Quotes with Resistance & Support
Market Information

Intraday calls for 23-08-11

Posted on: August 23rd, 2011 at 8:28 am

Markets likely to open flat, resistance at 4950, Support at 4830

Sell Tata power on rise around 1115-1120, Target: 1090, SL 1135 (trade in small quantity)

11.14am – Buy Reliance ind at 753, target: 765. Stoploss: 742 (book profit at 764)

12.43pm – buy HDFC at 644.50, target: 655-658. Stoploss: 634. trade in small quantity.

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580 Responses

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Comment pages: 293031323334353637Show all

  1. Gitanjali Says:
    August 23rd, 2011
    Posted at: 8:24 pm

    Hi CB,Have exit from all positions Today..
    THANK YOU.
    The relation ship manager ,from head office [as well as the local lady here ,] is more anxious/nervous than me !![of my impulsive trades!].. Takes trouble to call up to book out! Sort of like nirmal bang add! .
    Happy evening to all here!


  2. Gitanjali Says:
    August 23rd, 2011
    Posted at: 8:30 pm

    Hi YOGI, Thanks for the useful link.


  3. Kartik Says:
    August 23rd, 2011
    Posted at: 8:43 pm

    Hi himanshu, most welcome

    Hi YOGI, GE, thanks for the updates

    Hi thavva, GE

    Hi Sunil Rao, Happy Birthday :)

    Hi Suresh s, for now a CE can be entered with a SL at 4930

    Hi vishal, no, dont add more yet, wait for some time

    Hi ranjan, try to exit around 9.50

    Hi Gitanjali, GE, :)


  4. kands Says:
    August 23rd, 2011
    Posted at: 8:47 pm

    HI kartik. Do you think Idea would touch 110 in near future?


  5. thavva Says:
    August 23rd, 2011
    Posted at: 8:50 pm

    Hi Kartik, confidence petro? any -ve news? falling daily? Holding @ 17. Shall i exit?


  6. himanshu Says:
    August 23rd, 2011
    Posted at: 8:55 pm

    sunil roa, happy birthday
    Can any1 tell me when RBI is going to increase repo rate once again??


  7. rama Says:
    August 23rd, 2011
    Posted at: 8:55 pm

    hi karthik,

    can i go for confidance petro at this level. is it good mid/long term bet?


  8. arun bj Says:
    August 23rd, 2011
    Posted at: 9:10 pm

    hi kartik n all .. good evening nifty ll test before expiry 5033 ...level


  9. K K Says:
    August 23rd, 2011
    Posted at: 9:29 pm

    Hi Kartik,
    What is the market direction for tomorrow ?


  10. Kartik Says:
    August 23rd, 2011
    Posted at: 9:41 pm

    Hi kands, can see 110 in 2-3 months time

    Hi thavva, hold it for Long term, seems to see some profit booking latley

    Hi himanshu, not sure of the date yet

    Hi rama, can be entered for Long term at CMP

    Hi arun bj, GE

    Hi K K, likely to open higher by 30-40 pts, could see some profit booking later


  11. SDG Says:
    August 23rd, 2011
    Posted at: 9:46 pm

    Hi Kartik ,GE can I enter 5000CE for Sept tomorrow? Please suggest level to enter. Or nifty will come down to 4800 again in sept?


  12. shruti Says:
    August 23rd, 2011
    Posted at: 9:48 pm

    i m holding 4900 pe .. what shall i do ?


  13. sarkar.s Says:
    August 23rd, 2011
    Posted at: 9:59 pm

    Hi Kartik - Short Minifty 2 lot @4950, but America & Eu r in rocking position. Expecting 5000+ tomorrow. What will be tomorrow.


  14. arun bj Says:
    August 23rd, 2011
    Posted at: 10:04 pm

    hi shruti good evening overall market trend looks weakk this two days bounce is short covering

    if you are holding september 4900 pe then hold or if you have aug you ll be in trouble we can see nifty level before expiry 5033


  15. Kartik Says:
    August 23rd, 2011
    Posted at: 10:07 pm

    Hi SDG, lets wait to see if we mange to sustain higher levels tomorrow after opening

    Hi shruti, lets wait to see if we mange to sustain higher levels tomorrow after opening

    Hi sarkar.s, likely to open higher, keep a tight SL at 5030 and hold it


  16. Mohan Says:
    August 23rd, 2011
    Posted at: 10:09 pm

    Hi Kartik, US market is up by more than 1%..shall i enter 5000 call tom?..

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