Quotes with Resistance & Support
Market Information

Intraday calls for 02-09-11

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

Markets likely to open lower, Support for Nifty at 4950 and resistance at 5050.

Sell Dr.Reddy with sl at 1520. target: 1470

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months
name
cell no.
email

463 Responses

{ ADD YOUR OWN }
Comment pages: 212223242526272829Show all

  1. Lalith Says:
    September 3rd, 2011
    Posted at: 8:27 pm

    Hi $tyle Icon, Thanks a lot for your call.. I'm already holding 4900 CE shorts... I too have a bearish look... Please advice whether I will be able to book profits in the coming week ? CB sir requesting your view on this as well ... It's strange even though world markets were in red we managed to close quite well in green...

    Thanks in advance.


  2. prasath bj Says:
    September 3rd, 2011
    Posted at: 8:30 pm

    hi all see this news

    The world economy is stepping into a "new danger zone," World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens.

    Speaking in Beijing, Zoellick urged Europe and the United States to tackle their debt problems, and noted that near record-high food prices and volatile commodity markets are threatening the most world's vulnerable people.
    "The financial crisis in Europe has become a sovereign debt crisis, with serious implications for the Monetary Union, banks, and competitiveness of some countries," he said.
    "My country, the United States, must address the issues of debt, spending, tax reform to boost private sector growth, and a stalled trade policy."
    Turning to China, where he is leading a World Bank study on how the nation can improve its economic growth model, Zoellick was upbeat.

    China is "well positioned" to become a "high-income" nation in the next 15 to 20 years, from its status as an "upper-middle income" country now, he said.
    The question is whether China can avoid the "middle income trap", where national productivity and income growth stalls after per capita income hits USD 3,000 to USD 6,000, Zoellick said.
    "If China were to continue on its current growth path, by 2030 it would have an economy equivalent to 15 of today's South Koreas, using market prices," he said.
    "It's hard to see how that expansion could be accommodated with an export and investment-led growth model."
    Although China is the world's second-largest economy, its per capita gross national income stands at just USD 4,260, World Bank data showed, less than a tenth of the USD 47,140 seen in the United States.

    Critics have long said China relies too much on heavy investment and exports to drive its economy, and should encourage domestic consumption.For Chinese consumption to take off, analysts say China needs to cut income taxes, improve healthcare services and labour mobility, and reduce Beijing's share of national income by raising dividend payouts from state firms, among other measures.


  3. CB Says:
    September 3rd, 2011
    Posted at: 8:39 pm

    Hi Rajesh Iyer, yes, can test 1470

    Hi $tyle Icon, thanks

    Hi prasath bj, Good evening. thanks for the update. seems like a gap down opening on monday

    Hi Lalith, yes, as of now seems markets may open lower on monday. hold the call with sl near 4950-4970 level


  4. kumar Says:
    September 3rd, 2011
    Posted at: 8:41 pm

    Hi cb/kartik,

    what would the ITC fut tgt on monday?

    Regards
    Kumar


  5. prasath bj Says:
    September 3rd, 2011
    Posted at: 8:41 pm

    hii all see the news

    10 experts, 25 stocks: Take your pic(k)
    Published on Fri, Sep 02, 2011 at 18:24 | Source : Moneycontrol.com
    SANJEEV PRASAD of KOTAK INSTITUTIONAL EQUITIES

    "We could see another 25 to 50 basis points rate hike over the next two-three months as we are heading towards the end of the tightening cycle and, then, we can have stability."
    Go for: Reliance Industries, TCS, Infosys, Mahindra & Mahindra Finance, LIC Housing Finance, Shriram Transport, Muthoot Finance

    Avoid: Banks with exposure to infra stocks


  6. anupam Says:
    September 3rd, 2011
    Posted at: 8:43 pm

    can i buy j b chemical?


  7. prasath bj Says:
    September 3rd, 2011
    Posted at: 8:45 pm

    cb ok

    Are you suggesting to me to exit my puts 4700 and 4800 put or

    Is there any possible to touch nifty 4800 in this series ...?


  8. CB Says:
    September 3rd, 2011
    Posted at: 9:45 pm

    Hi kumar, can test 206.50

    Hi prasath bj, thanks for the update

    Hi anupam, no, looks weak. can fall further

    Hi prasath bj, not sure of 4800 yet. as of now seems can test 4950 first.


  9. prasath bj Says:
    September 3rd, 2011
    Posted at: 9:49 pm

    hi cbb ok ... what is the strong resistance for reliance and tata steel


  10. Kb Says:
    September 3rd, 2011
    Posted at: 10:37 pm

    heyyy ..


  11. Kb Says:
    September 3rd, 2011
    Posted at: 10:39 pm

    Im new here . . cb .. wht that means ?? :P


  12. CB Says:
    September 3rd, 2011
    Posted at: 10:39 pm

    Hi prasath bj, reliance around 830 and tata steel around 515


  13. CB Says:
    September 3rd, 2011
    Posted at: 10:40 pm

    Hi Kb, :) nice one.. howz weekend going? hope all is well


  14. Kb Says:
    September 3rd, 2011
    Posted at: 10:42 pm

    Hi CB, :P . . going good... wht u doing? lets play??


  15. prasath bj Says:
    September 3rd, 2011
    Posted at: 11:00 pm

    hi kbbbbbbbbbbbb good evening


  16. Kb Says:
    September 3rd, 2011
    Posted at: 11:02 pm

    Hi himanshu, :P

Comment pages:212223242526272829Show all

  1. Your name>
    Change your image

    Note: rel="nofollow" in use - do not spam, do not advertise!

Interesting Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments