Quotes with Resistance & Support
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Intraday calls for 08-07-13

Posted on: July 8th, 2013 at 8:28 am

Markets likely to open slightly lower. Support for nifty is at 5830 and resistance at 5910.

If markets show recovery later during the day, buy: Shree Renuka Sugars – (Book profit in Renuka sugars at 17.25)

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206 Responses

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  1. cvrprakash Says:
    July 8th, 2013
    Posted at: 8:31 am

    Dear CB,

    GM, Have a great day.

    Please suggest on Infosys. Can I enter 2500 CA today near 120 levels.
    WIth that can I sell 2700 CA also? So to reduce my risk. Please suggest.


  2. Venky Says:
    July 8th, 2013
    Posted at: 8:34 am

    Hi Sir
    If idfc opens gap down can i short it?


  3. CB Says:
    July 8th, 2013
    Posted at: 8:35 am

    Hi cvrprakash, Good morning. not sure if this will result in good profit.

    Hi Venky, not yet. has good support near 125.


  4. j k nambiar Says:
    July 8th, 2013
    Posted at: 8:35 am

    good morning and happy trading to all here.


  5. Karan Sharma Says:
    July 8th, 2013
    Posted at: 8:36 am

    Hi Cb,

    Can i sell IDEA (Futures) @ CMP?


  6. ruchit Says:
    July 8th, 2013
    Posted at: 8:37 am

    Good Morning!
    market will open at lower level, which stock is good to buy for intraday from following?
    indusind bank, hcl tech, relinfra


  7. PKP Says:
    July 8th, 2013
    Posted at: 8:38 am

    Sir LT 1450 ce is a hold?


  8. CB Says:
    July 8th, 2013
    Posted at: 8:39 am

    Hi j k nambiar, Good morning. you too have a good day

    Hi Karan Sharma, not yet. has good support at 134-135

    Hi ruchit, Good morning. can add renuka on dips. relinfra is a good buy above 370. hcl can be added on dips too

    Hi PKP, yes, its a hold.


  9. ruchit Says:
    July 8th, 2013
    Posted at: 8:41 am

    Thanks!


  10. CB Says:
    July 8th, 2013
    Posted at: 8:41 am

    Hi ruchit, most welcome.


  11. cvrprakash Says:
    July 8th, 2013
    Posted at: 8:45 am

    Dear CB,

    May be you can leave the option strategy.
    Please share me your view on Infy, can I enter this in cash for 2500.
    Below when it looks week, so I close my position below that.
    Thanks.


  12. CB Says:
    July 8th, 2013
    Posted at: 8:46 am

    Hi cvrprakash, it has its results this week. best to wait till they are out. could show a sharp move on either ways depending on it. technically has strong resistance at 2500


  13. van Says:
    July 8th, 2013
    Posted at: 8:50 am

    goodmorning cb, whats the target of LUPIN & RCAP for today?


  14. CB Says:
    July 8th, 2013
    Posted at: 8:50 am

    Hi van, Good morning. lupin is a short term play. can test 860.relcap may open a bit lower with markets.


  15. Vinit Says:
    July 8th, 2013
    Posted at: 8:52 am

    CB Sir good morning. Your view on GAIL and tata motors?

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