Quotes with Resistance & Support
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Intraday calls for 08-08-11

Posted on: August 8th, 2011 at 8:26 am

Markets likely to see a gap down opening. support for nifty is at 5100.

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380 Responses

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  1. arun bj Says:
    August 8th, 2011
    Posted at: 9:58 pm

    cb good eveningu. . Dow jones have strong support . At 10600. . Bears are . Pushing . Dow towards . . 10600


  2. Kartik Says:
    August 8th, 2011
    Posted at: 10:04 pm

    Hi abhishek, Wockhardt above 455 can do well in the Short run, avoid Shorting tomorrow

    Hi palanivel, enter a PUT in options to cover some your losses, a PUT's price will go up when the stock goes down

    Hi Sohan, as of now it seems we may open lower

    Hi GINKLE, seems might open lower around 201

    Hi Aman, the stock has rallied from 20rs in 2006 to 700+ rs in 210, has been seeing profit booking since then (2010), dont make fresh entries in it yet

    Hi Kb, Ge, thanks


  3. abhishek Says:
    August 8th, 2011
    Posted at: 10:24 pm

  4. sheeja Says:
    August 8th, 2011
    Posted at: 10:34 pm

    Kartik,

    Shorted BGR @ 360 on Friday.
    Today covered helf @ 345. Can you suggest me any range that I can look to cover the other half? What should be the SL for this? Thanks.


  5. palanivel Says:
    August 8th, 2011
    Posted at: 10:34 pm

    THANKS KARTIK SIR.


  6. sheeja Says:
    August 8th, 2011
    Posted at: 10:46 pm

    Kartik,

    Tomorrow if I can enter Nifty long @ what point I can enter and what's the SL.
    Seeing the chart our market looks extremely oversold and a short pull is a must before correcting further, if required. So please suggest me a good level. Thanks.


  7. arun bj Says:
    August 8th, 2011
    Posted at: 10:48 pm

    cb what is the support for icici bank . . Can i enter 1000 call . . What is the resistance .


  8. airbites Says:
    August 8th, 2011
    Posted at: 11:45 pm

    Hi arun bj,

    Can u recommend site for watching live future prices (US/Eur Markets)


  9. Kartik Says:
    August 8th, 2011
    Posted at: 11:55 pm

    Hi airbites, you can get it on bloomberg.com

    Hi arun bj, below 1000 it looks weak, dont enter it yet

    Hi sheeja, yes, a small bounce is expected, you can enter a CE at lower levels tomorrow, keep a SL at 4950, book in BGR around 340 tomorrow


  10. Kartik Says:
    August 8th, 2011
    Posted at: 11:56 pm

    Hi palanivel, most welcome


  11. Lalith Says:
    August 9th, 2011
    Posted at: 1:47 am

    Hi airbites, http://liveworldmarket.blogspot.com/
    hope this helps !!


  12. arun bj Says:
    August 9th, 2011
    Posted at: 5:16 am

    hi airbites sorry ya i slept that time .....

    here you can check live prices of us market
    below the links for US market

    http://money.cnn.com/data/us_markets/

    http://finance.yahoo.com/

    http://www.nasdaq.com/

    http://www.bloomberg.com/apps/quote?ticker=SPX:IND


  13. palanivel Says:
    August 9th, 2011
    Posted at: 8:23 am

    HI CB SIR,GE.HOW REACT TODAY INDIAN MARKET ?


  14. palanivel Says:
    August 9th, 2011
    Posted at: 8:24 am

    ASIAN MARKET VERY HUGE DOWN CB SIR? NIFTY OPEN OPEN LEVEL 4850 LEVEL CB SIR?


  15. Kartik Says:
    August 9th, 2011
    Posted at: 8:31 am

    Hi palanivel, likely to open lower, around 4950

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