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. SunilRao Says:
    August 26th, 2010
    Posted at: 8:24 pm

    Good Evening All...


  2. Shekhar Says:
    August 26th, 2010
    Posted at: 9:13 pm

    Hi CB! JP Associates has given a close which is lowest in almost 15 months. What is your outlook on it? Can one go short on it? Pls. suggest targets and SL for long or short trade from current levels as you see fit.


  3. CB Says:
    August 26th, 2010
    Posted at: 9:16 pm

    Hi Name (required), lic and reliance can see some bounce.

    Hi Name (required), strong support near 5350. seems may test it once.

    Hi raj, they are looking a bit weak. dont enter them yet

    Hi AR, if holds onto it. can see 88

    Hi LEO, some selling pressure is coming in on rise.

    Hi jaswin, has strong support at 175. can see some from here.

    Hi Aman, Good evening. seems may see a flat opening tomorrow

    Hi sudheer, seeing some profit booking. hold onto it for now.

    Hi nithin2009, not really sure. is facing some resistance at 15

    Hi LEARNER, they are a hold for now. wont really move much if markets remain flat.

    Hi Trader, can see 10600. hold it.

    Hi Prashant, can see 25

    Hi Ravi, can see 116

    Hi rikin, hold them for 1-2 weeks

    Hi suzane, i replied above

    Hi SunilRao, Good evening

    Hi Abhi, yes, we will need to hold them. wont move much if markets remain weak.


  4. CB Says:
    August 26th, 2010
    Posted at: 9:18 pm

    Hi Shekhar, yes, looks weak. can see 110


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

    hi sunilrao good eve... Very low visibility these days... Whr were you? What ur sw says for market trend in sep?


  6. KALHAN Says:
    August 26th, 2010
    Posted at: 9:32 pm

    Hi CB, Need a help regarding Prakash Steelage.. As i know there is no chart of the same. But c'd you let me know what will be tomorrow's target. I am having 1000 share of Rs 183, Should i hold or sell. Thanks in advance


  7. suzane Says:
    August 26th, 2010
    Posted at: 9:34 pm

    Hi CB, okay thanks for replying , now am able to view that ..
    which one is best for tommorow buying (for intraday only)
    1. BajajHolding
    2. Crompton Greaves
    3. Enil
    4. Kalyani Steel Ltd ( cmp 281 )

    are they all good to buy for intraday tommorow ?


  8. Raman Says:
    August 26th, 2010
    Posted at: 9:38 pm

    THANKS SIR CAN RUCHI SOYA WILL COME DOWN?


  9. CB Says:
    August 26th, 2010
    Posted at: 9:50 pm

    Hi KALHAN, it can see 188 tomorrow

    Hi suzane, Bajaj Holdings above 772 looks strong

    Hi Raman, it looks strong above 125, likely to trade strong


  10. hitesh Says:
    August 26th, 2010
    Posted at: 9:59 pm

    hi cb boughgt ucal fuels today ur opinion


  11. zsagar Says:
    August 26th, 2010
    Posted at: 10:00 pm

    Hi CB, How will be tomorrows market sessions ?
    I hold Sobha Fut @ 364 . Tomorrows target ?
    How about Hindpetro Fut ? Can I buy it on Dips tomorrow ? so pls tell me an entery price for One week hold an targt with Stoploss pls ?


  12. Abhi Says:
    August 26th, 2010
    Posted at: 10:08 pm

    ohh cb...so do u mean to say markets will be weak in september and i did a mistake by rolling over..:(. pls suggest what targets can they see for dish tv and unitech futures in september?
    thanks


  13. naga Says:
    August 26th, 2010
    Posted at: 10:17 pm

    i have neyveli @174 what is the future shall i hold it or comeout of it?


  14. sisir Dhar Says:
    August 26th, 2010
    Posted at: 10:25 pm

    SIR. CAN I BUY REL.INDUSTES 960 CALL @ TOMORROWS CMP


  15. SunilRao Says:
    August 26th, 2010
    Posted at: 10:25 pm

    Good Evening CB :)

    Hi anurag, Sorry had some internet issues. The markets have rallied quite a lot in the last 3 months and is due for a correction. Global markets are looking weak too. Overall Nifty will remain weak under 5500 with supports @ 5390 and 5345, below which we may see some more downside. One can short Nifty on rise keeping SL @ 5540.


  16. sureshkk83 Says:
    August 26th, 2010
    Posted at: 10:31 pm

    our market is still bullish

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