Quotes with Resistance & Support
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Intraday calls for 23-08-10

Posted on: August 23rd, 2010 at 8:24 am

Markets likely to open flat

Buy Adani Enterprises at 641, Target: 655, SL 632

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535 Responses

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  1. LEO Says:
    August 23rd, 2010
    Posted at: 11:07 pm

    Yes CB,

    Got Some Profit in market day to day with help of ur team .......

    Today i really missed a Lot ... Bought BPCl (2000 Shares) Ca 700 @ 13.4 booked Profit @ 19.5 ... But It Went To 100 Plus After i booked .....Yes These all in the Game .......

    .... Whether We can see 5600-5650 in A near days ...


  2. Pr@$@nth Says:
    August 23rd, 2010
    Posted at: 11:08 pm

    Hi Guys,
    US Market is Opened?


  3. hitesh Says:
    August 23rd, 2010
    Posted at: 11:10 pm

    cb how can promottor holdings can be find?


  4. hitesh Says:
    August 23rd, 2010
    Posted at: 11:13 pm

    had u gone through the trade policy


  5. LEO Says:
    August 23rd, 2010
    Posted at: 11:14 pm

    Hi Pr@$@nth,

    I use to See US market @ 7.00 p.m (+5.30 GMT ) Opening .....

    if u would like to see the Action .......Click the below links.....

    http://www.google.com/finance

    http://www.cnbc.com/id/15921552/site/14081545/

    http://www.marketwatch.com/tools/stockresearch/globalmarkets/intIndices.asp


  6. LEO Says:
    August 23rd, 2010
    Posted at: 11:17 pm

    OK CB,

    Myself Leaving for the day .....

    Good Night .....( U & Ur Team r our KNIGHTS ............)

    Bye 4 Now ...........................


  7. hitesh Says:
    August 23rd, 2010
    Posted at: 11:19 pm

    In an attempt to boost exports, the government has announced a bagful of stimulus measures in the review of the Foreign Trade Policy (FTP) 2009-2014, reports CNBC-TV18. The fresh export promotion sops will cost Rs 1050 crore, says Commerce Minister Anand Sharma.

    In the review, Sharma has announced a six-month extension of the Duty Entitlement Pass Book scheme (DEPB) which will now expire on 30 June 2011. Even zero duty on Export Promotion Capital Goods Scheme (EPCG) scheme has been extended by a year.



    The government has introduced bonus schemes for handicrafts and leather. Interest subvention plan of 2% each for leather, jute and textile have also been extended.

    Informing that the govt is on track to achieve USD 200 billion export in FY11, Sharma said that recovery in exports have been so far fragile. The government is keen to cut down transportation costs by 40%.

    Sharma is concerned that it is still difficult to make policy on trade due to uncertainty while exports are still facing challenges in global markets. He has also said that response to economy recovery will be aptly calibrated and is prudent to preserve with last year’s policy stance.

    However on an optimistic note, he said that India’s pact with Association of Southeast Asian Nations (ASEAN) countries will provide new expansion avenues. He also informed that India is in talks for comprehensive trade pact with Japan and Malaysia.

    While the new FTP was announced for a period of two years in August last year, the government felt it was necessary to make some cosmetic changes of the policy to sustain growth in exports.


  8. bilvanth Says:
    August 23rd, 2010
    Posted at: 11:37 pm

    hi CB,
    i am holding ABB aug future @ 800 ,what is ur view on this before expire ??


  9. CB Says:
    August 23rd, 2010
    Posted at: 11:45 pm

    Hi LEO, oh!! ok. always keep a trailing sl and continue to hold onto stocks/options.. this way we can help play the momentum. not sure of 5600 yet.. Good night..

    Hi Pr@$@nth, yes, Nasdaq is 3 points down

    Hi hitesh, on bseindia.com. yes, seems the news did trigger some upmove in textiles sector


    Hi bilvanth, keep strict sl at 760. has strong support there. can bounce back to 800-820.


  10. zsagar Says:
    August 23rd, 2010
    Posted at: 11:59 pm

    Hi CB, how to perform trailing stoploss ?
    Can u pls send me ebooks which briefly explains " Technical analysis "


  11. zsagar Says:
    August 24th, 2010
    Posted at: 12:01 am

    Hi CB, pls advice My Dad hold a Short on TCS Fut @ 863.50 ; Pls tell me lowerside target tat can be seen tomorrow ?


  12. zsagar Says:
    August 24th, 2010
    Posted at: 12:11 am

    Hi CB, Have you seen Hindpetro Fut today ; It has rallied a lot ; Can I Short it in the morning for intraday ? If yes then pls tell me a shorting price and a target and SL !


  13. CB Says:
    August 24th, 2010
    Posted at: 12:20 am

    Hi zsagar, its basically a 2-3% move on the downside.dont enter hind petro now. tcs is a hold. can see 850.


  14. hitesh Says:
    August 24th, 2010
    Posted at: 12:26 am

    cb one week target for sel should i hold it or book profit tommorow or can we more lower levels in the stock


  15. zsagar Says:
    August 24th, 2010
    Posted at: 12:31 am

    Hi CB, Is it now a right time to enter in IBPower for a One year Hold or do i need to wait ?
    Can u suggest any stock which can give nice return ? Any better performng stocks than IBPOWER ?


  16. CB Says:
    August 24th, 2010
    Posted at: 12:51 am

    Hi hitesh, book partial tomorrow near 49. hold the rest. stock can see some bounce in near term. one can add few more on dips

    Hi Akshay, thanks. yes, all was well. yes, Kartik did good.. trip was good too.

    Hi zsagar, go with sjvn and nhpc on dips. these are much better companies.

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