Quotes with Resistance & Support
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Intraday calls for 05-09-14

Posted on: September 5th, 2014 at 8:27 am

Markets likely to open flat. Resistance for Nifty is at 8150 and support at 7950.

Buy Indusind Bank at 609, target: 618. Stoploss: 601. – (Continue to hold Indusind Bank for BTST)

Thought for the day: A market is the combined behavior of thousands of people responding to information, misinformation and whim. – Kenneth Chang

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435 Responses

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  1. SP Says:
    September 7th, 2014
    Posted at: 1:00 pm

    Hi CB sir,
    I'm stuck with 500 shares of Renuka Sugar @ 21.00 and 300 shares of Kilitch drugs @ 30.50.

    Do you see any benefit in holding these, or shall I sell with loss and try to recover by investing in sthng else?


  2. CB Says:
    September 7th, 2014
    Posted at: 2:33 pm

    Hi SP, Yes, will need to hold onto it for short term. don't add more of these yet.

    Hi rajath, can add 10-15rs tomorrow.


  3. suresh M Says:
    September 7th, 2014
    Posted at: 2:54 pm

    hi cb,will nifty see 4-5%corrections in coming days?please suggest.


  4. Surya Says:
    September 7th, 2014
    Posted at: 4:08 pm

    @ All : Eight Sensex blue-chips add Rs 52,277 cr in market valuation

    Read more at:
    http://economictimes.indiatimes.com/articleshow/41931324.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst


  5. Raushan Says:
    September 7th, 2014
    Posted at: 4:09 pm

    cb sir holding Liberty shoe from last 10 -12days but it not able to cross 323
    should i book only 2%profit or hold for 340- 350 tgt in this Sep series ?


  6. Navin K Chotalia Says:
    September 7th, 2014
    Posted at: 4:43 pm

    Sir, Can NIFTY TEST 8295 in sept expiry ?


  7. raj Says:
    September 7th, 2014
    Posted at: 5:09 pm

    Dear CB sir, wat is the likely trend for Petronet LNG this week. Any suggested tgt.


  8. CB Says:
    September 7th, 2014
    Posted at: 6:10 pm

    Hi raj, it can test 195 if markets remain positive

    Hi Navin K Chotalia, not sure of 8300 yet..can test 8200 levels

    Hi Raushan, not yet. its a hold for now. does look good

    Hi Surya, thanks for sharing this info

    Hi suresh M, yes, can expect some profit booking in coming days.


  9. SP Says:
    September 7th, 2014
    Posted at: 6:55 pm

    Hi CB Sir,
    Can I enter Ybrant digital at the current price?


  10. CB Says:
    September 7th, 2014
    Posted at: 6:57 pm

    Hi SP, no, already rallied quite a bit.


  11. SP Says:
    September 7th, 2014
    Posted at: 7:04 pm

    Thanks CB Sir.


  12. suresh M Says:
    September 7th, 2014
    Posted at: 7:05 pm

    thanks CB


  13. suresh M Says:
    September 7th, 2014
    Posted at: 7:37 pm

    hi Cb can we enter in gabriel india tomorrow for short term?


  14. CB Says:
    September 7th, 2014
    Posted at: 7:54 pm

    Hi suresh M, most welcome. no, dont enter it now. already rallied quite a bit.

    Hi SP, most welcome.


  15. suresh M Says:
    September 7th, 2014
    Posted at: 8:07 pm

    thanks cb,How about BEML,HDIL for intraday?


  16. Mage Says:
    September 7th, 2014
    Posted at: 8:24 pm

    Hi cb, what is the view on Arvind mills, is it a hold
    For 3 months time or good to book profit?

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