Quotes with Resistance & Support
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Intraday calls for 04-08-11

Posted on: August 4th, 2011 at 8:26 am

Markets likely to open flat, Nifty faces support at 5370

Buy Tata Chemicals at 350, Target: 357, SL 344

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487 Responses

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Comment pages: 232425262728293031Show all

  1. Mic-ky Says:
    August 4th, 2011
    Posted at: 9:04 pm

  2. shona Says:
    August 4th, 2011
    Posted at: 9:10 pm

    sir i m holding 5700 ce? what shall i do
    ?


  3. Kartik Says:
    August 4th, 2011
    Posted at: 9:10 pm

    Hi thavva, GE, can see around 5250 if Global ques continue to trade weak in 1-2 days

    Hi arun bj, as of now seems we might open lower as Dow is trading weak, yes, seems a technical glitch

    Hi gayaram, GE, no, dont enter fresh longs for now, wait for some time

    Hi Mic-ky, likely to see some profit booking, dont enter them for Intraday


  4. Kb Says:
    August 4th, 2011
    Posted at: 9:11 pm

    Apple now has more money than the U.S. government :P :P :P

    Apple currently has $75.876 billion in cash on-hand after its raucously successful third quarter. And the U.S. government has $73.768 billion.

    http://www.appolicious.com/finance/articles/8931-apple-now-has-more-money-than-the-u-s-government


  5. thavva Says:
    August 4th, 2011
    Posted at: 9:17 pm

    OMG, US & UK down almost 3%


  6. thavva Says:
    August 4th, 2011
    Posted at: 9:18 pm

    Hi Kb, To get it price down i need to buy gold :P


  7. arun bj Says:
    August 4th, 2011
    Posted at: 9:30 pm

    hi cb . I saw the chart of nasdak . . Support at 2600 . . . If it broken . We ll see . more correction in US market . . .


  8. arun Says:
    August 4th, 2011
    Posted at: 9:34 pm

    cb how ll many points ll open down tomo . . i dont know why ranbaxy also going weak . Its is a pharma sector right . .


  9. SAGAR Says:
    August 4th, 2011
    Posted at: 9:39 pm

    Hi Karthik ;

    Below 5350 Nifty is weak ; Retails drawing their money out and investing in comodities. My clients also showing intersts in switching to commodities especially Gold
    and silver.

    institutional investors are too withdrawing money ; But I strongly hope they will come in large quantity to invest. They wont really switch. market now in their interest of fair value. So even lately they must come in with large amount of money to pull nifty to new highs.

    The coming senario might be : retail investors may find this time as a right time to switch to Commodities and they will ultimately loose their fair value investments.

    Even in the deep red , today i went long on Mini Nifty by closing time for a nice opening or rather I will hold for some days. You may find this as a fools play , but let's see whats gonna happen. Always u know I am always against the fake trend so y I was always profit. So this time also. ok . So lets wait and see Karthik.

    Just tell CB too my hi , i am travelling now . Will be back in my town tommorrow !

    CB & Karthik , I need to tell one important persoanl matter I will email you , just read it from cb's mail. Please convey that msg to CB also. ok I will email in half an hour.
    ok

    Take Care


  10. SAGAR Says:
    August 4th, 2011
    Posted at: 9:42 pm

    Hi karthik ; One more thing , I feel our forum has got some bug , you just check the Pivot Point and resistance calulator , just try ttyping DLF , just see todays high and low and close its all wrong . I feel some updation prob. just check it out and fix it yaar .


  11. palanivel Says:
    August 4th, 2011
    Posted at: 9:42 pm

    HI KARTIK SIR,GE.I AM HOLDING DLF @ 218 EXIT ARE CONTINUE HOLDING KARTIK SIR.PLEASE YOUR VALUABLE ADVICE KARTIK SIR. DLF 240 CE 2.50 HOLDING SIR PLEASE ADVICE KARTIK SIR.


  12. Kartik Says:
    August 4th, 2011
    Posted at: 9:45 pm

    Hi Kb, oh, nice post

    Hi SAGAR, GE, thanks for your views, sure shall ask him

    Hi arun bj, yes, there are also concerns of economic slowdown in the U.S. and Europe.

    Hi arun, yes, but it failed to cross its strong resistance at 555-560 and saw profit booking from these levels

    Hi palanivel, hedge it with a PE


  13. arun bj Says:
    August 4th, 2011
    Posted at: 9:46 pm

    Hi all . In US chart . Dow jones good support at 11800. and . Nasdak support at 2600. . If they traded . Above 1 to 2 days . We can see the up move in coming days . Else . We ll see the further correction . Ahead . . Dont go long


  14. palanivel Says:
    August 4th, 2011
    Posted at: 9:49 pm

    KARTIK SIR.DLF DOWN AND UP SIDE SUPPORT PLEASE ADVICE KARTIK SIR.


  15. Jagdish Says:
    August 4th, 2011
    Posted at: 9:52 pm

    Hi Kartik/CB, Can i buy nifty future tomorrow for 25 Aug11 at these levels ?


  16. SAGAR Says:
    August 4th, 2011
    Posted at: 9:53 pm

    Nifty Next support is @ 5310 and below that can head upto 5265 .

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