Quotes with Resistance & Support
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Intraday calls for 26-08-10

Posted on: August 26th, 2010 at 8:19 am

Markets likely to see a flat opening. Support for nifty is at 5450 and resistance at 5500.

Buy Nava Bharat Ventures Ltd at 356.65, target: 366. Stoploss: 350
Buy Century Plyboards (India) Ltd at 67.50, target: 70.50. Stoploss: 65.

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469 Responses

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  1. SAI Says:
    August 26th, 2010
    Posted at: 4:13 pm

    ok Thanks CB


  2. Pr@$@nth Says:
    August 26th, 2010
    Posted at: 4:13 pm

    Hi CB, all most all stocks are recovering slowly but this bloody cipla is still going down yaar...
    wat to do with it?
    bought@316 now @307


  3. suzane Says:
    August 26th, 2010
    Posted at: 4:19 pm

    How was the closing of market ?? is that so clossing was under pressure .. If US and Asian market remains flat how will be our market ??
    Actually am trapped in a gamble with PrakashSteel ( new listed ) @ 202 ... Actually i placed the buy order with stoploss at yesterdays high assuming that it will do well once cross it .. But i was wrong and am trapped .. What to do ??
    As its new listing i know u wont guide and will give any suggestion technically .. But if it moves with market what can be its target ??


  4. raj Says:
    August 26th, 2010
    Posted at: 4:23 pm

    CB i have unitech october @ 84 it had gone to 87 but did not square now @ 80, pls suggest.. its october series so can hold till october expiry will it cross 95??


  5. Balaji Says:
    August 26th, 2010
    Posted at: 4:24 pm

    Hi CB how about India Foils and Smartlink Network Systems


  6. ARAVIND Says:
    August 26th, 2010
    Posted at: 4:25 pm

    Hi CB
    l bouhgt andhra sugar @129.5 with ur advice. can l hold or exit.


  7. AJ Says:
    August 26th, 2010
    Posted at: 4:37 pm

    CB guru....GARDEN SILK MILLS above 91...i havebought 5000 @ 92 today...
    whats ur take now...for a week?


  8. Prashant Says:
    August 26th, 2010
    Posted at: 4:50 pm

    Thanks Sirji

    Sirji if U remember i had asked you about india foils and GSL Nova, U had asked me hold

    i had hold them Within 2-3 days both have increased by 15 to 20 percent

    Thanks again


  9. Chida Says:
    August 26th, 2010
    Posted at: 5:00 pm

    Dear CB/Kartik,

    I want to buy POLYPLEX for 6 months. Pls. provide the target.
    Is there any other stocks that can provide 30% kind of return in 6 months?
    Pls suggest.

    Thanks in adv.


  10. Ravi Says:
    August 26th, 2010
    Posted at: 5:00 pm

    one of my friend holding sel manufacturing at 120, he is in huge loss, will it cross 120 in coming days, what to do should exit, hold or to average


  11. AR Says:
    August 26th, 2010
    Posted at: 5:28 pm

    At what level Unitech can be bought? what can be its target ?


  12. nithin2009 Says:
    August 26th, 2010
    Posted at: 5:34 pm

    CB....union bank is highly fluctuating in the past 4 trading sessions...any reason 4 dat?
    shall i re enter it around 325-330 for short term????


  13. S.MAHESH Says:
    August 26th, 2010
    Posted at: 5:40 pm

    GE


  14. S.MAHESH Says:
    August 26th, 2010
    Posted at: 5:45 pm

    Hi AJ,
    Looks very good may hit 95, 98 2 marrow and above 99 /100 may hit 103-104.
    Its 52 week high was 94.70.


  15. bikkie Says:
    August 26th, 2010
    Posted at: 6:04 pm

    Hi CB,

    Today I bought 5500 CE for sept expiry @ 80. today it closed on 86. At what level i can book profit.


  16. CB Says:
    August 26th, 2010
    Posted at: 6:06 pm

    Hi Sahil, can see 240

    Hi SAI, most welcome

    Hi Pr@$@nth, its likely to hold 305 since has good support there.

    Hi suzane, global markets are a bit flat. can see 190 tomorrow

    Hi raj, has some support at 78 hold it.

    Hi AJ, looks good. can see 97

    Hi Prashant, you are always welcome

    Hi Chida, its already rallied quite a bit. would advice to wait for some dip to enter it

    Hi Ravi, yes, he will need to avg near 40-43 levels.will recover back in med term

    Hi AR, if holds onto 78, one can enter it

    Hi nithin2009, no, not really sure why. dont enter banks as of now

    Hi S.MAHESH, Good evening

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