Intraday calls for 03-08-11
Markets likely to open lower, next support at 5370
Sell Tata steel at 564, Target: 556, SL 570
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arun bj Says:
August 3rd, 2011
Posted at: 8:58 am
hi all see the news
Other stocks and sectors that are in news today:
-West Bengal CM has pulled up JSW Steel’s Sajjan Jindal to convey her disapproval over the delay in the 10 mt project at Salboni in West Bengal (BS)
-Adani group acquires a 50% stake in 1.1 acre plot at Cumballa hill in Mumbai from DB realty for around Rs 150 crore (ET)
-Tata Metaliks to shut its Goa plant as Iron ore supply from Bellary district takes a hit in the back of mining ban
-DLF is selling a 27.4 acre plot in Gurgaon for around Rs 400 crore with Tata Realty & M3M developers in race to buy the land (ET)
-Natco Pharma applies for first compulsory licence to sell a generic version of Bayer’s patented medicine drug Nexavar (ET)
-GMR Infra opts out of race to acquire Australia based Bandanna Energy’s coal mines as due diligence finds local laws prohibiting foreign cos from mining on farm land (ET)
-JK Paper’s rights issue of 5.8 crore equity shares at Rs 42/sh open on August 8 ((CMP: 44.55))
-FM set to clear the merger of State Bank of Patiala & State bank of Hyderabad with SBI likely on August 6 (FE)
-Pheonix Mills has bought HBS realtors entire 8.6% stake in its Market City Development in Bangalore for Rs 17 crore (Mint)
-Apollo Global Management in talks with courier & shipping firm Gati for USD 100 million minority investment may involve up front equity & convertible instruments (TOI)
-Valuemart Info Tech board approves conversion of 31 lakh equity warrants into equity shares at Rs 6/sh to promoters
-BEML forays into Thailand for export of mining equipments by appointing Paragon machinery as its distributor for Thailand
-Ex Dividend: VST Tillers Rs 9/sh, Shalimar Paints Rs 8/sh
-F&O ban: Deccan Chronicle, Gitanjali Gems
-Orbit Corp gets show-cause notices to 3 super-luxury residential projects on Napeansea Road - Villa Orb, Orbit Ocean Parque and Orbit Heaven
suresh Says:
August 3rd, 2011
Posted at: 8:59 am
any intrade call..
Kartik Says:
August 3rd, 2011
Posted at: 8:59 am
Hi arun bj, its already trading weak for the past few weeks, not likely to have a major impact
Kartik Says:
August 3rd, 2011
Posted at: 9:00 am
Hi suresh, Tata steel looks good for Short
thavva Says:
August 3rd, 2011
Posted at: 9:01 am
Hi Kartik, GM
AJ Says:
August 3rd, 2011
Posted at: 9:01 am
Kartik,
Hows TECH MAH for intraday?
Can i enter EDUCOMP on opening?
Kartik Says:
August 3rd, 2011
Posted at: 9:03 am
Hi AJ, tech above 780 looks good, dont enter Educomp
SHIBANI Says:
August 3rd, 2011
Posted at: 9:04 am
Hi CB/Kartik , Good morning.
JR Says:
August 3rd, 2011
Posted at: 9:04 am
Gud Mrng Kartik Sir...
Yesterday i Short Future [email protected] advise where to cover
Kartik Says:
August 3rd, 2011
Posted at: 9:04 am
Hi SHIBANI, GM
Kartik Says:
August 3rd, 2011
Posted at: 9:05 am
Hi JR, cover around 166
JR Says:
August 3rd, 2011
Posted at: 9:07 am
Will it come to 166 today...
Roz Says:
August 3rd, 2011
Posted at: 9:07 am
Hi Kartik,
Whts d todays target for ONGC & Tata Chem,
Tnx
Kb Says:
August 3rd, 2011
Posted at: 9:08 am
Hi Kartik, Gm karthik
Hi airbites, Hi. .. reliance having 2 usb modems (not 3g, if they hav it) .. i hav both.. both are dump.. . change to bsnl
Kartik Says:
August 3rd, 2011
Posted at: 9:08 am
Hi Roz, likely to trade flat today
Kartik Says:
August 3rd, 2011
Posted at: 9:08 am
Hi JR, yes, might open lower
Hi Kb, GM