Quotes with Resistance & Support
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Intraday calls for 11-08-14

Posted on: August 11th, 2014 at 8:29 am

Markets likely to open higher. Resistance for nifty is at 7620 and support at 7540.

If markets show weakness later during the day, sell: BHEL

Thought for the day: Every one has a fair turn to be as great as he pleases — Jeremy Collier

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365 Responses

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Comment pages: 101112131415161718Show all

  1. Shravan Says:
    August 11th, 2014
    Posted at: 12:01 pm

    Hi CB/TW, i am holding 1000 units of 7200 PE @ 13; shall i hold or exit pls suggest.


  2. TradeWarrior Says:
    August 11th, 2014
    Posted at: 12:12 pm

    Hi sandeep, If nifty cross 7620 avoid PE.

    Hi Shravan, hedge with CE !!


  3. TradeWarrior Says:
    August 11th, 2014
    Posted at: 12:20 pm


    Buy NIFTY 28-Aug-2014 PE 7700 @ 124 | Target 130 | SL 115 | Quantity 50 | (Intraday)


  4. mayank Says:
    August 11th, 2014
    Posted at: 12:27 pm

    Hi raja, well all technicals saying tht nifty has to go up till 7680 and also nifty not breaking 7600 so in that case i wd not advise to trade its a no trading zone till 7620 is crossed and hold or 7600 below n hold if u see jp is has come down n it only runs as per nifty if that is down then it means nifty may come down till 7600 and then run up


  5. Anuj Says:
    August 11th, 2014
    Posted at: 12:29 pm

    Hi KK, I have Dena Bank 300 @ 68, what should i do?


  6. frank Says:
    August 11th, 2014
    Posted at: 12:30 pm

    Hi TradeWarrior, Nifty crossed 7620


  7. K K Says:
    August 11th, 2014
    Posted at: 12:36 pm

    Hi Anuj,
    Dean Bank posted bad Q1 numbers. It takes time to come to 68 levels again. Support in the range of 58-61 range.


  8. K Banerjee Says:
    August 11th, 2014
    Posted at: 12:39 pm

    Hi K K
    I Buy Nifty 7650 [email protected] ....pls advice me what is the target for intraday...I hold it or sell it...Thanks.


  9. TradeWarrior Says:
    August 11th, 2014
    Posted at: 12:42 pm

    TradeWarrior,

    Book Profit on NIFTY 28-Aug-2014 PE 7700 @ 129 | Profit 250 | (Time Frame 12:20 to 12:41)


  10. PBP Says:
    August 11th, 2014
    Posted at: 12:44 pm

    Hi KK any Idea about Marksan and TV18 short term?


  11. TradeWarrior Says:
    August 11th, 2014
    Posted at: 12:44 pm

    Hi frank, Yes small risk taken and it worked out !!


  12. Vishal Says:
    August 11th, 2014
    Posted at: 12:47 pm

    Hi CB, Hold Adani Ent 520 CE for target 30+?


  13. lokesh Says:
    August 11th, 2014
    Posted at: 12:47 pm

    Dear CB Sir,

    I had purchased DCW ltd on 25.22, please advise what is the target for on week...I hold it or sell it current price...Thanks.

    Lokesh


  14. mayank Says:
    August 11th, 2014
    Posted at: 12:48 pm

    raja if u see jp is gradually coming down also nifty didnt sustain above 7620 so m luking for 7605-7590.

    I dont knw i may be wrong.


  15. raja Says:
    August 11th, 2014
    Posted at: 12:49 pm

    hi TW,
    now nifty traded bellow 7620 wt can now can i take ce r pe


  16. TradeWarrior Says:
    August 11th, 2014
    Posted at: 12:52 pm

    Hi raja, nifty have resistance 7619, so have bought 1 lot PE @ that level and waited for some time so it came to 7614 and gave me 5 points !!

    Now hold off do not enter any !

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