Quotes with Resistance & Support
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Intraday calls for 08-09-11

Posted on: September 8th, 2011 at 8:26 am

Markets likely to open flat, Resistance for nifty is at 5210.

Buy Aurobindo pharma at 137, Target: 143, SL 133 – (exit from Aurobindo pharma at 136)

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532 Responses

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  1. Akash Says:
    September 8th, 2011
    Posted at: 4:56 pm

    Hi CB, Shud I buy 5600 or 5500 CE on Monday? For 3-4 times return. Or any other CE but shud be low priced (below 5600 CE price)


  2. himanshu Says:
    September 8th, 2011
    Posted at: 4:59 pm

    hey kartik/cb
    Where u see nifty in a week?
    Sum saying trend is down and sum saying trend is up
    Plzz suggest
    Making long or short would b better if we make position for a week


  3. wasey Says:
    September 8th, 2011
    Posted at: 5:19 pm

    Hi Palanivel, my broker today adviced to buy Moserbayer above 24.10 for a target of 27, although I did not buy it yet as I did not have enough cash to deploy.


  4. himanshu Says:
    September 8th, 2011
    Posted at: 5:24 pm

    wasey, its ok... But moserbear looks good


  5. palanivel Says:
    September 8th, 2011
    Posted at: 5:34 pm

    Thanks.wasey and himanshu


  6. VIJAY Says:
    September 8th, 2011
    Posted at: 6:09 pm

    Hi CB,
    I have taken Chambal Short position as it seemed at very high levels @ 16.40 what can be expected will it come back to 110 level.


  7. himanshu Says:
    September 8th, 2011
    Posted at: 6:10 pm

    lalith, awww


  8. himanshu Says:
    September 8th, 2011
    Posted at: 6:13 pm

    aakah, cheap is not always cheap
    Sometimes cheap calls becomes zero


  9. himanshu Says:
    September 8th, 2011
    Posted at: 6:15 pm

    sorry for error in name


  10. CB Says:
    September 8th, 2011
    Posted at: 6:28 pm

    Hi palanivel, its a hold for now. above 25, it can test 28

    Hi Akash, no, not sure of entering these yet.

    Hi himanshu, as of now if unable to close above 5150-5180 levels for couple of days, selling pressure may come in.

    Hi VIJAY, it looks a bit strong. would advice to hedge it with a 120 call for now.


  11. usefor Says:
    September 8th, 2011
    Posted at: 7:00 pm

    Again reminding all my friends..don't play with nifty in short side..its showing uptrend as of my views..


  12. Satish Says:
    September 8th, 2011
    Posted at: 7:21 pm

    Holding 5000 PE. shld exist or wait


  13. Kartik Says:
    September 8th, 2011
    Posted at: 7:35 pm

    Hi Satish, hold it with a tight SL at 5180


  14. $tyle Icon Says:
    September 8th, 2011
    Posted at: 7:58 pm

    Rising Fears of Recession
    http://www.cnbc.com/id/44436704


  15. Micky-Intrday Says:
    September 8th, 2011
    Posted at: 8:02 pm

    Hey hie not getting much time to trade and monitor coz f college but wanna earn smthn morrow ..tell me howz vip for long morrow , Hitachi Home And Life Solution , Hanung Toys And Tex Ltd which one is good or wld u suggest somthing elz.
    Nd hey hie kartik,cb,yogi and kb


  16. vipul Says:
    September 8th, 2011
    Posted at: 8:03 pm

    hi kartik sir,
    i baught 4800 put at 40 for sep expiry.should i hold it or sell it

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