Quotes with Resistance & Support
Market Information

Intraday calls for 23-08-16

Posted on: August 23rd, 2016 at 8:29 am

Markets likely to open slightly lower. Support for Nifty is at 8580 and resistance at 8700. Bank nifty has support at 19100 and resistance at 19500.

If markets show recovery later during the day, buy: UPL

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184 Responses

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Comment pages: 456789101112Show all

  1. rahul Says:
    August 23rd, 2016
    Posted at: 2:57 pm

    Market looks bearish may nifty seen below 8500


  2. BABU ANBALAGAN Says:
    August 23rd, 2016
    Posted at: 3:00 pm

    Greetings CB Sir,
    please throw some light on deepak fertilizers. can i hold or sell it off ? holding at Rs. 155 and its of 200 now.


  3. CB Says:
    August 23rd, 2016
    Posted at: 3:02 pm

    Hi RK, these are a hold. can add 2-3%

    Hi vijayk, yes, technically does look strong. lets hold for another 1-2 days. hdfcbank can test 1265 tomorrow

    Hi SKB, its in an uptrend. hold for now

    Hi reya, most welcome. hold tata motors for now. dont add more

    Hi Manish, its a hold. looks strng

    Hi Ritu, no, not really sure yet

    Hi ramaswany, its a hold for now. sl near 835. has good support near 840. can bounce back from here

    Hi Prathmesh, most welcome

    Hi laxmi, yes, looks strong

    Hi RuchitM, seems may close near 1190


  4. CB Says:
    August 23rd, 2016
    Posted at: 3:04 pm

    Hi BABU ANBALAGAN, does look strong. would advice to book 50% profits if it breaks 200. rest can hold for short term


  5. Deepak7791 Says:
    August 23rd, 2016
    Posted at: 3:05 pm

    Dear CB
    iry
    TCS has reversed . Do you see 2700 before AUG Expiry?


  6. CB Says:
    August 23rd, 2016
    Posted at: 3:06 pm

    Hi Deepak7791, 2700 seems a bit unlikely. can test 2640 if markets remain strong


  7. kartikey mishra(trader) Says:
    August 23rd, 2016
    Posted at: 3:06 pm

    buy rcom august future 51.60


  8. reya Says:
    August 23rd, 2016
    Posted at: 3:10 pm

    cb shall i enter bharatforge now


  9. Tirumala Says:
    August 23rd, 2016
    Posted at: 3:10 pm

    Can i hold HDFCBank 1260CE another 2 days? currently its down and huge lose


  10. CB Says:
    August 23rd, 2016
    Posted at: 3:10 pm

    Hi reya, no, already rallied quite a bit

    Hi Tirumala, yes, should see a bounce in a day or 2


  11. AJ Says:
    August 23rd, 2016
    Posted at: 3:11 pm

    IRB will cross 236 before close?


  12. CB Says:
    August 23rd, 2016
    Posted at: 3:12 pm

    Hi AJ, seems a bit unlikely


  13. Niki Says:
    August 23rd, 2016
    Posted at: 3:12 pm

    Sir Tom market may open positive ?.


  14. YASH Says:
    August 23rd, 2016
    Posted at: 3:13 pm

    CB
    ONGC Target before exp


  15. Tirumala Says:
    August 23rd, 2016
    Posted at: 3:13 pm

    Thank you CB. Lets hope for the best


  16. CB Says:
    August 23rd, 2016
    Posted at: 3:13 pm

    Hi Niki, yes, seems so

    Hi YASH, can test 244 if holds onto support of 235-136

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