Quotes with Resistance & Support
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Intraday calls for 14-09-12

Posted on: September 14th, 2012 at 8:20 am

Markets likely to open higher, support at 5340 and resistance at 5560

Sell TCS on rise – (Book profits in TCS at 1412 if entered short at opening)

12.45pm – Buy JSW Steel at 708.50, target: 722. Stoploss: 697 – (Book profits in JSW Steel at 715.50)

2.53pm – If holding Pantaloon from yesterday, book at 161

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972 Responses

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  1. saif Says:
    September 14th, 2012
    Posted at: 1:31 pm

    hi sr sir
    i have shorted jindal steel at 365 should i hold or exit with loss


  2. SaiPalanivel Says:
    September 14th, 2012
    Posted at: 1:31 pm

    Nifty 5590 closing basis today test R1,5630 R2 5690,coming days.its a paid tips suggest
    S1,5500 S2,5465.


  3. Kartik Says:
    September 14th, 2012
    Posted at: 1:32 pm

    Hi akila, yes, seeing a good bounce

    Hi ashish, would advice not to avg more. technically does look a bit strong above 810. if possible hedge with couple of 850 ce's

    Hi jk, around 5600


  4. Aabha Says:
    September 14th, 2012
    Posted at: 1:33 pm

    Hi akila, you at least did not enter...i entered and exited at 353 at a small profit....see, lost opportunity to gain so much on it in one day!


  5. piya Says:
    September 14th, 2012
    Posted at: 1:33 pm

    HIEE SR,

    CAN V EXPECT THE BANKING STOCKS TO COME DOWN IN THE NEXT WEEK???
    SHORT ON AXIS BANK N IN BIG LOSS:(


  6. SR Says:
    September 14th, 2012
    Posted at: 1:33 pm

    Hi sonu, Keep a trailing SL. If its medium to long term holding, Maruti will give a positive breakout if it closes above 1250 and see 1400 levels in short to medium term.


  7. YASH Says:
    September 14th, 2012
    Posted at: 1:34 pm

    KARTHIK

    iAM HOLDING RENUKA 35 CE IS IT HOLD OR EXIT
    IS THERE ANY PROFIT BOOKING


  8. newbie Says:
    September 14th, 2012
    Posted at: 1:36 pm

    HI SR,

    I have 5300 pe in heavy loss. should i hold till expiry


  9. Kartik Says:
    September 14th, 2012
    Posted at: 1:36 pm

    Hi YASH, book profit on rise. has resistance at 34-35


  10. Aabha Says:
    September 14th, 2012
    Posted at: 1:37 pm

    Hi Kartik, JSW still looks good? Will hit target today?


  11. Kartik Says:
    September 14th, 2012
    Posted at: 1:37 pm

    Hi Aabha, yes, likely to


  12. ashish Says:
    September 14th, 2012
    Posted at: 1:38 pm

    Thanks for the advice.


  13. PK Says:
    September 14th, 2012
    Posted at: 1:38 pm

    Hi which one to enter....??


  14. Akash Says:
    September 14th, 2012
    Posted at: 1:38 pm

    Hi Kartik, Shud I buy CE or PE now? I am feeling bad that I sold too early and Nifty is going up and up only. I guess Nifty can see 5650 in 1-2 days/. Buy 5600 or 5700 CE for 4-5 times return?


  15. Kartik Says:
    September 14th, 2012
    Posted at: 1:39 pm

    Hi ashish, most welcome.


  16. Aabha Says:
    September 14th, 2012
    Posted at: 1:39 pm

    Hi Kartik, gr8! Recovering losses today!

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