Quotes with Resistance & Support
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Intraday calls for 17-08-11

Posted on: August 17th, 2011 at 8:25 am

Markets likely to open flat, resistance for Nifty at 5200

Sell JSW Steel below 640

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483 Responses

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  1. namonia Says:
    August 17th, 2011
    Posted at: 12:54 pm

    please give tar for jsw steel still holding


  2. Lalith Says:
    August 17th, 2011
    Posted at: 12:55 pm

    Hi siraj, you are in big profits dude, if you are unable to sell your option on or before expiry here's what you gain per your trade

    profit = (Rs60 - Rsexpiry date closing price) * lot size less charges

    eg.,

    say on expiry IVRCL closes at 30 and you have 1 lot of 1000 shares(assumption)

    your profit will be (rs60 - rs30 )*1000 = 30,000 less charges


  3. Micky-Intrday Master Says:
    August 17th, 2011
    Posted at: 12:57 pm

  4. Micky-Intrday Master Says:
    August 17th, 2011
    Posted at: 1:00 pm

  5. subramanivs Says:
    August 17th, 2011
    Posted at: 1:00 pm

    Hi Kartik,
    I have 5500 call , reliande 840 and 860 call option and gail 460 call option at high rates. i am in huge loss if i sell this. what shall i do? Any call or put to buy to cover this loss? I have only 10k now. please suggest me?


  6. SB Says:
    August 17th, 2011
    Posted at: 1:02 pm

    Hi Kartik, My clinet holding DLF @ 250 , Yesterday they god some bad news , not sure of it . How it looks ? can it come to 250 ? what advice to be taken ?


  7. K K Says:
    August 17th, 2011
    Posted at: 1:02 pm

    Hi Kartik,
    Bough Nifty 5000 @ 50. Now trading @ 68.
    Shall I exit or wait for any target ??


  8. Kartik Says:
    August 17th, 2011
    Posted at: 1:05 pm

    Hi K K, hold it for some more time

    Hi SB, technically looks weak, might take a while to recover, if possible hold it for a years time

    Hi subramanivs, exit from Reliance Ce and enter PE to hedge, keep a SL at 4950 for Nifty CE

    Hi namonia, if it breaks 640, can see 632


  9. Micky-Intrday Master Says:
    August 17th, 2011
    Posted at: 1:05 pm

  10. Kartik Says:
    August 17th, 2011
    Posted at: 1:05 pm

    I'LL BE BACK IN 30 MINS/


  11. gayaram Says:
    August 17th, 2011
    Posted at: 1:06 pm

    Hi Karthik, Why Coalindia is always not participating in the downtrend.


  12. jaanu Says:
    August 17th, 2011
    Posted at: 1:06 pm

    Kartik sir...any script for short term...best returens.........thanks.


  13. SAI Says:
    August 17th, 2011
    Posted at: 1:07 pm

    HI KARTIK GA. HOLDING 5000PE BOUGHT Y'DAY @ 72 WHR TO COVER TODAY


  14. Preet Says:
    August 17th, 2011
    Posted at: 1:11 pm

    Hi CB/Karthik,

    Wat shud be the strategy in the current market scenario?
    Should I start collecting shares or wait?
    I am already more than 50% loss in all my shares.
    Will it be fine if I start averaging now?
    Pls advice.


  15. K K Says:
    August 17th, 2011
    Posted at: 1:12 pm

    Hi SAI,
    5000 PE touched 78 level today and turned back to 68 levels. Let's wait for some time.


  16. gayaram Says:
    August 17th, 2011
    Posted at: 1:13 pm

    Hi SAI, GA. I am also holding 4900 pe.

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