Quotes with Resistance & Support
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Intraday calls for 22-08-2012

Posted on: August 22nd, 2012 at 8:36 am

Markets likely to open lower, Support for Nifty at 5350, resistance at 5410

Buy TCS at 1290, Target: 1320, SL 1275 – (exit from TCS at 1296)

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646 Responses

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  1. SR Says:
    August 22nd, 2012
    Posted at: 12:57 pm

    Hi SS, Nifty will trade strong above 5402. Europe opening is already factored in and Nifty sustained above 5402, so likely to be positive.


  2. Shahul Hameed Says:
    August 22nd, 2012
    Posted at: 12:58 pm

    Hi CB Sir,
    I am hloding RIL at 910 (x 600). Shall I continue holding? Please advise.
    Many thanks


  3. Abraham Says:
    August 22nd, 2012
    Posted at: 12:58 pm

    Hi SR, till what level we can expect in infosys today?. i am holding 2450 CE


  4. ANKIT JAIN Says:
    August 22nd, 2012
    Posted at: 12:59 pm

    HII WHAT TO DO WITH TCS


  5. imran khan Says:
    August 22nd, 2012
    Posted at: 1:00 pm

    Hi SR, shall i enter 5400 call now ? for target of 5430 today?


  6. Akash Says:
    August 22nd, 2012
    Posted at: 1:00 pm

    Hi SR, Holding McDow-N in intraday at 995. Now at 957. Hold in intraday or exit and short


  7. ARCHANAA Says:
    August 22nd, 2012
    Posted at: 1:01 pm

    HI CB/SR Sir,

    boi future buy at 182 sl,tgt plz.


  8. SR Says:
    August 22nd, 2012
    Posted at: 1:03 pm

    Hi avik, Square off is nothing but closure of your open position. If you buy 100 of a scrip, Square off will sell 100 of the same and is same as giving a sell order of 100 of the same.

    Hi sanzy, Avoid going long on it till it breaks above 220 and then retraces back to about 215 levels.


  9. imran khan Says:
    August 22nd, 2012
    Posted at: 1:04 pm

    Hi SR, shall i enter 5400 call now ? for target of 5430 today?


  10. avik Says:
    August 22nd, 2012
    Posted at: 1:06 pm

    Hi SR, thank you sir, som1 misguided me a bit...anyway thank you..:)


  11. Akash Says:
    August 22nd, 2012
    Posted at: 1:06 pm

    Hi ALL, Can we buy C mahendra for 135+ target in 1-2 days?


  12. Aabha Says:
    August 22nd, 2012
    Posted at: 1:07 pm

    SR sir can i buy zodiac JRD-MKJ today for btst? Looks like they have results today and showing 8% gains on BSE already. Also ny news in Nalco? Moving up when markts are down...


  13. SR Says:
    August 22nd, 2012
    Posted at: 1:08 pm

    Hi Shahul Hameed, Hold for now. Can see 863 in near term.

    Hi Abraham, Can test 2470.

    Hi imran khan, Don't enter options for small targets, you will loose a lot. For smaller targets, trade in futures.


  14. imran khan Says:
    August 22nd, 2012
    Posted at: 1:11 pm

    Hi SR, oh ok but i never traded in futures sure i will wait then for some more dips to buy option


  15. SR Says:
    August 22nd, 2012
    Posted at: 1:12 pm

    Hi ARCHANAA, I guess its 282. Spot has strong resistance near 281.5 Would advise to enter after its break.

    Hi avik, Most Welcome.

    Hi Aabha, Sorry, Not tracking those scrips.


  16. lonely Says:
    August 22nd, 2012
    Posted at: 1:12 pm

    Hi SR, ga...sir...ur view on nifty for intraday will it come down?

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