Quotes with Resistance & Support
Market Information

Intraday calls for 27-08-12

Posted on: August 27th, 2012 at 8:27 am

Markets likely to open flat. Support for nifty is at 5340 and resistance at 5425

Buy Cairn India at 342.80, target: 350. Stoploss: 337.50 – (Can enter 50% in Cairn at cmp: 345.20)

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618 Responses

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  1. venkat Says:
    August 27th, 2012
    Posted at: 6:06 pm

    Sorry 5400 CE @19


  2. CB Says:
    August 27th, 2012
    Posted at: 6:12 pm

    Hi ysr, Good evening. ok. don't re-enter it yet. on dips can enter a ce

    Hi Nagaraj, most welcome

    Hi venkat, its a hold with sl at 5330. can test 5380 if US markets close well today

    Hi reema, seems may open flat. bf utility can see 427. good support at 420


  3. sona Says:
    August 27th, 2012
    Posted at: 6:20 pm

    Hi CB, can we go SHORT on AXIS 2moro for 15-20 points prft at current level as it breaks its 1050 support level


  4. pankaj Says:
    August 27th, 2012
    Posted at: 6:26 pm

    bot bharti airtel sept future @ 253 today. its down to 250.5 now. pls guide whether to book losses tomorrow or hold.


  5. A Says:
    August 27th, 2012
    Posted at: 6:34 pm

    Hi CB, GE, Today bought HINDOILEXP 1 lot @ 126. It went below 120. Can I recover my price before expiry?


  6. richerich Says:
    August 27th, 2012
    Posted at: 6:50 pm

    BOUGHT VIDEOCON @ 169 ; SUZLON @ 17.95 & UNION BANK @ 163..PLZ ADVICE HOLD OR SELL {WITH LOSSES}


  7. richerich Says:
    August 27th, 2012
    Posted at: 6:55 pm

    NEWS ABOUT VIDEOCON FOR ITS NEW INVESTMENT{1K-CRORE) BUSINESS INTO TELEOM..IS IT AGUD NEWS..CAN WE EXCEPT ANY UPMOVE OF THE STOCK IN THE NEXT TRADING DAY


  8. richerich Says:
    August 27th, 2012
    Posted at: 6:57 pm

    BIT WORRIED ..PLZ SPECIFY UR VIEW ON SUZLON & UBI...THNX IN ADVANCE FOR ALLL


  9. CB Says:
    August 27th, 2012
    Posted at: 7:14 pm

    Hi sona, yes, looks a bit weak below 1050

    Hi pankaj, has strong support at 245. hold for now. can see 256-258

    Hi A, yes, its a hold. usually does well when crude prices move higher. can test 127 again

    Hi richerich, yes, these are fundamentally good bets. hold these for short/ med term. will bounce back. can look to add few more to avg if nifty corrects by 100-150 points in near term.


  10. A Says:
    August 27th, 2012
    Posted at: 7:19 pm

    Hi CB, Thanks..


  11. Akash Says:
    August 27th, 2012
    Posted at: 7:20 pm

    Hi CB, So Tata Power is better or Rel power or Nyveli Lignite or something else for long term? Also, can we buy PE now or any CE for Oct as everyone is expecting market to touch 5800 by Diwali. Shud I buy Some Oct CE?


  12. Akash Says:
    August 27th, 2012
    Posted at: 7:32 pm

    Hi CB, Pls advise if I can buy some CE or PE to make min 5-6 ties gain in few days? I hv 4000 Rs. finally (in form of stocks which I will sell), once I cud make v v good gain, I will buy back those stocks again and will hv good money to buy my stocks as well. I want these 4k to be converted into min 25k


  13. richerich Says:
    August 27th, 2012
    Posted at: 7:33 pm

    its a good news from your side..thnx a lot for ur positive view


  14. SATYA Says:
    August 27th, 2012
    Posted at: 7:38 pm

    CB, TATA MOTORS BOUGHT AT 244.5? WHAT TO DO TOMORROW?


  15. Kartik Says:
    August 27th, 2012
    Posted at: 7:56 pm

    Hi Akash, Tata Power is a safe bet for long term, avoid entering options for a few days, markets have turned quite unpredictable

    Hi richerich, most welcome

    Hi SATYA, it can add some gains if Markets manage to see some recovery, hold it with a SL at 238 (cash)


  16. sona Says:
    August 27th, 2012
    Posted at: 8:15 pm

    Hi Kartik, how does SBIN look...uptrend or downtrend

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