Quotes with Resistance & Support
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Intraday calls for 30-08-10

Posted on: August 30th, 2010 at 8:21 am

Markets likely to open gap-up.

Buy Escorts at 196, Target: 202, SL 192 – Book profits at 202.30

11.07am – buy hero honda at 1796, target: 1810. Stoploss: 1780 – (Continue to hold Hero honda till tomorrow. Is near strong support levels, likely to bounce back. Maintain same sl of 1780)

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459 Responses

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  1. CB Says:
    August 30th, 2010
    Posted at: 12:48 pm

    Hi Rikin, yes, hold it. if possible buy a 110 put to hedge for now

    Hi ashish kabra ji, yes, hold it

    Hi Gopal, yes. hold it.

    Hi k.elanggovan, in small quantity.


  2. Subhashis Says:
    August 30th, 2010
    Posted at: 12:49 pm

    Hi CB, I have bought EIHOTEL at 150 today. But it has come down now. Can I hold it for upside target or better to book loss.


  3. Ravi Says:
    August 30th, 2010
    Posted at: 12:49 pm

    i have taken uco bank at 113.60 for intraday, now it came to 112.40, what to do, at what price can i place sell order.


  4. CB Says:
    August 30th, 2010
    Posted at: 12:50 pm

    Hi Anjali, no, don't short it yet. short if moves higher near 980

    Hi Ansar, thanks. yes, IT is going down due to the recent news. keep sl near 165. very strong support at 165-168.


  5. KAVITA Says:
    August 30th, 2010
    Posted at: 12:50 pm

    HI CB SIR,
    I hv shorted MASTEK @253 and ROLTA @163.50. What will be possible target for exit


  6. subhasis Says:
    August 30th, 2010
    Posted at: 12:50 pm

    Hi CB, please tell me about the query of short term target of vivimed lab.


  7. Anjali Says:
    August 30th, 2010
    Posted at: 12:50 pm

    Hi CB/Kartik............u missed my query ...U r view on icicibank ......should i short this? thank you


  8. fayzad Says:
    August 30th, 2010
    Posted at: 12:51 pm

    hi CB
    is there any rational in the way price movement is seen in Prakash Steelage.
    do you see a downside or upside in this stock in the coming days ??
    f


  9. Kelly Says:
    August 30th, 2010
    Posted at: 12:51 pm

    Before taking entry one must always check 3,5 n 9 day's SMA


  10. Anjali Says:
    August 30th, 2010
    Posted at: 12:51 pm

    ok//////thank you cb


  11. Pr@$@nth Says:
    August 30th, 2010
    Posted at: 12:52 pm

    Hiey CB,
    what to do with cipla... is it will reach above 316? by sep expiry?
    am thinking to wrap out...


  12. CB Says:
    August 30th, 2010
    Posted at: 12:52 pm

    Hi Subhashis, looks good. can see 157

    Hi Ravi, hold it. keep sl at 111.80. markets are seeing some selling pressure

    Hi KAVITA, mastek can see 249. rolta around 161

    Hi subhasis, looks strong. can see 260

    Hi Anjali, yes,one can go short on it.


  13. Karan Sharma Says:
    August 30th, 2010
    Posted at: 12:53 pm

    Plz tell some stocks to Buy/Sell in Futures for short term?


  14. CB Says:
    August 30th, 2010
    Posted at: 12:53 pm

    Hi fayzad, no, cannot be sure about it since its a new lisitng

    Hi Anjali, most welcome

    Hi Pr@$@nth, yes, hold it. likely to bounce back


  15. Kelly Says:
    August 30th, 2010
    Posted at: 12:55 pm

    Nifty : -
    SMA [close, 3]:5450.00SMA [close, 5]:5480.00 SMA [close, 9]:5485.00.
    Pivot Point – 5432.00
    Resistance – 5471.00, 5535.00, 5598.00.
    Support - 5369.00, 5329.00, 5266.00.


  16. smh Says:
    August 30th, 2010
    Posted at: 12:55 pm

    c/kartik why is the mkt selling off even when all asian mkts are up by 1% & more

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