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. Robotguy Says:
    August 24th, 2012
    Posted at: 9:03 am

    Hi SS, Good morning


  2. Robotguy Says:
    August 24th, 2012
    Posted at: 9:05 am

    Hi SS, What r u planning to trade for today


  3. SR Says:
    August 24th, 2012
    Posted at: 9:05 am

    Hi keval, Exit shorts on Nifty dips ... Supports at 5380 and 5359 below 5401.

    Hi SS, GM


  4. vishal Says:
    August 24th, 2012
    Posted at: 9:06 am

    hi, i am holding il&fs engineering and construction since last 2 years, day before it gave a very solid move of 20% upper circuit, but yesterday it fizzled out, pls advise, thanks


  5. Robotguy Says:
    August 24th, 2012
    Posted at: 9:07 am

    Hi SR, Good morning


  6. SR Says:
    August 24th, 2012
    Posted at: 9:07 am

    Hi Robotguy, Good Morning again :)


  7. Kartik Says:
    August 24th, 2012
    Posted at: 9:09 am

    Hi vishal, below 60 it looks weak, if entered at higher levels, continue to hold it for long term, faces strong resistance around 60-62


  8. VS Says:
    August 24th, 2012
    Posted at: 9:09 am

    goodmorning kartik, can i buy RIL OR COAL for intraday? pl suggest target for both...


  9. U K Says:
    August 24th, 2012
    Posted at: 9:10 am

    HI SR Good Morning, What about nifty today?


  10. ams Says:
    August 24th, 2012
    Posted at: 9:11 am

    Hi Kartik,

    Good Morning.

    Can i enter 5100 PE 27-Sep @ CMP?


  11. Robotguy Says:
    August 24th, 2012
    Posted at: 9:11 am

    Hi Akash, Just cool down, u always get panicked don't get confused and enter into too many positions. Just keep your number of trades low. I am really worried about u. Else take a break from future/options and trade in cash. Don't avail your full margin. Once u settle down then once again you can start trading in futures.


  12. vishal Says:
    August 24th, 2012
    Posted at: 9:11 am

    ok, thanks kartik


  13. A Says:
    August 24th, 2012
    Posted at: 9:12 am

    Hi Kartik, Still holding BHEL 240 Call @1.85. CMP 1.5. Pls advise.


  14. Nagaraj Says:
    August 24th, 2012
    Posted at: 9:12 am

    Good Morning to all. Please suggest how about Bharti Airtel 240pe...


  15. SR Says:
    August 24th, 2012
    Posted at: 9:12 am

    Hi U K, Below 5401, may see profit booking. Supports at 5380 and 5359


  16. Kartik Says:
    August 24th, 2012
    Posted at: 9:13 am

    Hi VS, they may open lower, dont enter them for Intraday today

    Hi U K, likely to open lowrer, may trade flat after opening

    Hi ams, no, dont enter it yet

    Hi vishal, most welcome

    Hi Akash, Yes, book in 4800 PE on opening, hold the rest for some more time

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