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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jeetu ojha Says:
August 12th, 2010
Posted at: 11:03 am
hi CB my holding HUL @ 264 , wat rate can expect in 1 week ? thanks
CB Says:
August 12th, 2010
Posted at: 11:04 am
Hi Nall’s, yes. continue to hold it. usually does well in weak markets.
Mayur Says:
August 12th, 2010
Posted at: 11:04 am
Hi CB, Not much..Just analysing your chatting sessions..lolz. :-)
CB Says:
August 12th, 2010
Posted at: 11:05 am
Hi Maya, looks a bit weak. some support at 960
Hi jeetu ojha, can see 271
Hi Mayur, ok
raj Says:
August 12th, 2010
Posted at: 11:05 am
CB hold for short term and near support level mean should i hold them or exit???
CB Says:
August 12th, 2010
Posted at: 11:06 am
Hi raj, yes, hold them. near good supprot levels. also nifty has strong support at 5350
CB Says:
August 12th, 2010
Posted at: 11:07 am
Hi Vishal, around 15
Ravi Says:
August 12th, 2010
Posted at: 11:08 am
Thanks CB, But wat is the target in 5500 put
CB Says:
August 12th, 2010
Posted at: 11:08 am
Hi Ravi, can add another 20-25%
LEO Says:
August 12th, 2010
Posted at: 11:09 am
Hi CB,
What reaction we can expect the market . DUE TO JUNE IIP @ 7.1% VS 11.5% .......
CB Says:
August 12th, 2010
Posted at: 11:09 am
Hi LEO, seems markets not reacting much to it.
DS Says:
August 12th, 2010
Posted at: 11:10 am
Dear CB,

My broker says that i shd buy the Hindalco 160 Put...makes sense to enter it?
CB Says:
August 12th, 2010
Posted at: 11:11 am
Hi DS, yes, one can enter it. facing resistance at 168-170
DS Says:
August 12th, 2010
Posted at: 11:12 am
Dear CB,
Have you heard abt this scrip called Carnation {bse code # 530609} apparently it can hit 70.....is this even remotely possible?
CB Says:
August 12th, 2010
Posted at: 11:12 am
Hi DS, no, not really sure about it.
airbites Says:
August 12th, 2010
Posted at: 11:13 am
Hi CB,
At what price shall i buy Nifty for 20rs.gain... ? CMP is gud?