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Intraday calls for 17-08-11

Posted on: August 17th, 2011 at 8:25 am

Markets likely to open flat, resistance for Nifty at 5200

Sell JSW Steel below 640

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483 Responses

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  1. himanshu Says:
    August 17th, 2011
    Posted at: 5:16 pm

    hey cb
    As per ur advice m still holding amrutanjan@840
    It is going down day by day
    What to do??


  2. manoij Says:
    August 17th, 2011
    Posted at: 5:24 pm

    Hi Cb/Kartik,
    i hve another silly querry, where will market think openning of market is complete
    stp Is it when the reigns of the country given to a foreign power ( in short where they
    FDI state we ( FDI ) shu d hve 51 % representative in the Indian govt stp brgds


  3. CB Says:
    August 17th, 2011
    Posted at: 5:44 pm

    Hi dilip, these are fundamentally strong bets and good growth stories.. one can invest in these.

    Hi himanshu, its seeing sellng pressure with the markets. has strong support at 730-750 levels. hold for now. a bounce from here can be expected

    Hi manoij, :) no, we are different people. not possible for 1 person to respond to queries all day. yes, markets have been very volatile. as of now do look weak. possible test 4900 in near term


  4. Deepak7791 Says:
    August 17th, 2011
    Posted at: 5:45 pm

    Why did bfutility fall heavily? Any chance of recovery ? Holding at 543 levels cb. Please suggezt


  5. Lalith Says:
    August 17th, 2011
    Posted at: 5:47 pm

    Hi manoij, dude what's up with you ?


  6. Lalith Says:
    August 17th, 2011
    Posted at: 5:49 pm

    Hi manoij, & what is that stp


  7. Lalith Says:
    August 17th, 2011
    Posted at: 5:52 pm

    Hi CB, as I have said earlier lost too much already and the portfolio is reduced half the value.... What strategy we need to follow now to safeguard the remaining with doors open for an upside run


  8. manoij Says:
    August 17th, 2011
    Posted at: 6:21 pm

    Hi Lalith,
    U asked me - what is that nd what is up with u stp
    ths for querrying because besides CB/Kartik maybe u are not able to understand what I
    mean stp In a nut shell just to explain to u our market is totally dependent on FDI .
    Our fiscal deficit is being controlled by selling ( IPO/FPO ) of our national profit making
    companies. Offcourse some say in socialistic terms, country shud hve max ownership ( Not to forget that the greatest economicically advanced country of free capital enterprise had to partially take control of private asets ) .in short what I mean to say that openning up retail/agriculture/ is it the end for the market or they want foreign partiipation every sphere of life stp I hope u will understand that or u wud like a stage to come one day u are married nd th next day u are divorced stp This is the ultimate foresisight


  9. Kb Says:
    August 17th, 2011
    Posted at: 6:37 pm

    Heyyyyyyyyyyyy cbbbbbbbbbbb .. Im backkkkkkkkkk :))


  10. SURESH Says:
    August 17th, 2011
    Posted at: 6:51 pm

    HI CB/Kartik/KB,

    can we go with MTNL 40CE Aug expiry, Thanks in advance.


  11. CB Says:
    August 17th, 2011
    Posted at: 6:53 pm

    Hi Deepak7791, no, not really sure what was the news on this stock. technically has turned a bit weak.

    Hi Lalith, we will need to hold for med/ long term. these will recover once markets improve

    Hi Kb, :) welcome..


  12. CB Says:
    August 17th, 2011
    Posted at: 6:53 pm

    Hi SURESH, no, it has turned weak and making new life lows. can fall further.


  13. SB Says:
    August 17th, 2011
    Posted at: 7:00 pm

    Hi CB, Hi Man whats up ? I am travelling , going to Manglore , Day after tomorrow her classes for MBBS starts as i have already emailed abt that no !

    Well I would like to give u some suggestions to modify our forum . they are as follows !


  14. manoij Says:
    August 17th, 2011
    Posted at: 7:02 pm

    Hi Lalith,
    tdy u are seeing a movement of corruption as far as finance is concerned stp
    maybe sometime,i do not know when, there will be a movement for corruption
    in ethical values of Indian society .I understand that English ( Oxford Dictionary ) is
    the greatest language in the world because they incorporate words from other language eg gherao . But do they open up their country to other countries citizen.Whereever u see Indians went eg.to GULF countries ( treated without human dignity).Offcourse in those days Indian govt was happy because foreign exchange was earned .The less said is better. India went up in It but not for long countrie like PHILLI,BANGLa,VIET will make Indiansrun for their worth.The golden age of India has come use it to take control of other countries do not sell yr country


  15. Aravind Says:
    August 17th, 2011
    Posted at: 7:05 pm

    Hi CB,
    yes bank,
    SBI
    icici
    cipla
    Tata steel
    jsw steel.
    ln the above which are the best stocks and its entering level pls.


  16. Kb Says:
    August 17th, 2011
    Posted at: 7:10 pm

    Hi CB, :DD .

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