Quotes with Resistance & Support
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Intraday calls for 05-08-10

Posted on: August 5th, 2010 at 8:21 am

Markets likely to see a flat opening. Resistance for nifty is at 5485 and support at 5390.

Buy Automotive Stampings & Assemblies Ltd at 106.70, target: 112. Stoploss: 103.

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551 Responses

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  1. Abhishek Says:
    August 5th, 2010
    Posted at: 8:33 am

    cb can i enter into its one lot at opening for intraday..?
    pls suggest?


  2. CB Says:
    August 5th, 2010
    Posted at: 8:34 am

    Hi Abhishek, if it trades below 183, don't enter it.


  3. Dhana Says:
    August 5th, 2010
    Posted at: 8:34 am

    Thanks CB..

    Also i am holding Hindalco 140 PA @ .85 what should i do with this


  4. karthik Says:
    August 5th, 2010
    Posted at: 8:34 am

    Hi CB, wat abt icici bank. i bot 900 put option. is it a hold or shall i square off


  5. dak Says:
    August 5th, 2010
    Posted at: 8:37 am

    Good morning CB - how is dena bank for today ?


  6. Abhishek Says:
    August 5th, 2010
    Posted at: 8:37 am

    ok cb..but yesterday the close was at 187.50 for fut..
    so will there be a gap down opening u mean to say?
    pls suggest me and advice what do u mean to say? can i enter it at opening price for intraday pure..?.


  7. CB Says:
    August 5th, 2010
    Posted at: 8:37 am

    Hi Dhana, hold it with sl at 168

    Hi karthik, would advice to exit on dips for now. looks a bit strong

    Hi Vishal, Good morning. yes, will be posting one shortly.


  8. Dhana Says:
    August 5th, 2010
    Posted at: 8:37 am

    Hi CB,

    Nikkei is around 1.5% up but hangseng is coming down from +90 to +24.
    Any idea on our Nifty opening?


  9. CB Says:
    August 5th, 2010
    Posted at: 8:38 am

    Hi dak, Good morning. can test 104.


  10. CB Says:
    August 5th, 2010
    Posted at: 8:39 am

    Hi Abhishek, lets see where it opens. stocks usually turn volatile after results. if open flat and trades near 187 for some time, one can make a fresh entry

    Hi Dhana, likely to open 5-10 points higher.


  11. fathima Says:
    August 5th, 2010
    Posted at: 8:39 am

    hi karthik. would you recommend to buy punjlloyd at 121.


  12. Abhishek Says:
    August 5th, 2010
    Posted at: 8:40 am

    ok cb thanks a lot...also in that case at what price shall i exit it in intraday pls?
    also is there any other script known to u for intraday in fut?


  13. Laltu Says:
    August 5th, 2010
    Posted at: 8:41 am

    GOOD MORNING CB

    THINKSOFT 1/2 MONTH TGT?


  14. CB Says:
    August 5th, 2010
    Posted at: 8:41 am

    Hi fathima, no, dont enter it yet

    Hi Abhishek, no other call yet. can see 191.


  15. CB Says:
    August 5th, 2010
    Posted at: 8:42 am

    Hi Laltu, Good morning. if holds onto 138, can see 160


  16. Abhishek Says:
    August 5th, 2010
    Posted at: 8:42 am

    ok cb thanks a lot...

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