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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Comment pages: 91011121314151617Show all

  1. Kelly Says:
    August 12th, 2010
    Posted at: 9:27 am

    Hi ABHI,
    hold it for some time with SL given as per my view 2 day maximum up side 328 tp 330


  2. Laltu Says:
    August 12th, 2010
    Posted at: 9:28 am

    GOOD MORNING, CB.
    any intraday call?


  3. CB Says:
    August 12th, 2010
    Posted at: 9:28 am

    Hi Laltu, Good morning. buy some of jindal steel


  4. RK Says:
    August 12th, 2010
    Posted at: 9:29 am

    Hi CB,
    At what levels should i roll over my August Nifty Short at 5240 to October ? Kindly advice


  5. Ani Says:
    August 12th, 2010
    Posted at: 9:29 am

    Hi CB,

    GM. How much downside would Kale see 2day? Can I short it?


  6. CB Says:
    August 12th, 2010
    Posted at: 9:30 am

    Hi RK, around 5350

    Hi Ani, around 132.


  7. Umesh Says:
    August 12th, 2010
    Posted at: 9:30 am

    Hi CB,

    what high can HPCL show?


  8. CB Says:
    August 12th, 2010
    Posted at: 9:30 am

    ill be back in 30 min


  9. Ani Says:
    August 12th, 2010
    Posted at: 9:30 am

    ok thnx


  10. Prasanth Says:
    August 12th, 2010
    Posted at: 9:31 am

    Few guys suggesting HPCL@472 traget 481-485.... can i enter for inta?


  11. RK Says:
    August 12th, 2010
    Posted at: 9:32 am

    Thanks CB,
    Is there a chance we may see 5240 by August expiry ?


  12. prateek Says:
    August 12th, 2010
    Posted at: 9:33 am

    hi cb any share to buy or sell for intraday???


  13. Kelly Says:
    August 12th, 2010
    Posted at: 9:35 am

    Hi Prasanth,
    best to exit at 479 to 482 range to be on the safer side


  14. Rahul Says:
    August 12th, 2010
    Posted at: 9:38 am

    hello sir can i long nifty ??


  15. Anil Says:
    August 12th, 2010
    Posted at: 9:39 am

    Hi CB, Thanks. Bought IDFC 180 PA @ 3.60 and JINDALSTEL 660 CA @ 8.00. Pls advise sl and tgt.


  16. Kelly Says:
    August 12th, 2010
    Posted at: 9:39 am

    Hi prateek,
    TIMKEN can see 165, 166 SL 160

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