Quotes with Resistance & Support
Market Information

Intraday calls for 08-08-13

Posted on: August 8th, 2013 at 8:05 am

Markets likely to open flat, next strong support at 5490

Buy Reliance Industries around 873, target: 885, SL 864

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134 Responses

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  1. vinny Says:
    August 8th, 2013
    Posted at: 3:58 pm

    Hi Brajesh, very low chance of reversal, lets see on monday.


  2. raj Says:
    August 8th, 2013
    Posted at: 5:45 pm

    CB sir, GE.

    How r u?

    Please tell me nifty +45 and call not move as much reason?
    if nifty future open 5600 on monday than what about call monvement
    please advice.
    thanks in advance.


  3. WELL PLAN Says:
    August 8th, 2013
    Posted at: 6:25 pm

    HI CB GE,

    NIFTY FUTURE CLOSE ABOVE 5580 GOOD SIGN FOR LONG PLAYER &

    CHINA TRADE DATA BEAT FORECAST AFTER SIX MONTH SLOW DOWN.

    RANBAXY WAS UP BECAUSE OF HUGE FUND BUYING POSSIBLE

    BUY BACK ANNOUNCEMENT ON MONDAY


  4. WELL PLAN Says:
    August 8th, 2013
    Posted at: 6:32 pm

    HI CB ,

    NOWADAYS HUGE BUYING IN SIGNAL STOCK ON

    YESTERDAY 25 LACS BUYING OF TATA STEEL & TODAY RANBAXY.


  5. Kartik Says:
    August 8th, 2013
    Posted at: 6:50 pm

    sorry guys, just came back

    Hi raj, Ge, fine, hope you too doing well, Yes, seems a bounce of another 30-40 pts ahead in Nifty

    Hi Arun, here's a good guide to start with : nseguide.com/beginners-guide-to-stock-markets/

    Hi WELL PLAN, Good evening, thanks for sharting your views


  6. sankar Says:
    August 8th, 2013
    Posted at: 8:31 pm

    Bgt yes bk @ 287.3. will it move up in 1 or 2 days


  7. Kartik Says:
    August 8th, 2013
    Posted at: 8:37 pm

    Hi sankar, hold it with a SL at 280, it can give a short covering rally upto 295


  8. Manish Says:
    August 8th, 2013
    Posted at: 8:45 pm

    brought hdfc today any trget


  9. pankaj Says:
    August 8th, 2013
    Posted at: 9:19 pm

    hi kartik
    can market touch 5350 in next week?
    what u view in sbi? which level i buy sbi for 5/6 month?


  10. sankar Says:
    August 8th, 2013
    Posted at: 9:50 pm

    Thanks Kartik


  11. Kartik Says:
    August 8th, 2013
    Posted at: 9:54 pm

    Hi Manish, hold it for a target of 762 in 1-2 days time

    Hi pankaj, we are likely to see some short covering in the next few days, a small bounce of around 30-40 pts, entering SBI can be risky bet for Short term at current levels as its prices seem to be in a downtrend with the markets

    Hi sankar, most welcome


  12. pankaj Says:
    August 8th, 2013
    Posted at: 11:16 pm

    can i buy sbi around 1500/1525?
    this price is good for5-6 month investment?yes/no say me


  13. CB Says:
    August 9th, 2013
    Posted at: 1:48 am

    Hi pankaj, can add few at cmp for short term. has good support near 1600. can look to add more if it dips further in near term.


  14. CA.Tejas Says:
    August 9th, 2013
    Posted at: 8:47 am

    Hi CB, Hello Gud Morning to ALL,

    EID Mubarak to ALL,

    CB - Yesterday I pur Reliance Infra 40 shares @ 336, SPice jet 500 @ 26.30 and RCOM 35 shares @ 126.70... what should I do??

    FYI - Current status profit in REL INFRA and loss in SPICEJET & RCOM..


  15. pankaj Says:
    August 9th, 2013
    Posted at: 10:34 am

    hi cb sir
    can i buy kotak & axis bank at this level?
    what target in bank nifty for 2/3 month


  16. Kartik Says:
    August 9th, 2013
    Posted at: 10:54 am

    Hi pankaj, banking stocks look weak overall, would be better to wait for sometime for their prices to settle

    Hi CA.Tejas, Gm, Happy Eid to you too, Markets can add some more gains in the next few days, try to exit from these on rise ahead (some shortcovering ahead)

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