Quotes with Resistance & Support
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Intraday calls for 13-08-12

Posted on: August 13th, 2012 at 8:25 am

Markets likely to open flat. Resistance for nifty is at 5360 and support at 5285

Buy Maruti Suzuki at 1166, target: 1182. Stoploss: 1151 – (avoid- opened gap up)

9.37am – Buy IGL at 254.25, target: 261. Stoploss: 250 – (Book profit in IGL at 258)

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504 Responses

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  1. Prashant Says:
    August 13th, 2012
    Posted at: 1:19 pm

    Hello Sirji

    I have short Tata Steel Aug Fut @ 366 Please suggest me on this

    And Please recommend me one future stock for positional holding for 2-3 days Let it be

    either Buy or Sell

    Thank You Sirji


  2. shashi Says:
    August 13th, 2012
    Posted at: 1:24 pm

    HI ARCHANA VERY GA.....
    Sorry........ neenu eppude chusanu......baagunaanu


  3. shashi Says:
    August 13th, 2012
    Posted at: 1:25 pm

    mari meeru


  4. njain Says:
    August 13th, 2012
    Posted at: 1:27 pm

    hi is it fine to enter unichemlab at cmp as it has already made its 52week high/
    if yes then pls tell me the time limit and tgt .
    thank you


  5. tushar Says:
    August 13th, 2012
    Posted at: 1:27 pm

    Hi Kartik,

    I have shorted HDIl at 83.6 for intraday. What should i do?


  6. chetan Says:
    August 13th, 2012
    Posted at: 1:30 pm

    hi kartik. pls reply. shorted with 2 lots ntpc future avg 167. as u said its not sustaining over 172.30 cash bt near to that level throughout. pls tel should i book 20k loss or hope for its retracement


  7. CB Says:
    August 13th, 2012
    Posted at: 1:31 pm

    Hi Prashant, tata steel is a hold for now. does look weak. as of now no new call in futures

    Hi Asif, it does have good support at 88-89. hold onto it for now

    Hi U K, does look a bit strong above 129. don't short yet

    Hi archanareddy, most welcome

    Hi aabha, can add in small quantity here. does look good

    Hi manmin, hope ths helps: http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory


  8. Kb Trader Says:
    August 13th, 2012
    Posted at: 1:31 pm

    Update on short call posted at 10:07 am. ..

    Keep stop at entry cost/ trailing


  9. Kb Trader Says:
    August 13th, 2012
    Posted at: 1:32 pm

    Hi CB, heyyyyyyy cbbbb


  10. CB Says:
    August 13th, 2012
    Posted at: 1:32 pm

    Hi njain, not yet. would advice to wait for some dip to enter it.

    Hi tushar, can test 82.50 if markets turn a bit weak

    Hi chetan, yes, hold it for now. can see 168 again in 1-2 dyas


  11. CB Says:
    August 13th, 2012
    Posted at: 1:33 pm

    Hi Kb Trader, Good afternoon..


  12. Kb Trader Says:
    August 13th, 2012
    Posted at: 1:35 pm

    Hi CB, Good afternoon.. hauewyreesdh ieyuegdty wiey fquie owfeuy


  13. R.D. Says:
    August 13th, 2012
    Posted at: 1:35 pm

    Hi CB, Sir booked profits in UBH, it took a great jump today thanks for the call. and what about IGL for today will it achieve target?


  14. CB Says:
    August 13th, 2012
    Posted at: 1:36 pm

    Hi Kb Trader, :)


  15. CB Says:
    August 13th, 2012
    Posted at: 1:36 pm

    Hi R.D., :) nice.. yes, igl is likely to test 260


  16. Das Says:
    August 13th, 2012
    Posted at: 1:37 pm

    any chance of market coming positive today?

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