    Posted at: 7:16 pm

    Dear CB,

    HOW GST BILL approval at parliament going to affect indian market....Upmove expected?


  6. Farhan Says:
    August 3rd, 2016
    Posted at: 7:27 pm

    Hi CB sir I bought nifty 8000pe today at 12.35 rs plz suggest what to do


  7. CB Says:
    August 3rd, 2016
    Posted at: 7:28 pm

    Hi Prema, some profit booking could come in. it will most probably implemented from next year. markets are likely to move with global queues

    Hi Pushpendra Sharma, yes,can test 125 it seems

    Hi Taj, best to wait for now. seems can test 75 levels in coming days

    Hi Akshay, transport/ automobile sector would be most beneficial. hope this helps: http://economictimes.indiatimes.com/markets/stocks/news/gst-will-change-the-way-india-does-business-who-will-win-who-will-lose/articleshow/53517955.cms


  8. CB Says:
    August 3rd, 2016
    Posted at: 7:29 pm

    Hi Farhan, its a out of money call. may not move much yet. below 8500 nifty can test 8430. hold for 2-3 days. dont add more.


  9. subin Says:
    August 3rd, 2016
    Posted at: 7:29 pm

    Hi all any update abt gst bill


  10. CB Says:
    August 3rd, 2016
    Posted at: 7:43 pm

    Hi subin, no, nothing new yet


  11. JEYA Says:
    August 3rd, 2016
    Posted at: 7:55 pm

    GOOD EVENING TO EVERYBADY.

    WHAT IS YOUR VIEW ON VEDANTA FOR ST.

    TARGET PLEASE.

    THANKS.


  12. CB Says:
    August 3rd, 2016
    Posted at: 8:18 pm

    Hi JEYA, Good evening. its seeing some profit booking. can correct further. dont enter it yet.


  13. Niki Says:
    August 3rd, 2016
    Posted at: 8:30 pm

    Sir I m still holding LT pe. .will it fall Tom or exit at opening ??


  14. CB Says:
    August 3rd, 2016
    Posted at: 8:48 pm

    Hi Niki, yes, does look weak below 1495. can test 1460


  15. Mani Says:
    August 3rd, 2016
    Posted at: 8:51 pm

    Hi cb I am holding Upl and bfutlitiles and just dial what to do ?


  16. hb Says:
    August 3rd, 2016
    Posted at: 9:01 pm

    hi cb iam holding lt put maruti call what to do plz suggest

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