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. 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


  2. suresh Says:
    August 3rd, 2011
    Posted at: 8:59 am

    any intrade call..


  3. 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


  4. Kartik Says:
    August 3rd, 2011
    Posted at: 9:00 am

    Hi suresh, Tata steel looks good for Short


  5. thavva Says:
    August 3rd, 2011
    Posted at: 9:01 am

    Hi Kartik, GM


  6. AJ Says:
    August 3rd, 2011
    Posted at: 9:01 am

    Kartik,
    Hows TECH MAH for intraday?

    Can i enter EDUCOMP on opening?


  7. Kartik Says:
    August 3rd, 2011
    Posted at: 9:03 am

    Hi AJ, tech above 780 looks good, dont enter Educomp


  8. SHIBANI Says:
    August 3rd, 2011
    Posted at: 9:04 am

    Hi CB/Kartik , Good morning.


  9. JR Says:
    August 3rd, 2011
    Posted at: 9:04 am

    Gud Mrng Kartik Sir...
    Yesterday i Short Future [email protected] advise where to cover


  10. Kartik Says:
    August 3rd, 2011
    Posted at: 9:04 am

    Hi SHIBANI, GM


  11. Kartik Says:
    August 3rd, 2011
    Posted at: 9:05 am

    Hi JR, cover around 166


  12. JR Says:
    August 3rd, 2011
    Posted at: 9:07 am

    Will it come to 166 today...


  13. Roz Says:
    August 3rd, 2011
    Posted at: 9:07 am

    Hi Kartik,

    Whts d todays target for ONGC & Tata Chem,

    Tnx


  14. 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


  15. Kartik Says:
    August 3rd, 2011
    Posted at: 9:08 am

    Hi Roz, likely to trade flat today


  16. Kartik Says:
    August 3rd, 2011
    Posted at: 9:08 am

    Hi JR, yes, might open lower

    Hi Kb, GM

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