Intraday calls for 04-09-12

Quotes with Resistance & Support

Market Information

Intraday calls for 04-09-12

Posted on: September 4th, 2012 at 8:31 am

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Markets likely to open flat, support for Nifty is at 5235 and resistance at 5300

Buy Reliance Industries at 763, target: 778. Stoploss: 752. – (Book profit in RIL at 771-772)

1.11pm – Buy M&M at 764, target: 778. Stoploss: 755 – (can hold M&M as btst. same sl and target)

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575 Responses

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SS Says:
September 4th, 2012
Posted at: 1:34 pm
Good Afternoon kb trader, Can we short Ambuja at cmp ?
Raasi Says:
September 4th, 2012
Posted at: 1:34 pm
Thank you Kb
Aabha Says:
September 4th, 2012
Posted at: 1:34 pm
Hi kb trader, Ok sir, And what can be the intraday target?
Akash Says:
September 4th, 2012
Posted at: 1:37 pm
Hi kb trader, Hi Aabha, it is even better for Long term. Hi kb trader, Also, can we expect Nifty target 5400+ in 1-2 weeks?
MK Says:
September 4th, 2012
Posted at: 1:38 pm
Hi CB,
Please reply to my query
Sandip Says:
September 4th, 2012
Posted at: 1:40 pm
Yess..Hi CB...
Bought M and M..at 762 and now in profit thanks.. again..
CB Says:
September 4th, 2012
Posted at: 1:41 pm
Hi MK, these are a hold for this week. markets are likely to see some bounce from here.
Hi SS, no, avoid shorting it for now
Hi Sandip, yes
Hi sona, yes. intraday
Hi Akash, hold for 1-2 days
CB Says:
September 4th, 2012
Posted at: 1:41 pm
Hi Sandip, most welcome.
trade4444 Says:
September 4th, 2012
Posted at: 1:42 pm
Dear CB / Karthik,
Can i buy GVK power Oct futures at 11?
Raasi Says:
September 4th, 2012
Posted at: 1:43 pm
CB,
Is the m&m call intraday ?
CB Says:
September 4th, 2012
Posted at: 1:43 pm
Hi trade4444, no, looks weak below 11.40
Hi Raasi, yes.
MK Says:
September 4th, 2012
Posted at: 1:43 pm
Thanks CB for reply. What will be the possible targets at the end of sep.'12.
CB Says:
September 4th, 2012
Posted at: 1:44 pm
Hi Akash, yes, hold it. not sure of the calculation
CB Says:
September 4th, 2012
Posted at: 1:44 pm
Hi MK, these can bounce back by 7-10%
Aabha Says:
September 4th, 2012
Posted at: 1:46 pm
Hi CB,GA Sir, Can i enter M&M for intraday now? Wot can be the target for intraday?
CB Says:
September 4th, 2012
Posted at: 1:46 pm
Hi Aabha, yes, around 775