Intraday calls for 04-01-13
Markets likely to open lower, Support for NIfty at 5940, resistance at 6020
Buy United Phosphorus around 135, Target: 141, SL 131
Buy Cummins India around 534, Target: 545, SL 525
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YOGI Says:
January 5th, 2013
Posted at: 10:12 pm
http://www.nseindia.com/circulars/circular.htm
YOGI Says:
January 5th, 2013
Posted at: 10:31 pm
http://www.nseindia.com/invest/content/investor_RGESS.htm
rays Says:
January 5th, 2013
Posted at: 11:20 pm
Hi YOGI, Rajiv Gandhi Equity Savings Scheme (RGESS) has negative sides. It is restricted only to first time equity investors with taxable income less than Rs 10 lakhs so that itself is a huge negative and so for those who have invested even once in the past it is not applicable.it is completely equity scheme for first time investors so one needs to be a little wary about it. The scheme allows investments only in largecap type of stocks.in terms of lockin there is one year blanket lock-in and an overall lockin of three years and is not very liquid. But on the plus side a new investor gets a deduction of 50 percent of the Rs 50,000, which is the maximum investment allowed.Depending on the 10 percent or 20 percent tax bracket you are in accordingly you will save tax.
rays Says:
January 5th, 2013
Posted at: 11:26 pm
Hi YOGI, RGESS has no provision to cast any responsibility on any of the market participants to take up this job and the investors are left to fend for themselves. Brokers will be able to identifyy the eligible stocks and they will even recommend the stocks to the investors without any responsibility for the performance of the stocks recommended by them..
CB Says:
January 6th, 2013
Posted at: 2:13 am
Hi SM, Good night..
Venket Says:
January 6th, 2013
Posted at: 11:34 am
Hi Sir Where uptp Nmdc can move nxt wk?Holding 170 call option
kb trader Says:
January 6th, 2013
Posted at: 11:39 am
Hi CB, here is a nice melody .. not the video.. listen spb .. cool .. . http://www.youtube.com/watch?v=Me5Ss7PZGP0
cerulean Says:
January 6th, 2013
Posted at: 11:43 am
Hi Kartik, Hi CB, Hope your saturday was good and wish you a happy sundayHi SM, Thanks a lot for the useful info..and thanks for the link!!Wish you happy Sunday!
Hi YOGI, Nice to know , you've taken the vaccination ! Thanks for sharing ,Looking forward to the good times ahead.." rural and urban for both, 2013 will be a revolution." Take care .
cerulean Says:
January 6th, 2013
Posted at: 11:51 am
Hi kb trader, GM !Hi SM, Hi CB,Isn't crude over bought now plz/ It shows here eod- rsi=as 71.02..
kb trader Says:
January 6th, 2013
Posted at: 12:19 pm
Hi cerulean, GM. . hmm . . expecting a bounce to 117 levels in next few weeks.. 110 is forming a good sup.. chek with cb/sm, im following different chart
CB Says:
January 6th, 2013
Posted at: 1:55 pm
Hi Venket, it does have support near 160 levels. resistance at 170. above 170 can test 177. hold with sl at 160 for now
Hi kb trader, :) ok
Hi cerulean, yes, hope you too did :). crude does look a bit strong. has strong resistance in the 94-95 levels. above this could test 98.
Prashant Says:
January 6th, 2013
Posted at: 2:27 pm
Sirji
I am holding Godrej Ind Jan Fut @ Rs324 Target for one week ?
I would like to buy Pantaloon Retail Jan Fut for a week Ur advice Please
Thanks
amit Says:
January 6th, 2013
Posted at: 2:29 pm
Hi CB, whats ur view about Wipro?
CB Says:
January 6th, 2013
Posted at: 4:11 pm
Hi Prashant, it does look good. can see 335. pantaloon can test 272
Hi amit, its a hold. can see 410-412.
cerulean Says:
January 6th, 2013
Posted at: 7:26 pm
Hi kb trader,OK,thnx.Hi CB,Yes ..Thank you.Shall take note of that.Happy trading ,tc
tarun Says:
January 6th, 2013
Posted at: 7:46 pm
i am interested to hv your calls during mkt hours