Quotes with Resistance & Support
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Intraday calls for 16-08-11

Posted on: August 16th, 2011 at 8:29 am

Markets likely to open flat. resistance for nifty is at 5200 and support at 5040

Buy IDFC on dips with Stoploss at 115

1.44pm – buy nifty 5000 pe at 62, target: 75. Stoploss: 5100 (nifty spot) – (book profit at 76)

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457 Responses

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  1. k fathima Says:
    August 16th, 2011
    Posted at: 1:39 pm

    HI CB/KB/KARTIK. HDIL down 8% any adverse news. Holding 300 shares bought at 155. Please advice


  2. CB Says:
    August 16th, 2011
    Posted at: 1:40 pm

    Hi AJ, don't enter it yet. one can short nifty

    Hi Zeyus, you may short nifty for 1-2 days. can test 5000. there is news of slowdown in Germany's economy


  3. CB Says:
    August 16th, 2011
    Posted at: 1:40 pm

    Hi k fathima, no, don't see any news on it. hold for med term. we will need to add few more on dips to avg.


  4. Kb Says:
    August 16th, 2011
    Posted at: 1:40 pm

    Hi Zeyus, short nifty if it holds below 5075


  5. raj Says:
    August 16th, 2011
    Posted at: 1:41 pm

    CB can i buy tata steel??? and also i am short as per a article by a broking house saying RIL can touch 735, pls suggest...


  6. Kb Says:
    August 16th, 2011
    Posted at: 1:42 pm

    Hi CB, yahhhhhhhhhhh.. i posted firsttt here :DDDDDDDDDDD


  7. CB Says:
    August 16th, 2011
    Posted at: 1:42 pm

    buy nifty 5000 pe at 62, target: 75. Stoploss: 5100 (nifty spot)


  8. Zeyus Says:
    August 16th, 2011
    Posted at: 1:43 pm

    Hi CB, So I can enter in short in Mini Nifty ?


  9. CB Says:
    August 16th, 2011
    Posted at: 1:43 pm

    Hi raj, don't enter tata steel yet. yes, reliance being a market mover can correct further if markets remain weak

    Hi Kb, :)


  10. CB Says:
    August 16th, 2011
    Posted at: 1:43 pm

    Hi Zeyus, yes.


  11. AJ Says:
    August 16th, 2011
    Posted at: 1:43 pm

    Can i short REL CAP @ cmp?


  12. namonias Says:
    August 16th, 2011
    Posted at: 1:43 pm

    bought bhelfuture@1664 please give today tar and s/l


  13. Jignesh Says:
    August 16th, 2011
    Posted at: 1:44 pm

    Shall i buy Sintex Industries Limited for intraday , now @ 46.9?Plz suggest


  14. CB Says:
    August 16th, 2011
    Posted at: 1:44 pm

    Hi AJ, yes.

    Hi namonias, hold with sl near 1750.


  15. SS Says:
    August 16th, 2011
    Posted at: 1:45 pm

    Hi CB,
    Do u see Nifty bouncing from 5070 ?


  16. CB Says:
    August 16th, 2011
    Posted at: 1:45 pm

    Hi Jignesh, no, not yet

    Hi SS, can test 5040 it seems.

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