Quotes with Resistance & Support
Market Information

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. Anil Says:
    August 12th, 2010
    Posted at: 10:47 am

    Hi Anil, Thanks. Pls update us abt results as soon as they are out..


  2. YASH Says:
    August 12th, 2010
    Posted at: 10:48 am

    Hi CB

    Iam holding tatasteel 560 CE and reliance 1020 Ce is it hold or exit
    and wat's ur openion on maret wil it fall further or recover from now


  3. Kelly Says:
    August 12th, 2010
    Posted at: 10:48 am

    Hi usha,
    No wait till clarity emerge , trend of nifty looks negative.


  4. CB Says:
    August 12th, 2010
    Posted at: 10:48 am

    Hi Rock, can head upto 3.20

    Hi Ravi, above 750 can head upto 800. long term is 1200+


  5. Nall's Says:
    August 12th, 2010
    Posted at: 10:48 am

    Hi CB,
    Sir How will be IIP data is going to blast the market
    what shall we do for the longs....tnx lot


  6. ZSAGAR Says:
    August 12th, 2010
    Posted at: 10:49 am

    Hi CB, Yea ok sir. thanks


  7. Gitanjali Says:
    August 12th, 2010
    Posted at: 10:49 am

    There is a buy call for hindpetro ..in my portal can I take it? and there is a sell call in tata steel ...which can I take ...kindly explain..


  8. naga Says:
    August 12th, 2010
    Posted at: 10:49 am

    hi cb
    goa carbon what is the target for today?


  9. CB Says:
    August 12th, 2010
    Posted at: 10:49 am

    Hi Anil, sure

    Hi YASH, waiting for iip numbers it seems. hold with sl at 5350 for now

    Hi Nall’s, not sure yet. lets see whats the outcome.


  10. Prasanth Says:
    August 12th, 2010
    Posted at: 10:49 am

    howz unitech now?...
    can plz check now CB?


  11. mahesh Says:
    August 12th, 2010
    Posted at: 10:50 am

    hi cb,

    SREI infra is going down i ve 100@94 plz advice


  12. CB Says:
    August 12th, 2010
    Posted at: 10:51 am

    Hi ZSAGAR, most welcome

    Hi Gitanjali, moved up quite a bit in 2 days. same with tata steel, has come down quite a bit.don't enter any yet

    Hi naga, can see 103

    Hi Prasanth, can see 87


  13. raj Says:
    August 12th, 2010
    Posted at: 10:51 am

    CB my holding DLF @ 325, Aban @ 898, Unitech @ 86, Relaince @ 1020, IBREAL @ 182.9, pls suggest.. all one lot each...


  14. CB Says:
    August 12th, 2010
    Posted at: 10:52 am

    Hi mahesh, hold it. looks good above 92.


  15. CB Says:
    August 12th, 2010
    Posted at: 10:52 am

    Hi raj, they are a hold for short term. reliance, dlf and aban are near support levels


  16. Subhashis Says:
    August 12th, 2010
    Posted at: 10:52 am

    Hi CB, Is it wise to buy Esser Ship at CMP. Today Board is meeting for Demarger of business. Currently down by 4%. What intraday upmove is expected ?

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