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: 9:43 pm

    Hi hb, it is in an uptrend. would advice to exit on dips for now. can test 4800 in 2-3 days

    Hi Mani, bfu has good support at 510-515. can bounce back. just dial is going weak. may take a while to recover. upl is a hold for now.


  2. subin Says:
    August 3rd, 2016
    Posted at: 10:16 pm

    As it happened !! GST bill passed


  3. SaiPalanivel Says:
    August 3rd, 2016
    Posted at: 10:35 pm

    HI CB SIR,GST IMPACT IT SECTERS INFY 1060 PE 21.00 EXIT OR HOLD?


  4. Jai prakash Says:
    August 3rd, 2016
    Posted at: 10:46 pm

    Hi
    Tomarrow manapurram fin tgt
    Pls


  5. zia Says:
    August 3rd, 2016
    Posted at: 10:46 pm

    Sir GST passed so tomorrows can u see on chart for Voltas will it go up


  6. mrp Says:
    August 4th, 2016
    Posted at: 1:20 am

    Hi CB , Arvind & Axis bank tomorrow trgt pls ? Tq.


  7. CB Says:
    August 4th, 2016
    Posted at: 7:19 am

    Hi mrp, arvind may remain flat. axis bank around 555

    Hi zia, can expect some bounce in it

    Hi Jai prakash, can test 85

    Hi SaiPalanivel, its a hold for now. sl near 1095.

    Hi subin, :) yes. lets see how it goes today


  8. Krishna Says:
    August 4th, 2016
    Posted at: 7:35 am

    HI CB GM!! GST passed.. I have 2 queries..
    1. So will vedanta,Page Industries,voltas,ajanta go up today intraday?
    2. I feel this will not have impact on BHEL.. Am i right?


  9. kishor Says:
    August 4th, 2016
    Posted at: 7:48 am

    good morning


  10. CB Says:
    August 4th, 2016
    Posted at: 7:58 am

    Hi kishor, Good morning

    Hi Krishna, its a bit negative for steel stocks. page, voltas may see some bounce. its neutral for pharma stocks.


  11. Akshay Says:
    August 4th, 2016
    Posted at: 8:04 am

    Hi CB sir, Good morning


  12. Krishna Says:
    August 4th, 2016
    Posted at: 8:09 am

    thanks CB!!
    What about IBRealEst,ICICI, Canara bank?
    Will BHEL go down further?


  13. Nish Says:
    August 4th, 2016
    Posted at: 8:12 am

    Hi CB sir,
    What is impact of GST on liquor stocks


  14. Nish Says:
    August 4th, 2016
    Posted at: 8:14 am

    Specifically impact of GST on United Spirit, UFO Moviez,


  15. CB Says:
    August 4th, 2016
    Posted at: 8:25 am

    Hi Nish, likely to have no effect on united spirits. not really sure of ufo

    Hi Krishna, best to wait for some more time to enter these. are seeing profit booking

    Hi Akshay, Good morning

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