Quotes with Resistance & Support
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Intraday calls for 12-08-15

Posted on: August 12th, 2015 at 8:28 am

Markets likely to open lower. Support for Nifty is at 8320. Bank Nifty has support at 18400 and resistance at 18750.

Sell Tata steel below 245, target: 237. Stoploss: 249

1.10pm – Sell Wockhardt at 1640, target: 1616. Stoploss: 1654 – (Book profit in Wockhardt at 1627)

Thought for the day: There are only two ways to live your life. One is as though nothing is a miracle. The other is as if everything is. ~ Albert Einstein ~

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222 Responses

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Comment pages: 2345678910Show all

  1. AJ Says:
    August 12th, 2015
    Posted at: 9:21 am

    LOVABLE going weak today? i think its results today..any clue how it might perform?


  2. AT Says:
    August 12th, 2015
    Posted at: 9:21 am

    Thanks CB....any other call for the day as tata steel is already up by 3%


  3. Vishal Says:
    August 12th, 2015
    Posted at: 9:25 am

    Hi Nifty King, No effect of GST. It will not make any difference at all. Last time, when VAT was implemented, it was told that it will make Business easy, tax easy and blah blah. What happened? Nothing I guess. So even GST is implemented, nothing will happen. In fact, consumer will end up paying more due to another Tax GST. All previous taxes will be there as it is.


  4. sandip Says:
    August 12th, 2015
    Posted at: 9:25 am

    HI CB
    GM
    Have Tata Motors 380 PE
    Where to book?


  5. Rajesh Says:
    August 12th, 2015
    Posted at: 9:25 am

    Hi CB.. What about kyra landscapes


  6. manu Says:
    August 12th, 2015
    Posted at: 9:27 am

    >>Taken Ashok Leyland at Rs 88.25. Call for today ??
    >> Taken Asian Paint at 899. Call for today ??


  7. AT Says:
    August 12th, 2015
    Posted at: 9:27 am

    Tata steel is now up 1.5%.....call we short now? If yes....what is the revised target?


  8. sandeep Says:
    August 12th, 2015
    Posted at: 9:28 am

    Hi CB
    Your views on Jain Irrigation


  9. rohan Says:
    August 12th, 2015
    Posted at: 9:30 am

    Hi,anything to enter in nifty option??


  10. Prathmesh Says:
    August 12th, 2015
    Posted at: 9:30 am

    CB sir. Infosys's todays upper tarhet pl.


  11. CB Says:
    August 12th, 2015
    Posted at: 9:31 am

    Hi dinesh, yes, posted good results. was not aware of that. avoid it for now

    Hi Vishal, these are strong bets. hold onto these

    Hi Nifty King, not really sure about it yet

    Hi AJ, yes, is moving with nifty. exit 50% for now. shall add again on dips

    Hi AT, nothing new yet. lets wait

    Hi sandip, book near 355

    Hi Rajesh, not really sure about this one.


  12. Nifty King Says:
    August 12th, 2015
    Posted at: 9:31 am

    Hi Vishal, Your point is valid but Market needs some clue to move Up or down....So I am worried a bit....on that basis will create position


  13. nsefan Says:
    August 12th, 2015
    Posted at: 9:32 am

    Hi CB, Tatasteel is active strictly below 245 ?


  14. RAJ GUPTA Says:
    August 12th, 2015
    Posted at: 9:33 am

    CB sir sbi going huge down..holding 280 CE .. in huge loss .. please suggest should i hold continue??? :( :(


  15. CB Says:
    August 12th, 2015
    Posted at: 9:34 am

    Hi sandeep, has support at 67-68. if holds onto it, can bounce back

    Hi manu, ok. hold these with strict sl for now. markets may remain a bit volatile today

    Hi rohan, no, as of now none

    Hi Prathmesh, can test 1135


  16. dinesh Says:
    August 12th, 2015
    Posted at: 9:34 am

    Hi, any news in tatasteel/steel sector all script are in red but tatasteel in green?

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