Quotes with Resistance & Support
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Intraday calls for 07-08-12

Posted on: August 7th, 2012 at 8:32 am

Markets likely to open flat. Resistance for nifty is at 5300 and support at 5250.

Buy PFC above 182, target: 187. Stoploss: 178.50 – (Book profits in PFC at 185.50-186)

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607 Responses

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  1. Kb Tarder Says:
    August 7th, 2012
    Posted at: 1:33 pm

    Hi CB, Good afternoon..


  2. CB Says:
    August 7th, 2012
    Posted at: 1:33 pm

    Hi ARCHANAA, no, not yet. near strong resistance levels

    Hi shail410, dish can see 76. not sure of rcom yet.


  3. Vinay Says:
    August 7th, 2012
    Posted at: 1:33 pm

    what about relcapital for intraday??it crossed 360..can i short it for intraday or wl go further higher?


  4. imran khan Says:
    August 7th, 2012
    Posted at: 1:34 pm

    Hi CB, Good afternoon CB :) i am holding put 5200 @ 32, lets see what happens


  5. CB Says:
    August 7th, 2012
    Posted at: 1:34 pm

    Hi Anne, ok. wipro does look weak. has resistance at 352. hold for now

    Hi Vinay, no, don't go short on it yet.


  6. SR Says:
    August 7th, 2012
    Posted at: 1:34 pm

    Hi imran khan, Hold put for now. Dont enter call as yet.


  7. CB Says:
    August 7th, 2012
    Posted at: 1:34 pm

    Hi imran khan, ok. some profit booking could come in 1-2 days.


  8. Sunil Says:
    August 7th, 2012
    Posted at: 1:34 pm

    Hi imran khan, Market may grinding 5300-5380, shorting is prohibited, go long r stay away, Yesterday i take short position in 5300 ce&pe @ 80 each


  9. imran khan Says:
    August 7th, 2012
    Posted at: 1:35 pm

    Hi Kb Tarder, what your bearish? hope your targets reach and i will also book profits in put options


  10. aasita Says:
    August 7th, 2012
    Posted at: 1:35 pm

    Hi CB, Any other call for intra today? And lovable and PFC still hold?


  11. nikhil Says:
    August 7th, 2012
    Posted at: 1:35 pm

    what levels can TATA MOTORS see in two -three days


  12. CB Says:
    August 7th, 2012
    Posted at: 1:37 pm

    Hi aasita, nothing new yet. yes, hold lovable and pfc for now

    Hi nikhil, can test 244


  13. imran khan Says:
    August 7th, 2012
    Posted at: 1:37 pm

    Hi SR, Hi CB,


    Thanks my mentors :) i will hold for now, without your guidance i will do wrong trades, i tried to wait for you to come, but i am sometimes addicted to trade.


  14. Rohitc Says:
    August 7th, 2012
    Posted at: 1:38 pm

    Hi CB..Continue holding PFC?


  15. CB Says:
    August 7th, 2012
    Posted at: 1:38 pm

    Hi imran khan, most welcome.


  16. CB Says:
    August 7th, 2012
    Posted at: 1:38 pm

    Hi Rohitc, yes.

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