Intraday calls for 12-08-10

Quotes with Resistance & Support

Market Information

Intraday calls for 12-08-10

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

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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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CB Says:
August 12th, 2010
Posted at: 9:21 am
Hi shahul, no, not sure yet

Hi N Rao, hold cairn. wait for some time to enter other
Hi gopal, not yet
Anil Says:
August 12th, 2010
Posted at: 9:21 am
Can we short IDFC for intraday??
CB Says:
August 12th, 2010
Posted at: 9:22 am
Hi Nitin, hold short. dont enter reliance yet
Hi Vishal, wait for some time.
Hi dinesh, not yet
Hi mahesh, most welcome
Hi LEO, in small quantity
Hi ABHI, around 335.
ZSAGAR Says:
August 12th, 2010
Posted at: 9:22 am
Hi CB, I dont know what is gdp data ? could u pls tell me what it is ? When gdp data could be out ?
CB Says:
August 12th, 2010
Posted at: 9:22 am
Hi Anil, no, looks weak below 182
Kelly Says:
August 12th, 2010
Posted at: 9:23 am
Hi ABHI,
Biocon looks good to me now with srtict SL of 320, targets - 323.80 , 328.00 , 332.20
ABHI Says:
August 12th, 2010
Posted at: 9:24 am
ok thans a lot..and can it see 335 today so that i can set a sell price for it..
thnx in advcne..
Anil Says:
August 12th, 2010
Posted at: 9:24 am
Hi CB, Am asking about short not long??
Prasanth Says:
August 12th, 2010
Posted at: 9:24 am
Unitech is going up?
can i sell first and buy next for intraday? today it self?
Nitin Says:
August 12th, 2010
Posted at: 9:25 am
Thanks
at which level should I enter in Reliance?
CB Says:
August 12th, 2010
Posted at: 9:25 am
Hi ZSAGAR, its a imp indicator of where our economy is going. hope thsi helps: http://nseguide.com/market-news/gross-domestic-product-gdp-data-defination-calculation/
CB Says:
August 12th, 2010
Posted at: 9:26 am
Hi ABHI, no. 1-2 days
Hi Anil, yes, one can.
Hi Prasanth, yes, you can short sell it. today may remain near 84 it seems
Hi Nitin, if breaks 960, can see 930. lets see if holds onto 960 or not
ABHI Says:
August 12th, 2010
Posted at: 9:26 am
kelly thanks a lot for ur advice...
abs Says:
August 12th, 2010
Posted at: 9:26 am
hello CB, shrenuj is trading @ 56.55..shd i exit as you said it has a resistance @ 60, i bought @ 58.50 how long shd hold to get my price or at least 60
nv Says:
August 12th, 2010
Posted at: 9:26 am
Can I go short on tata steel in cash?
CB Says:
August 12th, 2010
Posted at: 9:27 am
Hi abs, yes, exit for now. enter again once crosses 60
Hi nv, no, not now.