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: 363738394041424344Show all

  1. Mayur Says:
    August 11th, 2010
    Posted at: 4:15 pm

    Hi Akshay, I m from Moradabad city. (U.P)
    i was supposed to complete my bcom this year only..but unfortunately due to accident i didnt gave the exams.!!!!!


  2. CB Says:
    August 11th, 2010
    Posted at: 4:15 pm

    Hi manoj bansal, enter lower near 980

    Hi DS, :) hope so

    Hi Shivangi, noo. no issues

    Hi ARAVIND, most welcome

    Hi SMH, hold onto them. auro is likely to bounce back. patel will take some time to recover

    Hi Swamy, hold it. keep sl at 5400

    Hi manoj bansal, seems to be a rumor. its a risky bet for long term as company has not yet started production. for now hold it.

    Hi Rahul, hold it. can see 170

    Hi nani, around 170


  3. VijayK Says:
    August 11th, 2010
    Posted at: 4:15 pm

    CB...so IFCI would be gaining the most from the Bank License policy....how about LIC Housing?


  4. bharath Says:
    August 11th, 2010
    Posted at: 4:15 pm

    Hi CB,
    your view on FEDERAL BANK and ABB holding futures of both. Short term targets of these stocks.


  5. nani Says:
    August 11th, 2010
    Posted at: 4:18 pm

    thank you very CB


  6. manoj bansal Says:
    August 11th, 2010
    Posted at: 4:20 pm

    thanks cb for your reply.


  7. Shivangi Says:
    August 11th, 2010
    Posted at: 4:21 pm

    Hi CB, where i re-invest it after exiting from these stocks.?


  8. Subhashis Says:
    August 11th, 2010
    Posted at: 4:25 pm

    HI CB, Do you track CALS REFINERIES. It is at present Rs. 0.31./- What is your opinion in this stock. Holding from 0.50 level.


  9. Shereef Says:
    August 11th, 2010
    Posted at: 4:27 pm

    Hi CB/Karthik,

    Ref.: Hindalco 10 and 11th

    Institutional traders (operators) are moving it to new highs and sell in tripple volume.
    What shall be the target and stop loss for tomorrow ?
    Thanks.


  10. RK Says:
    August 11th, 2010
    Posted at: 4:27 pm

    Hi CB,
    Can i roll over my Short in Nifty August at 5240 to October ? Kindly advice


  11. setul Says:
    August 11th, 2010
    Posted at: 4:29 pm

    hi,
    comments on mahindra & mahindra, reliance , sonata software ,opto circuits in 3 monts time


  12. Prashant Says:
    August 11th, 2010
    Posted at: 4:41 pm

    Sirji U missed my query at 2:02pm

    Have any idea about Alka Securities results, Yesterday was the meeting

    Please let me know

    Thank you


  13. brp Says:
    August 11th, 2010
    Posted at: 4:46 pm

    Hi CB,
    i have got some Midfield Industries Ltd. shares today at 176.50.. should i hold them tomorrow??
    what would be the target fortomorrow?? should i expect profit from today,s market level for this script tomorrow??
    please advise..
    thanx..


  14. nithin2009 Says:
    August 11th, 2010
    Posted at: 4:47 pm

    cb...can one enter fresh in SEAMECLTD at cmp for 1month horizon.....what is ur take on fundamentals of this co???


  15. Shipra Says:
    August 11th, 2010
    Posted at: 4:48 pm

    hi cb...cld not look at mkts today...whats ur view on dena fut...what target can it see tomorrow looking at the mkts...will it rise or fall...pls advice what to do?
    hold or exit?


  16. manoj bansal Says:
    August 11th, 2010
    Posted at: 5:06 pm

    hi cb,
    u give advice on commodities also or not.

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