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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Ravi Says:
August 12th, 2010
Posted at: 1:56 pm
today uco bank came high 101.20, will it go more upside from here, what is the long term target
CB Says:
August 12th, 2010
Posted at: 1:56 pm
Hi Ravi, yes, hold it. can see 110
N Murali Says:
August 12th, 2010
Posted at: 1:57 pm
entered unitech @ 85/ for intraday. Can I book profit or else hold till 2mrw?
CB Says:
August 12th, 2010
Posted at: 1:58 pm
Hi N Murali, yes, book partial for now.
Prasanth Says:
August 12th, 2010
Posted at: 1:58 pm
unitech can see down today any hope cb?
ZSAGAR Says:
August 12th, 2010
Posted at: 1:58 pm
Hi CB, What abt target in DLF Fut ? Any reference target . I hold a Long @ 322.50
CB Says:
August 12th, 2010
Posted at: 1:58 pm
Hi Prasanth, no, does not seem so. good support near 84-85.
CB Says:
August 12th, 2010
Posted at: 1:59 pm
Hi ZSAGAR, its a hold. will recover back.
N Murali Says:
August 12th, 2010
Posted at: 1:59 pm
ok thanks guruji
MANOJ Says:
August 12th, 2010
Posted at: 1:59 pm
HI CB,IFCI holding since monday @59.50.what to do.will it close today above 60.what will be ur target for today.should i wait till tomorrow
CB Says:
August 12th, 2010
Posted at: 2:00 pm
Hi Inder, tanks
Hi MANOJ, yes, continue to hold it.can see 62
Prasanth Says:
August 12th, 2010
Posted at: 2:00 pm
may it will reach to unitech@84 today?..
some guys said..it will reach to 81-83
dats y asking..
CB Says:
August 12th, 2010
Posted at: 2:01 pm
Hi Prasanth, seems a bit unlikely since markets are recovering a bit.
CB Says:
August 12th, 2010
Posted at: 2:01 pm
ill be back in some time.
.
ZSAGAR Says:
August 12th, 2010
Posted at: 2:02 pm
Hi CB,
Do sobha Fut looking a bit week ? Now its static. I hold a short as u know it . Well if i Hold it what could be the target ? Or should I exit @ 369.20 which is my cost price and go for Long ? Pls advice me sir.
shrikanth Says:
August 12th, 2010
Posted at: 2:02 pm
Just want to confirm once again CB, Is it good to hold Jindal stel for 2-3 days or even more to get higher profits.
looks like there is some resistance @ 660.