Quotes with Resistance & Support
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Intraday calls for 24-08-12

Posted on: August 24th, 2012 at 8:33 am

Markets likely to open lower, Support for Nifty at 5350, resistance at 5420

Buy Inox Leisure around 60.5, Target: 64, SL 58 – (exit at 58.50)

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669 Responses

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  1. Kumar Says:
    August 24th, 2012
    Posted at: 3:10 pm

    hi kartik, can i sold Lanco Infra for trg of 11 in this Exp? and any news in IFCI?


  2. subodh Says:
    August 24th, 2012
    Posted at: 3:10 pm

    Hi SR, hmmm :)


  3. SR Says:
    August 24th, 2012
    Posted at: 3:10 pm

    Hi Kartik, GA, Welcome Back


  4. Kartik Says:
    August 24th, 2012
    Posted at: 3:11 pm

    Hi Nagaraj, hold till MOnday

    Hi Kumar, not sure of any news on IFCI yet, LITL can be shorted for 3-4 days


  5. SR Says:
    August 24th, 2012
    Posted at: 3:12 pm

    Hi Nagaraj, Exit part near 5380, hold the rest with sl at 5401 as I had said in the morning.


  6. Ganesh Says:
    August 24th, 2012
    Posted at: 3:12 pm

    Hi Kartik, Shorted HINDUNILVR at 525 shall we wait 2 more days or book profit. from yesterday it seems went into profit booking.


  7. Kartik Says:
    August 24th, 2012
    Posted at: 3:13 pm

    Hi Ganesh, would be better to book, it looks strong overall


  8. Ganesh Says:
    August 24th, 2012
    Posted at: 3:14 pm

    Hi Kartik, hm ok thanks. it gave me two side profit today


  9. Nagaraj Says:
    August 24th, 2012
    Posted at: 3:15 pm

    Thanks SR...


  10. SR Says:
    August 24th, 2012
    Posted at: 3:16 pm

    Hi Nagaraj, Most Welcome.


  11. sona Says:
    August 24th, 2012
    Posted at: 3:16 pm

    Hi Kartik, shall i buy McDowell equity at CMP


  12. chetan Says:
    August 24th, 2012
    Posted at: 3:16 pm

    hi kartik. i exited 1 lot of ntpc shorts. now holding 1lot SHORTED at 164. What to do ? Also shorted bhushan steel futures at 460. now 463 . there is a discount in future of around 2rs from cash price. what to do in that? kindly tel for both ntpc and bhushan steel


  13. sanzy Says:
    August 24th, 2012
    Posted at: 3:18 pm

    hi SR

    holding 5500CE in loss..
    should i exit today or hold till monday


  14. subodh Says:
    August 24th, 2012
    Posted at: 3:19 pm

    Hi SR, what do u think of next series(Septemeber)?


  15. vijay Says:
    August 24th, 2012
    Posted at: 3:19 pm

    Hi Kartik,
    I am holding TTML in loss, shall i book the loss or hold ?


  16. Kartik Says:
    August 24th, 2012
    Posted at: 3:19 pm

    Hi sona, it looks overbought, would be better to wait for a dip in it

    Hi chetan, if possible continue to hold both of them till Monday, should see some more downside

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