Quotes with Resistance & Support
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Intraday calls for 08-01-16

Posted on: January 8th, 2016 at 8:29 am

Markets likely to open slightly higher. Support for Nifty is at 7550 (closing basis) and resistance at 7720. Bank Nifty has support at 15700.

Buy Balrampur Chini at 75.5, target: 79. Stoploss: 73 – (Book profit in Balrampur Chini at 80)

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144 Responses

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  1. CB Says:
    January 8th, 2016
    Posted at: 9:05 am

    Hi rajasekar, yes. selling pressure is likely to resume on rise

    Hi AJ, has resistance at 375. not sure of it yet.


  2. senthilkumar Says:
    January 8th, 2016
    Posted at: 9:05 am

    THANK YOU MR CB


  3. CB Says:
    January 8th, 2016
    Posted at: 9:06 am

    Hi senthilkumar, most welcome.


  4. Devendra Says:
    January 8th, 2016
    Posted at: 9:07 am

    How about the Reliance Industries ? Is it a buy Call/Put.. Please suggest with Reliance..


  5. rajasekar Says:
    January 8th, 2016
    Posted at: 9:07 am

    Hi CB, sir, If u suggest can i enter today Nifty CE for Intraday of 7650 & 7700ce

    Pl advice


  6. CB Says:
    January 8th, 2016
    Posted at: 9:08 am

    Hi Devendra, it does look strong. can test 1030-1040 in coming days

    Hi rajasekar, no, not yet.


  7. babu Says:
    January 8th, 2016
    Posted at: 9:09 am

    Greetings Sir,
    please throw light on dcb bank and shemaroo entertainment


  8. CB Says:
    January 8th, 2016
    Posted at: 9:09 am

    Hi babu, Good morning. dcb is looking weak. avoid for now. shemaroo can test 320-325 in coming days.


  9. Raja Says:
    January 8th, 2016
    Posted at: 9:10 am

    Hi CB SIr,

    Holding Century Tex 640 CE @ 10.50, Now it is 4.00.
    Can I hold or Exit ?

    Thanks,
    Raja


  10. ezhil Says:
    January 8th, 2016
    Posted at: 9:12 am

    Hi target for ashok Leyland please.


  11. priti Says:
    January 8th, 2016
    Posted at: 9:13 am

    Good Morning Sir,
    Bought Engineers India Jan 250CE @ 2.5.
    Do I exit from it at current levels or do you see any bounce back?


  12. CB Says:
    January 8th, 2016
    Posted at: 9:15 am

    Hi Raja, try and exit on rise near 580 for now

    Hi ezhil, can test 93

    Hi priti, Good morning. it has support at 220 levels. hold for now. can see some bounce


  13. AJ Says:
    January 8th, 2016
    Posted at: 9:22 am

    SKS went up to 531 and now @ 525...enter now?


  14. CB Says:
    January 8th, 2016
    Posted at: 9:22 am

    Hi AJ, can add in small quantity


  15. Rahul Nair Says:
    January 8th, 2016
    Posted at: 9:22 am

    Suggestions for Bajaj Hind?


  16. CB Says:
    January 8th, 2016
    Posted at: 9:23 am

    Hi Rahul Nair, its a hold for short term. can test 22-23.

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