Intraday calls for 12-08-13

Quotes with Resistance & Support

Market Information

Intraday calls for 12-08-13

Posted on: August 12th, 2013 at 8:27 am

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Markets likely to open slightly higher. Resistance for nifty is at 5650 and support at 5500.

Buy Jindal Steel and power at 207.50, target: 213. Stoploss: 203 – (Book profit in Jindal steel at 213)

12.24pm – Buy 5700ce at 57.55, target: 70. Stoploss: 5570 (spot)

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241 Responses

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shrikanth Says:
August 12th, 2013
Posted at: 3:09 pm
Hi CB, I bought 15 SBIN @ 1615 today for short term. how are the results? Shall I add more/sell it off today itself and buy at lower price?
srv Says:
August 12th, 2013
Posted at: 3:09 pm
what is yes bank & ranbaxy target today
AJ Says:
August 12th, 2013
Posted at: 3:09 pm
Sir any stock for option
CB Says:
August 12th, 2013
Posted at: 3:10 pm
Hi aasu, its a hold till tomorrow if possible. can test 5650 again
Hi shrikanth, ok. dont add more of it yet. keep sl at 1590
Hi AJ, no, nothing new yet.
CB Says:
August 12th, 2013
Posted at: 3:11 pm
Hi srv, seems may remain a bit flat from here today
RS Says:
August 12th, 2013
Posted at: 3:12 pm
Hi CB, holding Wipro [email protected], what is the outlook?
Also long on SBIN 1650 PE@81?
van Says:
August 12th, 2013
Posted at: 3:12 pm
sir, can lupin go up?
Suresh M Says:
August 12th, 2013
Posted at: 3:13 pm
hi cb, is electrosteel steel is a good investment at cmp?please suggest
CB Says:
August 12th, 2013
Posted at: 3:13 pm
Hi RS, its a hold with sl at 457 for now. sbin is a hold too. sl at 1630
Hi van, does look a bit weak below 835. above this can move higher.
PKP Says:
August 12th, 2013
Posted at: 3:14 pm
Sir can expect any bounce in SBI for 2-3 session.....
CB Says:
August 12th, 2013
Posted at: 3:14 pm
Hi Suresh M, no, its going a bit weak
Hi PKP, if holds onto support of 1590, can expect a bounce.
Suresh M Says:
August 12th, 2013
Posted at: 3:15 pm
thanks cb.
CB Says:
August 12th, 2013
Posted at: 3:16 pm
Hi Suresh M, most welcome.
PKP Says:
August 12th, 2013
Posted at: 3:17 pm
Hi CB, sir as per the current trading, seems can close above 1590, if it close above then can possible to c a bounce
SaiPalanivel Says:
August 12th, 2013
Posted at: 3:17 pm
HI CB SIR,HOLD CONTINUE 5800 CE? EUROPE MARKETS IN RED.WHATS YOUR VIEW.
AJ Says:
August 12th, 2013
Posted at: 3:17 pm
Sir LT and IDFC is a good short term buy for option