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: 2:36 pm
long term target for ucobank
Anil Says:
August 12th, 2010
Posted at: 2:37 pm
Karthik,
Holding HINDALCO put and IDFC put. Pls advise...
Abrar Says:
August 12th, 2010
Posted at: 2:38 pm
Any buy call for short term...in (future)..?
pls advice me...
Gitanjali Says:
August 12th, 2010
Posted at: 2:38 pm
Hi Kartik, ok thanks .
Kartik Says:
August 12th, 2010
Posted at: 2:40 pm
Hi Ravi, around 160 in a years time
Hi rakesh kundu, no, dont go short yet
Hi alekhya, nope
Hi Abrar, as of now none

Hi Gitanjali, most welcome
Hi Anil, hold them with a SL at 169 and 61
Hi Vivek Shah, not sure, seems to be some profit booking
kiran Says:
August 12th, 2010
Posted at: 2:40 pm
hi karthik,
i sold unitech @85.25
need to buy now.. but it is at 86.10...
am at 4000 virtual loss?
wat to do help me out?
Kartik Says:
August 12th, 2010
Posted at: 2:41 pm
Hi Akash, dont enter anything for Short term yet, wait for the Markets to settle, for MId term you may buy some of Confidence Petro and Fluidomat
jaris Says:
August 12th, 2010
Posted at: 2:42 pm
hai kartik
tomorrow sbi target
Vivek Shah Says:
August 12th, 2010
Posted at: 2:42 pm
Hi Kartik, I am seeing it is stuck or further i would say its be stuck deliberately, else after results , there must be some sort of upmove and stabilise, but its declining.
Ravi Says:
August 12th, 2010
Posted at: 2:42 pm
today sbi will it cross above 2800
Anil Says:
August 12th, 2010
Posted at: 2:42 pm
Hi Kartik, Can I hold puts till tomorrow??
Roze Says:
August 12th, 2010
Posted at: 2:42 pm
Hi Kartik,
u missed my query 2.34,
Tnx
babal Says:
August 12th, 2010
Posted at: 2:43 pm
Hi Kartik,
Bought thermax @ 770 . Book loss or any hope ?
Kartik Says:
August 12th, 2010
Posted at: 2:44 pm
Hi Vivek Shah, it seems to face some consolidation at current levels
Hi Roze, it can see 35+ in 3-4 months time
Hi Anil, yes
Hi suzane, cant be sure as of now, wait for some time
Kartik Says:
August 12th, 2010
Posted at: 2:45 pm
Hi Akash, its run up a lot, can be a risky bet
Hi babal, hold it for Short term, its likely to do well
Deepak Says:
August 12th, 2010
Posted at: 2:46 pm
Hi Kartik,
I’m holding Nifty Sep Fut @ 5416 & JPAssociate Sep Fut @120.5. Your take on both, please.