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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shrikanth Says:
August 12th, 2010
Posted at: 12:45 pm
Cb, One more question. I have 25 reliance @ 1015. I hope it would recover in 1-2 months. But why is this fall in Reliance from the past few days. Any specific news or just normal market swings.
Shereef Says:
August 12th, 2010
Posted at: 12:45 pm
Hi CB,
I did short Hindalco at 163.5. Should I exit ?
ZSAGAR Says:
August 12th, 2010
Posted at: 12:45 pm
Hi CB,
I hold DLF Fut @ 322.50 ; What could be its target before expiry ?
CB Says:
August 12th, 2010
Posted at: 12:45 pm
Hi Lata, they can add 5-7% if markets remain good.hold onto them
Hi shrikanth, yes, hold it
Hi yogesh, book for now. enter again below 5350
Hi Anil, 1-2 days
Hi ARIJIT, yes, hold for now. lets wait till 3.
prateek Says:
August 12th, 2010
Posted at: 12:46 pm
thank you cb...
DS Says:
August 12th, 2010
Posted at: 12:46 pm
Dear CB,

Pardon my basic reading of charts but surely Tata Motors looks like its forming a Doji Candle right? SO that means its bound to fall more sooner than later right?
Gauri Says:
August 12th, 2010
Posted at: 12:47 pm
Hi CB,
ok CB bye for the day , have a nice day :)
Bye Hi Gitanjali, have a nice day :)
SAI Says:
August 12th, 2010
Posted at: 12:47 pm
Thanks CB, i wl hold thanks a lot
CB Says:
August 12th, 2010
Posted at: 12:47 pm
Hi shrikanth, yes, hold onto it. there is news of Treasury stake sale
Hi Shereef, hold it
Hi ZSAGAR, its a hold
Hi prateek, most welcome
CB Says:
August 12th, 2010
Posted at: 12:48 pm
Hi DS, yes
Hi Gauri, bye..tc
Hi SAI, most welcome
AT Says:
August 12th, 2010
Posted at: 12:48 pm
thanks CB
Shereef Says:
August 12th, 2010
Posted at: 12:48 pm
Thanks CB.
vidhyasagar Says:
August 12th, 2010
Posted at: 12:48 pm
dear sir
will niftyfut come to 5430 ?
Lata Says:
August 12th, 2010
Posted at: 12:48 pm
thanks chirag, but which stock can add
usha Says:
August 12th, 2010
Posted at: 12:48 pm
CB,
can i go long in icici bank at 966 level...if yes what could be the intra day target
CB Says:
August 12th, 2010
Posted at: 12:49 pm
Hi AT, most welcome
Hi Shereef, most welcome
Hi vidhyasagar, no, not sure yet.