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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  1. Kartik Says:
    August 16th, 2013
    Posted at: 9:16 am

    Hi van, they are likely to trade flat for Intraday, avoid these

    Hi Deep, they are likely to trade flat for Intraday today

    Hi Vishal, lets wait to see how they react after opening today

    Hi raja, 40 acts as its resistance, wait for 2-3 days to see if it manages to sustain this level


  2. Kartik Says:
    August 16th, 2013
    Posted at: 9:22 am

    Hi Pradeep, 780 acts as its strong support, hold it with a SL at the same


  3. Puneet Says:
    August 16th, 2013
    Posted at: 9:24 am

    Sir I am holding intraday short on maruti @1380. . its near stop loss, should i book loss ?


  4. Pradeep Says:
    August 16th, 2013
    Posted at: 9:25 am

    thanks sir. holding for now.


  5. JS Says:
    August 16th, 2013
    Posted at: 9:25 am

    hi kartik,

    holding SBIN 1600 CE @ 70

    Should I hold or exit in loss??


  6. Kartik Says:
    August 16th, 2013
    Posted at: 9:26 am

    Hi Vishal, wait for some time, strong support at 5680

    Hi Puneet, hold the short for some more time


  7. Manish Says:
    August 16th, 2013
    Posted at: 9:26 am

    How is Axis bank for short term any upside u expect.... struck at some higher levels...wht to do


  8. j k nambiar Says:
    August 16th, 2013
    Posted at: 9:28 am

    target for nifty pe pls? many thanks


  9. Kartik Says:
    August 16th, 2013
    Posted at: 9:29 am

    Hi Manish, banking stocks have been trading weak, avoid it for a while

    Hi j k nambiar, 5680 acts as its strong support, if broken can see lower levels upto 5640


  10. Kartik Says:
    August 16th, 2013
    Posted at: 9:30 am

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


  11. j k nambiar Says:
    August 16th, 2013
    Posted at: 9:32 am

    Hi Kartik, many thanks. kindest regards


  12. yogesh Says:
    August 16th, 2013
    Posted at: 9:39 am

    Hi cb/kartik,
    Can I sell maruti @cmp ?


  13. JS Says:
    August 16th, 2013
    Posted at: 9:44 am

    hi kartik/cb,

    holding SBIN 1600 CE @ 70

    Should I hold or exit in loss??


  14. Deep Says:
    August 16th, 2013
    Posted at: 9:50 am

    any suggestion for hindalco?


  15. RS Says:
    August 16th, 2013
    Posted at: 9:51 am

    Hi Kartik,
    Holding SBI 1650PE@81, ur view hold or exit on BEP.?


  16. j k nambiar Says:
    August 16th, 2013
    Posted at: 9:59 am

    many thanks for the maruti call sir.

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