Quotes with Resistance & Support
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Intraday calls for 12-08-13

Posted on: August 12th, 2013 at 8:27 am

Markets likely to open slightly higher. Resistance for nifty is at 5650 and support at 5500.

Buy Jindal Steel and power at 207.50, target: 213. Stoploss: 203 – (Book profit in Jindal steel at 213)

12.24pm – Buy 5700ce at 57.55, target: 70. Stoploss: 5570 (spot)

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241 Responses

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  1. RG Says:
    August 12th, 2013
    Posted at: 9:00 am

    Hi CB,

    Should i go for 5600 ce or 570 ce ?


  2. CB Says:
    August 12th, 2013
    Posted at: 9:00 am

    Hi Venky, not yet. has strong resistance at 135-138


  3. ruchit Says:
    August 12th, 2013
    Posted at: 9:01 am

    Thank you, but may i know why not to enter in jindalstel if opens gap up?


  4. van Says:
    August 12th, 2013
    Posted at: 9:01 am

    goodmorning cb, sir can i buy BHARTI for intraday?


  5. CB Says:
    August 12th, 2013
    Posted at: 9:01 am

    Hi RG, go with 5600 for now

    Hi ruchit, enter if opens below 209. else avoid.


  6. CB Says:
    August 12th, 2013
    Posted at: 9:02 am

    Hi van, Good morning. yes, can add few above 339


  7. van Says:
    August 12th, 2013
    Posted at: 9:02 am

    sir whats the target of barti?


  8. CB Says:
    August 12th, 2013
    Posted at: 9:04 am

    Hi ruchit, chances of it moving further higher are less.

    Hi van, around 345.


  9. van Says:
    August 12th, 2013
    Posted at: 9:05 am

    sir what about SUNPHARMA & RANBAXY to buy?


  10. CB Says:
    August 12th, 2013
    Posted at: 9:05 am

    Hi van, avoid pharma space for now. there is negative news flow on it.


  11. ruchit Says:
    August 12th, 2013
    Posted at: 9:06 am

    Ya ok, Thanks !
    Have a Good Day!


  12. AJAY Says:
    August 12th, 2013
    Posted at: 9:06 am

    Thank you sir


  13. CB Says:
    August 12th, 2013
    Posted at: 9:06 am

    Hi ruchit, you too have a good day


  14. CB Says:
    August 12th, 2013
    Posted at: 9:06 am

    Hi AJAY, most welcome.


  15. van Says:
    August 12th, 2013
    Posted at: 9:09 am

    OK THANKS SIR


  16. Sandip Says:
    August 12th, 2013
    Posted at: 9:10 am

    Cb sir, I can shortsell Axisbank?

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