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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CB Says:
August 12th, 2010
Posted at: 8:56 am
Hi JAS, guess results were not good
Hi LEO, no, don't go long on it yet
Hi Investor, Good morning. hold it. can see 325 in 2-3 days.
stalin Says:
August 12th, 2010
Posted at: 8:56 am
thanks buddy..then how abt jswsteel...whts the strong support in that...im holding that for sometime,how much downside do we expect in that
Lilly Says:
August 12th, 2010
Posted at: 8:57 am
Good Morning CB Guru..
Could u suggest some stocks for Intraday trade today...
CB Says:
August 12th, 2010
Posted at: 8:57 am
Hi Rakesh, dont enter it yet. wait for some time.
Hi ABHI, not sure yet. if markets hold a bit, can see 330
Hi AJ, yes, hold them. wockhardt being a pharma stock can see some upmove in weak markets..
LEO Says:
August 12th, 2010
Posted at: 8:57 am
Hi Cb,
Most of the results today .... Whether this make market to take U turn by Second session ....
Kelly Says:
August 12th, 2010
Posted at: 8:59 am
i will be back soon.
CB Says:
August 12th, 2010
Posted at: 8:59 am
Hi stalin, has strong support near 1050-1070
Hi Lilly, Good morning. on a 5-8rs dip, one can enter jindal steel
Hi LEO, not really sure. also gdp data will be out.
ilan Says:
August 12th, 2010
Posted at: 8:59 am
Hi CB
I am holding SREINFRA @ 91.50 for last couple of months
wt will be the target to exit???????
Prasanth Says:
August 12th, 2010
Posted at: 8:59 am
Hello Guys,
wat abt tata motors and educomp today?
9930452103 Says:
August 12th, 2010
Posted at: 8:59 am
is rpower is going up today ? & if it will go up today then what is target ?
thank you sir
viji Says:
August 12th, 2010
Posted at: 9:01 am
Morning c.b,why tatasteel moved down yesterday any news?
CB Says:
August 12th, 2010
Posted at: 9:01 am
Hi ilan, hold it. above 94 can see 99
Hi Prasanth, may remain a bit flat today
Hi 9930452103, seems may remain a bit flat.
shiva Says:
August 12th, 2010
Posted at: 9:01 am
how about raymond for intrada?
Gitanjali Says:
August 12th, 2010
Posted at: 9:02 am
Hi CB, did not see the reply to my query..
i wd like the target plz, if it is not much trouble , for going short in albk futures'
CB Says:
August 12th, 2010
Posted at: 9:02 am
Hi viji, good morning. guess results were not good.
LEO Says:
August 12th, 2010
Posted at: 9:02 am
Hi CB,
BIOCON ON greeen - what we can expect today ...