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

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

Markets likely to see a gap down opening. support for nifty is at 5100.

If markets show recovery later during the day, buy: Siemens.

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380 Responses

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  1. gayaram Says:
    August 8th, 2011
    Posted at: 2:57 pm

    Hi Kb, oh great! shall i clear my 4800 pe.


  2. SAI Says:
    August 8th, 2011
    Posted at: 2:58 pm

    Hi Kb nooooooo:(


  3. Kb Says:
    August 8th, 2011
    Posted at: 2:58 pm

    Hi gayaram, hold it for few days.. keep stop 5250 > closing basis


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

    hi KB..hedge with what? Please suggest?


  5. SS Says:
    August 8th, 2011
    Posted at: 3:03 pm

    Hi Kb,
    Can wipro be shorted ?


  6. SDG Says:
    August 8th, 2011
    Posted at: 3:03 pm

    Hi CB / Kartik, Good Afternoon. Holding 5100 CE @ 108.. is it a hold or exit with loss? DOW future is in red so can we expect some more downside tomorrow if US falls more?


  7. SDG Says:
    August 8th, 2011
    Posted at: 3:05 pm

    sryit typo.. it is 5200 CE.. please advice for SL


  8. Kartik Says:
    August 8th, 2011
    Posted at: 3:08 pm

    sorry guys, just came back

    Hi SDG, GA, keep a tight SL at 5080 (next support)

    Hi SS, a pe can be entered for it

    Hi SAI, GA, keep a tight SL at 5080 (next support)


  9. SAI Says:
    August 8th, 2011
    Posted at: 3:10 pm

    hI Kartik ok still holding.


  10. SDG Says:
    August 8th, 2011
    Posted at: 3:10 pm

    Ok Thanks Kartik.


  11. shiva Says:
    August 8th, 2011
    Posted at: 3:10 pm

    kartik..holding aanjaneya @ 440...cmp 463...selll or hold till tomorrow...


  12. gayaram Says:
    August 8th, 2011
    Posted at: 3:12 pm

    Hi Kb, Dow futures in -ve. so us opening and tomorrow nifty opening will be in -ve. am i right or wrong?


  13. Kartik Says:
    August 8th, 2011
    Posted at: 3:12 pm

    Hi shiva, wait till tomorrow, book on rise around 475


  14. Kartik Says:
    August 8th, 2011
    Posted at: 3:12 pm

    Hi gayaram, to soon to predict, will have to wait till U.S opens


  15. Sravs Says:
    August 8th, 2011
    Posted at: 3:12 pm

    Hi Kartik,

    are we going to have a gap down opening tomorrow also? In that case can i buy 5500pe. Pls advice.

    Thanks
    -Sravs


  16. Kartik Says:
    August 8th, 2011
    Posted at: 3:13 pm

    Hi Sravs, not sure yet, dont enter PE for now, wait for a day or so

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