Quotes with Resistance & Support
Market Information

Intraday calls for 18-08-15

Posted on: August 18th, 2015 at 8:30 am

Markets likely to open flat. Support for Nifty is at 8420 and resistance at 8550. Bank Nifty has support at 18600 and resistance at 19100.

Buy Tata Sponge Iron at 540, target: 554. Stoploss: 534 – (Book profit in Tata Sponge Iron at 554)

10.22am – Buy UCO Bank at 56.80, target: 58.30. Stoploss: 55.70 – (Continue to hold UCO Bank)

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154 Responses

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  1. CB Says:
    August 18th, 2015
    Posted at: 9:07 am

    Hi John, its in a downtrend. would advice to exit on any bounce for now

    Hi Brahma, its a hold for short term. has support at 350 levels. can see a bounce frm here.


  2. CB Says:
    August 18th, 2015
    Posted at: 9:08 am

    Hi Prathmesh, most welcome


  3. Brahma Says:
    August 18th, 2015
    Posted at: 9:08 am

    Thaq cb sir


  4. dr sharma Says:
    August 18th, 2015
    Posted at: 9:09 am

    hi cb tata sponge is opening at 544 ..shall buy or wait for dip?..thanks


  5. CB Says:
    August 18th, 2015
    Posted at: 9:09 am

    Hi dr sharma, add on dips near 542

    Hi Brahma, most welcome.


  6. Vishal Says:
    August 18th, 2015
    Posted at: 9:12 am

    Gud mrng cb.can i clr position in iob at 41.5 or wait for good retun i bought at 40.2


  7. akhil Says:
    August 18th, 2015
    Posted at: 9:12 am

    Hi CB,should i book profit in sunpharma..i bought at 870(one lot)?or shud i wait.

    thank u


  8. CB Says:
    August 18th, 2015
    Posted at: 9:13 am

    Hi Vishal,Good morning. yes, can book near 42

    Hi akhil, yes, book for now. is looking a bit stretched.


  9. shivi Says:
    August 18th, 2015
    Posted at: 9:13 am

    Sir,
    Can we long crompton greav . any support
    Thanks


  10. CB Says:
    August 18th, 2015
    Posted at: 9:13 am

    Hi shivi, not yet. has resistance at 192-195


  11. AJ Says:
    August 18th, 2015
    Posted at: 9:14 am

    Enter CCL for intraday?


  12. Param Says:
    August 18th, 2015
    Posted at: 9:15 am

    Gm, short term target for Cipla?


  13. CB Says:
    August 18th, 2015
    Posted at: 9:15 am

    Hi AJ, can add few above 234


  14. AJ Says:
    August 18th, 2015
    Posted at: 9:17 am

    Enter CAN BK or BOB for intraday recovery?


  15. Prathmesh Says:
    August 18th, 2015
    Posted at: 9:19 am

    Sir, will Tata Global get any benefit of TataCoffee 100% FDI?


  16. AJ Says:
    August 18th, 2015
    Posted at: 9:20 am

    JETAIR for intraday buy from cmp?

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