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: 313233343536373839Show all

  1. AJ Says:
    August 11th, 2010
    Posted at: 3:17 pm

    CB Boss....HAVELLS is moving only in one directio down :((


  2. CB Says:
    August 11th, 2010
    Posted at: 3:18 pm

    Hi gopal, hold it. can see 112

    Hi Ragu, Good evening. yes, hold it.

    Hi Ravi, sorry! above 12, it can see 15.


  3. DS Says:
    August 11th, 2010
    Posted at: 3:18 pm

    Dear CB,

    Its gone below 5420 hence sold MLL in major loss too....now do you think Cairn is showing some weaknesses too?How low can it possibly go?


  4. Rohit Bhasin Says:
    August 11th, 2010
    Posted at: 3:18 pm

    will spicejet touch 62 tomorrow


  5. Kb Says:
    August 11th, 2010
    Posted at: 3:19 pm

    Hi Akshay, cb will like HOV ... rite cbbb ??


  6. Ragu Says:
    August 11th, 2010
    Posted at: 3:19 pm

    HiHi Ravi, Thank u.. but long term means?


  7. malhar Says:
    August 11th, 2010
    Posted at: 3:19 pm

    hi can any one telll how tata comm rised this much and can any one enter it


  8. Lilly Says:
    August 11th, 2010
    Posted at: 3:19 pm

    how is unitech @ CMP


  9. CB Says:
    August 11th, 2010
    Posted at: 3:21 pm

    Hi shiva, we do no trade together

    Hi Akshay, thanks. yes, continue to hold them for now.

    Hi Kb, no, looks weak

    Hi AJ, yes . seeing some selling pressure.

    Hi DS, ok. yes, cairn usually moves with crude. may remain a bit flat it seems.


    Hi Rohit Bhasin, likely to


  10. Ravi Says:
    August 11th, 2010
    Posted at: 3:22 pm

    Hi CB, Should I exit 5500 put now. My buying is at 135


  11. RaJ Says:
    August 11th, 2010
    Posted at: 3:23 pm

    HI CB, I'M PLANNING TO INVEST 1L INTO ZEE NEWS PLZ ADVICE SHOULD WETHER SHOULD I OR NOT ! WITH A S/L.


  12. shiva Says:
    August 11th, 2010
    Posted at: 3:23 pm

    I just would love to interview your family members ... about How does it feel to have 2 adept traders at home :) ...


  13. CB Says:
    August 11th, 2010
    Posted at: 3:23 pm

    Hi malhar, no, not sure of any news. dont enter it now.

    Hi Lilly, one can enter in small quantity near 84-85

    Hi Mayur, :) no.. all of the above were posted here.


  14. DS Says:
    August 11th, 2010
    Posted at: 3:23 pm

    Dear CB,

    So shd i book profits in Cairn now or hold on?


  15. CB Says:
    August 11th, 2010
    Posted at: 3:24 pm

    Hi Ravi, hold onto it

    Hi RaJ, no, lets wait for 2-3 days

    Hi shiva, :)


  16. AT Says:
    August 11th, 2010
    Posted at: 3:24 pm

    Hi CB,

    can i buy 5400 CE @ CMP?

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