Quotes with Resistance & Support
Market Information
Intraday calls for 07-03-12
Posted on: March 7th, 2012 at 8:29 am
Markets likely to open flat. Support for nifty is at 5150 and resistance at 5300
Buy Bhushan Steel at 376.50, target: 384. Stoploss: 371. – (exit Bhushan steel at 374)
Sell Biocon at 267-268, target: 260. Stoploss: 273 – (Book profit in Biocon at 263.50)
2.56pm – Nifty has strong long term support at 5150-5180. Also 200 dma at 5160. Buy 5200 ce at 149.50, target: 175. Stoploss: 5160 (spot)
SMS Alerts, no more page refreshes required
Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months
name
cell no.
email
445 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feed
Latest Query
Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
- by Sam
Status: Awaiting reply
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
Sohan Says:
March 8th, 2012
Posted at: 1:00 am
Hello CB,
I have some holding in Karuturi. Should I buy more.
Sohan
Sohan Says:
March 8th, 2012
Posted at: 1:15 am
Hello CB,
For many scrips we can see that the last 10 mins the trend reverses (this is smaller value).
How can we take advantage of this. Is there some possibility.
Sohan
SM Says:
March 8th, 2012
Posted at: 1:19 am
Hi CB, Though I am not a Fundamental Analyst, but I was looking at some info about Karuturi Global. After looking at results all I can say is PATHETIC. CB, plz spend some 15-20 mins of your free time and see the results. You will be bound to change your opinion about Karuturi. Moreover, promoters only own somewhere around 18% of the company. Why so? Don’t they trust their business model? Even after all these, let me share some more information
1) http://www.moneylife.in/article/times-private-treaties-buys-karuturi-stake-by-paying-380-premium/21550.html
2) http://www.moneylife.in/article/2647.html
3) http://www.moneylife.in/article/158.html
4) http://www.frontline.in/stories/20120323290505100.htm
5) http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2946687.ece?homepage=true&ref=wl_home
Karuturi is the world largest producer of roses. A substantial part of production happens in Ethiopia and exported to Germany, Japan, Russia and all other countries in the northern hemisphere. The land lease agreement between the Govt. of Ethiopia and Karuturi Global is fishy. It is pointed out by the Human Rights Watch, an international organisation. They say that Farmers in some areas of Ethiopia are forcibly evicted from their land in order to give the land to Karuturi and some other company. Have a look at this :
http://www.hrw.org/sites/default/files/reports/ethiopia0112webwcover_0.pdf
Skip to page 111 of the pdf where there is a letter written by Human Rights Watch to Karuturi. They have raised 7 critical and very serious questions ( allegations), which Karuturi denied. Human Rights Watch is on Karuturi’s tail and Im sure there’s more to come. Add to that, recent exports of Karuturi is seriously hampered due to recession and other reasons.
Plz allow this post so that others can be benefited
SM Says:
March 8th, 2012
Posted at: 1:24 am
Hi vipul07, happy holi to you too :)
CB Says:
March 8th, 2012
Posted at: 2:12 am
Hi vipul, :)) thanks.. Wish you a Happy Holi too!. dont go short on nifty yet. wait for a 50-60 point bounce
Hi DJ, yes, one can go short on it on rise
Hi vipul07, Wish you the same. Happy Holi
Hi Sohan, Wish you the same. Happy Holi. don't add more of karuturi yet. for now its a hold. no, not sure how we can take advantage of this. seems its usually profit booking
Hi SM, thanks for the detailed update.. yes, promoter holding is a worry which it seems is now reflecting in the stock price.
SAI Says:
March 8th, 2012
Posted at: 9:51 am
Hi CB / Kartik / Kb / SM - HAPPY MORNING
shravan Says:
March 8th, 2012
Posted at: 10:26 am
Hi CB /Kartik
Happy Holi to all.
I am holding Tata Steel 420 Call
Can we see some upside in this scrip to 450??
CB Says:
March 8th, 2012
Posted at: 10:47 am
Hi SAI, Wish you the same.. Happy Holi
Hi shravan, Wish you the same.. Happy Holi. it can test 430. try and exit on rise near 430-433 tomorrow as it looks a bit weak below 440
Sohan Says:
March 8th, 2012
Posted at: 11:20 am
Hello CB,
Good Morning.
Thanks very much.
Sohan
Preet Says:
March 8th, 2012
Posted at: 11:32 am
Hi CB/Karthik,
I have 500 SEL Manufacturing Shares at Rs 51.59.
It is currently trading at 11.50.
ICICI is currently showing it's EPS as 9.02
Can I buy now to average them?
Pls advice. I am at 78% loss in it.
Kb Trader Says:
March 8th, 2012
Posted at: 11:41 am
Somebody open markettt.. i wann to trade ................ :(
jk Says:
March 8th, 2012
Posted at: 11:44 am
sir,
wish you a happy holi and great time with family,
with regards
Kb Trader Says:
March 8th, 2012
Posted at: 11:44 am
Hi CB, happy HOLI'day :DDDDDDDDD ..
Hi SAI, GM
ravii Says:
March 8th, 2012
Posted at: 12:09 pm
Hello CB,
If glbal mkts close +ve tonight..can we see 5280 or 5300 tomorrow?
Gitanjali Says:
March 8th, 2012
Posted at: 12:36 pm
Wishing everyone here a HAPPY AND SAFE HOLI !
Naran Says:
March 8th, 2012
Posted at: 1:15 pm
Budget uncertainty fear exceeded by election result. I think UPA can`t submit a complete economic budget now. So I think market will discount most of negative expectations before budget.