Quotes with Resistance & Support
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Intraday calls for 18-08-11

Posted on: August 18th, 2011 at 8:31 am

Markets likely to open flat, Support for Nifty at 5000, resistance at 5220

If Markets show recovery later, buy Hero MotoCorp

12.34pm – sell jsw steel future at 637, target: 622. Stoploss: 648 (1-2 day hold)

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483 Responses

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  1. Abdullah Says:
    August 18th, 2011
    Posted at: 1:28 pm

    Hi gayaram, I do not usually follow fundamental analysis. But technically, both are in downtrend. Wait for both of them (and market as a whole) to settle.


  2. ashishkabra Says:
    August 18th, 2011
    Posted at: 1:29 pm

    i thing nifty next month 6000 +++


  3. Abdullah Says:
    August 18th, 2011
    Posted at: 1:30 pm

    Hi Kb, What to do yaar :( After going thru nsetopper, went to Tihar to support Anna. :)


  4. airbites Says:
    August 18th, 2011
    Posted at: 1:31 pm

    Hi ashishkabra,

    So u on ganja or marijuana !!


  5. ashishkabra Says:
    August 18th, 2011
    Posted at: 1:31 pm

    app sab souch raha hai mai kaya bol raha hu

    magar ajkal T.V. per bolne vale bhi to kuch bhi bol rahe hai to kaya ya sahi nahi ho sakata hai


  6. Nag Says:
    August 18th, 2011
    Posted at: 1:32 pm

    Micky-intrday master...
    Seems like even ur short on tata motors :P

    This week TM coming down 2 690 seems 2 be impossible..hopefully next week it may do but whats the SL for TATA MOTORS on the upside??


  7. dak Says:
    August 18th, 2011
    Posted at: 1:33 pm

    All, nifty continues to fall... where's the next support ?
    Bounce likely? I need to roll over my futures bought at 5083 - what would be the best strategy in this case ? Can someone help?


  8. ashishkabra Says:
    August 18th, 2011
    Posted at: 1:34 pm

    bhai badi jaldi hai jawab dene ki kam se kam next ka matalab to dekho


  9. Abdullah Says:
    August 18th, 2011
    Posted at: 1:35 pm

    Hi Airbites, Plz let everybody express his/her views :)


  10. vijendra Says:
    August 18th, 2011
    Posted at: 1:35 pm

    Hi CB,

    Holding JSW steel at 632 short.....when can i cover it?


  11. gayaram Says:
    August 18th, 2011
    Posted at: 1:36 pm

    Hi Kb, Thanks. Cleared all pes. Shall i re-enter nifty pe again near 5000 levels?


  12. Micky-intrday master Says:
    August 18th, 2011
    Posted at: 1:36 pm

  13. CB Says:
    August 18th, 2011
    Posted at: 1:37 pm

    Hi dak, will need to hold for now. after recent fall its possible see a small bounce hedge with a put if possible

    Hi vijendra, it can test 620 in a day or 2.


  14. Abdullah Says:
    August 18th, 2011
    Posted at: 1:38 pm

    Hi CB, GA :)


  15. dak Says:
    August 18th, 2011
    Posted at: 1:38 pm

    THanks CB. So you're saying dont roll-over for now ?


  16. ttsathya Says:
    August 18th, 2011
    Posted at: 1:38 pm

    Bt HINDALCO fut @143. Pl guide

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