Quotes with Resistance & Support
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Intraday calls for 14-08-12

Posted on: August 14th, 2012 at 8:37 am

Markets likely to open flat, Resistance for nifty is at 5360 and support at 5285

Buy Yes Bank around 362, Target: 369, SL 355 – (Book profit in Yes bank at 368)

12.33pm – Buy Larsen and Tubro at 1446, target: 1462. Stoploss: 1430 – (Book profit in LT at 1458)

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637 Responses

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  1. Kartik Says:
    August 15th, 2012
    Posted at: 8:31 pm

    Hi Robotguy, GE, same to you

    Hi sona, would be better to exit on rise, as could see profit booking later

    Hi Rohit, it looks strong technicall, keep a trailing SL at 115 and hold for a target of 140

    Hi Aupam Jain, hold it for 1-2 days, can see 375


  2. Pradeep62 Says:
    August 15th, 2012
    Posted at: 8:40 pm

    Hi CB,
    I am long in Natural Gas at 158. Its tumbling today. Kindly advice.


  3. CB Says:
    August 15th, 2012
    Posted at: 8:56 pm

    Hi Pradeep62, can you pls give me a link to its chart?


  4. Pradeep62 Says:
    August 15th, 2012
    Posted at: 9:01 pm

    Hi CB, here is the link
    http://www.forexpros.com/commodities/natural-gas-advanced-chart


  5. suresh Says:
    August 15th, 2012
    Posted at: 9:04 pm

    hi cb,indswft lab has broken its support level.. should i accumulate @cmp with long term perspective..or should i wait for some more fall?please suggest.where will it bottom out?


  6. Shiv Says:
    August 15th, 2012
    Posted at: 9:17 pm

    Happy Independence day to CB,Kartik and all NG members.
    CB holding shoppersstop @365 can it see 370+ tmrw i want to exit it. It usually gives wild swings.


  7. CB Says:
    August 15th, 2012
    Posted at: 9:54 pm

    Hi Pradeep62, technically its near strong support levels of 2.7200-2.7500. would advice to hold onto it for 2-3 days. a bounce from here is expected

    Hi suresh, no, technically is in a downtrend. seems can fall further. don't enter it yet

    Hi Shiv, Happy Independence day. does have good support at 355. hold it for 2-3 days. can see 375-380


  8. suresh Says:
    August 15th, 2012
    Posted at: 10:20 pm

    thanks cb,how we will trade this week.. rupee is getting weaker day by day....


  9. CB Says:
    August 15th, 2012
    Posted at: 10:21 pm

    Hi suresh, seems markets may consolidate or see some profit booking before any further upmove. strong resistance near 5370


  10. Aman Says:
    August 15th, 2012
    Posted at: 10:26 pm

    CB what abt Mastek n Thinksoft in short term..


  11. CB Says:
    August 15th, 2012
    Posted at: 10:28 pm

    Hi Aman, not really sure of mastek yet. has rallied quite a bit. thinksoft above 80 can head upto 92


  12. suresh Says:
    August 15th, 2012
    Posted at: 10:32 pm

    can i short indswft lab?where does it has its next major support?


  13. CB Says:
    August 15th, 2012
    Posted at: 10:35 pm

    Hi suresh, seems can test 36


  14. suresh Says:
    August 15th, 2012
    Posted at: 10:36 pm

    thanks cb...


  15. BDM Says:
    August 15th, 2012
    Posted at: 10:43 pm

    Happy Independence day to all


  16. choton Says:
    August 15th, 2012
    Posted at: 10:51 pm

    sir. I"ve [email protected] , [email protected] & [email protected] .... pls. guide me & strong support or Sl.

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