Quotes with Resistance & Support
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Intraday calls for 12-08-10

Posted on: August 12th, 2010 at 8:23 am

Markets likely to open lower. Resistance for nifty is at 5500 and support at 5350.

If markets show recovery later during the day, buy: Jindal Steel & Power Ltd. – (book profits at 656)

Trade in small quantity.

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821 Responses

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  1. Umesh Says:
    August 12th, 2010
    Posted at: 8:35 am

    Hi CB,

    CB what will be tgt for Mahindra life 2day ?


  2. ask Says:
    August 12th, 2010
    Posted at: 8:36 am

    HI CB, Thanks for your response on Max India.

    I also have Fortis at 164.
    Shall i average it now?

    Or will it be a good option to exit now at current market price?

    Please advise.


  3. Kb Says:
    August 12th, 2010
    Posted at: 8:36 am

    Hi CB, wht about tata steel ? do u expect furter down side?


  4. Shipra Says:
    August 12th, 2010
    Posted at: 8:37 am

    hi cb..gm...pls suggest abt dena bank...what target can it see today?
    and looking at the mkts how many more days is dena a hold? :(


  5. CB Says:
    August 12th, 2010
    Posted at: 8:38 am

    Hi Umesh, no, not sure about it for today

    Hi ask, no, don't avg fortis yet. for now its a hold.

    Hi Kb, yes, can come down further.


  6. CB Says:
    August 12th, 2010
    Posted at: 8:38 am

    Hi Shipra, yes, may remain a bit weak. markets can see some bounce from 5350


  7. stalin Says:
    August 12th, 2010
    Posted at: 8:39 am

    HAI MATE GOOD MORNING....how abt Financial Technologies ..whts the one week target in it...and whts the entry price


  8. Ravi Says:
    August 12th, 2010
    Posted at: 8:39 am

    today sicagen results, at what price can i exit today, or better to hold for long term


  9. ttsathya Says:
    August 12th, 2010
    Posted at: 8:39 am

    Sir Bt Punj LLoyd Fyt @122. Pl Advice.


  10. CB Says:
    August 12th, 2010
    Posted at: 8:39 am

    Hi stalin, Good morning. can be bought near 1240 with sl at 1210


  11. LEO Says:
    August 12th, 2010
    Posted at: 8:40 am

    Hi CB,

    Any news about PBA Infrastructure Ltd. ............


  12. Shipra Says:
    August 12th, 2010
    Posted at: 8:40 am

    ok..but then for how many more days do i need to hold it...?
    i have been holding it from july beginning and amost august mid is there?


  13. Kb Says:
    August 12th, 2010
    Posted at: 8:40 am

    Hi CB, hmm.. ok cb .. wht about enil & libert shoe ???


  14. CB Says:
    August 12th, 2010
    Posted at: 8:40 am

    Hi Ravi, no, not really sure how its results would be. book partial profits on rise and if results are good, you can enter later

    Hi ttsathya, its a sell on rise for now.looks weak.


  15. Suresh M Says:
    August 12th, 2010
    Posted at: 8:41 am

    hi cb,whats the tgt for ind-swift lab and mudra life style today?


  16. CB Says:
    August 12th, 2010
    Posted at: 8:41 am

    Hi LEO, no, not sure about it

    Hi Shipra, yes, markets not really moving much since then. will need to hold it longer

    Hi Kb, enil can see some bounce.

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