Quotes with Resistance & Support
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Intraday calls for 05-08-11

Posted on: August 5th, 2011 at 8:21 am

Markets likely to open lower, strong support at 5180

Buy BPCL on dips – (book profit at 708)

12.25am – buy aditya birla nuvo at 938, target: 952. Stoploss: 924 (trade in small quantity) – SL Triggered

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495 Responses

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  1. krishh Says:
    August 7th, 2011
    Posted at: 2:41 pm

    hi good morning


  2. krishh Says:
    August 7th, 2011
    Posted at: 2:45 pm

    i want to buy new stock pl sugest me kartik


  3. CB Says:
    August 7th, 2011
    Posted at: 4:11 pm

    Hi arun bj, its a market mover. will need to hold it longer as markets are going weak

    Hi Sohan, Good afternoon. markets may open a bit lower. possible see some recovery later during the day. gvk can add 3-5%

    Hi desikan, they may continue to remain weak it seems

    Hi krishh, Good afternoon. buy some of LT on dips.


  4. gayaram Says:
    August 7th, 2011
    Posted at: 5:24 pm

    Hi CB, GE. Have a pleasant evening. How is yr weekend going. Holding 4900 PE. Shall i get out on negative opening and reenter later. How about JSW Steel on tomorrows intraday long.


  5. Micky Says:
    August 7th, 2011
    Posted at: 5:56 pm

  6. Micky Says:
    August 7th, 2011
    Posted at: 6:08 pm

  7. Micky Says:
    August 7th, 2011
    Posted at: 6:10 pm

    also suggest me about reliance infra and vip to go long ?


  8. CB Says:
    August 7th, 2011
    Posted at: 6:43 pm

    Hi gayaram, going good. hope you too are having a pleasant one. as of now seems markets could recover a bit after the negative opening. jsw can see 712

    Hi Micky, Happy friendships day. these 3 are looking weak. don't enter them yet. rel infra looks weak. vip can be bought with sl at 750


  9. desikan Says:
    August 7th, 2011
    Posted at: 7:25 pm

    CB thanks foryour comments on IT scrips prospects tomorrow.

    I also have Nifty puts like gayaram as per above message, only difference is that I have 4800PE. Shall I do the same strategy as he has mentioned --square off on negative opening and reenter later or do you expect longer Nifty downfall tomorrow?
    Thanks


  10. AJ Says:
    August 7th, 2011
    Posted at: 8:01 pm

    CB,
    ARSS announced div in April. I haven't recieved it.
    How and where should I enquire?


  11. himanshu Says:
    August 7th, 2011
    Posted at: 8:06 pm

    hey
    Good evening
    Happy friendships day


  12. himanshu Says:
    August 7th, 2011
    Posted at: 8:11 pm

    can v go short on bpcl?
    Also suggest abt reliance capital.. What will b its trading range?
    What will b its sl levels on upper and downside??


  13. Micky Says:
    August 7th, 2011
    Posted at: 8:31 pm

  14. prabu Says:
    August 7th, 2011
    Posted at: 8:43 pm

    CB ISREL INDEX IS DOWN MORE THAN 10%.HOW WILL REACT OUR MARKET TOMORROW CB


  15. kunjan Says:
    August 7th, 2011
    Posted at: 9:01 pm

    I heard that weakness in USA ,Crude and all is good for India as inflation will come down...What u think?


  16. CB Says:
    August 7th, 2011
    Posted at: 9:11 pm

    Hi desikan, yes, exit it if nifty crosses 5225 or on dips near 5170

    Hi AJ, try contacting your broker.

    Hi himanshu, Good evening.. wish you the same. . don't short omc's yet. likely to do well as crude prices are falling. relcap looks a bit weak

    Hi Micky, one can enter it. can add 8-10rs

    Hi prabu, not really sure whats the news there. as of now seems we will open a bit lower.

    Hi kunjan, yes. lower crude prices will help reduce inflation

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