Quotes with Resistance & Support
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Intraday calls for 11-08-10

Posted on: August 11th, 2010 at 8:24 am

Markets likely to open flat. Resistance for nifty is at 5500 and support at 5440.

Buy OnMobile Global Ltd at 307-310, target: 318. Stoploss: 300. -(continue to hold OnMobile for 1-3 days. maintain same sl at 300. can see 320-323.)

If markets show weakness later during the day, sell: Sterlite Industries. – (book profits at 172.50)

Trade in small quantities.

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690 Responses

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  1. Geetha Says:
    August 11th, 2010
    Posted at: 10:40 am

    Can i buy educomp 50@cmp for just intra day


  2. CB Says:
    August 11th, 2010
    Posted at: 10:40 am

    Hi AJ, yes, hold onto it. has strong support at 690-700


  3. CB Says:
    August 11th, 2010
    Posted at: 10:41 am

    Hi KK, hold it. has some resistance at 325. above this can see 332

    Hi Geetha, not yet. wait for some time.


  4. ARIJIT Says:
    August 11th, 2010
    Posted at: 10:41 am

    Hi CB,
    what to do with axis bank will it go further below 1280?


  5. aba Says:
    August 11th, 2010
    Posted at: 10:42 am

    cb i have onmobile 120 @ 510 cmp 310 what to do


  6. Geetha Says:
    August 11th, 2010
    Posted at: 10:42 am

    i have set mahindra forge buy @102.8, but the stock either moves up or down.
    shall i stick on to my bid?


  7. Roze Says:
    August 11th, 2010
    Posted at: 10:42 am

    Hi CB,

    Can i add MLL at CMP,

    Tnx,


  8. CB Says:
    August 11th, 2010
    Posted at: 10:43 am

    Hi ARIJIT, should settle down here. lets see


  9. CB Says:
    August 11th, 2010
    Posted at: 10:43 am

    Hi aba, fundamentally its a strong company. if possible add few more on dips.will recover back

    Hi Geetha, yes, for now keep buy at 102.80

    Hi Roze, not yet.


  10. Rajesh Says:
    August 11th, 2010
    Posted at: 10:44 am

    HI CB, LAST 2 DAYS SELMCL IS IN GREEN SO SHALL WE AVG SOME AT CMP?


  11. Jack Says:
    August 11th, 2010
    Posted at: 10:44 am

    Hi CB, Can i enter reliance today at 985 ? or wait for resistance at 980?


  12. ashish kabra ji Says:
    August 11th, 2010
    Posted at: 10:45 am

    Hi sir I have buy RATHIBAR @16.70 and now 15.00
    SANGHIIND @33.40 and now 28.40

    What can I do now I have buy both of 500 each share


  13. CB Says:
    August 11th, 2010
    Posted at: 10:46 am

    Hi Rajesh, no, not yet. wait for some time.

    Hi Jack, enter near 980 with sl at 960

    Hi ashish kabra ji, they are a hold for short term. seeing some profit booking. likely to recover back


  14. KK Says:
    August 11th, 2010
    Posted at: 10:46 am

    CB Sir,
    SELL call on IndiaInfo on rediff.

    Sell India Infoline with target of Rs 94 and stop loss of Rs 103, says Jatinder Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 99.75, down 0.3% on the BSE.

    Please suggest Shall I take a PUT at this level ??


  15. CB Says:
    August 11th, 2010
    Posted at: 10:47 am

    Hi KK, has strong support at 95-97. dont go short on it yet.


  16. ARIJIT Says:
    August 11th, 2010
    Posted at: 10:47 am

    Hi CB,
    bought onmobile at 309.50, shd i wait for the tgt. of 318?

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