Intraday calls for 28-08-14
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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suresh M Says:
August 29th, 2014
Posted at: 6:11 pm
hi CB is south indian bank bottomed out? can i start adding it?
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
suresh M Says:
August 29th, 2014
Posted at: 6:46 pm
thanks CB, can we enter in balrampur chini on monday for short term?
CB Says:
August 29th, 2014
Posted at: 7:15 pm
Hi suresh M, most welcome. not yet. it has resistance at 75
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
abhishek Says:
August 29th, 2014
Posted at: 7:55 pm
CB
Can i enter Bank of baroda now around 866..?
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.
abhishek Says:
August 29th, 2014
Posted at: 11:12 pm
Hi CB can i short PNB below 940 for 900(cash price)...in FNO?
CB Says:
August 29th, 2014
Posted at: 11:14 pm
Hi abhishek, not yet. its near support levels.
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 ?
CB Says:
August 30th, 2014
Posted at: 10:13 am
Hi surya, Good morning. can go with bank nifty for now
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 ?
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
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.
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.
bala Says:
August 30th, 2014
Posted at: 1:48 pm
Cb sir please suggest technically ubhl is strong or not for shortterm