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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600 Responses

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  1. Sohan Says:
    August 6th, 2012
    Posted at: 1:02 pm

    Hi SR, Thanks very much.

    Seems 5288 was a good level to exit.

    Sohan


  2. Rohitc Says:
    August 6th, 2012
    Posted at: 1:03 pm

    Thanx CB..Nila or JVL which would be better?


  3. CB Says:
    August 6th, 2012
    Posted at: 1:03 pm

    Hi Rohitc, both are good bets. add 50% in each


  4. CB Says:
    August 6th, 2012
    Posted at: 1:04 pm

    ill be back in 30 min.


  5. Rohitc Says:
    August 6th, 2012
    Posted at: 1:04 pm

    Thanx CB :)


  6. Naran Says:
    August 6th, 2012
    Posted at: 1:06 pm

    Hi Kb Tarder, SBI showing some weakness. Can short it now ????


  7. Anne Says:
    August 6th, 2012
    Posted at: 1:10 pm

    CB sir.. can nifty see 5300 today ?


  8. Raju Barman Says:
    August 6th, 2012
    Posted at: 1:10 pm

    thank u r cap call active


  9. GIREESH Says:
    August 6th, 2012
    Posted at: 1:13 pm

    BOOK 25 % PROFIT AT 5277 LVLS IN NIFTY SOLD AT 5305 LVLS .BALANCE 50 % KEEP STOP LOSS AT 5295


  10. SR Says:
    August 6th, 2012
    Posted at: 1:18 pm

    Hi Anne, Yes, quite likely to touch 5308-10 today or tomorrow opening. However keep a sl of 5262.


  11. Anne Says:
    August 6th, 2012
    Posted at: 1:18 pm

    SR....

    advice me please.. should i enter call or put 5300 ?


  12. SR Says:
    August 6th, 2012
    Posted at: 1:19 pm

    Hi Anne, If not entered, wait to enter a call at lower levels near 5242.


  13. Kb Tarder Says:
    August 6th, 2012
    Posted at: 1:20 pm

    Hi Naran, wait. . not yet.


  14. imran khan Says:
    August 6th, 2012
    Posted at: 1:21 pm

    Hi SR, i am also waiting for 5245, should i buy again 5300 or 5400 call?


  15. imran khan Says:
    August 6th, 2012
    Posted at: 1:22 pm

    Hi SR, can we see 5245 today itself or tomorrow ?


  16. Kb Tarder Says:
    August 6th, 2012
    Posted at: 1:23 pm

    Hi SR, expecting one more bounce in 5 min time frame . wht u say?

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