Quotes with Resistance & Support
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Intraday calls for 07-08-12

Posted on: August 7th, 2012 at 8:32 am

Markets likely to open flat. Resistance for nifty is at 5300 and support at 5250.

Buy PFC above 182, target: 187. Stoploss: 178.50 – (Book profits in PFC at 185.50-186)

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607 Responses

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  1. Lithesh Says:
    August 7th, 2012
    Posted at: 12:54 pm

    Thank you.


  2. Kb Tarder Says:
    August 7th, 2012
    Posted at: 12:55 pm

    Hi SS, not likely to stay at top levels , i guess.


  3. imran khan Says:
    August 7th, 2012
    Posted at: 12:58 pm

    Hi nikhil, please check with CB or kb, i don't know about tata motors stock.

    just i check the RSI is 52.46 and William %R -3.35, which indicates stock should come down few points


  4. imran khan Says:
    August 7th, 2012
    Posted at: 12:59 pm

    Hi Kb Tarder, i am holding 5200 put @32 for target of 5280 whats do you think? in 1 day or 2 day it will come down right?


  5. SR Says:
    August 7th, 2012
    Posted at: 1:01 pm

    Good Afternoon All ...

    Nifty strong resistance near 5329-5334, breaking may lead it to 5378 levels.


  6. subodh Says:
    August 7th, 2012
    Posted at: 1:01 pm

    Hi Kb Tarder, ur suggestion on axis bank put ??


  7. imran khan Says:
    August 7th, 2012
    Posted at: 1:02 pm

    Hi SR, How are you now i am in bearish trade should i hold or exit, brought 5200 put @32 for target of 5280


  8. subodh Says:
    August 7th, 2012
    Posted at: 1:03 pm

    Hi SR, Good Afternoon Sunir Sir...Holding Axis bank PUt..plz advice me


  9. anil Says:
    August 7th, 2012
    Posted at: 1:04 pm

    wats ur view of varun industries


  10. SR Says:
    August 7th, 2012
    Posted at: 1:05 pm

    Hi imran khan, August is a bullish series ... buy on dips for now hold put with sl above 5335. We may likely see a small correction.


  11. sanzy Says:
    August 7th, 2012
    Posted at: 1:05 pm

    SR sir,

    i am holding BankNifty 10500CE..
    when to exit


  12. imran khan Says:
    August 7th, 2012
    Posted at: 1:06 pm

    Hi SR, thanks for advise i will keep stop 5335 and trade.


  13. SR Says:
    August 7th, 2012
    Posted at: 1:06 pm

    Booked profits some of my 5400CE. Will book full near 5378.


  14. GIREESH Says:
    August 7th, 2012
    Posted at: 1:08 pm

    EXIT NIFTY SHORT AT 5338 LEVEL


  15. Kb Tarder Says:
    August 7th, 2012
    Posted at: 1:08 pm

    Hi imran khan, hmm. .. will take time.


  16. SS Says:
    August 7th, 2012
    Posted at: 1:08 pm

    Hi SR, Goodafternoon
    5335 reached...wht to do with shorts...in loss

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