Quotes with Resistance & Support
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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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  1. Ritu Says:
    August 23rd, 2016
    Posted at: 8:58 am

    CB...is SBI stil in buy mode? can we short TCS today for intraday?


  2. CB Says:
    August 23rd, 2016
    Posted at: 8:59 am

    Hi Ezhil, syndicate can test 82. tata global around 145. bombay dyeing if holds onto 42, can bounce back

    Hi Raj, yes, does look strong.


  3. reya Says:
    August 23rd, 2016
    Posted at: 9:00 am

    can i hold tatamotor, tatachemical


  4. CB Says:
    August 23rd, 2016
    Posted at: 9:01 am

    Hi Ritu, can add sbin on dips near 248. tcs has some support at 2520. dont short yet

    Hi reya, yes, for tata motors keep sl at 499


  5. ramaswany Says:
    August 23rd, 2016
    Posted at: 9:04 am

    gm iam holding india chem cahs


  6. CB Says:
    August 23rd, 2016
    Posted at: 9:05 am

    Hi ramaswany, Good morning. it is in an uptrend. hold for few days.


  7. pjessi Says:
    August 23rd, 2016
    Posted at: 9:05 am

    good morning sir,relcapital future tgt and adaniport tgt for intraday?


  8. Anbu Says:
    August 23rd, 2016
    Posted at: 9:05 am

    CB, Holding Tataglobal @139. is it good to continue holding this until expiry?


  9. Deepak7791 Says:
    August 23rd, 2016
    Posted at: 9:05 am

    Dear CB

    Any chance for TCS and Techm to reverse from here and reach 2650 and 490 levels before expiry.

    If not can i rollover to Sep series?


  10. ramaswany Says:
    August 23rd, 2016
    Posted at: 9:05 am

    thanx sir


  11. reya Says:
    August 23rd, 2016
    Posted at: 9:06 am

    tatachemical what to do thanks in advance


  12. CB Says:
    August 23rd, 2016
    Posted at: 9:06 am

    Hi pjessi, Good morning. relcap can test 471. adani ports around 275. sl at 267

    Hi ramaswany, most welcome

    Hi Deepak7791, yes, may have to roll over. recovery by this expiry seems a bit unlikely

    Hi Anbu, yes, can test 144-145


  13. Anbu Says:
    August 23rd, 2016
    Posted at: 9:07 am

    CB, Thanks for reply ..


  14. CB Says:
    August 23rd, 2016
    Posted at: 9:07 am

    Hi reya, it is looking strong. can test 550

    Hi Anbu, most welcome.


  15. Monisha Says:
    August 23rd, 2016
    Posted at: 9:08 am

    Thank u sir


  16. Deepak7791 Says:
    August 23rd, 2016
    Posted at: 9:08 am

    ok. Will do..

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