Quotes with Resistance & Support
Market Information

Intraday calls for 26-08-11

Posted on: August 26th, 2011 at 8:20 am

Markets likely to open flat, next support at 4780, resistance at 4860

Buy GMDC at 179, Target: 184, SL: 175

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524 Responses

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  1. CB Says:
    August 26th, 2011
    Posted at: 1:37 pm

    Hi himanshu, yes, seems so

    Hi sheeja, its not a buy yet

    Hi raj, nice to hear that


  2. gayaram Says:
    August 26th, 2011
    Posted at: 1:37 pm

    Hi Kb, will nifty give chance to exit from longs and ce? how long will it raise.


  3. CB Says:
    August 26th, 2011
    Posted at: 1:38 pm

    Hi Madhes, sorry to hear that. considering this weakness its best to wait for few days before investing again. with all the news flow around, markets are going a bit weak


  4. Ganesha Says:
    August 26th, 2011
    Posted at: 1:39 pm

    hi cb....bought SBI 1900 P.E @83...CMP ...92....should i exit or hold for some more downside?


  5. SDG Says:
    August 26th, 2011
    Posted at: 1:40 pm

    Hi CB, Good Afternoon, yesterday inspite of your warning I shorted IDEA @ 96, should have listened to you :-( its near my price today ..s so shall I exit today or it may fall some more considering market conditions? please guide..


  6. CB Says:
    August 26th, 2011
    Posted at: 1:41 pm

    Hi Ganesha, yes, can test 1880-1890.


  7. namonia Says:
    August 26th, 2011
    Posted at: 1:41 pm

    sir holding gmdc in heavy loss in future help me not placed s/l what can do go with hedge


  8. CB Says:
    August 26th, 2011
    Posted at: 1:42 pm

    Hi SDG, Good afternoon. ok.. it has some support at 95-96. if breaks it can see 92. hold for now. if possible hedge with a call.


  9. Ganesha Says:
    August 26th, 2011
    Posted at: 1:42 pm

    Hi CB, thanks...


  10. CB Says:
    August 26th, 2011
    Posted at: 1:43 pm

    Hi namonia, enter a 4800 put for now to hedge. technically gmdc looks good. hold for now.

    Hi Ganesha, most welcome.


  11. Kb Says:
    August 26th, 2011
    Posted at: 1:44 pm

    Hi gayaram, it can bounce to 4840/50 .. well that even not a necessary .. if hold weak with volumes below 4800..


  12. gayaram Says:
    August 26th, 2011
    Posted at: 1:44 pm

    Hi CB, will nifty see any upmove today to exit from longs and 5000 ce.


  13. CB Says:
    August 26th, 2011
    Posted at: 1:45 pm

    Hi gayaram, seems may remain a bit weak today


  14. Ganesha Says:
    August 26th, 2011
    Posted at: 1:45 pm

    Hi CB, nice name...


  15. CB Says:
    August 26th, 2011
    Posted at: 1:46 pm

    Hi Ganesha, thanks.


  16. Ganesha Says:
    August 26th, 2011
    Posted at: 1:46 pm

    Hi CB, ok no probs..

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