Quotes with Resistance & Support
Market Information

Intraday calls for 28-08-14

Posted on: August 28th, 2014 at 8:28 am

Markets likely to open slightly higher. Resistance for Nifty is at 7980 and support at 7860

Sell Reliance capital on rise near 545-546. target: 536. Stoploss: 551.

Thought for the day: “I’m only rich because I know when I’m wrong. I basically have survived by recognizing my mistakes.” George Soros (Net Worth $22 Billion)

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332 Responses

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  1. suresh M Says:
    August 29th, 2014
    Posted at: 6:11 pm

    hi CB is south indian bank bottomed out? can i start adding it?


  2. CB Says:
    August 29th, 2014
    Posted at: 6:14 pm

    Hi suresh M, not yet. has strong support at 26.50-27 levels. if holds onto it a bit longer, can bounce back to 32. for now can add in small quantity


  3. suresh M Says:
    August 29th, 2014
    Posted at: 6:46 pm

    thanks CB, can we enter in balrampur chini on monday for short term?


  4. CB Says:
    August 29th, 2014
    Posted at: 7:15 pm

    Hi suresh M, most welcome. not yet. it has resistance at 75


  5. JAI0 Says:
    August 29th, 2014
    Posted at: 7:32 pm

    HI CB, GOOD EVENING. WHAT IS THE TARGET FOR IOB ON MONDAY?. AM HOLDING BUY POSITION. YOUR VIEW PLEASE. THANKS


  6. abhishek Says:
    August 29th, 2014
    Posted at: 7:55 pm

    CB
    Can i enter Bank of baroda now around 866..?


  7. CB Says:
    August 29th, 2014
    Posted at: 8:38 pm

    Hi abhishek, no, not yet

    Hi JAI0, Good evening. its a hold with sl at 59.80 for now.


  8. abhishek Says:
    August 29th, 2014
    Posted at: 11:12 pm

    Hi CB can i short PNB below 940 for 900(cash price)...in FNO?


  9. CB Says:
    August 29th, 2014
    Posted at: 11:14 pm

    Hi abhishek, not yet. its near support levels.


  10. surya Says:
    August 30th, 2014
    Posted at: 12:27 am

    GM CB Sir, Planning to invest 25K in both ATM of CE & PE of any option scipt. suggest me which is best ?


  11. CB Says:
    August 30th, 2014
    Posted at: 10:13 am

    Hi surya, Good morning. can go with bank nifty for now


  12. Raushan Says:
    August 30th, 2014
    Posted at: 12:10 pm

    cb sir i think these company will react some position move on Monday because MD OF These company had gone Japan with OUR PM
    BHARAT FORGE
    RELIANCE
    ICICI
    WIPRO
    BHARTI
    MARUTY
    AND MANY MORE
    CAN I GO WITH BHARAT FORGE OR MARUTY ON MONDAY ?


  13. CB Says:
    August 30th, 2014
    Posted at: 1:30 pm

    Hi Raushan, no, not really sure of entering these for intraday. Bharat forge is facing resistance near 800. Maruti has resistance near 2780-2800


  14. PKP Says:
    August 30th, 2014
    Posted at: 1:34 pm

    'Happy Lord Ganesha Festival' to all.....
    CB sir, can i enter bank nifty 16000 ce on monday and if yes then opening only i can enter or shall wait... pls suggest the target for the same.


  15. CB Says:
    August 30th, 2014
    Posted at: 1:36 pm

    Hi PKP, Wish you the same.. Happy Ganesh Chaturthi.. yes. can enter ce with sl near 15600 for now. does look strong.


  16. bala Says:
    August 30th, 2014
    Posted at: 1:48 pm

    Cb sir please suggest technically ubhl is strong or not for shortterm

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