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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Ravii Says:
August 12th, 2010
Posted at: 2:31 pm
Hello Kartik,
can we see nifty below 5400 today closing basis?
Kartik Says:
August 12th, 2010
Posted at: 2:31 pm
Hi Akash, dont enter anything for Intraday yet, Markets seem to turning weak
Hi Lilly, you may buy some of Surya Roshni for a weeks time, it can see 107
Kartik Says:
August 12th, 2010
Posted at: 2:31 pm
Hi Ravii, yes, seems so
Hi Ravi, book profits in around 2820
Gitanjali Says:
August 12th, 2010
Posted at: 2:31 pm
Hi Kartik, plz can u tell me ..how albk is looking ? I have gone short at 2oo.6 it has shot past sl of 203 ..Kindly tell are banking stocks not ideal to go short for now ..may I know plz?
Ravi Says:
August 12th, 2010
Posted at: 2:31 pm
long term target for uco bank
ZSAGAR Says:
August 12th, 2010
Posted at: 2:32 pm
Hi Kartik,
Shorted TCS Fut . Pls tell me lowerside target ?
Kartik Says:
August 12th, 2010
Posted at: 2:33 pm
Hi ZSAGAR, hold it for some more time, keep a Sl at 375 (cash)
Hi MANOJ, if possible hold them for 1-2 days time, they can add some gains
Gitanjali Says:
August 12th, 2010
Posted at: 2:33 pm
it is in futures of albk at 220.6 now at 204.4.. kindly tell me the exit price plz?
Kartik Says:
August 12th, 2010
Posted at: 2:34 pm
Hi Gitanjali, keep a tight SL at 206(strong resistance) and hold it for some more time
Hi ZSAGAR, TCS can see 835
Roze Says:
August 12th, 2010
Posted at: 2:34 pm
Hi Kartik,
When can Naga Fert can see 33-34,
Thanks,
alekhya Says:
August 12th, 2010
Posted at: 2:34 pm
hi karthik, any BTST? Thanks.
rakesh kundu Says:
August 12th, 2010
Posted at: 2:34 pm
can i short sbi fut @2776
Ravi Says:
August 12th, 2010
Posted at: 2:34 pm
will it go above today sbi 2800
Gitanjali Says:
August 12th, 2010
Posted at: 2:35 pm
sorry 200.6
Kartik Says:
August 12th, 2010
Posted at: 2:35 pm
Hi MANOJ, replied above
Hi Akash, Markets look weak as of now, dont enter anything for Intraday
Vivek Shah Says:
August 12th, 2010
Posted at: 2:36 pm
Kartik can u have any idea why NMDC dragging despite one of the best results of recent times ?