Quotes with Resistance & Support
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Intraday calls for 08-08-16

Posted on: August 8th, 2016 at 8:32 am

Markets likely to open higher. Support for Nifty is at 8600 and resistance at 8720. Bank Nifty has support at 18500 and resistance at 19150.

Buy Mahindra & Mahindra above 1490, target: 1520. Stoploss: 1475 – (Book profit in M&M at 1500)

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147 Responses

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  1. jv patel Says:
    August 8th, 2016
    Posted at: 12:00 pm

    Sir, time techno 250 @56 hold or profit booking ?


  2. harshal Says:
    August 8th, 2016
    Posted at: 12:51 pm

    Hi Sir, please suggest on short term target of Apollo tyres and Snowman? I am holding at 156 and 73 respectively.


  3. Kartik Says:
    August 8th, 2016
    Posted at: 12:53 pm

    Hi YASH, its likely to trade flat today

    Hi jv patel, would be safer to book profits

    Hi nifty, don't go short yet, faces strong resistance around 19k levels, would be better to wiat for somtime

    Hi laxmi, yes, below 90, wait for sometime

    Hi zia, faces strong resistance at 350, can be entered wit ha SL at 340 for efw days

    Hi Krishna, its rallied quite a lot, could see some profit booking ahead


  4. harshal Says:
    August 8th, 2016
    Posted at: 12:56 pm

    Hi Kartik, please suggest on short term target of Apollo tyres and Snowman? I am holding at 156 and 73 respectively.


  5. Ritu Says:
    August 8th, 2016
    Posted at: 12:58 pm

    HI CB, your view on reliance and wockard at this point please...looking to short both


  6. RAJAS Says:
    August 8th, 2016
    Posted at: 12:58 pm

    SIR BANK NIFTY FUTURE 19011 LEVEL HOLD OR EXIT STOP LOSS


  7. kala Says:
    August 8th, 2016
    Posted at: 1:11 pm

    hi cb
    Is IGL still hold or exit


  8. Krishna Says:
    August 8th, 2016
    Posted at: 1:26 pm

    Ok... Thanks CB..


  9. kishor Says:
    August 8th, 2016
    Posted at: 1:32 pm

    Sell M&M for target 1485-1460 sureshot


  10. pjessi Says:
    August 8th, 2016
    Posted at: 1:41 pm

    Sir,intraday tgt for anandraj,exide and recl for delivery?


  11. Monisha Says:
    August 8th, 2016
    Posted at: 1:43 pm

    Can enter aun pharma short what is the lower today can see


  12. Krishna Says:
    August 8th, 2016
    Posted at: 1:57 pm

    CB, should i hold MRF bought@35100. It's coming down from 37000..


  13. kk Says:
    August 8th, 2016
    Posted at: 1:57 pm

    Hi,
    I brought heromotoco at 3510 for intraday. Pls tell me intraday target.
    Thank you


  14. Sai Palanivel Says:
    August 8th, 2016
    Posted at: 1:58 pm

    HI KARTIK SIR,RELIANCE 1020 PE AT 25.00 HOLD OR EXIT?


  15. deepak7791 Says:
    August 8th, 2016
    Posted at: 2:03 pm

    Hi Kartik

    Can you please let me know if NMDC will move to 107 levels. Religare has given a buy call.

    Also Want your view on Tatapower and JSWengery FUT which i have bought today.


  16. Vijay Says:
    August 8th, 2016
    Posted at: 2:05 pm

    Hi CB Sir,
    Holding jindal steel @85, Please suggest 1-2 week target and SL.
    Thanks.

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