Quotes with Resistance & Support
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Intraday calls for 12-08-10

Posted on: August 12th, 2010 at 8:23 am

Markets likely to open lower. Resistance for nifty is at 5500 and support at 5350.

If markets show recovery later during the day, buy: Jindal Steel & Power Ltd. – (book profits at 656)

Trade in small quantity.

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821 Responses

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  1. sanzy Says:
    August 12th, 2010
    Posted at: 8:25 am

    hi, i have Unitech 90CA at 2..what will the intraday levels today..


  2. abhro Says:
    August 12th, 2010
    Posted at: 8:25 am

    Good Morning.

    How is Bharti Airtel for short term?


  3. LEO Says:
    August 12th, 2010
    Posted at: 8:26 am

    Hi Cb / kartik,

    Whether any recovery expected ina day or two ......


  4. Rikin Says:
    August 12th, 2010
    Posted at: 8:28 am

    hi Kartik ,
    What will be the price to enter jindal.?


  5. CB Says:
    August 12th, 2010
    Posted at: 8:28 am

    Hi sanzy, seems may open 1rs lower. keep sl at 84 and hold it

    Hi abhro, Good morning. looks good. one can enter it on dips near 310 or once crosses resistance at 335.


  6. CB Says:
    August 12th, 2010
    Posted at: 8:28 am

    Hi LEO, no, not sure yet..

    Hi Rikin, enter around 5-7rs lower.

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