Quotes with Resistance & Support
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Intraday calls for 12-08-11

Posted on: August 12th, 2011 at 8:15 am

Markets likely to open higher. Resistance for nifty is at 5200.

Buy Muthoot Finance at 194.20, target: 199. Stoploss: 190.50

Note: Wont be able to be online as I am traveling

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363 Responses

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  1. YOGI Says:
    August 12th, 2011
    Posted at: 2:58 pm

    Hi Kb, From being a college dropout who forayed into the hospitality and construction industry and went on to become a real estate magnate, Shahid Usman Balwa, 36, has risen meteorically in a manner that has been as intriguing as it has been rapid.

    Balwa, managing director of DB (Dynamix Balwas) Realty, figured as the youngest billionaire on the Forbes list of India’s100 richest people in 2009.

    Balwa was arrested by the CBI on Tuesday on charges of routing kickbacks received by former Telecom Minister A Raja from the spectrum sale into the real estate business. He is alleged to have routed Rs 214 crore to Kalaignar TV, a channel run by the family of DMK chief M Karunanidhi. In return, he allegedly received an undervalued spectrum deal, 45 per cent of which was then sold off to a Dubai-based firm, Etisalat. Balwa is India director of Etisalat DB (formerly Swan Telecom).


  2. smworld Says:
    August 12th, 2011
    Posted at: 2:59 pm

    Hi nv, You can hold with a STOP of 5150 in Nifty. Stop loss is a must


  3. Pradeep Says:
    August 12th, 2011
    Posted at: 2:59 pm

    Hi Kb, Dear, what do you say? today after 3pm short covering will happen or longs?


  4. Micky-INtrday equity cash Says:
    August 12th, 2011
    Posted at: 3:00 pm

  5. Kb Says:
    August 12th, 2011
    Posted at: 3:02 pm

    Hi Pradeep, not sure yet.


  6. Micky-INtrday equity cash Says:
    August 12th, 2011
    Posted at: 3:04 pm

  7. Kb Says:
    August 12th, 2011
    Posted at: 3:10 pm

    Hi smworld, got answer , Sameer Gehlaut @ 34 :P


  8. YOGI Says:
    August 12th, 2011
    Posted at: 3:13 pm

    Tata Steel has posted strong growth of 2.93 times in its consolidated net profit at Rs 53.47 billion led by higher other income for the quarter ended June 30, 2011  as compared to Rs 18.25 billion for the quarter ended June 30,


  9. Pradeep Says:
    August 12th, 2011
    Posted at: 3:14 pm

    Hi Kb, would it be safe to carry (for monday) nifty and bharti fut shorts created at almost current levels?


  10. SAI Says:
    August 12th, 2011
    Posted at: 3:15 pm

    HI Kb WHR TO COVER 4900pe HV TO GO OUT CAN YOU PLS SUGGEST NIFTY LEVELS


  11. sauravktr Says:
    August 12th, 2011
    Posted at: 3:18 pm

    Hi..CB is it safe to Take A 70 Call for Punjllyod & 70 Call of Renuka?? whats your view???


  12. raj Says:
    August 12th, 2011
    Posted at: 3:18 pm

    yogi have bought tata steel @ 490, why its going down after strong results...any idea???


  13. Gitanjali Says:
    August 12th, 2011
    Posted at: 3:20 pm

    Hi Kb, Hi YOGI, ..Shall we hedge long .. with a short position ..at cmp ..pl? Closing is bad ..is n't it..?


  14. YOGI Says:
    August 12th, 2011
    Posted at: 3:35 pm

    Hi raj, hold will recover soon


  15. YOGI Says:
    August 12th, 2011
    Posted at: 3:42 pm

    Hi Gitanjali,
    not so bad (5055/5035/5020/4995)
    need to test 4960 ,if go below indicate down trend


  16. palanivel Says:
    August 12th, 2011
    Posted at: 3:42 pm

    hi yogi TATASTELL RESULT GOOD.BUT GOING DOWN.I AM HOLING WITH 20 DAYS 510.00 LEVEL.YOGI UP MOVE COMING DAYS YOGI.471.00 52 WEEK LOW YOGI.RECOVER COMING DAYS YOGI.PLEASE SUGGEST MY HOLDING 510.00

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