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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LEO Says:
August 12th, 2010
Posted at: 11:13 am
OK CB,
If nifty closed above 5400 today ... we can carry our long till next week ...
CB Says:
August 12th, 2010
Posted at: 11:13 am
Hi airbites, no, dont go long yet
Hi LEO, as long as its above 5350, trend is up
LEO Says:
August 12th, 2010
Posted at: 11:14 am
Ok CB,
Karan Sharma Says:
August 12th, 2010
Posted at: 11:15 am
Can i buy NIFTY @ CMP?
Lata Says:
August 12th, 2010
Posted at: 11:16 am
hi chirag, how is hitachi homes.. i bot it on 366.50, wht can be the target...Also holding essar shipping, is it worth to be holded.. since 2 days going betn 122-123 till 130 at the end max 133........
CB Says:
August 12th, 2010
Posted at: 11:16 am
Hi Karan Sharma, no, not yet.
Rahul Says:
August 12th, 2010
Posted at: 11:16 am
hi cb can i long nifty ??
raj Says:
August 12th, 2010
Posted at: 11:17 am
CB what will be the target for dlf, unitech, reliance, aban and ibreal till expiry??
Subhashis Says:
August 12th, 2010
Posted at: 11:17 am
Hi CB, bought Everon at 577.50 today. What price I can expect on intraday basis.
CB Says:
August 12th, 2010
Posted at: 11:18 am
Hi Lata, can see 363 today if markets recover a bit. for now hold it. hold essar can see 127
Hi Rahul, not yet.
CB Says:
August 12th, 2010
Posted at: 11:18 am
Hi raj, if nifty holds onto 5350 levels, then they can add 5-7%
Hi Subhashis, can see 583
ajit Says:
August 12th, 2010
Posted at: 11:19 am
Chirag ji ....

Hold in jindal steel ?
CB Says:
August 12th, 2010
Posted at: 11:19 am
Hi ajit, yes.
CB Says:
August 12th, 2010
Posted at: 11:19 am
ill be back in 30 min,
Lata Says:
August 12th, 2010
Posted at: 11:21 am
chirag thanks, i mean wht is the short term target for essar shipping will it reach 150 in coming days, i have taken positions in it.... or how much can it go in the coming days.... 2ndly hitachi can i take a delivery of it today if not reaching around that price, is it worth holding hitachi too.... thanks ya
Anil Says:
August 12th, 2010
Posted at: 11:21 am
CB,
IIP data out or yet to?? Can I still hold IDFC PA and JINDAL CA??