Quotes with Resistance & Support
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Intraday calls for 19-08-11

Posted on: August 19th, 2011 at 8:26 am

Markets likely to open lower

If Markets show recovery later, buy BHEL

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603 Responses

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  1. arun bj Says:
    August 20th, 2011
    Posted at: 7:20 am

    cb . What is the strong resistance and . Support for hero motor corporation . . . . its going up even nifty going down . . Is it safe for entering call 2050.. Now


  2. palanivel Says:
    August 20th, 2011
    Posted at: 8:59 am

    HI CB SIR,GM.NIFTY HOW MANY POINTS LOWER OPEN? ON MONDAY


  3. Gitanjali Says:
    August 20th, 2011
    Posted at: 9:51 am

    Hi Kb, Thanks .Hi Kartik, Where is the next support for ...HDFCBK/ REC and RENUKA..PL?
    Thanks you.


  4. Anita Says:
    August 20th, 2011
    Posted at: 10:30 am

    Sir, I want to buy 1 lot of the following shares in sept series. Pls advice which is a good stock for a short term gain.
    Tata steel
    Tata motors
    Sail
    Bank of india
    canara bank
    voltas
    Is this the right time to go long on these stocks or should i wait. Also what is the downside of nifty.
    Pls advice thanks


  5. himanshu Says:
    August 20th, 2011
    Posted at: 11:39 am

    hey cb
    i picked L&T finance holding in very small quantity @46
    can it b average on dips??
    what will b its 2 year target??


  6. RAJ Says:
    August 20th, 2011
    Posted at: 11:57 am

    GM CB, CAN IRB INF BE BT AT CURRENT LEVEL FOR A SHORT TERM?


  7. Kartik Says:
    August 20th, 2011
    Posted at: 12:15 pm

    Hi arun bj, faced strong resistance 1940, next at 2020, can be entered with a Sl at 1980

    Hi palanivel, GM, seems another 20-30 pts

    Hi Gitanjali, they have been trading below their major support levels, can add some gains if markets recover

    Hi Anita, would advice to wait for some time, also avoid entering in Futures for now, since Markets look weak

    Hi himanshu, looks weak for now, keep a tight SL at 43 and hold it

    Hi RAJ, no, it looks weak


  8. himanshu Says:
    August 20th, 2011
    Posted at: 12:26 pm

    kartik
    i can hold it for atleast 5 years
    what will b its long term target?
    can it be seen 100+


  9. YOGI Says:
    August 20th, 2011
    Posted at: 12:50 pm

    Hi Kartik,
    jpa bullish (even current trend is down may move with market)
    http://i55.tinypic.com/a9uu6e.png


  10. manoij Says:
    August 20th, 2011
    Posted at: 12:53 pm

    Hi Kartik.
    Wish all the best to people who are fasting for the market to go up .
    Bulls or Bear we must fast at times could be for multiple reasons.
    I have an observation detailed below ( minimum) all figs approx as I do not hve actual figs nd sme ascertained by moying cursor on yr chart for nifty ( period 3 years ).

    RSI MOMENTUM NIFTY DATE

    11.4 ------------------------------------ H = 4918 ---- 1-Feb-10
    L = 4827.15
    C = 4899.7

    ----------------------- -1043 ----------- H = 2695.95 ------ 27-Oct -10
    L = 2684.6
    C = 2526.2

    On 19-Aug -11
    RSI 15.56
    MOMENTUM -610.9


  11. palanivel Says:
    August 20th, 2011
    Posted at: 12:55 pm

    HI YOGI,GM. CONTINUE BLOOD BATH FOR GLOBAL MARKETS.I HUGE LOSS FACE FOR HOLDING TATASTEEL 510. HEDGE ENTER. I DONT HAVE MARGIN FUNDS ON MY A/C ANY SUGGEST FOR YOUR SIDE YOGI.


  12. manoij Says:
    August 20th, 2011
    Posted at: 12:57 pm

    hi Kartik,
    please read date 27-Oct-10 as 27-Oct-2008
    regret for mistake
    Also can we draw any inference fro these figs
    brgds


  13. Sunil Rao Says:
    August 20th, 2011
    Posted at: 1:11 pm

  14. palanivel Says:
    August 20th, 2011
    Posted at: 1:12 pm

    hi sunil rao,ge.long time back.h r u?


  15. Sunil Rao Says:
    August 20th, 2011
    Posted at: 1:23 pm

    Hi palanivel, GA, I'm good. Had some issues. All sorted out now. How have you been?


  16. CB Says:
    August 20th, 2011
    Posted at: 1:24 pm

    Hi himanshu, yes. hold it. its a good bet

    Hi YOGI, thanks

    Hi manoij, Good afternoon. thanks for the update

    Hi Sunil Rao, Good afternoon.. how have you been?

    Hi palanivel, yes, hopefully nifty sees some short covering from 4800 levels. lets see.

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