Quotes with Resistance & Support
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Intraday calls for 12-08-10

Posted on: August 12th, 2010 at 8:23 am

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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  1. usha Says:
    August 12th, 2010
    Posted at: 2:58 pm

    Kartik,
    Should I keep the longs today. the Dow futures looks -ve now


  2. Kartik Says:
    August 12th, 2010
    Posted at: 2:58 pm

    Hi Gitanjali, let it trade above 206 for 5-10 minutes

    Hi ac, dont go short on it yet

    Hi jaris, around 2800


  3. Deepak Says:
    August 12th, 2010
    Posted at: 2:58 pm

    Thank you very much!


  4. Kartik Says:
    August 12th, 2010
    Posted at: 2:59 pm

    Hi usha, yes, hold them for some more time, Markets seem to trading flat


  5. SM Says:
    August 12th, 2010
    Posted at: 2:59 pm

    sir...BAJAJAUTO has shown some veru gd up move...??

    pls advice and give us TGT...?


  6. Vishal Says:
    August 12th, 2010
    Posted at: 3:00 pm

    Hi CB, At what rate can i sell Biocon


  7. ssn Says:
    August 12th, 2010
    Posted at: 3:00 pm

    Hi Kartik,

    I have SreeAshtivinayak [email protected]…pls suggest

    Thanks


  8. kiran Says:
    August 12th, 2010
    Posted at: 3:00 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?
    on 14th aug they r announcing results too..


  9. N Rao Says:
    August 12th, 2010
    Posted at: 3:00 pm

    Hi Karthik , Unitech or other any which can i buy with 15k


  10. usha Says:
    August 12th, 2010
    Posted at: 3:01 pm

    Kartik,

    ok, the SL remains at 5380


  11. rafi Says:
    August 12th, 2010
    Posted at: 3:01 pm

    bose.........i sell biocon for [email protected] for ur advice.....any new call for medium term


  12. Rajesh Says:
    August 12th, 2010
    Posted at: 3:02 pm

    HI KARTIK, WHAT WILL HAPPEN TO ESSAR SHIPPING AFTER PROPOSED RESTRUCTURING OF THE CO, WILL IT GO UP OR CORRECT? PLEASE ADVICE.


  13. Nikunj Says:
    August 12th, 2010
    Posted at: 3:02 pm

    Hi Kartik what is sbi target for tomorrow thinking of buying 2900 CA. Please advice


  14. bapan Says:
    August 12th, 2010
    Posted at: 3:02 pm

    kartik what is the target for confipet.............and also ur view on binani ind for short terms


  15. Vishal Says:
    August 12th, 2010
    Posted at: 3:03 pm

    Hi CB, Biocon , hold or sell


  16. pramodjain Says:
    August 12th, 2010
    Posted at: 3:04 pm

    hold 5500put@137

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