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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babal Says:
August 12th, 2010
Posted at: 2:46 pm
Thanks karthik... will hold
K K Says:
August 12th, 2010
Posted at: 2:47 pm
Hi Kartik,
What is the target for ITC in a week ?
Bought ITC CALL 160 @ 0.80
Kartik Says:
August 12th, 2010
Posted at: 2:47 pm
Hi Deepak, JP faces strong support at 108-110, hold it for some more time with a SL at 108 its likely to give a bounce from its support level, hold Nifty with a SL at 5350 as of now
Hi babal, most welcome
Kartik Says:
August 12th, 2010
Posted at: 2:48 pm
Hi K K, it can see 158-160 if Markets show some upmove
Ravi Says:
August 12th, 2010
Posted at: 2:48 pm
can i hold sbi for long term or to book around 2820, please suggest me because i have placed a sell order at 2820
Kartik Says:
August 12th, 2010
Posted at: 2:49 pm
Hi Akash, its a very volatile stock, not sure of it for Intraday
Hi Ravi, to be on the safe side, book 50% profits around 2820, hold the rest for another 2-3 months time with a trailng SL at 2750
ssn Says:
August 12th, 2010
Posted at: 2:49 pm
Hi Kartik,
I have SreeAshtivinayak [email protected] suggest
Thanks
kiran Says:
August 12th, 2010
Posted at: 2:49 pm
hey karthik u missed my query yaar
N Rao Says:
August 12th, 2010
Posted at: 2:49 pm
Hi karthik i have 15k can i enter unitech now or any other??
Lata Says:
August 12th, 2010
Posted at: 2:51 pm
hi kartik, hitachi homes now on 348-349, i bot it on 366.50, is it worth holding for a day or two.... shld i hold it for delivery, will it bounce back within a day or two... please suggest......really tensed...
Ravi Says:
August 12th, 2010
Posted at: 2:51 pm
will it cross sbi today 2800, at what pice can i place sell order
Rajesh Says:
August 12th, 2010
Posted at: 2:51 pm
HI KARTIK, PLEASE GIVE US SHORT TERM TARGET FOR MAXWELL IND. THX.
DS Says:
August 12th, 2010
Posted at: 2:52 pm
Dear Kartik,
How low can Cairn, Tata Motors and Hindalco go?
Kartik Says:
August 12th, 2010
Posted at: 2:55 pm
Hi Akash, it can see 10000+ in 4-5 years time, its a slow mover
Hi Rajesh, it can see 32
Hi DS, CAIRN can see 350, the other 2 are likely to consolidate at current levels for some time
Hi Ravi, hold it till tomorrow
Hi Lata, hold it for some more time, its likely to give a bounce3
jaris Says:
August 12th, 2010
Posted at: 2:56 pm
hai kartik
tomorrow sbi target
thankx
ac Says:
August 12th, 2010
Posted at: 2:57 pm
HI KARTIK ...CAN WE SHORT INFOSYS