Quotes with Resistance & Support
Market Information

Intraday calls for 18-08-11

Posted on: August 18th, 2011 at 8:31 am

Markets likely to open flat, Support for Nifty at 5000, resistance at 5220

If Markets show recovery later, buy Hero MotoCorp

12.34pm – sell jsw steel future at 637, target: 622. Stoploss: 648 (1-2 day hold)

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483 Responses

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  1. cvrprakash Says:
    August 18th, 2011
    Posted at: 1:38 pm

    CB,

    Axis bank is going down very heavely!!! Stuck up in a CA....
    What can I do? Heavy loss now.. Any suggestion to recover it back?


  2. CB Says:
    August 18th, 2011
    Posted at: 1:38 pm

    Hi Abdullah, hey! Good afternoon.. been long

    Hi dak, yes. wait for some time to roll over.


  3. CB Says:
    August 18th, 2011
    Posted at: 1:39 pm

    Hi ttsathya, if possible hedge with a 130 put for now

    Hi cvrprakash, yes, bank nifty has given a negative breakout. if possible hedge with a put.


  4. Abdullah Says:
    August 18th, 2011
    Posted at: 1:41 pm

    Hi CB, Ya. Had to deal with some issues. Hope u and Kartik are well...


  5. ARIJIT Says:
    August 18th, 2011
    Posted at: 1:41 pm

    Hi CB,
    can i go for 620 pe at rs.14, jsw? tgt?


  6. CB Says:
    August 18th, 2011
    Posted at: 1:41 pm

    Hi Abdullah, oh ok. yes, all is fine here.

    Hi ARIJIT, yes.


  7. ARIJIT Says:
    August 18th, 2011
    Posted at: 1:42 pm

    Hi CB,
    what could be the tgt, now ard 14?


  8. palanivel Says:
    August 18th, 2011
    Posted at: 1:42 pm

    HI CB SIR,GE.NIFTY CAN TEST 4700 SOON? ITS A +VE


  9. Akash Says:
    August 18th, 2011
    Posted at: 1:42 pm

    Hi CB, Welcome back. You did not mention which one I can buy instead of KGL or we can buy that also for 2-3 years for 50+ target?


  10. namonia Says:
    August 18th, 2011
    Posted at: 1:43 pm

    today i missed ur call jsw steel very sad can i wait ambuja future for 134/ or exit at buying price


  11. CB Says:
    August 18th, 2011
    Posted at: 1:43 pm

    Hi ARIJIT, around 20

    Hi palanivel, technically seems can test 4800 in near term. as of now possible see a small bounce before any more fall


  12. CB Says:
    August 18th, 2011
    Posted at: 1:44 pm

    Hi Akash, go with confi petro

    Hi namonia, hold ambuja for now. its near strong support levels. can see 134 again


  13. dak Says:
    August 18th, 2011
    Posted at: 1:44 pm

    CB, If there is a small bounce till what levels can nifty go?


  14. CB Says:
    August 18th, 2011
    Posted at: 1:45 pm

    Hi dak, around 5050


  15. Micky-intrday master Says:
    August 18th, 2011
    Posted at: 1:45 pm

  16. AJ Says:
    August 18th, 2011
    Posted at: 1:45 pm

    Entered CONF PETRO @ 12.99 today....it seems CRISIL has givena 5/5 rating to it.
    How do u see it moving from here?

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