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.

If markets show recovery later during the day, buy: Siemens.

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380 Responses

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  1. Raj Gupta Says:
    August 8th, 2011
    Posted at: 9:03 am

    CB Sir, i m in big problem, i am holding 5500 CALL at 60 Rs , Please suggest can i hold it if it can recover in 2-3 days...as this time its value may be 14- 15 rs..
    Please suggest sir..


  2. CB Says:
    August 8th, 2011
    Posted at: 9:04 am

    Hi Raj Gupta, guess will need to hold it now. will need to wait for some bounce to exit it.


  3. arun bj Says:
    August 8th, 2011
    Posted at: 9:04 am

    cbb nifty shows 140 points dips .. .


  4. CB Says:
    August 8th, 2011
    Posted at: 9:04 am

    Hi arun bj, yes.


  5. JR Says:
    August 8th, 2011
    Posted at: 9:05 am

    CB sir..should i buy ITC future for intraday...please suggest entry point SL and Trgt


  6. AJ Says:
    August 8th, 2011
    Posted at: 9:05 am

    Can i enter SESA GOA for intraday?


  7. CB Says:
    August 8th, 2011
    Posted at: 9:05 am

    Hi JR, no, if breaks 194, could fall further.


  8. CB Says:
    August 8th, 2011
    Posted at: 9:05 am

    Hi AJ, no, looks weak.


  9. SS Says:
    August 8th, 2011
    Posted at: 9:06 am

    Hi CB,
    Good Morning, Any hope from Wipro and Power finance ?


  10. CB Says:
    August 8th, 2011
    Posted at: 9:07 am

    Hi SS, Good morning. as of now no. they will start to recover once nifty does. as of now seems may remain a bit flat/ weak


  11. viji Says:
    August 8th, 2011
    Posted at: 9:07 am

    Morning c.b,
    Nifty is 146 pts dwn,what will be the nex support?


  12. Vishal Says:
    August 8th, 2011
    Posted at: 9:07 am

    Hi CB, If Infy opens around 2500 can i short it for intraday in cash ?


  13. AJ Says:
    August 8th, 2011
    Posted at: 9:08 am

    Hows CAN BK for intraday?


  14. cvrprakash Says:
    August 8th, 2011
    Posted at: 9:08 am

    CB,

    @ what price you suggest to enter ITC.
    For long term only.


  15. CB Says:
    August 8th, 2011
    Posted at: 9:08 am

    Hi viji, Good morning. has some support at 5100. if manages to trade above it for some time, possible see some recovery

    Hi Vishal, yes.


  16. CB Says:
    August 8th, 2011
    Posted at: 9:09 am

    Hi AJ, looks a bit weak. dont enter it yet

    Hi cvrprakash, enter on dips near 180-184.

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