Quotes with Resistance & Support
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Intraday calls for 06-08-12

Posted on: August 6th, 2012 at 8:29 am

Markets likelyto open higher. Resistace for nifty is at 5260 (closing basis) and support at 5180

Avoid entry in bata and onmobile as they have opened higher.

9.27am – Buy Reliance capital at 343, target: 352. Stoploss: 337 – (Book profits in RELCAP at 350.50)

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  1. Madhes Says:
    August 6th, 2012
    Posted at: 11:44 am

    Hi SR, Reliance Industries 760 Call @ 30 and Put @ 8.50..is it good time to buy..


  2. GIREESH Says:
    August 6th, 2012
    Posted at: 11:45 am

    (NIFTY-SELL)-(@5305)-TGT-(5275-5258-5240)-S/L-5325


  3. imran khan Says:
    August 6th, 2012
    Posted at: 11:47 am

    Hi SR, I am back, what level your thinking to book profits in your 5400 call, is it at 5430?


  4. choton Says:
    August 6th, 2012
    Posted at: 11:53 am

    sr, sir can u peply me of 11.04 am.


  5. imran khan Says:
    August 6th, 2012
    Posted at: 11:54 am

    Hi Sunil, i am also waiting to re-enter on dips :)


  6. Sandip Says:
    August 6th, 2012
    Posted at: 11:57 am

    Thanks for a great call CB....
    Monday good start :)


  7. Anne Says:
    August 6th, 2012
    Posted at: 12:00 pm

    GIREESH ...

    europe is green.... but u have given sell call ...

    is it good to go ?


  8. Anne Says:
    August 6th, 2012
    Posted at: 12:01 pm

    imran khan ..

    shall i go for 5300 call at 75 rs ?


  9. imran khan Says:
    August 6th, 2012
    Posted at: 12:02 pm

    Hi Anne, no wait, can enter in dips as per SR :)


  10. Sunil Says:
    August 6th, 2012
    Posted at: 12:06 pm

    Hi imran khan, Today seems difficult to re enter, vix is in positive as nifty is also positive, this means nifty stay in range of 20 points r go down, Considering vix nifty above 5400 is highly impossible.


  11. Anne Says:
    August 6th, 2012
    Posted at: 12:09 pm

    imran khan ..

    sure... please tell me when should i enter... i can go...

    if possible... gimme some guidance nad tips.... to this id [email protected]

    :)

    i contonously watch ur conversation with SR...


  12. GIREESH Says:
    August 6th, 2012
    Posted at: 12:16 pm

    DEAR ANNE, FOR INTRADAY U CAN SELL NIFTY IN MY SELL RANGE WITH GIVEN STOP LOSS . I AM EXPECTING A DOWN SIDE UPTO 5270 MINIMUM . IF ANY MOVE AGAINST MY EXPECTATION I WILL UPDATE THE SAME.


  13. Sohan Says:
    August 6th, 2012
    Posted at: 12:22 pm

    Hi SR, Good Morning and by the way how are you now?.

    I have 5400 CE holding for last week.

    Should I continue to hold or should a exit at this level ?

    Sohan


  14. Kb Tarder Says:
    August 6th, 2012
    Posted at: 12:23 pm

    scalpers can buy nfty at 5295 keep 10 points stop. target 20-30 points .

    Positional traders donn buy . wait to short on bounce


  15. SR Says:
    August 6th, 2012
    Posted at: 12:29 pm

    Sorry, had some internet issues.

    Hi Sohan, Good Morning. I'm fine now. Exit on rise for now, can re-enter on dips.


  16. imran khan Says:
    August 6th, 2012
    Posted at: 12:32 pm

    Hi SR, Sr i am waiting for dips around 5245 and buy it 5300 call again? is that correct

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