Quotes with Resistance & Support
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Intraday calls for 16-08-13

Posted on: August 16th, 2013 at 8:32 am

Markets likely to open lower, support for Nifty at 5680

Sell Maruti Suzuki around 1380, target: 1355, SL 1400 – (Book profit in Maruti at 1343)

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229 Responses

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Comment pages: 789101112131415Show all

  1. Kartik Says:
    August 16th, 2013
    Posted at: 7:08 pm

    Hi Shravan, it looks uncertain for now with the weak Markets, lets wait to see how Markets react on Monday

    Hi ramsingh, it could give a bounce upto 13.20 if markets give a small bounce


  2. Kartik Says:
    August 16th, 2013
    Posted at: 7:13 pm

    Hi Vishal, would be better to wait to see how Markets react in the next 2-3 days time, it would be better to ext from your USL CE though, keep a SL at 1305 (cash) for Tech Mahindra


  3. cvrprakash Says:
    August 16th, 2013
    Posted at: 7:14 pm

    Hi Kartik,

    I am holding Dena Bank for some time now.
    Its one of the highest Div.Yield stocks in Market now.
    Bank Nifty seeing overall weak, where this is going to end? Where it can find strong support? Please suggest any better buy in bank nifty. I don't mind holding it for 1-2 years if there is chances of 50-100% return from this throw away prices. Thanks.


  4. Vishal Says:
    August 16th, 2013
    Posted at: 7:15 pm

    Hi Kartik, So can we see more downside in USL and Market?


  5. Kartik Says:
    August 16th, 2013
    Posted at: 7:16 pm

    Hi Vishal, Yes, if markets continue to trade lower ahead

    Hi cvrprakash, continue holding it and avg it out on dips once markets settle, it shall do well in the smid/long term


  6. sanjaygoti Says:
    August 16th, 2013
    Posted at: 10:39 pm

    hi cb sir axis level


  7. avis Says:
    August 16th, 2013
    Posted at: 10:49 pm

    Hi cb
    I have short pos in infosys
    can i see 2900 levels on monday in infosys


  8. kumar Says:
    August 17th, 2013
    Posted at: 10:22 am

    Hi CB/Kartik,

    I am holding L & T fut @ 804 and kotak bank Fut @ 666, any suggestion/exit on bounce?if so, what is the best price to EXIT.

    Regards
    kumar


  9. sourabh Says:
    August 17th, 2013
    Posted at: 12:01 pm

    Hi...

    Can i buy ITC.....


  10. Kartik Says:
    August 17th, 2013
    Posted at: 1:09 pm

    Hi sourabh, wait for a couple of days for Markets to settle

    Hi kumar, they look weak wit hthe markets, if possible try to exit them on any rise in the next 1-2 days time

    Hi sanjaygoti, can dip upto 1020

    Hi avis, can dip upto 2950 on Monday


  11. pankaj Says:
    August 17th, 2013
    Posted at: 3:37 pm

    hi cb sir
    which level around i can buy sbi& kotak bank for 6month?


  12. shiva Says:
    August 17th, 2013
    Posted at: 4:29 pm

    hi karthik,

    for long term can i start invest in BHEL ans suzlon on SIP.

    thanks


  13. Kartik Says:
    August 17th, 2013
    Posted at: 4:31 pm

    Hi pankaj, wait for a couple of weeks for Markets to settle, these have been trading weak with the Markets lately

    Hi shiva, dont start investing in them at current levels as they look weak, wait for some time


  14. pankaj Says:
    August 17th, 2013
    Posted at: 5:33 pm

    hi cb sir
    can 1460 is right level for enter in sbi this market?


  15. Kartik Says:
    August 17th, 2013
    Posted at: 6:01 pm

    Hi pankaj, it looks weak for now, would be better to wait for a cuple of weeks until its prices settle, it seems to be in a downtrend for now


  16. pankaj Says:
    August 17th, 2013
    Posted at: 6:22 pm

    thanks kartik

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