Quotes with Resistance & Support
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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)

Trade in small quantity

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618 Responses

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Comment pages: 313233343536373839Show all

  1. RamOoty Says:
    August 27th, 2012
    Posted at: 8:15 pm

    Hi CB sir can I enter in ONELIFECAP for shortterm since it is in bullish mode.


  2. Kartik Says:
    August 27th, 2012
    Posted at: 8:25 pm

    Hi sona, below 1900 looks weak, if Markets trade flat or weakens, it can see some more downside ahead

    Hi RamOoty, it can be a risky bet, you may enter it in small quantity with a SL at 635


  3. RamOoty Says:
    August 27th, 2012
    Posted at: 8:26 pm

    Hi Kartik is there any site which guides to trade Indian currency (usd/inr) profitably.


  4. Rise Says:
    August 27th, 2012
    Posted at: 8:30 pm

    sir....m hold in tata motors at 241....wat to do ???


  5. richerich Says:
    August 27th, 2012
    Posted at: 8:35 pm

    ur view on hindalco and jsw ispat ,brigade of long term{1 year}..


  6. RANJAN Says:
    August 27th, 2012
    Posted at: 8:42 pm

    hi kartik can i enter in CROMPTON FOR short term...(up to expiry) sl tgt please


  7. Aupam Jain Says:
    August 27th, 2012
    Posted at: 8:44 pm

    I have dish tv 650 @ 75. What is about it?


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

    hi kartik,sectors like bank , infra, power, metal, communicatoin corrected a lot. according to you .how much downside is left in these sector


  9. Kartik Says:
    August 27th, 2012
    Posted at: 8:58 pm

    Hi RamOoty, not really sure, but we do post Forex calls here: http://nseguide.com/forex-calls-trading/

    Hi Rise, hold it for another 2-3 days, keep a SL at 238 (support)


    Hi richerich, the mentioned stocks look weak overall, avoid making fresh entries in them yet, wait for some time

    Hi RANJAN, below 120 it looks weak, would be better to avoid it

    Hi Aupam Jain, it has been seeing profit booking lately, if possible hold it for Short term with a SL at 66 (strong support level)


  10. Kartik Says:
    August 27th, 2012
    Posted at: 9:01 pm

    Hi RAVI, likely to slip by another 10-15%


  11. richerich Says:
    August 27th, 2012
    Posted at: 9:08 pm

    i see jindal steel in downtrend ..plz advice its point where i can enter for a buy...and long term target as well..thnx


  12. Rise Says:
    August 27th, 2012
    Posted at: 9:16 pm

    ok sir thnk u :D


  13. raj Says:
    August 27th, 2012
    Posted at: 9:22 pm

    hi karthik got into nifty 5300 put.exit tomorrow since s&p positive


  14. Kartik Says:
    August 27th, 2012
    Posted at: 9:47 pm

    Hi richerich, wait for a few days till its price settle, dont enter it yet

    Hi Rise, most welcome

    Hi raj, lets wait to see how Asian ques manage to react tomorrow


  15. SaiPalanivel Says:
    August 27th, 2012
    Posted at: 9:52 pm

    HI KARTIK SIR,GE.NIFTY NEXT STRONG SUPPORT LEVEL? YOUR VIEW.


  16. NH Says:
    August 27th, 2012
    Posted at: 10:04 pm

    Hi Kartik, pls reply to Akash on his post at 7:32. Even I have the same situation and found this website very recently.

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