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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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Comment pages: 67891011121314Show all

  1. umar Says:
    August 12th, 2014
    Posted at: 10:19 am

    Hi KK,

    Any Intraday call from you for today.


  2. K K Says:
    August 12th, 2014
    Posted at: 10:21 am

    Hi Rohit S,
    Yes You are correct. I have updated the same today in the blog as well. These numbers will give direction to RBI and then to Indian Markets today.
    Let's wait for the numbers.


  3. Arjun Bharath Says:
    August 12th, 2014
    Posted at: 10:23 am

    Hi Sir,
    Can PTC be shorted at this level?


  4. Atul Agarwal Says:
    August 12th, 2014
    Posted at: 10:24 am

    kk yarget of tata motors today and upto tommorow


  5. K K Says:
    August 12th, 2014
    Posted at: 10:29 am

    Hi Atul Agarwal,
    480 is today's target. It already met at the opening. IIP and CPI numbers would decide the directoin of the markets.


  6. mayank Says:
    August 12th, 2014
    Posted at: 10:30 am

    buy 7700 ce at 67-65 for tgt 80 SL is 61


  7. K K Says:
    August 12th, 2014
    Posted at: 10:31 am

    Hi Rohit S,
    At what price did you sell AURO PHARMA ??


  8. frank Says:
    August 12th, 2014
    Posted at: 10:33 am

    Hi K K, Nifty 7800 CE not moving much. My buying level is 88, what you suggest. hold or exit.


  9. Rohit S Says:
    August 12th, 2014
    Posted at: 10:38 am

    Hi K K, I sold at 6.5


  10. Cj Says:
    August 12th, 2014
    Posted at: 10:41 am

    Hi K K, exited Nify CE with spot 40 points gain :) looking for another opportunity


  11. SAM Says:
    August 12th, 2014
    Posted at: 10:42 am

    Hi K K,

    Based on u r input Entered tata steel 580 CE @ .4.75 ( 1 lot) . Target and SL plz.


  12. Vishal Says:
    August 12th, 2014
    Posted at: 10:43 am

    Hi CB, Any good stock in Power Sector? How is Adani Power for long term target 450-500+


  13. ankush Says:
    August 12th, 2014
    Posted at: 10:44 am

    Mayank and kk...
    Just took risk and entered on news...lucky...

    Thnx ...


  14. K K Says:
    August 12th, 2014
    Posted at: 10:44 am

    Hi Rohit S, ok, just watching the same. Will update.

    Hi Cj,
    You can take a break till we get IIP and CPI numbers. If you have chance, Tune to the TV and update us whenever you see the numbers on the screen.

    Hi frank,
    7800 is first strong resistance level for Nifty. At that level, Bears gettting more strength. and it is out of money CALL. So, premium does not move even nifty added 35 points this morning.


  15. Sam Says:
    August 12th, 2014
    Posted at: 10:47 am

    hi kk
    I shorted sbi at 2420, should i book prfits or should i wait ?


  16. CB Says:
    August 12th, 2014
    Posted at: 10:49 am

    Hi Vishal, no, as of now none

    Hi Arjun Bharath, no, not yet. lets wait

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