Quotes with Resistance & Support
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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. Akash Says:
    August 18th, 2011
    Posted at: 1:52 pm

    Hi CB, Ok. But PRAJ Book Value is just Rs. 2. Will it see 400-500 target in 3-4 years? Or better to buy Tecpro, UB Eng, Shriram EPC or Sanghvi Movers?


  2. gayaram Says:
    August 18th, 2011
    Posted at: 1:52 pm

    Hi CB, GA. Shall i enter 5000 ce for a 10 pts gain.


  3. CB Says:
    August 18th, 2011
    Posted at: 1:52 pm

    Hi Akash, tecpro looks ok


  4. CB Says:
    August 18th, 2011
    Posted at: 1:53 pm

    Hi gayaram, no, not sure yet.


  5. AC Says:
    August 18th, 2011
    Posted at: 1:53 pm

    HI CB ... CAN WE STILL GO SHORT ON BANK NIFTY OR GO LONG FROM HERE


  6. Akash Says:
    August 18th, 2011
    Posted at: 1:54 pm

    Hi CB, Ok. Also, can we buy A2Z also as RJ is one of the promoters of this stock. He can take any share from Rs. 40 to 1000 as per his wish... I am expecting that A2Z will also see 1000+ in future. What will be Sunil Hitech target in 3-4+ years?


  7. Kb Says:
    August 18th, 2011
    Posted at: 1:54 pm

    Hi ARIJIT, ya.. all stock bulls affected with mad cow disease & running wired :P :P . .. better buy a bear :DDD


  8. CB Says:
    August 18th, 2011
    Posted at: 1:54 pm

    Hi AC, no, if it sees a small bounce of 50-80 points, one can go short.


  9. CB Says:
    August 18th, 2011
    Posted at: 1:54 pm

    Hi Akash, no, looks weak


  10. SAI Says:
    August 18th, 2011
    Posted at: 1:54 pm

    HI CB MY FRIEND WANT TO ENTER 5000 PE PLS GIVE YR SUGGESTION AT WHAT LEVEL TO ENTER.


  11. CB Says:
    August 18th, 2011
    Posted at: 1:55 pm

    Hi SAI, nifty has some support at intraday low of 4665. if breaks it, one can enter a put.


  12. CB Says:
    August 18th, 2011
    Posted at: 1:55 pm

    ill be back in 1 hour


  13. Akash Says:
    August 18th, 2011
    Posted at: 1:56 pm

    Hi CB, Ok. so what will be ur call, Tecpro or Praj. Personally I wud prefer Tecpro but still will give more points to your call.


  14. SAI Says:
    August 18th, 2011
    Posted at: 1:56 pm

    OK CB DONE


  15. SAI Says:
    August 18th, 2011
    Posted at: 1:57 pm

    HI CB ITS 4965 KNOW


  16. ashishkabra Says:
    August 18th, 2011
    Posted at: 1:58 pm

    Kun Chalta hai kun rukata hai na jane kun kab tut ta hai ya khel 9 se 3.30 tak ka hoto hai magar asar pure din rahta hai lakho ka len den hota hai carodo ki bate hoti hai magar JEB mai 1 bhi rupia nahi hota hai kun kamata hai pata nahi magar khota har koi hai
    ab to yai hal hai AMBANI ka mal karidane wala bhi rota hai aur TV walo ki kirpa se ab market mai her bat per asar hota hai

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