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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Comment pages: 293031323334353637Show all

  1. prasath 81 Says:
    August 24th, 2011
    Posted at: 12:05 am

    cb . . Can i enter educomp . For 10 days . . Recent fall . Can see any short covering . In this counter . . Down . Half of the price . 400 to 208 level . .or . Can i enter for long term . .


  2. YOGI Says:
    August 24th, 2011
    Posted at: 12:19 am

    Hi Abdullah, r u on line ?


  3. Abdullah Says:
    August 24th, 2011
    Posted at: 12:21 am

    Hi YOGI, Yes...


  4. YOGI Says:
    August 24th, 2011
    Posted at: 12:23 am

    Hi Abdullah,
    http://i55.tinypic.com/jt4cq9.png


  5. arun bj Says:
    August 24th, 2011
    Posted at: 12:36 am

    hi yogi good evening . . Are you . Full time trader . . ?


  6. CB Says:
    August 24th, 2011
    Posted at: 12:57 am

    Hi Abdullah, Good evening.

    Hi SDG, Good night..


    Hi arun bj, yes, book at a gap up opening.

    Hi prasath 81, yes, has found some support near 210 levels. can see 240


  7. Sunil Rao Says:
    August 24th, 2011
    Posted at: 12:58 am

    Hi himanshu, Thanks!

    Hi CB and all, Good Evening ...


  8. arun bj Says:
    August 24th, 2011
    Posted at: 1:02 am

    hi . Cb . . Ok how many points ll open up tomo . . . . sunil rao . Good evening . Any stocks for tomo intraday . . .


  9. YOGI Says:
    August 24th, 2011
    Posted at: 1:04 am

    Hi Sunil Rao,
    http://i55.tinypic.com/jt4cq9.png
    post ur commments


  10. Sunil Rao Says:
    August 24th, 2011
    Posted at: 1:10 am

    Nifty: 50-day PWO momentum indicator closed near -880 today ... likely to face resistance near -750 (5007 on Nifty spot). A close above it tomorrow, may likely trigger some more upmove to -250 PWO (likely to be near 5200).


  11. YOGI Says:
    August 24th, 2011
    Posted at: 1:24 am

    Hi Sunil Rao/cb/abdu,
    http://i52.tinypic.com/292xj5i.png
    post ur comments
    and sup/res levels (intraday)


  12. Abdullah Says:
    August 24th, 2011
    Posted at: 1:37 am

    Hi YOGI, Nice one. Above 455, 463 will be the first resistance. If managed to cross that, next target will be 469-470 levels. Taking Fibonacci retacement from the high of the candle of 10/08/2011 till 23/08/2011, 38.2% is somewhere at 465 and 50% is at 470. A long lower shadow of today's candle suggest a bullish signal. Can initiate long with a stop of just below 450. For short term or intraday, I believe, Ichimoku does not come into the picture ---> will go for Ichimoku for analysing a bit longer term view. Before first resistance is reached, if the stock somehow breach 450, we can initiate short...


  13. arun bj Says:
    August 24th, 2011
    Posted at: 1:37 am

    cb superb rally in dow jones . . i bought for today august .5000 call at rs 21 . How many rs open up tomo . .


  14. Abdullah Says:
    August 24th, 2011
    Posted at: 1:38 am

    Hi Sunil Rao, GE :) Being nocturnal?


  15. CB Says:
    August 24th, 2011
    Posted at: 1:46 am

    Hi Sunil Rao, Good evening.. a link from Yogi somehow went in the unapproved section. I have approved it now. please review

    Hi arun bj, seems like 50 odd points higher..


  16. CB Says:
    August 24th, 2011
    Posted at: 1:46 am

    Hi YOGI, it seems canbank can test 438-440 in a day or 2.

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