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. Micky Says:
    August 7th, 2011
    Posted at: 9:13 pm

  2. prabu Says:
    August 7th, 2011
    Posted at: 9:41 pm

    HI CB,
    CHECK BLOOMERG NEWS AND MONEYCONTROL ALSO


  3. prabu Says:
    August 7th, 2011
    Posted at: 9:42 pm

    Equity markets' likely reaction was indicated by a drop of more than six percent on Sunday in Tel Aviv stocks, one of the first to open globally after S&P on Friday cut the U.S. long-term credit rating by a notch to AA-plus from AAA.


  4. CB Says:
    August 7th, 2011
    Posted at: 9:54 pm

    Hi Micky, :)

    Hi prabu, yes, its the effect of news of US downgrade and local protests. as of now seems Indian markets too may open lower


  5. prabu Says:
    August 7th, 2011
    Posted at: 9:59 pm

    HOW MUCH POSSIBLE CB SIR IS IT MORE THAN 3%


  6. himanshu Says:
    August 7th, 2011
    Posted at: 10:29 pm

    hey cb
    An analasyst told me dat nifty has strong support @ 5088 on closing basis
    If it breaks then nifty will settle around 4800 and if it resist above that then we can see an upmove near 5400
    can it b true?


  7. Pradeep Says:
    August 7th, 2011
    Posted at: 10:34 pm

    Hi CB, Dear, could you pls translate this statement in terms of when one should buy this stock for minimum holding period and still be eligible for dividend.
    "Tata Motors Limited has informed the Exchange that the Board of Directors at their Board Meeting held on May 26, 2011 fixed the Book Closure for the purpose of payment of the dividend for the financial year ended March 31, 2011, from July 21, 2011 to August 12, 2011"


  8. CB Says:
    August 7th, 2011
    Posted at: 10:34 pm

    Hi prabu, not sure of 3% yet. may open 40-50 points lower

    Hi himanshu, it has support at 5170 (closing basis) . below this strong support comes in at 4750-4800


  9. CB Says:
    August 7th, 2011
    Posted at: 10:35 pm

    Hi Pradeep, you will need to hold it till the record date.


  10. Pradeep Says:
    August 7th, 2011
    Posted at: 10:37 pm

    Hi CB, dear, which one of these is it's record data?

    "Tata Motors Limited has informed the Exchange that the Board of Directors at their Board Meeting held on May 26, 2011 fixed the Book Closure for the purpose of payment of the dividend for the financial year ended March 31, 2011, from July 21, 2011 to August 12, 2011"


  11. CB Says:
    August 8th, 2011
    Posted at: 12:32 am

    Hi Pradeep, its not mentioned here. I don't any news before august 1st on this stock so not sure what was the record date fixed at


  12. MBA tejas gupta Says:
    August 8th, 2011
    Posted at: 8:06 am

    Nifty will take small bounce back from hear after maximum till 5320 after that will further down and can see 4060 in the week time period ....


  13. MBA tejas gupta Says:
    August 8th, 2011
    Posted at: 8:09 am

    sorry read 5060 instead of 4060 . it was by mistake i typed


  14. MBA tejas gupta Says:
    August 8th, 2011
    Posted at: 8:33 am

    Hi CB, SGX NIFTY DOWN 110 POINTS TO..AT 5110 NF..FROM LAST CLOSE OF 5220 NF...AFTER S&P DOWNGRADE USA..FROM AAA--TO---AA.

    SO GET READY FOR GAP DOWN OPENING ONCE AGAIN TODAY AFTER WEAK FRIDAY.

    COUNTRIES WHICH CAN BE EFFECTED AFTER AMERICAN DOWNGRADE WHICH HAS INVESTED HEAVY IN AMERICAN DEBT INSTRUMENTS .
    CHINA INVESMENT OF $1150 BILLION TOPS LIST, FOLLOWED BY JAPAN $912 BILLION,UK$346 BLN,BRAZIL $211 BLN, TIWAN$153 BLN, HK $122 BLN, RUSSIA $112 BLN, SWITZ $106 BLN, CANADA $91 BLN, GERMANY $61 BLN,THIALAND $60 BLN,SINGAPOR $57 BLN AND INDIA $41BLN( which is 1 lac 83 k cr as per indian currency )...SO WITH DOWNGRADE INVESTMENTS MADE FROM THESE COUNTRIES CAN BE EFFECTED KEEP EYE ON THEM....WATCH


  15. CB Says:
    August 8th, 2011
    Posted at: 8:35 am

    Hi MBA tejas gupta, Good morning.. thanks for the update.

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