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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Comment pages: 242526272829303132Show all

  1. CB Says:
    August 11th, 2010
    Posted at: 2:26 pm

    Hi Manasa, most welcome

    Hi shirish, no, has strong support at 852.


  2. ac Says:
    August 11th, 2010
    Posted at: 2:27 pm

    HI CB ... ANY IDEA ABOUT TATA MOTOR FOR TOMOROW...PL ADVICE


  3. CB Says:
    August 11th, 2010
    Posted at: 2:28 pm

    Hi ZSAGAR, can see 753 if markets remain a bit weak

    Hi Jack, around 50% of what you usually buy

    Hi divya, hold it with strict sl at 87. can see 91.


  4. smitha Says:
    August 11th, 2010
    Posted at: 2:28 pm

    Hi CB, howmuch downside will go ivrcl further? or can i buy @ cmp? thanks


  5. CB Says:
    August 11th, 2010
    Posted at: 2:28 pm

    Hi ac, no, not sure about it

    Hi smitha, dont enter it yet. looks weak.


  6. ZSAGAR Says:
    August 11th, 2010
    Posted at: 2:29 pm

  7. CB Says:
    August 11th, 2010
    Posted at: 2:30 pm

    Hi ZSAGAR, no, dont go short yet. short if nifty breaks 5440.


  8. suzane Says:
    August 11th, 2010
    Posted at: 2:33 pm

    Hi CB, reply me for 1:48pm .. Waiting since long


  9. Subhashis Says:
    August 11th, 2010
    Posted at: 2:34 pm

    Hi CB, I want to take Garden Silk at CMP. Is it advisable ?


  10. CB Says:
    August 11th, 2010
    Posted at: 2:34 pm

    Hi suzane, yes, hold it. can see 780

    Hi Subhashis, has resistance at 83. don't enter it yet.


  11. CB Says:
    August 11th, 2010
    Posted at: 2:35 pm

    Hi yash, around 58


  12. preeti Says:
    August 11th, 2010
    Posted at: 2:35 pm

    Hi CB, texmaco moving after long time..holding at 160..cmp 145..shld i exit wth some loss??


  13. KAVITA Says:
    August 11th, 2010
    Posted at: 2:35 pm

    HI CB,
    Target for IFCi today or till friday holding @60 since yesterday


  14. CB Says:
    August 11th, 2010
    Posted at: 2:37 pm

    Hi preeti, continue to hold it for now.

    Hi KAVITA, can see 63.


  15. Jack Says:
    August 11th, 2010
    Posted at: 2:38 pm

    Hi CB, Suryaroshni 4% up .. :-)


  16. CB Says:
    August 11th, 2010
    Posted at: 2:39 pm

    Hi Jack, yes, going well

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