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: 2345678910Show all

  1. deepak7791 Says:
    August 3rd, 2016
    Posted at: 9:12 am

    Dear CB

    Any chance for AShok Leyland to recover as it closed above support level of 88.

    Also your view on Bharat Forge.


  2. SaiPalanivel Says:
    August 3rd, 2016
    Posted at: 9:12 am

    CB SIR,INFY 1060 PE EXIT OR WAIT?


  3. Ritu Says:
    August 3rd, 2016
    Posted at: 9:13 am

    CB...what about LT..it seems to be still weak ! will there be any shorting chance?


  4. CB Says:
    August 3rd, 2016
    Posted at: 9:13 am

    Hi ani, yes, can add few here.

    Hi deepak7791, its going weak. seems may take some time. bharat forge if breaks 720 can fall further


  5. laxmi Says:
    August 3rd, 2016
    Posted at: 9:13 am

    hi cb sir, good morning


  6. Chetan Kumar Says:
    August 3rd, 2016
    Posted at: 9:13 am

    Hi CB , Any view on CESC .. still holding


  7. SaiPalanivel Says:
    August 3rd, 2016
    Posted at: 9:13 am

    CB SIR,INFY PE HOLD OR EXIT?


  8. Niki Says:
    August 3rd, 2016
    Posted at: 9:13 am

    Sir how much can nifty test on the downside ??I m.holding nifty pe


  9. CB Says:
    August 3rd, 2016
    Posted at: 9:14 am

    Hi Niki, if breaks 8580 can test 8500

    Hi SaiPalanivel, its a hold. sl near 1098

    Hi Chetan Kumar, is near good support of 600. can bounce back from here

    Hi laxmi, Good morning

    Hi Ritu, yes can go short below 1490


  10. Aniket Says:
    August 3rd, 2016
    Posted at: 9:15 am

    Bharat forge target plz (intraday)


  11. CB Says:
    August 3rd, 2016
    Posted at: 9:16 am

    Hi Aniket, if breaks 720 can fall further. else can test 738


  12. CB Says:
    August 3rd, 2016
    Posted at: 9:16 am

    ill be back in 30 min


  13. Niki Says:
    August 3rd, 2016
    Posted at: 9:25 am

    Thank u sir. .


  14. Krishna Says:
    August 3rd, 2016
    Posted at: 9:32 am

    Cb, What about voltas.. Its down 2.5% can i buy now for intraday?


  15. somashekar Says:
    August 3rd, 2016
    Posted at: 9:36 am

    Dear sir
    Why fall Bharat financial inclusion ltd


  16. zia Says:
    August 3rd, 2016
    Posted at: 9:59 am

    Cbsir Voltas will bounce back I think what u think what its supportlevel

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