Intraday calls for 18-08-11

Quotes with Resistance & Support

Market Information

Intraday calls for 18-08-11

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

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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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Wayne Says:
August 18th, 2011
Posted at: 8:38 am
Hi Kartik, Thank you.. Since it is very volatile need your advice on this. Does it look weak technically and find strong resistance at 59-60 levels?? What levels can I expect today if I short at these levels?
Kartik Says:
August 18th, 2011
Posted at: 8:39 am
Hi Wayne, Yes, strong resistance at 60, can slip around 56 if touches a high of 60
Satya Says:
August 18th, 2011
Posted at: 8:42 am
Idea fut. 2 lot avg. at 94. What to do and target?
investor Says:
August 18th, 2011
Posted at: 8:43 am
do you think Reliance is worth a buy for long term? If yes, is this the correct time to enter? My view goes over 5 years.
bhargavi Says:
August 18th, 2011
Posted at: 8:49 am
Entry level, stoploss, target for hero honda?
YOGI Says:
August 18th, 2011
Posted at: 8:49 am
Hi
Kartik and friends
nifty levels today
Res /5108/ 5153 / 5198 /
Sup /5018 / 4973 / 4928 /,
K K Says:
August 18th, 2011
Posted at: 8:51 am
Hi Kartik,
Hi YOGI,
Good Morning. What are the expectations for today's Markets? What's the direction..
Micky-Intraday master Says:
August 18th, 2011
Posted at: 8:51 am
Good mrning all...
KARTIK can we short on tata motors today and long on vip for 20 points gain ?
Kb Says:
August 18th, 2011
Posted at: 8:53 am
Hi Kartik, GM
Hi YOGI, GM. . thanks for link .. thats a good one ..
Kartik Says:
August 18th, 2011
Posted at: 8:54 am
Hi Satya, hold it for 2-3 days with a tight SL at 90, can see 98 if Markets recover
Hi investor, no, dont make fresh entries yet, wait for some time
Hi bhargavi, enter around 1930, target: 1955, SL 1920
Hi K K, GM, seems we might trade flat for today
Hi YOGI, GM, thanks
Kartik Says:
August 18th, 2011
Posted at: 8:54 am
Hi Kb, GM
YOGI Says:
August 18th, 2011
Posted at: 8:55 am

nifty future levels today
Res / 5124 / 5181 / 5292 /
Sup / 5012 / 4957 / 4845 /,
Micky-Intraday master Says:
August 18th, 2011
Posted at: 8:55 am
Hi Kartik missed my querry,
sarkar.s Says:
August 18th, 2011
Posted at: 8:56 am
@ttsathya, I think exit 5200 CE & hold Apolo tyr for today. But get the comments of experts, its my view.
Kartik Says:
August 18th, 2011
Posted at: 8:57 am
Hi ttsathya, keep a SL at 5030 for the CE, Apollo below 60 looks weak, if it continues to trade below 60 today, exit from it
YOGI Says:
August 18th, 2011
Posted at: 9:00 am
Hi
bank nifty levels
Res / 10146 /10336 / 10672 /
Sup / 9810 / 9665 / 9329 /,