Quotes with Resistance & Support
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Intraday calls for 31-08-12

Posted on: August 31st, 2012 at 8:33 am

Markets likely to open flat. Resistance for nifty is at 5350

Buy Bank of Baroda at 632-636, target: 650. Stoploss: 622 – (Continue to hold BOB as btst. its near strong support levels and can see a bounce from here.)

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705 Responses

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  1. Akash Says:
    August 31st, 2012
    Posted at: 12:06 pm

    Hi CB, AP Paper is now at 347 :(


  2. PRADIP Says:
    August 31st, 2012
    Posted at: 12:07 pm

    HI CB,
    CAN USD/INR BE SHORTED AT CURRENT LEVELS?


  3. CB Says:
    August 31st, 2012
    Posted at: 12:07 pm

    Hi micky-intrday, no, not sure yet

    Hi lonely, most welcome.


  4. CB Says:
    August 31st, 2012
    Posted at: 12:08 pm

    Hi PRADIP, yes. can test 55.30


  5. PARTHA Says:
    August 31st, 2012
    Posted at: 12:08 pm

    CAN IBUY REN SUG


  6. Akash Says:
    August 31st, 2012
    Posted at: 12:08 pm

    Hi CB, AP Paper 346 now. Exit and buy more of BOB to cover loss or exzit BOB and buy more of AP paper? or hold both?


  7. Aabha Says:
    August 31st, 2012
    Posted at: 12:09 pm

    Hi CB, What will be the downside target for LIC Housing?


  8. CB Says:
    August 31st, 2012
    Posted at: 12:09 pm

    Hi Akash, can hold for 2-3 days, if not then exit.

    Hi PARTHA, no, looks a bit weak. can go with balrampur for short term.


  9. CB Says:
    August 31st, 2012
    Posted at: 12:10 pm

    Hi Aabha, can test 239-240 if markets remain weak


  10. Vinay Says:
    August 31st, 2012
    Posted at: 12:10 pm

    hi...thnx aabha :D..was gona ask the same thng..


  11. Mahesh Says:
    August 31st, 2012
    Posted at: 12:11 pm

    Hi CB,

    What is ur view now on Nifty..... I am holding the below options. pls suggest which is hold & exit for today.

    5000PE @ 14.50; CMP is 14.75 -15
    5400CE @ 47.50; CMP is 53-54
    5600CE @ 8.00; CMD is 9.40-9.50


  12. nagesh Says:
    August 31st, 2012
    Posted at: 12:11 pm

    CB you missed my query


  13. Akash Says:
    August 31st, 2012
    Posted at: 12:12 pm

    Hi CB, I bought it in Margin so cannot hold after 3 PM today. :( Wht to do now?


  14. CB Says:
    August 31st, 2012
    Posted at: 12:13 pm

    Hi Mahesh, as of now hold these. seems can test 5340 on the upside

    Hi nagesh, no, not sure of shorting these yet

    Hi Akash, ok. lets hold.


  15. Akash Says:
    August 31st, 2012
    Posted at: 12:13 pm

    Hi CB, I shud have exited AP Paper when I was in 1 Rs. profit.. Now 10 Rs. loss.. Wht to do? Looks like going further down. Now above 345 :(


  16. Vinay Says:
    August 31st, 2012
    Posted at: 12:14 pm

    hi CB , european markets are poised to open dwn??wl our markets slip further today??

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