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. imran khan Says:
    August 7th, 2012
    Posted at: 2:13 pm

    Hi Anne, i am using zerodha, i am waiting for target 5280


  2. Robotguy Says:
    August 7th, 2012
    Posted at: 2:14 pm

    Hi SS, I was expecting market to come down from 5342 but it has gone even higher... pata nahi kya khichdi pak raha hai i am also short on M&M at 699 targeting around 691-689


  3. BDM Says:
    August 7th, 2012
    Posted at: 2:16 pm

    Robotguy ICICI 960CE @30.60. What to do ?


  4. Anne Says:
    August 7th, 2012
    Posted at: 2:17 pm

    imran khan ...

    ya imran...

    even i m holding wi[ro 340 put and 5200 put...

    waiting for the same target as u said... lets wait and see....

    suggest me if u change ur plan at the mid :)


  5. Ganesh Says:
    August 7th, 2012
    Posted at: 2:17 pm

    SBIN 2067


  6. Robotguy Says:
    August 7th, 2012
    Posted at: 2:18 pm

    Hi BDM, it is now trading at 33.65


  7. SR Says:
    August 7th, 2012
    Posted at: 2:20 pm

    Hi imran khan, Don't wait for 5280. Book on dips. Major support at 5297, below which we can even test 5252.


  8. imran khan Says:
    August 7th, 2012
    Posted at: 2:20 pm

    Hi Anne, Europe is already came down


  9. SS Says:
    August 7th, 2012
    Posted at: 2:20 pm

    Hi SR,
    Im holding BHEL short...pls advice


  10. imran khan Says:
    August 7th, 2012
    Posted at: 2:21 pm

    Hi SR, sure i will book it around 5300


  11. Anne Says:
    August 7th, 2012
    Posted at: 2:22 pm

    imran khan....

    ya imran... might be because of profit booking...
    I ll book profit even if i get 10rs in put... wat say ?

    Sr.. ji...

    will surely wait for that level... even if it reaches 5300... will quit from these put.


  12. imran khan Says:
    August 7th, 2012
    Posted at: 2:22 pm

    Hi Anne, i am holding it till 5300 lets see europe is down now


  13. Anne Says:
    August 7th, 2012
    Posted at: 2:24 pm

    imran khan ....

    Hey i ll also watch the same range dude. thanks for the inputs imran.


  14. Mahesh Says:
    August 7th, 2012
    Posted at: 2:25 pm

    Hi SS / KB Trader / RobotGuy,

    I am holding NIFTY 4900 PE and it is with huge loss now. If I hold it for this week and next week, Is it possible to reduce the loss? Also can I add more to average it?

    Please advise


  15. ravi Says:
    August 7th, 2012
    Posted at: 2:25 pm

    what will be the suppport and resistance for jp assoc....thanks


  16. Vijay K Says:
    August 7th, 2012
    Posted at: 2:25 pm

    Correct me if Im wrong but only FTSE is down, DAX and STOXX are up

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