Quotes with Resistance & Support
Market Information

Intraday calls for 30-08-11

Posted on: August 30th, 2011 at 8:36 am

Markets likely to open higher, Resistance for nifty is at 4960.

Buy Axis bank at 1040, Target: 1060, SL 1025
(trade in small quantity)

10.35am- buy Idea at 100, target: 105. Stoploss: 96. (1-2 day hold)

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551 Responses

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  1. Rams Says:
    August 30th, 2011
    Posted at: 12:03 pm

    HI CB, How abt entering 5000 CE now ?


  2. Imran khan Says:
    August 30th, 2011
    Posted at: 12:04 pm

    Hi CB and KB,

    should i exit from idea its looks like slipping down?


  3. Gitanjali Says:
    August 30th, 2011
    Posted at: 12:04 pm

    Hi CB, OK..Thanks.


  4. Aravind Says:
    August 30th, 2011
    Posted at: 12:05 pm

    Hi CB,
    Nearest tgt of pantaloon. can l sell @cmp


  5. CB Says:
    August 30th, 2011
    Posted at: 12:05 pm

    Hi shiva, no. lets hold

    Hi thavva, around 4900. lets see how europe opens

    Hi Micky-intrday, :)

    Hi CA.Tejas, has strong support at 165 hold for now. keep sl near 165

    Hi Rams, not yet . lets wait till europe opens

    Hi Imran khan, hold for now.


  6. Gitanjali Says:
    August 30th, 2011
    Posted at: 12:05 pm

    Hi CB, Shall I hedge with 5800pe.. pl?


  7. CB Says:
    August 30th, 2011
    Posted at: 12:06 pm

    Hi Aravind, it can test 305

    Hi Gitanjali, yes. you mean 4800?


  8. Gitanjali Says:
    August 30th, 2011
    Posted at: 12:06 pm

    Hi Kb, hmm...ok.


  9. Aravind Says:
    August 30th, 2011
    Posted at: 12:08 pm

    Hi CB,
    Downside of jsw steel today.


  10. CB Says:
    August 30th, 2011
    Posted at: 12:08 pm

    Hi Aravind, can test 648


  11. Aravind Says:
    August 30th, 2011
    Posted at: 12:09 pm

    Thanks a lot CB.


  12. Preet Says:
    August 30th, 2011
    Posted at: 12:10 pm

    Hi cb/karthik,

    Can I buy renuka sugars at cmp? Wat is its short term target?


  13. Gitanjali Says:
    August 30th, 2011
    Posted at: 12:10 pm

    Hi CB, yes .. 4800PE


  14. SDG Says:
    August 30th, 2011
    Posted at: 12:11 pm

    hi CB, exited 4880 shorted with loss and entered 5000 CE @ 95. now it is also in red :-( please guide where to exit CE


  15. CB Says:
    August 30th, 2011
    Posted at: 12:11 pm

    Hi Aravind, most welcome

    Hi Preet, has support near 56, if breaks it could correct further. dont enter it yet

    Hi Gitanjali, yes, hedge for now.


  16. Imran khan Says:
    August 30th, 2011
    Posted at: 12:11 pm

    thanks cb

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