Quotes with Resistance & Support
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Intraday calls for 06-08-13

Posted on: August 6th, 2013 at 8:27 am

Markets likely to open lower. Support for nifty is at 5650.

If markets show recovery later during the day, buy: Biocon

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208 Responses

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Comment pages: 67891011121314Show all

  1. CB Says:
    August 6th, 2013
    Posted at: 4:40 pm

    Hi cvrprakash, yes, has been quite weak. best to avoid adding more for now

    Hi ahmed ali, Good evening. ok, these are a hold with sl at 5500 on nifty (spot) for now. strong support here. posssible see some bounce soon


  2. Ravi Says:
    August 6th, 2013
    Posted at: 4:50 pm

    HI CB,at what lvl should i add sintex & unitech


  3. CB Says:
    August 6th, 2013
    Posted at: 4:51 pm

    Hi Ravi, these are going weak. best to wait for some more time till they stop falling and form a base.


  4. mayank Says:
    August 6th, 2013
    Posted at: 5:21 pm

    OI changed from 5700 to 5400...so surely u ll see 5400 this week then probably a bounce can be seen in nifty till 5700


  5. cvrprakash Says:
    August 6th, 2013
    Posted at: 6:02 pm

    Dear CB,

    Please share your view on
    Gujarat State Fertilizers & Chemicals Ltd.
    Are you seeing a base formation on this now? I am wiling to enter if there is decent upside on this with limited downside risk. Please share your expert view on this. Thanks.


  6. Kartik Says:
    August 6th, 2013
    Posted at: 6:55 pm

    Hi cvrprakash, it looks weak overall, 50 acts as its strong support, wait for a cuple o weeks to see if it settles


  7. MARIE Says:
    August 6th, 2013
    Posted at: 7:07 pm

    hi cb g, today i bought 1 lot idea 165 ce at 6 , what level booking profit g. Ubl now 727 my price 810 sugestion g


  8. Digant Says:
    August 6th, 2013
    Posted at: 7:22 pm

    Dear CB Sir,
    Thanks for your valuable insights.
    What's your call on BHEL? Can I enter at current Levels? How about Bharti?


  9. Digant Says:
    August 6th, 2013
    Posted at: 7:24 pm

    Dear Kartik Sir,
    Gud Evening. What's your call on BHEL? Can I enter at current Levels? How about Bharti? Technically.


  10. Kartik Says:
    August 6th, 2013
    Posted at: 7:46 pm

    Hi MARIE, hold Idea with a SL at 152 for a target of 165 in 2-3 days time, if possible hold UBL for Short term, it may take some time to recover

    Hi Digant, they look weak with the Markets, would be better to avoid the mfor a while


  11. prashanth 1980 Says:
    August 6th, 2013
    Posted at: 7:50 pm

    tomorrow can we expect green? and can banking space recover ?


  12. Dathha Says:
    August 6th, 2013
    Posted at: 8:06 pm

    Dear CB/kartik, why does contraact price rise during short covering??? if many are shorting then open interest should increase rite?? but y it decreases...?
    pls explain in your own words sir...no links please


  13. SaiPalanivel Says:
    August 6th, 2013
    Posted at: 8:44 pm

    HI KARTIK/CB SIR,GE.NIFTY OPEN LOWER TOMORROW US MARKETS TRADE RED ZONE


  14. manju Says:
    August 6th, 2013
    Posted at: 8:57 pm

    Gud Evening CB and Kartik Sir,
    Thanx for the acknowledgement. I am still very bearish on markets.If there is a bounce from 5550 what are the targets? My veiw is that 5477 is strong support,fall from that nifty may see 5100 also!


  15. pankaj Says:
    August 6th, 2013
    Posted at: 9:54 pm

    can nifty bounce tomorrow?
    which target tomorrow in nifty& bank nifty with sl pls.


  16. WELL PLAN Says:
    August 6th, 2013
    Posted at: 9:58 pm

    HI DEAR KARTIK ,

    YESTERDAY GIVE SELL ON HIGHER SIDE FOR

    TECH MAHENDRA SL 1320 TG. BELOW 1245 ACHIEVED

    & RELIANCE SELL SL 890 TG.839 BOTH ACHIEVED.

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