Quotes with Resistance & Support
Market Information

Intraday calls for 18-08-14

Posted on: August 18th, 2014 at 8:26 am

Markets likely to open flat. Resistance for Nifty is at 7820 and support at 7740.

No pre-market call for today.

11.22am – Exit from reliance Industries at 1010

12.56pm – Buy ICICI bank at 1509, target: 1530. Stoploss: 1494 – (Book profit in ICICI bank at 1527)


Thought for the day: I always knew I was going to be rich. I don’t think I ever doubted it for a minute –
Warren Buffett

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389 Responses

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Comment pages: 67891011121314Show all

  1. SAI Says:
    August 18th, 2014
    Posted at: 10:43 am

    Hi K K, GM


  2. Cj Says:
    August 18th, 2014
    Posted at: 10:44 am

    Hi K K, Both :)


  3. Suresh M Says:
    August 18th, 2014
    Posted at: 10:45 am

    Hi KK, can i enter in soutn indian bank at cmp(28.10) for long term..or should i wait for a correction?


  4. Arjun Bharath Says:
    August 18th, 2014
    Posted at: 10:46 am

    Hi CB sir,
    Good morning.

    Hi KK,
    Good morning. Could not check your post on thursday due to weak internet.
    Squared off crompton greaves at 201


  5. Shreeux Says:
    August 18th, 2014
    Posted at: 10:47 am

    Good Morning
    K K


  6. Shreeux Says:
    August 18th, 2014
    Posted at: 10:48 am

    Hi, CB/KK

    Holding Mirza International @ 31...For short term exit level?


  7. K K Says:
    August 18th, 2014
    Posted at: 10:49 am

    Hi Suresh M,
    For long term you need to wait for a correction, Bank Nifty would see correction till 14900 - 14800 again in coming days,. Then you can acculate the stock for long term.

    Hi Arjun Bharath,
    no problem. something is better than nothing.

    Hi SAI, GM

    Hi Cj,
    Short AuroPharma 820 call @ CMP


  8. frank Says:
    August 18th, 2014
    Posted at: 10:51 am

    KK / CM

    I am holding 7800 Put @ 83.... need your advise. Hold or exit?


  9. Cj Says:
    August 18th, 2014
    Posted at: 10:51 am

    Hi K K, whats will be the holding period for Aurobindo ?


  10. K K Says:
    August 18th, 2014
    Posted at: 10:55 am

    Hi Cj,
    1 week to 10 days time. currently trading @ 5.50 you can exit @ 2.
    If you have margin issues, you can try with 840 CAll or 860 call as well.

    Hi frank,
    I will suggest you to exit and enter again after dips in the premium


  11. vinay Says:
    August 18th, 2014
    Posted at: 10:57 am

    Hi K K, I HV shorted cesc @700 and cipla @450 levels
    what's your view ? Levels ? Thanks


  12. LB Says:
    August 18th, 2014
    Posted at: 10:58 am

    Hi K K,
    Can i add some LT at CMP


  13. frank Says:
    August 18th, 2014
    Posted at: 10:59 am

    Hi K K, Ok. Thanks.


  14. K K Says:
    August 18th, 2014
    Posted at: 10:59 am

    Hi vinay,
    Both gave good Q1 numbers. We had seen a rally in CESC from 603 to 700 levels in small period. You have to wait for few days for the prices to come to your selling price.


  15. Cj Says:
    August 18th, 2014
    Posted at: 10:59 am

    Hi K K, yup, shorted Aurobindo @ 5.5


  16. K Banerjee Says:
    August 18th, 2014
    Posted at: 11:01 am

    Hi K K
    Good Morning , Can I buy Auropharma 740PE at current cmp .. I already hold 7700 PE and 7800 PE ... Pls advice. Thanks.

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