Quotes with Resistance & Support
Market Information

Intraday calls for 08-08-12

Posted on: August 8th, 2012 at 8:25 am

Markets likely to open higher, next resistance at 5360, support at 5300

Buy Jindal steel above 410. Target: 422, sl 402 – (Book profit in Jindal steel at 418-419)

11.07am – Buy United Breweries holdings at 93.75, target: 98. Stoploss: 90 (1-2 day hold) – (Book profit in UB holding at 96.50)

12.18pm – Buy Hindustan Uniliver at 476.50, target: 485. Stoploss: 470 (1-2 day hold)

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671 Responses

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Comment pages: 343536373839404142Show all

  1. nikhil Says:
    August 8th, 2012
    Posted at: 8:08 pm

    hi CB, can u please tell me your analysis on
    tata motors -what level can it see tomorrow and what do you expect out of the results after today's m&m performance.


  2. nikhil Says:
    August 8th, 2012
    Posted at: 8:09 pm

    also, what levels can coal India and m&m see??? any downside??


  3. nikhil Says:
    August 8th, 2012
    Posted at: 8:10 pm

    thanks in advance


  4. Muthu Says:
    August 8th, 2012
    Posted at: 8:15 pm

    Hi CB/SR/Kartik/Robotguy/other active members of this forum,

    I have been watching quite a long time this forum and found that this is useful for all the novice traders. This is the first time I am entering actively into this forum. I have two questions to you all:

    1. I have 40 lots of August 4900 PE @ 11. Now it is @ 4.15 with a huge loss.
    2. I have 15 lots of August 5200 PE @ 33. Now it is @26 with a huge loss.

    Please let me know is there any hope to get profits out of these two options before this month's Expiry. Or else please let me know the spot level at which I could get out with no gain and no loss.

    Thanks in Advance to all for considering to help me on this.


  5. Naran Says:
    August 8th, 2012
    Posted at: 8:19 pm

    Hi Kartik, IIP data tomorrow ???


  6. Nagaraja.K.G Says:
    August 8th, 2012
    Posted at: 8:19 pm

    sir
    i bought sanghviforging 500nos @92 lastmonth .now that stock trade 45rs my aim is holding longtime (1yr) how is that stock everyday that stock loosing 5-6rs shall i add more or weight suggest me sir.


  7. NG Says:
    August 8th, 2012
    Posted at: 8:20 pm

    Hi,Muthu, Same answer to you also as given to Ravi Sharma


  8. avik Says:
    August 8th, 2012
    Posted at: 8:31 pm

    Hi Muthu, even i have 5000 put, just hold for 2days more..if 5320 comes better exit


  9. jk Says:
    August 8th, 2012
    Posted at: 8:36 pm

    hai muthu

    i hoped buy ce/pe in nearest strike price
    is best for us.
    it will fast movement,less brokerage.
    so please try on nearest price.


  10. Sunil Says:
    August 8th, 2012
    Posted at: 8:36 pm

    Hi Muthu, As of now market seems strong despite some profit booking,upside is also capped due to lack of positive news, better short straddle r strangle in nifty, If SBI disappoints the market on friday nifty may come down to 5250-5200 levels, otherwise flat to positive days in coming days.Better exit step by step on every dip.


  11. Muthu Says:
    August 8th, 2012
    Posted at: 8:39 pm

    Hi Avik,

    Thanks. So you mean to say that I should get out with a loss!


  12. Muthu Says:
    August 8th, 2012
    Posted at: 8:41 pm

    Hi Jk,

    Thanks. But unfortunately I don't have any money further.


  13. avik Says:
    August 8th, 2012
    Posted at: 8:50 pm

    Hi Muthu, as of now, 5300 and max 5280 become a critical support, and as u can see dow jones is also in green , so better avoid getting much loss....


  14. NG Says:
    August 8th, 2012
    Posted at: 9:05 pm

    Hi Muthu, Be cool. Tomorrow nifty will open gap down. In the coming days it will come tumbling down.


  15. avik Says:
    August 8th, 2012
    Posted at: 9:09 pm

    Hi NG, i hope you right ...:)


  16. Anupam Jain Says:
    August 8th, 2012
    Posted at: 9:12 pm

    what is about dish tv ?

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