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. CB Says:
    August 12th, 2010
    Posted at: 8:47 am

    Hi Kb, go with enil on dips

    Hi ABHI, for now continue to hold it.

    Hi divyang, 5350


  2. andy Says:
    August 12th, 2010
    Posted at: 8:48 am

    nifty target 5350 , sell higher buy lower.......


  3. suzane Says:
    August 12th, 2010
    Posted at: 8:48 am

    plz get me the sell order price for amrutanjan


  4. Suresh M Says:
    August 12th, 2010
    Posted at: 8:48 am

    Thanks cb,what about mudra life style?


  5. Kelly Says:
    August 12th, 2010
    Posted at: 8:48 am

    GM, gap down opening expected.


  6. CB Says:
    August 12th, 2010
    Posted at: 8:48 am

    Hi Ramya, keep sl at 72 and hold it. markets not really doing much on the upside

    Hi andy, sell if breaks 5350, if holds onto it, one can buy nifty


  7. ARAVIND Says:
    August 12th, 2010
    Posted at: 8:49 am

    Hi CB sir,gud mornng
    Todays tgt of icicibank


  8. HSK Says:
    August 12th, 2010
    Posted at: 8:49 am

    buy siemens @ mkt opening ?


  9. Kb Says:
    August 12th, 2010
    Posted at: 8:49 am

    Hi CB, hmm.. soo u are expecting a recovery from 5350 .. rite ??


  10. CB Says:
    August 12th, 2010
    Posted at: 8:49 am

    Hi suzane, today can add 10-12rs

    Hi Suresh M, will do well once crosses 50

    Hi Kelly, Good morning.


  11. RAJESH KUMAR.S Says:
    August 12th, 2010
    Posted at: 8:50 am

    HAI CB ,GOOD MORNING ,DO WE EXPECT THE NIFTY SPOT 5100 FOR THE CLOSING AUG SESSION.


  12. CB Says:
    August 12th, 2010
    Posted at: 8:50 am

    Hi ARAVIND, Good morning. can see 965 if markets remain weak

    Hi HSK, no, not yet

    Hi Kb, no. seems a bit unlikely. lets see.


  13. CB Says:
    August 12th, 2010
    Posted at: 8:51 am

    Hi RAJESH KUMAR.S, Good morning. if nifty brekas 5350, 5200-5250 is possible. not sure of 5100 yet.


  14. Kelly Says:
    August 12th, 2010
    Posted at: 8:51 am

    Hi CB,
    GM SIR


  15. tuff money Says:
    August 12th, 2010
    Posted at: 8:51 am

    hi cb,

    i have 5500 calls at around rs 70. what can i do wth them? should i average? if nifty breaks 20DMA can we expect a 4-5% correction?


  16. Shipra Says:
    August 12th, 2010
    Posted at: 8:51 am

    hi cb...pls can u give an estimate of how much more i have to hold it...i am having 2 lots of dena...pls advice?

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