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. dak Says:
    August 21st, 2013
    Posted at: 10:52 am

    Right CB. Thanks.


  2. CB Says:
    August 21st, 2013
    Posted at: 10:53 am

    Hi vishal, its a hold with sl at 735 for now (spot). if markets remain positive, can test 758

    Hi dak, most welcome.


  3. SaiPalanivel Says:
    August 21st, 2013
    Posted at: 10:53 am

    HI CB SIR,RUPEE SMALL RECOVER AGAINST DOLLAR.NIFTY AND BANK STOCKS GOOD MOVE.WHATS YOUR VIEW NIFTY FURTHER MOVE TODAY SIR?


  4. SD Says:
    August 21st, 2013
    Posted at: 10:53 am

    CB
    when to exit from my 5200 PE bought at 33.
    Going thru huge loss in 5700 CE. Pls advise when to exit from 5200 PE


  5. dak Says:
    August 21st, 2013
    Posted at: 10:53 am

    Whats your take on reliance from here? holding 2 lots of 900 ce - bought one at 13, then averaged at 2.4. But its still not going above 2.3 :-(


  6. ramu Says:
    August 21st, 2013
    Posted at: 10:54 am

    hi CBsir gm iam in nifty5600ce @21 nd cairn 320ce @3.10 what about these


  7. raja Says:
    August 21st, 2013
    Posted at: 10:54 am

    CB sir, Good morning, Sir I am holding 65 PE in Apollotyres, Pls guide me regarding whether can it be hold or exit?


  8. CB Says:
    August 21st, 2013
    Posted at: 10:55 am

    Hi SaiPalanivel, technically markets do look weak. selling pressure is likely to resume on rise

    Hi SD, shall hold for 2-3 days. can test 5350 again. exit ce on rise near 5480-5500

    Hi ramu, these are a hold. nifty ce is a exit on rise near 5500 levels.

    Hi dak, yes, has turned a bit weak with the markets. lets hold for another 2-3 days.


  9. YASH Says:
    August 21st, 2013
    Posted at: 10:55 am

    CB
    JP Associates todays target and holding 880 CE rIL is it hold or exit


  10. CB Says:
    August 21st, 2013
    Posted at: 10:56 am

    Hi raja, its a hold for now. sl near 65. can see 62


  11. ramu Says:
    August 21st, 2013
    Posted at: 10:56 am

    ok sir thank you


  12. vijay Says:
    August 21st, 2013
    Posted at: 10:56 am

    Hello Sir,

    when shall i exit 5200 CE bought at 37... ?


  13. CB Says:
    August 21st, 2013
    Posted at: 10:56 am

    Hi YASH, jpassoc has strong resistance at 34. ril ce is a exit on rise for now

    Hi ramu, most welcome.


  14. CB Says:
    August 21st, 2013
    Posted at: 10:56 am

    Hi vijay, exit near 5480-5500 levels.


  15. K K Says:
    August 21st, 2013
    Posted at: 10:57 am

    Hi CB, Nifty direction from here ?


  16. Rajesh` Says:
    August 21st, 2013
    Posted at: 10:58 am

    HI CB,

    Holding RELINFRA CE 360 at 18 and now trading around 7. Kindly suggest the exit level till expiray

    Regards,
    Rajesh

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