Quotes with Resistance & Support
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Intraday calls for 21-08-13

Posted on: August 21st, 2013 at 8:26 am

Markets likely to open higher. Resistance for nifty is at 5480 and support at 5350 (closing basis).

Buy Cairn India at 314.90, target: 320. Stoploss: 310 – (Can continue to hold Cairn for 1-2 days.)

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226 Responses

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  1. Vinit Says:
    August 21st, 2013
    Posted at: 8:34 am

    CB Sir good morning, Short on tata motors and airtel @ 308.. futures... what can we expect today? or exit at opening?


  2. CB Says:
    August 21st, 2013
    Posted at: 8:34 am

    Hi Vinit, Good morning. as of now seems may open a bit higher. technically nifty does look weak. selling pressure is likely to resume on a bounce. can hedge with a 5500ce at opening for now.


  3. Vishal Says:
    August 21st, 2013
    Posted at: 8:38 am

    Hi Kartik, Can USl see 2400 today?


  4. CB Says:
    August 21st, 2013
    Posted at: 8:39 am

    Hi Vishal, can add 30-50rs. not sure of 2400 yet.


  5. Vinit Says:
    August 21st, 2013
    Posted at: 8:39 am

    ok.. thank you


  6. Hari Says:
    August 21st, 2013
    Posted at: 8:39 am

    Hi CB Sir,

    Good morning.

    Can buy Cairn india 320 CE cmp?


  7. CB Says:
    August 21st, 2013
    Posted at: 8:40 am

    Hi Vinit, most welcome

    Hi Hari, Good morning. yes.


  8. SaiPalanivel Says:
    August 21st, 2013
    Posted at: 8:42 am

    CB SIR,GM.NIFTY RAISE 5480 LEVEL CAN ENTER PE?


  9. Santy Says:
    August 21st, 2013
    Posted at: 8:44 am

    Hi CB Sir,

    Can I buy SBI future and what could be target. Also your view on BHEL, making new lows every day.


  10. van Says:
    August 21st, 2013
    Posted at: 8:45 am

    goodmorning cb, can i buy axis bank today?


  11. Taj Says:
    August 21st, 2013
    Posted at: 8:45 am

    Plz tell me I have 5200 pe 5600 call & sir I don't have idea in Option my broker told to trade like when to exit plz


  12. PKP Says:
    August 21st, 2013
    Posted at: 8:45 am

    Sir can I buy nifty 5500 ce at opening only and cairn India 320 ce too


  13. CB Says:
    August 21st, 2013
    Posted at: 8:47 am

    Hi SaiPalanivel, yes. shall look at global queues then before entering

    Hi Santy, no, not really sure of entering these yet. technically do look weak

    Hi van, Good morning. no, not yet. looks weak

    Hi Taj, ok. hold for now. shall exit ce on rise today near 5450-5480. pe is a hold

    Hi Vishal, ok. hold it. dont add more yet

    Hi PKP, go with cairn for now.


  14. SaiPalanivel Says:
    August 21st, 2013
    Posted at: 8:47 am

    HI PKP,GOOD MORNING


  15. Venky Says:
    August 21st, 2013
    Posted at: 8:49 am

    Sir,go long on Idfc in opening?sl and tgt plz


  16. CB Says:
    August 21st, 2013
    Posted at: 8:50 am

    Hi Venky, not yet. has resistance at 105.

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