Quotes with Resistance & Support
Market Information

Intraday calls for 08-08-12

Posted on: August 8th, 2012 at 8:25 am

Markets likely to open higher, next resistance at 5360, support at 5300

Buy Jindal steel above 410. Target: 422, sl 402 – (Book profit in Jindal steel at 418-419)

11.07am – Buy United Breweries holdings at 93.75, target: 98. Stoploss: 90 (1-2 day hold) – (Book profit in UB holding at 96.50)

12.18pm – Buy Hindustan Uniliver at 476.50, target: 485. Stoploss: 470 (1-2 day hold)

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671 Responses

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  1. avik Says:
    August 8th, 2012
    Posted at: 3:25 pm

    what level should i exit from nifty put tomorrow?

    is it possible to open a gap down tomorrow?


  2. VettanVL Says:
    August 8th, 2012
    Posted at: 3:25 pm

    Thankyou sir....


  3. SR Says:
    August 8th, 2012
    Posted at: 3:26 pm

    Hi Madhes, You may have bought it at higher premium due to sudden change in market sentiments.


  4. Rajesh Says:
    August 8th, 2012
    Posted at: 3:26 pm

    Hi CB Any chances of Bounce back of Bank of India. Any good news on this script


  5. jaikumar Says:
    August 8th, 2012
    Posted at: 3:26 pm

    hi cb.
    what your view on wheels india?


  6. Amit Says:
    August 8th, 2012
    Posted at: 3:27 pm

    HI CB,

    Can i Purchase Chambal Fertilisers and Chemicals as the result showing Q1 net up 21%
    ???
    Please suggest ...


  7. CA.Tejas Says:
    August 8th, 2012
    Posted at: 3:27 pm

    Hi avik, Can RIL be botught as BTST??


  8. pratap Says:
    August 8th, 2012
    Posted at: 3:28 pm

    sir BGR @287 can i hold or exit


  9. CB Says:
    August 8th, 2012
    Posted at: 3:28 pm

    Hi lonely, hold these for now. below 5330 can see 5290

    Hi avik, below 5330 can see 5290

    Hi VettanVL, most welcome

    Hi Rajesh, no, as of now not sure of any news on it

    Hi jaikumar, does look storng can see 800 in coming days.


  10. SR Says:
    August 8th, 2012
    Posted at: 3:28 pm

    Nifty support currently at 5324 ... If we break it, next support at 5280 and bearish below 5280.


  11. CA.Tejas Says:
    August 8th, 2012
    Posted at: 3:28 pm

    Can RIL be botught as BTST??


  12. Das Says:
    August 8th, 2012
    Posted at: 3:28 pm

    holding 5500CE @27. hold or sell?


  13. jaikumar Says:
    August 8th, 2012
    Posted at: 3:29 pm

    hi SR..
    Shall i buy 5200 put option on current level?


  14. CB Says:
    August 8th, 2012
    Posted at: 3:29 pm

    Hi Amit, no, its near resistance levels

    Hi pratap, its a hold for short term

    Hi Das, its a hold with sl at 5330


  15. GIREESH Says:
    August 8th, 2012
    Posted at: 3:29 pm

    Hi avik, DEAR AVIK , WAIT FOR 2-3 DAYS . WE CAN EXPECT 5280-5250 LEVELS


  16. CB Says:
    August 8th, 2012
    Posted at: 3:29 pm

    Hi CA.Tejas, not yet

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