Quotes with Resistance & Support
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Intraday calls for 19-08-13

Posted on: August 19th, 2013 at 8:28 am

Markets likely to open lower. Support for nifty is at 5480 and resistance at 5560

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207 Responses

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  1. Kartik Says:
    August 19th, 2013
    Posted at: 7:07 pm

    Hi PKP, hold Tat steel PE with a tight SL at 252 (cash)

    Hi PRAHA, 305 acts sai st strong support, once broken can dip upto 290

    Hi ramsingh, it could give a bounce upto 12.45 tomorrow


  2. PKP Says:
    August 19th, 2013
    Posted at: 7:12 pm

    Dear Sir,
    am talking about Tata Steel 260 CE not PE
    what will be the target.... or can be seen tomorrow


  3. pankaj Says:
    August 19th, 2013
    Posted at: 7:30 pm

    hi kartik sir
    can i buy kotak bank& itc at this level?


  4. Vishal Says:
    August 19th, 2013
    Posted at: 8:03 pm

    Hi Kartik, Hi. Will USL recover in 1-2 days and can we see 2400+ also?


  5. varun Says:
    August 19th, 2013
    Posted at: 8:16 pm

    Hi I have 5500 CE at 44. What are your views on market tomorrow.What should be the stoploss


  6. Kartik Says:
    August 19th, 2013
    Posted at: 8:40 pm

    Hi PKP, sorry, 250 acts as its strong resistance, above which it can do well, hold it with a Sl at 242 (cash)

    Hi Vishal, 2400 looks unlikely in it, its been trading weak with the Markets

    Hi pankaj, wait for some more downside in them

    Hi varun, we could see a small technical bounce in 1-2 days time, would be better to e xit it on rise as Markets look weak voerall


  7. Rami Says:
    August 19th, 2013
    Posted at: 8:50 pm

    Sir,Indiabulls real was strong today,can i short it tomorrow at opening?SL and tgt plz


  8. prashanth 1980 Says:
    August 19th, 2013
    Posted at: 8:50 pm

    sir financial tech tomorrow. and also KTK, can bank, BOB tomorrow?


  9. raushan Says:
    August 19th, 2013
    Posted at: 8:52 pm

    cb&kartic sir i have not much knowledge about brokers company
    i have my potfoliyo in broker Motilal oswal and BMA wealth creater
    some NESL curroption is going on
    should i pannic?


  10. Kartik Says:
    August 19th, 2013
    Posted at: 9:35 pm

    Hi Rami, go short if it breaks 59 (cash)

    Hi prashanth 1980, they are likely to trade flat, avoid them for Intraday

    Hi raushan, can you share the link for the news on it


  11. abhi Says:
    August 19th, 2013
    Posted at: 10:16 pm

    http://postimg.org/image/q6xflv2w5/

    is this a rising wedge ?


  12. Kartik Says:
    August 19th, 2013
    Posted at: 10:49 pm

    Hi abhi, it has, but its broken its support of 3050 in the end


  13. Sohan Says:
    August 19th, 2013
    Posted at: 11:43 pm

    Hello CB,

    If food security bill is passed then what will be the effect on markets.

    Sohan


  14. sanjaygoti Says:
    August 19th, 2013
    Posted at: 11:46 pm

    hi cb sir hero moto level


  15. Kartik Says:
    August 19th, 2013
    Posted at: 11:51 pm

    Hi Sohan, not likely to have a immediate impact

    Hi sanjaygoti, strong support at 1890, seems may sustains above 1900 for a couple of days before moving up further


  16. Sohan Says:
    August 20th, 2013
    Posted at: 12:13 am

    Hi Kartik, Thanks.

    But looks like this is an important sentimental point of view for markets.

    Does it look like a good opportunity to take risk.

    Sohan

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