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Intraday calls for 02-08-13

Posted on: August 2nd, 2013 at 7:52 am

Markets likely to open slightly higher, resistance for Nifty at 5780

Buy SBI around 1680, target: 1725, SL 1660

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245 Responses

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  1. Kartik Says:
    August 4th, 2013
    Posted at: 12:28 pm

    Hi raushan, GA, thanks, same to you


  2. Ankit Chanda Says:
    August 4th, 2013
    Posted at: 12:39 pm

    HAPPY FRIENDSHIP DAY TO ALL!!!


  3. raushan Says:
    August 4th, 2013
    Posted at: 3:18 pm

    cb &kartik sir
    i have lost my 20-25% of my capital
    in intraday treding
    now i want to do short term treding
    in fundamentally strong company only and i give first prefer to Nifty stock
    i want ur advise on few company it is right time to buy for 1-3month pls give target &Stoplss
    Itc
    Rel capital
    axis
    sun pharma
    m&m
    i want to also buy Sbi and bank of baroda if it correct 4-5% more
    for 2-3 month and more
    pls advice


  4. Kartik Says:
    August 4th, 2013
    Posted at: 4:55 pm

    Hi Ankit Chanda, GA, thank, same to you

    Hi raushan, the stocks you mentioned are strong bets for short/mid term investment, but dont enter them at current levels, wait for some time ofr Markets to settle since most of these are Market movers, also consider investing in Balmer Lawerie & Co. its a good long term bet


  5. SaiPalanivel Says:
    August 4th, 2013
    Posted at: 6:22 pm

    HI CB/KARTIK SIR,GE. Happy friendship day to all frnds.


  6. segre Says:
    August 4th, 2013
    Posted at: 6:41 pm

    Friendship Day was originally promoted by Joyce Hall, the founder of Hallmark cards in 1919, and intended on first sunday of august to be a day where people celebrated their friendships by sending cards. The first Sunday in August was chosen as the centre of the largest lull in holiday celebrations. Friendship Day was promoted by the greetings card National Association during the 1920s but met with consumer resistance - given that it was rather too obviously a commercial gimmick to promote greetings cards. By the 1940s the number of Friendship Day cards available in the US had dwindled and the holiday largely died out there.
    Many friends acknowledge each other with exchange of gifts and cards on this day. Friendship bands are very popular in India, Nepal, Bangladesh and parts of South America. With the advent of social networking sites, friendship day is also being celebrated online. The commercialization of the Friendship Day celebrations has led to some dismissing it as a "marketing gimmick".But Nowadays it is celebrated on First Sunday Of August, Dropping the 30th July Celebration.

    Secondly:
    The tradition of celebrating Friendship Day began in 1935 when the US Congress decided to dedicate a day in the honor of friends. Though it is not known exactly what were the reasons that went into the making of this day, the retrospection of the world scenario of those times can lead us to an understanding. With the devastating effects of the First World War still showing and increasing hostilities, mistrust and hatred between countries providing the perfect conditions for another imminent battle, there was a greater need for friendship and camaraderie not only among nations but also among individuals.

    Hence, the US Congress decided to designate the first Sunday of the month of August as Friendship Day and with a formal proclamation in 1935, officially declared the occasion a holiday dedicated in the honour of friends and friendship. Since then, celebration of National Friendship Day became an annual event. The lofty idea of honoring the beautiful relationship of friendship caught on with the people, particularly the youngsters all over the country, and in no time Friendship Day became a highly popular festival.

    But the success of this wonderful occasion was not to be limited to the US alone. With time, several other countries followed suit in adopting the tradition of dedicating a day to the cause of friendship. The beautiful idea of having a day in the honor of friends was joyously taken over by several other countries across the world. With more and more nations joining in the celebrations, Friendship Day soon became International Friendship Day.


  7. segre Says:
    August 4th, 2013
    Posted at: 6:47 pm

    how ever it is waste of time.


  8. Kartik Says:
    August 4th, 2013
    Posted at: 6:58 pm

    Hi segre, :) thanks for sharing the history :)

    Hi SaiPalanivel, GE, thanks, same to you


  9. raushan Says:
    August 4th, 2013
    Posted at: 9:13 pm

    thanx kartic sir


  10. Kartik Says:
    August 4th, 2013
    Posted at: 9:55 pm

    Hi raushan, most welcome


  11. segre Says:
    August 4th, 2013
    Posted at: 10:06 pm

    Hi Kartik, welcome kartik


  12. raman Says:
    August 4th, 2013
    Posted at: 11:06 pm

    I am holding 5900 ce at 50 at what level can I exit sir


  13. raman Says:
    August 4th, 2013
    Posted at: 11:15 pm

    Hi CB, I am holding 5900 cal @ 50 at what level can I exit


  14. Kartik Says:
    August 5th, 2013
    Posted at: 12:55 am

    Hi raman, we can add some gains upto 5700 on Nifty tomorrow, lets wait to see how Markets react though after noon


  15. aman Says:
    August 5th, 2013
    Posted at: 7:14 am

    what is next level of nifty

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