Intraday calls for 02-08-11

Quotes with Resistance & Support

Market Information

Intraday calls for 02-08-11

Posted on: August 2nd, 2011 at 8:23 am

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Markets likely to open lower, support for Nifty at 5470 and resistance at 5540

Buy Ranbaxy at 560, Target: 568, SL 554

11.13 – buy hdfc bank at 484, target: 490. Stoploss: 479

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426 Responses

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Sriram Says:
August 2nd, 2011
Posted at: 5:04 pm
thanks cb
CB Says:
August 2nd, 2011
Posted at: 5:34 pm
Hi Raj, thanks for the update
Hi Sriram, most welcome.
nithin2009 Says:
August 2nd, 2011
Posted at: 5:53 pm
cb..i had 1200 shares of ashok [email protected] it has split...how many more shares i wil get???
YOGI Says:
August 2nd, 2011
Posted at: 6:07 pm
Hi Sriram, who applied for retail invester max limit (2 lakh rs ),and upper limit in price limit , willbe given first immportence in allotment ,anyhow company announced allotment at 52 rs ,issue subcribed 5 times ,
Karthikeyan.V Says:
August 2nd, 2011
Posted at: 7:10 pm
Hi CB: I am in loss in EKC it has gone to 88 levels, bought yesterdat at 92 yesterday. what should i do.. Kindly help pls.
CB Says:
August 2nd, 2011
Posted at: 7:18 pm
Hi nithin2009, yes, you will receive the same quantity you have now within couple of weeks
Hi Karthikeyan.V, it has good support at 85-88 levels. hold it for now. can expect some bounce from here.
suzane Says:
August 2nd, 2011
Posted at: 7:44 pm
Hi CB, After such a fall in JSWSTEEL , i took a risk and bought it for BTST.Actually am fed up of intraday losses.Whats ur vision and what is seen on chart ?
Kb Says:
August 2nd, 2011
Posted at: 8:26 pm
Hi suzane, Morgan Stanley has sold 12 lakh shares of JSW Steel for around Rs. 84 crore on the bourses through open market.

More than half a dozen steel companies including JSW Steel and Kalyani Steels manufacturing about 14 million tonne steel have been hit by the Supreme Court ban on iron ore mining in the Bellary district that produces 21 per cent of country's iron ore.
arun bj Says:
August 2nd, 2011
Posted at: 8:37 pm
cb very good evening what is status of debit issue . For us . . Can see upward tomo
CB Says:
August 2nd, 2011
Posted at: 8:58 pm
Hi suzane, it if holds onto support of 670 then can e bought for short term. hold it with sl at 665 for now . yes, trading has been difficult these days due to market weakness
Hi arun bj, Good evening. no, no news of it yet. its yet to be voted for.
Karthikeyan Says:
August 2nd, 2011
Posted at: 9:04 pm
ThaNKS CB for your views on EKC, Your views on CAIRN INDIA can i buy at cmp..
ARIJIT Says:
August 2nd, 2011
Posted at: 9:04 pm
Hi CB,
can RANBAXY see 580-585 in 2-3 days?
arun bj Says:
August 2nd, 2011
Posted at: 9:30 pm
hi arijit . . Good evening . . Ranbaxy .Above 561 . Looks good for 2 to 5 days target . In money control . 580. .
SAGAR Says:
August 2nd, 2011
Posted at: 9:42 pm
Hi CB, Hey Cb , even if market is weak I am happy since i get around 2k profit from nifty after deducting all taxes and brokerages all from my own calls. Today i got 40 points in Nifty and yesterday i gave a buy call then nifty hit my Stoploss , So I told all my safe traders to exit but I recomeended to average @ 5498 and i personally did and soon after that nifty shoots up and I exited @ 5535 ; my av was @ 5506 !
Any my dad also doing my calls and he is also happy since in his retirement life he is able to earn.
Everything going fine.
How abt u !
SAGAR Says:
August 2nd, 2011
Posted at: 9:46 pm
Hi CB, Today eve i bought Reliance Net Connect EVDO USB modem. I am getting 2.38 Mbps . They told its 3.1 Mbps but all customers getting a maximum of 1.5 Mbps , so y i took it but I am getting 2.38 Mbps. it just looks fine. I am online from that .
I feel this suits best for my NetBook !
SAGAR Says:
August 2nd, 2011
Posted at: 9:47 pm
Hi SAGAR, How abt u dude , what abt karthik ?
Since being so busy with account opening I didnt get time to come here . so y I was invisible !