Quotes with Resistance & Support
Market Information

Intraday calls for 16-08-16

Posted on: August 16th, 2016 at 8:37 am

Markets likely to open flat. Support for Nifty is at 8550 and resistance at 8720. Bank Nifty has support at 18500 and resistance at 19050

No pre-market call for today.

10.17am – Buy Apollo Hospitals at 1431, target: 1455. Stoploss: 1418 – (SL triggered in Apollo hospitals)

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150 Responses

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  1. hb Says:
    August 16th, 2016
    Posted at: 3:10 pm

    shall i buy bharatforge, tatachemical


  2. vinod Says:
    August 16th, 2016
    Posted at: 3:20 pm

    Dear CB pl advice on Rana sugars


  3. zia Says:
    August 16th, 2016
    Posted at: 3:33 pm

    Hiii CBSIR TARGET FOR HINDALCO WILL ANY CORRECTION COME BCOZ IT TOUCH 52WEAK HIGH NOW I BUYED PE ALWAYS I SEE WHEN IT TOUCH 52WEAK HIGH THEN GONE DOWN


  4. devP Says:
    August 16th, 2016
    Posted at: 3:36 pm

    Hi.. I am holding 225 units of NIFTY16AUG8700CE bought at avg price of 76.67. Can you suggest me if i should hold for few more days or sell it off with existing loss


  5. satish Says:
    August 16th, 2016
    Posted at: 4:26 pm

    How would be markets tomorrow & Thursday Sir.

    Will be bank nifty comes down by 200 points for the expiry 18th Aug.. Please advise.


  6. AR Says:
    August 16th, 2016
    Posted at: 4:30 pm

    Hi CB, CMP of Metalforge is 57.85. I have bought 1000 Qty at 92/- level. Now, can I buy this stock at CMP so that the purchase rate can be averaged little bit. Please suggest


  7. P.SIVA., tamil nadu Says:
    August 16th, 2016
    Posted at: 5:48 pm

    Dear CB tomorrow GRAVITA ll reach 52 week high or not?


  8. CB Says:
    August 16th, 2016
    Posted at: 5:51 pm

    Hi AR, it does have strong support at 55 levels. if holds onto it, can bounce back from here. dont add more of it yet. lets see if manages to hold onto 55 or not

    Hi satish, as of now seems may open a bit lower tomorrow. bank nifty is going a bit strong. best to hold with sl near 19080. if global markets turn weak tonight, can see some downside tomorrow

    Hi devP, its a hold for now. keep sl near 8610 (spot)

    Hi zia, it is in an uptrend. would advice to hold with sl at 156 for now

    Hi vinod, its going a bit weak. avoid for now

    Hi hb, yes. do look strong

    Hi Krishna, exit 50% for now. did turn a bit weak today

    Hi SKB, no, not sure yet

    Hi AJ, lupin above 1610 can move higher. ccl is in an uptrend. can test 280

    Hi BVR REDDY, guess will need to hold longer. is a loss making company. may take long to recover. dont add more

    Hi mani, sorry, was not online earlier. can test 66 tomorrow

    Hi VJ, its a hold with sl at 8610 (spot)

    Hi vijayk, yes, its a hold. looks strong. markets are open tomorrow.

    Hi vinod, its going a bit weak. may take a while to recover. hold for now. dont add more yet

    Hi Monisha, yes, likely to

    Hi kk, axis can test 592. hold for now. recl around 233


  9. CB Says:
    August 16th, 2016
    Posted at: 5:51 pm

    Hi P.SIVA., tamil nadu, can test 33.5 it seems.


  10. prasadvsn27 Says:
    August 16th, 2016
    Posted at: 7:13 pm

    Good night to all weaver's


  11. RAJAS Says:
    August 16th, 2016
    Posted at: 7:32 pm

    SIR TODAY POWER GRID RESULT POSITIVE WHY STOCK NEGATIVE PLAY


  12. deepak7791 Says:
    August 16th, 2016
    Posted at: 9:35 pm

    Dear CB

    JSWenergy is not moving. Any chances of upmove to 85 + levels in this series. Also NMDC. Results were ok but no movement.

    TVSMotor @ 301. you view on this as well please


  13. Sunny Says:
    August 16th, 2016
    Posted at: 9:54 pm

    GM CB sir,

    What levels and views for Infosys ?


  14. Mrp Says:
    August 16th, 2016
    Posted at: 11:35 pm

    Hi Cb , Time techno short / medium term trgt pls..& tomorrow EDELWEISS trgt pls.tq


  15. Mrp Says:
    August 16th, 2016
    Posted at: 11:46 pm

    Hi CB, y morepen & marksan went down? Hold for short/ medium term or exit?? Tq


  16. CB Says:
    August 17th, 2016
    Posted at: 7:21 am

    Hi Mrp, exit 50% for now. are going weak. time techno can test 68 in coming days

    Hi Sunny, its going a bit weak. can fall further

    Hi deepak7791, is seeing selling pressure. hedge with a 75pe for now. nmdc is a hold with sl at 98.5 can bounce back from here

    Hi RAJAS, guess was below market expectations. technically still looks strong. hold for now

    Hi prasadvsn27, Good morning..

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