Quotes with Resistance & Support
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Intraday calls for 12-08-14

Posted on: August 12th, 2014 at 8:25 am

Markets likely to open slightly higher. Support for nifty is at 7540 and resistance at 7670

Sell SBIN below 2400, target: 2375. Stoploss: 2418.

Thought for the day: “ Life is what happens to you when you’re making other plans. ” — Betty Talmadge

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388 Responses

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  1. K K Says:
    August 12th, 2014
    Posted at: 11:23 am

    Hi ankush,
    [email protected] sure. thank you.


  2. SD Says:
    August 12th, 2014
    Posted at: 11:24 am

    hi KK

    kindly share your views on NMDC. is it a buy now?


  3. K K Says:
    August 12th, 2014
    Posted at: 11:27 am

    Hi SD,
    Please confirm the results date. I will do the analysis mean while


  4. frank Says:
    August 12th, 2014
    Posted at: 11:29 am

    Hi K K, pls suggest whether to hold or exit 7800 CE , Bought @88?


  5. ankush Says:
    August 12th, 2014
    Posted at: 11:29 am

    Buy 10 percent of ur total cap

    Engeerind 290 tgt..buy at 277..275..sl 267
    Mcleod 290 tgt..buy at 277..275..sl 267


  6. DG Says:
    August 12th, 2014
    Posted at: 11:31 am

    IIP and CPI data will be out at 1730 IST today


  7. ankush Says:
    August 12th, 2014
    Posted at: 11:31 am

    Kk...u r already in that group dear


  8. SD Says:
    August 12th, 2014
    Posted at: 11:31 am

    KK

    12th August, that means today NMDC result Date


  9. K K Says:
    August 12th, 2014
    Posted at: 11:33 am

    Hi SD,
    NMDC has good support @ 271 and resistance @ 275 levls. Trade accordingly.

    Hi frank,
    Wait till you see he inflation numbers this afternoon. and then act accordingly. May I know when did you buy ??


  10. SD Says:
    August 12th, 2014
    Posted at: 11:33 am

    ok thax KK


  11. K K Says:
    August 12th, 2014
    Posted at: 11:34 am

    Hi ankush,
    Oh! Is it. Then I don't see any alerts at the end of the day. Generally alerts will be generated if there is any discusion happens in the gtalk groups. Will check it this evening.


  12. Navin Says:
    August 12th, 2014
    Posted at: 11:35 am

    Hi K K, What's the TGT for Auropharma 800 CE short..


  13. Anuj Says:
    August 12th, 2014
    Posted at: 11:37 am

    Hi KK, whats your view on ITC..I want take long position?


  14. frank Says:
    August 12th, 2014
    Posted at: 11:38 am

    Hi K K, last week ... 07/08 aug.


  15. K K Says:
    August 12th, 2014
    Posted at: 11:39 am

    Hi Navin,
    Ultimate target should be ZERO if we hold till the expiry.
    Sorry, I forgot to update you on it further.

    My sense is that, If inflation numbers are good, above estimates, Nifty would gain strength which will push the prices of those stocks that announced amazing returns in Q1. Aurobindo, LUPIN and TATAMOTORS were few among them.

    Did you took position in it ??


  16. K K Says:
    August 12th, 2014
    Posted at: 11:42 am

    Hi frank,
    Nifty was @ 7650 levels on 07-Aug and today it is @ almost same level. But the premium for 7800 CALL got reduced from 88 level to 32 levels. This is because of the sentiment over the markets and time factor. Nifty my turn volatile in the second half based on europe opening, and ahead of inflation numbers. Maintain stoploss for your position.

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