Quotes with Resistance & Support
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Intraday calls for 23-08-11

Posted on: August 23rd, 2011 at 8:28 am

Markets likely to open flat, resistance at 4950, Support at 4830

Sell Tata power on rise around 1115-1120, Target: 1090, SL 1135 (trade in small quantity)

11.14am – Buy Reliance ind at 753, target: 765. Stoploss: 742 (book profit at 764)

12.43pm – buy HDFC at 644.50, target: 655-658. Stoploss: 634. trade in small quantity.

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580 Responses

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  1. san Says:
    August 23rd, 2011
    Posted at: 1:48 pm

    Thanks CB... i will hold till expiry...


  2. sanzy Says:
    August 23rd, 2011
    Posted at: 1:48 pm

    shalli buy 5000CE for tgt of 35 by end of the day


  3. CB Says:
    August 23rd, 2011
    Posted at: 1:49 pm

    Hi Kumar SS, most welcome

    Hi namonia, in small quantity

    Hi san, ok


  4. cvrprakash Says:
    August 23rd, 2011
    Posted at: 1:49 pm

    Hi CB,

    Planning to enter next month's Nifty Fut. At what range I can initiate a Sell on this?
    I guess this is a small rally in a bear market. What's your view.


  5. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 1:50 pm

    Hi Sunil Rao, *sl @ 647.1*


  6. CB Says:
    August 23rd, 2011
    Posted at: 1:50 pm

    Hi sanzy, no, not sure of a 5000ce yet

    Hi cvrprakash, yes, seeing some short covering, selling pressure is likely to resume on rise. wait for some time to go short.


  7. JR Says:
    August 23rd, 2011
    Posted at: 1:50 pm

    CB\KB\Sunil Sir...
    Aything to buy or sell...Nifty, call, put, stock


  8. Micky-intraday Says:
    August 23rd, 2011
    Posted at: 1:50 pm

  9. CB Says:
    August 23rd, 2011
    Posted at: 1:50 pm

    Hi JR, no,as of now no new call


  10. CB Says:
    August 23rd, 2011
    Posted at: 1:51 pm

    Hi Micky-intraday, can test 115.40


  11. santhosh Says:
    August 23rd, 2011
    Posted at: 1:51 pm

    Hi CB

    i have 50k in hand. plan to invest for short term say - max. 1 month. could you please suggest some good stocks?


  12. Abdullah Says:
    August 23rd, 2011
    Posted at: 1:51 pm

    Hi JR, CB posted a swing call on Educomp...


  13. CB Says:
    August 23rd, 2011
    Posted at: 1:51 pm

    Hi santhosh, as of now markets are looking weak. selling pressure is likely to resume on rise. don't make fresh investments yet.


  14. CB Says:
    August 23rd, 2011
    Posted at: 1:52 pm

    ill be back in 30 min.


  15. raj Says:
    August 23rd, 2011
    Posted at: 1:52 pm

    Thanks CB :)


  16. Sunil Rao Says:
    August 23rd, 2011
    Posted at: 1:52 pm

    Hi JR, no new call as of now.

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