Quotes with Resistance & Support
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Intraday calls for 08-08-14

Posted on: August 8th, 2014 at 8:31 am

Markets likely to open gap down. Support for nifty is at 7610.

Sell REC below 298, target: 288. Stoploss: 304 – (Book profit in REC ltd at 289.80)

Thought for the day: A single sunbeam is enough to drive away many shadows -St. Francis of Assisi

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395 Responses

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  1. g.govindarajan Says:
    August 8th, 2014
    Posted at: 8:51 am

    hi CB
    GM will market go down?


  2. satish Says:
    August 8th, 2014
    Posted at: 8:51 am

    sorry sir i mean can i enter any PE as market opens


  3. CB Says:
    August 8th, 2014
    Posted at: 8:51 am

    Hi vishal, if breaks 166, would advice to exit 50%. shall add again on dips

    Hi akshay, can short rec below 298


  4. CB Says:
    August 8th, 2014
    Posted at: 8:52 am

    Hi van, can test 840

    Hi g.govindarajan, Good morning. seems may open a bit lower

    Hi satish, no, lets wait for few min after opening.


  5. CB Says:
    August 8th, 2014
    Posted at: 8:53 am

    Hi Vishal, no, not yet.


  6. Vijayk Says:
    August 8th, 2014
    Posted at: 8:53 am

    CB..good morning...holding nifty strangle 7600pe and 7700ce.....looks like nifty gap down will help 7600pe....I am planning to hold 7700ce and close 7600 PE...please suggest


  7. van Says:
    August 8th, 2014
    Posted at: 8:54 am

    n sir can i buy AUROBINDO for intraday?


  8. Neeraj S Says:
    August 8th, 2014
    Posted at: 8:54 am

    CB sir can i short Acc today


  9. CB Says:
    August 8th, 2014
    Posted at: 8:54 am

    Hi Vijayk, Asian markets are recovering a bit. yes, exit pe, can re-enter if markets see a bounce


  10. CB Says:
    August 8th, 2014
    Posted at: 8:55 am

    Hi van, no, not yet

    Hi Neeraj S, no, not sure yet.


  11. Vijayk Says:
    August 8th, 2014
    Posted at: 8:55 am

    Thanks CB


  12. van Says:
    August 8th, 2014
    Posted at: 8:55 am

    thanks sir for your suggestions. thanks a lot.


  13. AJ Says:
    August 8th, 2014
    Posted at: 8:55 am

    more downside for SPARC?


  14. CB Says:
    August 8th, 2014
    Posted at: 8:56 am

    Hi Vijayk, most welcome

    Hi van, most welcome

    Hi AJ, if markets remain weak, could fall further.


  15. mk Says:
    August 8th, 2014
    Posted at: 8:56 am

    Hi cb,
    Can we exit from 7550 pe today?


  16. Ranveer Says:
    August 8th, 2014
    Posted at: 8:56 am

    Hi CB Sir, Good mroning

    Holding Sona Koyo [email protected], Please suggest me should i hold or exist ?

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