Quotes with Resistance & Support
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Intraday calls for 03-08-11

Posted on: August 3rd, 2011 at 8:29 am

Markets likely to open lower, next support at 5370

Sell Tata steel at 564, Target: 556, SL 570

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388 Responses

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  1. Kartik Says:
    August 3rd, 2011
    Posted at: 3:26 pm

    Hi ARIJIT, book tomorrow on rise


  2. JR Says:
    August 3rd, 2011
    Posted at: 3:27 pm

    Kartik sir my Query...Sl for LUPIN


  3. Kartik Says:
    August 3rd, 2011
    Posted at: 3:27 pm

    Hi JR, 460


  4. ARIJIT Says:
    August 3rd, 2011
    Posted at: 3:29 pm

    Hi Kartik,
    ok thanks, also suggest me abt RANBAXY, I HAVE 580 CALL, ITS NOT MOVING, WHAT TO DO?


  5. SDG Says:
    August 3rd, 2011
    Posted at: 3:29 pm

    Ok. Thanks Kartik.


  6. nitin Says:
    August 3rd, 2011
    Posted at: 3:30 pm

    Hi Kartik,

    Please advice about
    Guj State Petro @ 104.10
    LIC Housing Fin @ 224
    OnMobile Global @ 92.50
    Orchid Chemical @ 218


  7. AC Says:
    August 3rd, 2011
    Posted at: 3:32 pm

    HI KARTIK...SINCE DOW FUTUES ARE IN GREEN DO WE EXPECT A BOUNCE NACK TOMOROW


  8. JR Says:
    August 3rd, 2011
    Posted at: 3:36 pm

    ThankS Kartik


  9. Kb Says:
    August 3rd, 2011
    Posted at: 3:38 pm

    byeeeeeeee karthikk.. . & all .. hav a nice eve


  10. Pradeep Says:
    August 3rd, 2011
    Posted at: 3:39 pm

    Hi Kartik, Dear, i am short in dlf @220.50. can u pls suggest strict stop loss and target for tomorrow first half


  11. CA.Tejas Says:
    August 3rd, 2011
    Posted at: 3:53 pm

    Hi Dear,

    What u will suggest on TULIP STAR HOTEL as on chart it looks strong to go still up from CMP of Rs.232.50.... It has doubled in last 3 weeks.....

    What is yr opinion.... whether tgt of 250 can be expected.....

    Further following is my cooments on the stock......

    Shareholding pattern of Tulip Star
    Promoters hold 57%. In this, COX & KINGS holds 30.4%. Also, 33% belongs to associates close to promoters. So 57 + 33 i.e. 90% of the floating stock is not in public domain. What remains is 10% with general public.

    Stock Valuation
    At current stock price, market cap of Tulip Star is just Rs. 106 crore. Now, the company, with 50% stake in V Hotels, owns the Rs. 3000 crores property with their share of Rs. 1500 crores.

    Tulip Star has 21 crores in debt. At the same time, it has lent 37 crores to V Hotels. This makes it a debt free company.

    So the company like Tulip Star that has net value of at least 1500 crores could have the market cap somewhere close to at least 20% of it’s net value. That is 300 crores. So there is tremendous scope for company’s current market cap of 70 crores to grow in near future.


  12. CB Says:
    August 3rd, 2011
    Posted at: 4:20 pm

    Hi ARIJIT, yes, possible see some recovery from tomorrow. hold it.

    Hi SDG, most welcome

    Hi nitin, these are a hold. keep these for 1-2 months. fundamentally are good bets. will recover once markets improve

    Hi AC, yes, a bounce is likely

    Hi JR, most welcome

    Hi Kb, have a good evening

    Hi Pradeep, yes, hold it with sl at 225.

    Hi CA.Tejas, its almost doubled in less than a month. not sure of entering it now.


  13. akila Says:
    August 3rd, 2011
    Posted at: 4:29 pm

    Hi CB..........

    What funny ways of the market.......market touching new lows, trying to come up,again going down....and just a handful of shares in green.....JSW Holding one of them....after losing heavily jus couple of days back it has bounced back like anything............well, good for me..... bought at 730 yesterday and exited at 786 today...and it didn't stop going further up n up....

    hope to see nifty adding atleast 70-80 points tomorrow - right?

    btw hw ws ur day....picked up any good shares at the lows?


  14. CA.Tejas Says:
    August 3rd, 2011
    Posted at: 4:30 pm

    Hi CB, What u will suggest on Avon Corp.... I have 4500 qty at 4.85 n cmp is 5.45, Whether to hold or sell .... what will be the tgt.... I think it incresed due to co going to give div.... kindly suggest on above query...


  15. Vishal Says:
    August 3rd, 2011
    Posted at: 4:31 pm

    Hi CB, can you give me 3 top mutual funds ...


  16. YOGI Says:
    August 3rd, 2011
    Posted at: 4:35 pm

    Hi akila, which jsw yaar ???

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