Quotes with Resistance & Support
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Intraday calls for 04-08-11

Posted on: August 4th, 2011 at 8:26 am

Markets likely to open flat, Nifty faces support at 5370

Buy Tata Chemicals at 350, Target: 357, SL 344

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487 Responses

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  1. Kb Says:
    August 4th, 2011
    Posted at: 2:48 pm

    Hi Srinu, exit on bounce

    Hi SAI, safe to enter on bounce .. 5320/00 seems to be the bottom of range.. its time to hold the short with tr. stop (that's entered below 5470- positional view)


  2. Neetu Says:
    August 4th, 2011
    Posted at: 2:54 pm

    Edcomp SL trigger Exit ... Hold Short term trader ... stop 310 taget 340


  3. Mahe Says:
    August 4th, 2011
    Posted at: 2:54 pm

    Hi KB,

    I am long on HDIL @ 137 now 130.5. Shall i book the loss or wait for some time?


  4. sunny Says:
    August 4th, 2011
    Posted at: 2:59 pm

    if every1 is shorting then when will be the short covering?


  5. Kartik Says:
    August 4th, 2011
    Posted at: 2:59 pm

    sorry guys, just came back

    Hi Mahe, enter a PE to hedge, it looks weak

    Hi AJ, Yes, given a sharp bounce


  6. SS Says:
    August 4th, 2011
    Posted at: 2:59 pm

    Hi Kb,
    Are you expecting bounce from here ?


  7. SS Says:
    August 4th, 2011
    Posted at: 3:03 pm

    Hi Kartik,
    Any news for mkt going down ? Global is flat...any chance of recovery ?


  8. AT Says:
    August 4th, 2011
    Posted at: 3:03 pm

    Kartik,

    Nifty broken 5350........where is next strong support?? also, shall i enter CE near that strong support??? PLease advise


  9. Kb Says:
    August 4th, 2011
    Posted at: 3:03 pm

    Hi Mahe, its weak

    Hi SS, not yet


  10. wasey Says:
    August 4th, 2011
    Posted at: 3:03 pm

    Kartik can I enter Wipro at cmp for short to medium term?


  11. sandeep Says:
    August 4th, 2011
    Posted at: 3:03 pm

    karthik.........can we short TCS @current price for target of 1050 in the next 5 days?
    if so plz give stoploss for it
    plz reply


  12. sunny Says:
    August 4th, 2011
    Posted at: 3:03 pm

    hi kartik icici bank is trading below 995. should i wait in august future bought at 1012 or book heavy loss?


  13. Kartik Says:
    August 4th, 2011
    Posted at: 3:04 pm

    Hi SS, no news yet, seems profit bookig coming in, also trading below 5370 (Support)

    Hi AT, next around 5180 (strong support)


  14. arun bj Says:
    August 4th, 2011
    Posted at: 3:05 pm

    cb i exit with loss on my 5500 call and reliance 860 . Call


  15. Kartik Says:
    August 4th, 2011
    Posted at: 3:05 pm

    Hi sandeep, yes, can be gone short, for a target of 1050 with a SL at 11`5

    Hi wasey, no, it looks weak, dont enter it yet


  16. Kartik Says:
    August 4th, 2011
    Posted at: 3:06 pm

    Hi sunny, exit from it, enter a PE to hedge

    Hi arun bj, exit from them, Markets look weak

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