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

Posted on: August 14th, 2014 at 8:30 am

Markets likely to open flat. Resistance for nifty is at 7820.

If markets show weakness later during the day, sell: DLF below 192.

3.11pm – BTST- Buy Reliance industries at 1004.50, target: 1025. Stoploss: 993

Thought for the day: The superior man makes the difficulty to be overcome his first interest; success comes only later. – Confucius

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379 Responses

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  1. PB Says:
    August 16th, 2014
    Posted at: 1:13 pm

    CB..sir..wich..is..good.for.intrady.trading.taking..good.profit.Future..or..option..?


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    August 16th, 2014
    Posted at: 1:39 pm

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  3. kumar rupesh Says:
    August 16th, 2014
    Posted at: 1:56 pm

    i have bouaht unity infra 2500 @ 27.50 .what should be don.hold or exit


  4. CB Says:
    August 16th, 2014
    Posted at: 2:14 pm

    Hi Rishikanta, it has resistance at 134.5 levels. once manages to cross it, can move higher

    Hi Rajasekar, most welcome

    Hi PB, options are a high risk activity.. if you have low investment amount, then can go with options with strict stoploss

    Hi ravi, thanks for sharing

    Hi kumar rupesh, its a hold. can test 230 in near term. keep sl at 25.80


  5. TAPAN Says:
    August 16th, 2014
    Posted at: 3:51 pm

    CB Sir, for 6 months JAYSHREE TEA, DHUNSHREE PETROCHEM, target price PLEAE MONDAY MARKET UPSIDE OR DOWNSIDE PLEASE, TATA POWER DOWNSIDE TARGET PLEASE


  6. CB Says:
    August 16th, 2014
    Posted at: 4:48 pm

    Hi TAPAN, fundamentally are good long term bets. can add 25-30%. tata power has resistance at 93 levels. can test 88 if markets turn weak


  7. v.p.singh Says:
    August 16th, 2014
    Posted at: 5:26 pm

    Hi CB, good evening,
    plz share your views for
    cipla
    coal india
    tata steel
    tata global
    bharti
    bharat forge
    wipro
    hind.unilever
    in august series.


  8. CB Says:
    August 16th, 2014
    Posted at: 5:28 pm

    Hi v.p.singh, Good evening. cipla can test 460 in near term. tata steel above 550 can test 575. bharti can head upto 400. wipro above 554 can test 565. not sure of others as of now.


  9. K Banerjee Says:
    August 16th, 2014
    Posted at: 6:41 pm

    Hi CB,
    Good evening,I am holding Nifty 7700 PE @40.00 , Nifty 7800 PE @154.00 BPCL 570 PE @6.70 and INFY 3650 CE @ 35.00. Right now all are in loss ... Is there any chance to recover the loss... Right now I am in tension your valued suggestion is required for me. I always follow your suggestion ... Pls advice I sell those things or hold those things .... Thanks.


  10. Kartik Says:
    August 16th, 2014
    Posted at: 7:15 pm

    Hi K Banerjee, Good evening.. nifty pe's are a hold for now. keep sl at 7820. bpcl is a hold with sl at 618. infy above 3630 can test
    3680. hold these for now. as of now seems nifty may open a bit flat on Monday.

    Hi v.p.singh, most welcome.you too! sure, shall email


  11. Wahid Says:
    August 16th, 2014
    Posted at: 7:21 pm

    Hi CB Sir, holding Hdil @90.20 shall I hold it and can you suggest target. Please advise. Thanks


  12. padman kumar jena Says:
    August 16th, 2014
    Posted at: 8:02 pm

    I am holding India Cement sell call Aug Future @113.15. Can I hold or exit. What will be market strategy on Monday. Please advice


  13. K Banerjee Says:
    August 16th, 2014
    Posted at: 8:09 pm

    Hi Kartik
    Thanks for your support.


  14. CB Says:
    August 16th, 2014
    Posted at: 8:56 pm

    Hi Wahid, its a hold for now. keep sl at 88. can test 95-96 again if markets remain strong

    Hi padman kumar jena, its a hold with sl at 114.50 (spot) for now. technically would turn positive above 114.5

    Hi K Banerjee, most welcome.


  15. Eq Says:
    August 16th, 2014
    Posted at: 10:46 pm

    Sir how many days bharti will take to cross 380? I have bought at 374.


  16. CB Says:
    August 16th, 2014
    Posted at: 10:58 pm

    Hi Eq, its a hold for a 1-2 weeks

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