Intraday calls for 24-08-12

Quotes with Resistance & Support

Market Information

Intraday calls for 24-08-12

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

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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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Kartik Says:
August 24th, 2012
Posted at: 3:20 pm
Hi vijay, if entered around 12 rs, would be better to exit
Hi sanzy, hold with a SL at 5380
SaiPalanivel Says:
August 24th, 2012
Posted at: 3:21 pm
HI KARTIK SIR,EXIT 5300 PE? OR WAIT.
Kartik Says:
August 24th, 2012
Posted at: 3:21 pm
Hi Akash, avoid making fresh entries now, since 2 days are holiday
naga Says:
August 24th, 2012
Posted at: 3:21 pm
can you advise about jbf industries can be hold or sell?
my buy is at 124
sonia Says:
August 24th, 2012
Posted at: 3:21 pm
Hi kartik/ SR , can i buy dlf at current price?
Kartik Says:
August 24th, 2012
Posted at: 3:22 pm
Hi SaiPalanivel, hold till MOnday
Hi sonia, no, it looks weak
Kartik Says:
August 24th, 2012
Posted at: 3:22 pm
Hi naga, hold it for another 1-2 weeks, with a trailing SL at 142
SR Says:
August 24th, 2012
Posted at: 3:23 pm
Hi sanzy, Exit on rise for now. Next week being expiry. Will decay out to zero in no time.
Hi subodh, Not sure as yet, May give a breakout after a correction
naga Says:
August 24th, 2012
Posted at: 3:23 pm
target?(jbf)
Kartik Says:
August 24th, 2012
Posted at: 3:24 pm
Hi Akash, aovid fresh entries for now, hold 5200 PE and 5500 CE till Monday
Kartik Says:
August 24th, 2012
Posted at: 3:24 pm
Hi naga, 155
sonu Says:
August 24th, 2012
Posted at: 3:24 pm
Hi SR, Can we write (sell) Nifty 5200 PUT (Sep) and nifty 5600 CALL (SEP) now .
CA.Tejas Says:
August 24th, 2012
Posted at: 3:24 pm
What will b d short term tgt of voltas??
Kartik Says:
August 24th, 2012
Posted at: 3:25 pm
Hi CA.Tejas, below 115 looks weak, if entered for intraday, exit from it
Robotguy Says:
August 24th, 2012
Posted at: 3:26 pm
Hi Kartik, R u bearish on Bank Nifty ?
SR Says:
August 24th, 2012
Posted at: 3:27 pm
Hi sonu, Not yet. Write options of next series on the day of expiry looking at the position of open interest and India VIX