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Intraday calls for 22-08-13

Posted on: August 22nd, 2013 at 7:55 am

Markets likely to open slightly lower, next support at 5250

Buy Jindal Steel around 220, target: 226, SL 215 – (Book profit in Jindal steel & Power at 227. Continue to hold Cairn.)

Note: I am traveling and shall be online by 10:30 a.m

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175 Responses

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  1. jk Says:
    August 22nd, 2013
    Posted at: 8:13 pm

    sir
    one more,
    now lower low is going/continue ,so can we see lower low
    tomorrow also ..
    regards


  2. Sandip Says:
    August 22nd, 2013
    Posted at: 9:08 pm

    Cb sir, Twomorrow Sbin and Axisbank target?


  3. Kartik Says:
    August 22nd, 2013
    Posted at: 10:40 pm

    Hi Jackie, most welcome

    Hi Sandip, they could add upto 1% tomorrow

    Hi jk, we are likely to see some consolidation around 5380 before dipping further, hold the PE with a SL at 5450 for few more days


  4. jaikumar Says:
    August 22nd, 2013
    Posted at: 10:57 pm

    Tomorrow which one is better for intraday? 1. ongc 2. Lubin 3. Uniphos.. Give me level..


  5. Nitin Says:
    August 22nd, 2013
    Posted at: 11:18 pm

    Hello,

    I have brought Birla Cotsyn shares for long term at Rs. 0.8/- but now its at 0.1.
    Please suggest, will it give me some returns and would like to know how much timeframe I need to wait?

    Nitin


  6. Anoop Says:
    August 22nd, 2013
    Posted at: 11:20 pm

    Hi Sir,

    any intraday suggetion for tomorrow?


  7. Ghani Says:
    August 22nd, 2013
    Posted at: 11:46 pm

    sir,what was your view on jindal steel yesterday??? how did you give a buy call yesterday?? chart was not so bullish rite?? please reply


  8. Deva Says:
    August 23rd, 2013
    Posted at: 2:37 am

    Dear CB, we can buy Titan industries share now or wait fot some more dip for long term


  9. Vishal Says:
    August 23rd, 2013
    Posted at: 6:47 am

    Hi Kartik, Hi CB/ Kartik, Will USL see 2300+ at least today?


  10. Kartik Says:
    August 23rd, 2013
    Posted at: 7:19 am

    Hi jaikumar, United Phos. above 145 looks good for a target of 150

    Hi Nitin, its a good bet fundamentally, since you have it at higher levels, hold it for 2-3 years time

    Hi Deva, wait for a couple of weeks more for its prices to settle

    Hi Vishal, keep a SL at 2120 if holding long, can see 2180 today

    Hi Ghani, 220 acted as its intermediate support and it managed to give a bounce once Markets saw some short covering

    Hi Anoop, shall post one soon


  11. aman Says:
    August 23rd, 2013
    Posted at: 7:33 am

    today nifty banknifty level sir &can i short sbi


  12. Kartik Says:
    August 23rd, 2013
    Posted at: 7:34 am

    Hi aman, likely to trade flat today, dont go short on SBI for today


  13. SaiPalanivel Says:
    August 23rd, 2013
    Posted at: 8:20 am

    HI KARTIK/CB SIR,GM.CAN BUY NIFTY 5500 CE OPENING LEVEL?


  14. CB Says:
    August 23rd, 2013
    Posted at: 8:24 am

    Hi SaiPalanivel, Good morning. no, not yet. can enter above 5430


  15. SaiPalanivel Says:
    August 23rd, 2013
    Posted at: 8:25 am

    CB SIR,NIFTY TODAY TRADE YOUR VIEW?


  16. CB Says:
    August 23rd, 2013
    Posted at: 8:39 am

    Hi SaiPalanivel, seems can add 30-40 points.

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