Quotes with Resistance & Support
Market Information

Intraday calls for 24-08-16

Posted on: August 24th, 2016 at 8:32 am

Markets likely to open slightly lower. Support for Nifty is at 8580 and resistance at 8720. Bank Nifty has support at 19100 and resistance at 19500

If markets show recovery later during the day, buy: Bank of India

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129 Responses

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  1. CB Says:
    August 24th, 2016
    Posted at: 3:21 pm

    Hi Kishan Rathi, its a hold. looks strong

    Hi Manish, yes, is a good bet

    Hi rajat, no, is still looking weak


  2. Name (required) Says:
    August 24th, 2016
    Posted at: 3:27 pm

    Sir Ur view on emco,Jain irrigation, berger paint, for short term


  3. reya Says:
    August 24th, 2016
    Posted at: 3:27 pm

    cb tomorrow target pls thanks in advance


  4. Sumit Says:
    August 24th, 2016
    Posted at: 3:28 pm

    Hello Sir, Is Just Dial at CMP a good bet for a 3-5 months horizon?


  5. mythili Says:
    August 24th, 2016
    Posted at: 3:30 pm

    sir about tata steel , bank of india shall i hold


  6. vijayk Says:
    August 24th, 2016
    Posted at: 3:33 pm

    So holding HDFCBANK and KOTAK for tomorrow...thank you CB...

    Please suggest on Yesbank, thinking to enter tomorrow morning for intraday?


  7. Partha Says:
    August 24th, 2016
    Posted at: 3:43 pm

    Hi Sir,
    can you comments about Welspun India Limited which is down last 3 days.shall we buy or to avoid this script? can you pls guide me.
    Thanks
    PArtha


  8. kumar Says:
    August 24th, 2016
    Posted at: 3:44 pm

    view on EID PARRY please CB.


  9. CB Says:
    August 24th, 2016
    Posted at: 3:49 pm

    Hi kumar, its facing resistance at 260 levels a close above this can take it higher to 275

    Hi vijayk, most welcome. yes bank looks stretched. not really sure of entering it now

    Hi mythili, yes, these are good short term bets

    Hi Sumit, technically its still looking weak. has found sme support at 455-460. can enter 25% for now

    Hi reya, can test 608

    Hi Name (required), berger can test 255-258. emco can test 34. jain irr around 90


  10. CB Says:
    August 24th, 2016
    Posted at: 3:50 pm

    Hi Partha, there is negative news flow on this script. best to avoid it.


  11. Raj Says:
    August 24th, 2016
    Posted at: 4:04 pm

    Hello CB,

    planning to add some pharma stocks for long term.. amy suggestion? how is CIPLA fundamentally?


  12. Madhu Says:
    August 24th, 2016
    Posted at: 4:22 pm

    Hello CB,

    Good morning

    I am planning on investing close to 1 lakh on any stock for 3 to 5 years,
    Could you please recomend any stock ?

    Thanks
    Madhu


  13. PCS Says:
    August 24th, 2016
    Posted at: 4:47 pm

    CB sir, for future trading how much capital required sir. I want to join your future services


  14. zia Says:
    August 24th, 2016
    Posted at: 11:35 pm

    CBSIR WHAT IS THE TARGET FOR EUR INR TILL FRIDAY UP OR DOWN


  15. CB Says:
    August 25th, 2016
    Posted at: 8:16 am

    Hi zia, no, not really sure about currencies

    Hi PCS, sure, around 30-40k

    Hi Madhu, Good morning. best to wait for a dip in markets before investing. can accumulate ril, sbin, merck and lupin

    Hi Raj, yes, cipla is a good bet. can accumulate in small quantities on dips as these are going a bit weak technically. for long term these are good bets.


  16. sravan kumar Says:
    August 30th, 2016
    Posted at: 5:51 pm

    what is the target of JBM Auto for intraday tomorrow

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