Quotes with Resistance & Support
Market Information

Intraday calls for 16-08-12

Posted on: August 16th, 2012 at 8:25 am

Markets likely to open flat. Support for nifty is at 5350.

Buy Jai corp ltd at 59.50, target: 62.50. Stoploss: 57.80 – (exit Jaicorp at 60.70)

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687 Responses

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  1. aabha Says:
    August 16th, 2012
    Posted at: 12:50 pm

    yeah, thanx a ton Kartik.


  2. Anne Says:
    August 16th, 2012
    Posted at: 12:50 pm

    Kartik ..

    is it possible to see 5400 today ?


  3. Sunil Says:
    August 16th, 2012
    Posted at: 12:51 pm

    Buy on every 25-50 points decline in nifty fut not in option sl 5280 on closing basis tgt 5460-5500 hold for this expiry.


  4. sandeep Says:
    August 16th, 2012
    Posted at: 12:52 pm

    karthik................wats ur view on ASIAN PAINTS? Iam holding its 3900 CALL for current series? can it see levels close to 3775 in next 3-5 days?
    plz reply


  5. chetan Says:
    August 16th, 2012
    Posted at: 12:53 pm

    hi kartik. holding 2 lots short of ntpc. today its weak. do you expect to come do2wn to 167 or i should book loss? i dont have fund to hedge


  6. vishnuteerth Says:
    August 16th, 2012
    Posted at: 12:53 pm

    Karhik, I have L&T@ 1448, should i continue to hold or exit@ cmp??


  7. Sunil Says:
    August 16th, 2012
    Posted at: 12:54 pm

    Booked LT FUT @ 1475 AND RIL FUT @ 815, Bye guys some work is due.


  8. Kartik Says:
    August 16th, 2012
    Posted at: 12:58 pm

    Hi aabha, most welcome

    Hi vishnuteerth, keep at railing SL at 1465 and hodl it for some more time

    Hi chetan, continue to hold it wit ha trailing SL at 169, seems to see some profit booking today

    Hi sandeep, seems to be seeing profit booking today, hold it with a SL at 3680

    Hi dak, strong support at 395


  9. chetan Says:
    August 16th, 2012
    Posted at: 1:00 pm

    kartik i shorted ntpc 2 lots . not long in it


  10. R.D. Says:
    August 16th, 2012
    Posted at: 1:01 pm

    Hi Kartik, sir Geometric Ltd. can touch 110 today?


  11. Vijay K Says:
    August 16th, 2012
    Posted at: 1:02 pm

    Hi Anne, Mkt looks rangebound, strong support @round 5365. no news to lift up the mkt, 5400 looks difficult today.


  12. Kartik Says:
    August 16th, 2012
    Posted at: 1:03 pm

    Hi R.D., yes

    Hi chetan, ok, hold the shorts with a Sl at 172 (resistance) and hold it for 1-2 days


  13. Kartik Says:
    August 16th, 2012
    Posted at: 1:03 pm

    i'll be back in 30 mins ************************************


  14. AD Says:
    August 16th, 2012
    Posted at: 1:07 pm

    CB, Please suggest what to do with Jai corp?


  15. PK Says:
    August 16th, 2012
    Posted at: 1:07 pm

    hello cb /kartik
    i enter IGL at 268
    what will be SL ?


  16. Vijay K Says:
    August 16th, 2012
    Posted at: 1:13 pm

    nxt stop 5380?

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