Quotes with Resistance & Support
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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. SAI Says:
    August 30th, 2011
    Posted at: 3:24 pm

    HI CB THANKS FOR THE TIMELY REPLY


  2. sandeep Says:
    August 30th, 2011
    Posted at: 3:25 pm

    cb...........can we buy BAJAJ FINSERV as its fallen by 18% today from days high?
    plz reply


  3. palanivel Says:
    August 30th, 2011
    Posted at: 3:25 pm

    HI CB SIR, GE. DLF UNEXPECTED MOVING UP SIDE 7% ANY REASON REALITY SECTOR GOOD NEWS? CB SIR.


  4. CB Says:
    August 30th, 2011
    Posted at: 3:25 pm

    Hi chehzigng, hold it for some time, keep a Sl at 692

    Hi SS, continue to hold it till Friday

    Hi swamy, exit from 3 of them for now, keep the rest for another 2-3 days


  5. Lalith Says:
    August 30th, 2011
    Posted at: 3:26 pm

    Hi CB, please advise about alka securities, what is wrong with the company everyday making new lifetime lows... any news on it, something wrong with the business, i'm holding at 5, so doesn't make sense to exit anyways just wanted your valuable advise if we can expect the company to grow next year onwards.....


  6. Imran khan Says:
    August 30th, 2011
    Posted at: 3:26 pm

    Hi CB, can i buy Manappuram Finance for 1 week.


  7. Shiv Says:
    August 30th, 2011
    Posted at: 3:26 pm

    CB can i enter 4900PE @ cmp ?


  8. CB Says:
    August 30th, 2011
    Posted at: 3:27 pm

    Hi palanivel, no, not sure, yesterday there was a some buzz saying it may sell Noida IT park stake to IDFC

    Hi sandeep, no, dont enter now

    Hi SAI, most welcome


  9. sandeep Says:
    August 30th, 2011
    Posted at: 3:27 pm

    cb...........can we buy BAJAJ FINSERV as its fallen by 18% today from days high?
    plz replyyyyy


  10. CB Says:
    August 30th, 2011
    Posted at: 3:27 pm

    Hi Shiv, no, wait till Friday

    Hi Imran khan, no, dont enter it yet


  11. Kb Says:
    August 30th, 2011
    Posted at: 3:27 pm

    Book longs & exit ......


  12. palanivel Says:
    August 30th, 2011
    Posted at: 3:27 pm

    nifty test 5030.and turn further 4700 level?coming days CB SIR.


  13. wasey Says:
    August 30th, 2011
    Posted at: 3:27 pm

    would you advice if Suzlon,GTL and Punj are good at cmp for a ONE year term?


  14. Imran khan Says:
    August 30th, 2011
    Posted at: 3:28 pm

    ok cb, :) thanks


  15. swamy Says:
    August 30th, 2011
    Posted at: 3:29 pm

    Hi Cb I have 1lot of petronet lng for Rs 178.1 shall I Hold?


  16. CB Says:
    August 30th, 2011
    Posted at: 3:29 pm

    Hi wasey, no, they look weak technically, would be better towait for some time

    Hi palanivel, can see some profit booking ahead, not sure of 4700 yet

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