Quotes with Resistance & Support
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Intraday calls for 29-08-13

Posted on: August 29th, 2013 at 8:25 am

Markets likely to open slightly higher. Resistance for nifty is at 5380 and support at 5250 (closing basis).

Buy Jaiprakash associates at 33.80, target: 35.20. Stoploss: 32.50

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194 Responses

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Comment pages: 5678910111213Show all

  1. CB Says:
    August 29th, 2013
    Posted at: 1:22 pm

    Hi binesh, ok. it is seeing quite a bit of short covering

    Hi K K, no, not really sure yet

    Hi sankar, can add 20-25% for now

    Hi Neetu, its a hold with sl at 815 for now. has good support at 818-825.


  2. Atul Says:
    August 29th, 2013
    Posted at: 1:23 pm

    Silly Bounce back of 50-75 Points on Bank Nifty ahead.

    -Atul Agarawal.


  3. cvrprakash Says:
    August 29th, 2013
    Posted at: 1:25 pm

    Dear CB,

    Are you positive on Jp Asso even for holding for a week now.

    Today only Business Standard suggest short in JPA.
    Please share your present view on this. Thanks.


  4. rahul garg Says:
    August 29th, 2013
    Posted at: 1:25 pm

    when the sesa sterlite share credit.


  5. CB Says:
    August 29th, 2013
    Posted at: 1:26 pm

    Hi cvrprakash, it has strong support at 30-32 levels. can see some bounce from here

    Hi rahul garg, its seeing quite a bit of buying interest. dont go short on it yet.


  6. CB Says:
    August 29th, 2013
    Posted at: 1:27 pm

    got to go. shall be back by 5pm


  7. Vatsal Says:
    August 29th, 2013
    Posted at: 1:28 pm

    Hi CB, OKAY THANKS A LOT SIR.


  8. Neetu Says:
    August 29th, 2013
    Posted at: 1:29 pm

    Hi CB, It's SEPT 900CE RIL @10. which stoploss and target ...


  9. shweta Says:
    August 29th, 2013
    Posted at: 1:48 pm

    your views on tatacomm


  10. K K Says:
    August 29th, 2013
    Posted at: 2:04 pm

    Hi Atul, Do you have any updates on YES Bank ? What happened to its COURT case by its Ex-promoter ? Don't see any updates in Moneycontrol.


  11. SaiPalanivel Says:
    August 29th, 2013
    Posted at: 3:20 pm

    HI CB SIR,NIFTY SHORT COVERING OR REAL BUYING NIFTY 5430 CLOSING BASIS COMING DAYS UP MOVE FURTHER? YOUR VIEW PLEASE.


  12. ABC Says:
    August 29th, 2013
    Posted at: 3:35 pm

    HI CB,

    Your views on nifty fut sep series.....


  13. CB Says:
    August 29th, 2013
    Posted at: 5:17 pm

    Hi ABC, technically nifty does look a bit weak. selling pressure is likely to resume on rise.

    Hi SaiPalanivel, seems like short covering due to expiry

    Hi shweta, it has resistance at 171 levels. above this can head upto 182

    Hi Neetu, its a hold. can test 860


  14. MARIE Says:
    August 29th, 2013
    Posted at: 5:56 pm

    hi cb g, today bought rcom 105pe at 6 now at 3.75 sept series what can i do g


  15. CB Says:
    August 29th, 2013
    Posted at: 5:56 pm

    Hi MARIE, its a hold for now. keep sl at 125 levels. has some resistance here.


  16. moin Says:
    August 29th, 2013
    Posted at: 5:59 pm

    hi cb
    how sbi reacts in september
    i have in a big loss in cash for sbi
    will it comes 1550 in 2 to 3 days trading session or having a lower low in these month also
    should i come out of it or hold it

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