Intraday calls for 08-08-14

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Market Information

Intraday calls for 08-08-14

Posted on: August 8th, 2014 at 8:31 am

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Markets likely to open gap down. Support for nifty is at 7610.

Sell REC below 298, target: 288. Stoploss: 304 – (Book profit in REC ltd at 289.80)

Thought for the day: A single sunbeam is enough to drive away many shadows -St. Francis of Assisi

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395 Responses

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mayank Says:
August 8th, 2014
Posted at: 12:22 pm
guys ....US airstrike news got world mkt down...dow fut is 90 pts down DAX fut is 120 pts down next week mkt may recover
RABINDRANATH Says:
August 8th, 2014
Posted at: 12:25 pm
hi everybody can help me , i have bought apollotyre future @ 170.40, now having hug loss !!!
K Banerjee Says:
August 8th, 2014
Posted at: 12:28 pm
Hi K K
Is there any chance to market can bounce back 20 or 30 points today... Pls advice
.Thanks
Abhi Says:
August 8th, 2014
Posted at: 12:28 pm
Hi KK,
I bought on Monday for one month target of Rs. 700. Bought after promoters started increasing their stake and news of Bajaj holdings. What do you suggest? Thanks in advance.
CB Says:
August 8th, 2014
Posted at: 12:28 pm
Hi RABINDRANATH, would advice to hedge it with a short in sep series for now if possible. or can short L&T to hedge.
Hi vijay, has support near 25.5.dont add more of it yet
vijayk Says:
August 8th, 2014
Posted at: 12:30 pm
Hi CB...closed nifty strangle in profit.... :-)
CA.Tejas Says:
August 8th, 2014
Posted at: 12:30 pm
Hi CB, holding TATA steel 570 ce at 14.60 what should i do
siri Says:
August 8th, 2014
Posted at: 12:30 pm
Hi Cb sir,
Your target for veer energy in one week time?
babu Says:
August 8th, 2014
Posted at: 12:31 pm
guys, i am new to options and futures. is there any simulation available so that i can first play the simulator as per day to day price movements in real time.i mean i am looking for some sort of simulator
CB Says:
August 8th, 2014
Posted at: 12:31 pm
Hi vijayk, :) great!
Hi CA.Tejas, exit from it for now
Hi siri, seems may remain a bit flat from here. dont enter yet
Hi babu, not really sure of any..
siri Says:
August 8th, 2014
Posted at: 12:32 pm
Hi CB Sir, I have 7000 shares of veer enery at 5.6 price should I exit or hold?
CB Says:
August 8th, 2014
Posted at: 12:33 pm
Hi siri, its a hold for now. dont add more yet
CA.Tejas Says:
August 8th, 2014
Posted at: 12:33 pm
Hi CB, shaill i wait till monday as result i likely to be good on wednesday...
or mkt will likely to fall on monday too ...
K K Says:
August 8th, 2014
Posted at: 12:33 pm
Hi vijayk, Good
Explain it about your trade with details. It helps the other readers to understand the STRANGLE concept. :-)
Share your knowledge with your fellow members :-)
CB Says:
August 8th, 2014
Posted at: 12:33 pm
Hi CA.Tejas, not really sure how results will shape up.
CB Says:
August 8th, 2014
Posted at: 12:34 pm
ill be back in some time.