Quotes with Resistance & Support
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Intraday calls for 20-08-15

Posted on: August 20th, 2015 at 8:32 am

Markets likely to open slightly lower. Support for Nifty is at 8420 and resistance at 8550. Bank Nifty has support at 18650 and resistance at 18900.

If markets show recovery later during the day, buy: Wockhardt.

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162 Responses

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Comment pages: 34567891011Show all

  1. CB Says:
    August 20th, 2015
    Posted at: 3:25 pm

    Hi rahul nagar, hold these for few days. dont add more yet


  2. bharath Says:
    August 20th, 2015
    Posted at: 3:26 pm

    Hi may i buy RENUKA SUGAR AT 8.35


  3. sathiya Says:
    August 20th, 2015
    Posted at: 3:30 pm

    Sir,
    Can I buy nilainfra at cmp 10.30???


  4. badal Says:
    August 20th, 2015
    Posted at: 3:41 pm

    Hi Sir,

    I purchased mastek at 219, will it come upward becoz rite now having a price near abt 185.

    Please suggest what to do.


  5. Rishikanta Says:
    August 20th, 2015
    Posted at: 3:56 pm

    sir i m holding ktkbank 140ce. please provide me the stop loss in spot level and tgt plz within expiry


  6. Irfan Says:
    August 20th, 2015
    Posted at: 4:01 pm

    Hi CB Sir, What low will cairn India test further? Pls suggest a buy price for a short term holding.


  7. AVS Pillai Says:
    August 20th, 2015
    Posted at: 4:09 pm

    hi sir..your view on Visaka Industries


  8. CB Says:
    August 20th, 2015
    Posted at: 4:49 pm

    Hi AVS Pillai, its facing resistance near 175. a close above this can take it higher to 183

    Hi Irfan, its in a downtrend. best to avoid it for now

    Hi Rishikanta, its a hold with strict sl at 132.5 for now(spot)

    Hi badal, it has strong support at 180 levels. hold for now. possible holds onto it and bounces back. dont add more

    Hi sathiya, not yet

    Hi bharath, no, looks weak


  9. CB Says:
    August 20th, 2015
    Posted at: 4:50 pm

    Hi Ashley, I am doing good. hope you too. I am not really sure. would advice to go with a trail


  10. Ashley Says:
    August 20th, 2015
    Posted at: 5:08 pm

    Hi CB, I am doing good too. Thank you so much for asking. Seems suspicious about him/her.


  11. sankar Says:
    August 20th, 2015
    Posted at: 5:21 pm

    hi wat about sasekan communications holding @ Rs.282/-


  12. Irfan Says:
    August 20th, 2015
    Posted at: 5:21 pm

    Thank you sir


  13. Nirav Bhanushali Says:
    August 20th, 2015
    Posted at: 5:24 pm

    Hi CB,

    can you advise me effective tools for intraday and for the options??

    thanks and godbless


  14. Girish Pophale Says:
    August 20th, 2015
    Posted at: 5:37 pm

    Hi CB,
    What will be the market impact of this news?
    http://m.economictimes.com/markets/forex/rbi-sets-rupee-reference-rate-at-65-2385-against-dollar/articleshow/48556299.cms


  15. CB Says:
    August 20th, 2015
    Posted at: 5:37 pm

    Hi Nirav Bhanushali, best to go with stocks making fresh 6-9 month highs with more than avg volumes. also can look for breakouts like double/ triple tops, flag breakouts, etc

    Hi Irfan, most welcome

    Hi sankar, it does look strong. its a hold. can test 300 in near term

    Hi Ashley, most welcome. he has been around for quite some time.. is a good analyst..


  16. CB Says:
    August 20th, 2015
    Posted at: 5:38 pm

    Hi Girish Pophale, not really sure how markets will react to this news.

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