Quotes with Resistance & Support
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Intraday calls for 21-08-13

Posted on: August 21st, 2013 at 8:26 am

Markets likely to open higher. Resistance for nifty is at 5480 and support at 5350 (closing basis).

Buy Cairn India at 314.90, target: 320. Stoploss: 310 – (Can continue to hold Cairn for 1-2 days.)

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226 Responses

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Comment pages: 789101112131415Show all

  1. Palash P Says:
    August 21st, 2013
    Posted at: 9:28 pm

    KARTIK SIR I HAVE BOUGHT 320CE @4.15 and 10 LOTS, NOW I AM HAVEING HUG LOSS, WHAT SHOUD TO DO PLZ TELL ME


  2. Kartik Says:
    August 21st, 2013
    Posted at: 9:59 pm

    Hi Palash P, I mis-read your comment, please recheck above


  3. Ghani Says:
    August 21st, 2013
    Posted at: 10:27 pm

    sir, why did cairn india fell today? it was extra ordinary on charts rite? whats your view


  4. Kartik Says:
    August 21st, 2013
    Posted at: 10:31 pm

    Hi Ghani, seems it was unable to hold on to its strong resistance of 305, faces next support at 295


  5. bk Says:
    August 21st, 2013
    Posted at: 11:01 pm

    Hi CB,

    i am holding long fut BHEL at 115. today it came up to the level of 109. and closed 105.6.
    i have IDBI fut at 55 levels longside.

    please advise.


  6. Kartik Says:
    August 21st, 2013
    Posted at: 11:15 pm

    Hi bk, hold BHEL with a SL at 102 (cash) and IDBI with a SL at 54, they can add some gains tomorrow with Markets seeing soem short covering


  7. Kartick Says:
    August 21st, 2013
    Posted at: 11:20 pm

    Kartik .. Its good that I am not following market now a days ... otherwise would have lost a whole lot of money I guess ... Now I see lot of scripts touching 52 weeks low .. Its obvious that the market is not stable at all but being opportunistic can you suggest 3-4 scripts which I can consider investing for long term .... may be 1-2 yr .. in that way may be i recover some of the amount that i lost earlier ... :) ..


  8. bk Says:
    August 21st, 2013
    Posted at: 11:22 pm

    thank u kartik and good night


  9. Kartik Says:
    August 21st, 2013
    Posted at: 11:36 pm

    Hi bk, most welcome, Good night

    Hi Kartick, Yes, we've been in a downtrend with the falling rupee, SBI, Balmer Lawrie & Co. look good for Long term


  10. raushan Says:
    August 22nd, 2013
    Posted at: 12:07 am

    kartik sir
    for the 1-2month time what should i buy
    Hindalco
    m&m
    R capital
    icici bank
    aur any other nifty stock would u like to suggest?


  11. Sohan Says:
    August 22nd, 2013
    Posted at: 1:36 am

    Hello CB,

    Rupee could really touch near 70, what is your opinion.

    Sohan


  12. Deva Says:
    August 22nd, 2013
    Posted at: 2:17 am

    Now can invest in market for long time like SBI RIL etc


  13. Kartik Says:
    August 22nd, 2013
    Posted at: 7:36 am

    Hi raushan, the mentioned stocks look weak, avoid these for Intraday, shall post a Intraday in the next couple of minutes

    Hi Deva, would be better tow ait for some more time for Markets to settle


  14. aman Says:
    August 22nd, 2013
    Posted at: 7:48 am

    hi i want to short sbi plz tell tgt & sl. &plz tell about nifty where it can go


  15. Kartik Says:
    August 22nd, 2013
    Posted at: 8:00 am

    Hi aman, avoid going short today http://nseguide.com/intraday-calls-tips/intraday-calls-for-22-08-13/

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