Intraday calls for 23-08-11
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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prasath 81 Says:
August 24th, 2011
Posted at: 12:05 am
cb . . Can i enter educomp . For 10 days . . Recent fall . Can see any short covering . In this counter . . Down . Half of the price . 400 to 208 level . .or . Can i enter for long term . .
YOGI Says:
August 24th, 2011
Posted at: 12:19 am
Hi Abdullah, r u on line ?
Abdullah Says:
August 24th, 2011
Posted at: 12:21 am
Hi YOGI, Yes...
YOGI Says:
August 24th, 2011
Posted at: 12:23 am
Hi Abdullah,
http://i55.tinypic.com/jt4cq9.png
arun bj Says:
August 24th, 2011
Posted at: 12:36 am
hi yogi good evening . . Are you . Full time trader . . ?
CB Says:
August 24th, 2011
Posted at: 12:57 am
Hi Abdullah, Good evening.
Hi SDG, Good night..
Hi arun bj, yes, book at a gap up opening.
Hi prasath 81, yes, has found some support near 210 levels. can see 240
Sunil Rao Says:
August 24th, 2011
Posted at: 12:58 am
Hi himanshu, Thanks!
Hi CB and all, Good Evening ...
arun bj Says:
August 24th, 2011
Posted at: 1:02 am
hi . Cb . . Ok how many points ll open up tomo . . . . sunil rao . Good evening . Any stocks for tomo intraday . . .
YOGI Says:
August 24th, 2011
Posted at: 1:04 am
Hi Sunil Rao,
http://i55.tinypic.com/jt4cq9.png
post ur commments
Sunil Rao Says:
August 24th, 2011
Posted at: 1:10 am
Nifty: 50-day PWO momentum indicator closed near -880 today ... likely to face resistance near -750 (5007 on Nifty spot). A close above it tomorrow, may likely trigger some more upmove to -250 PWO (likely to be near 5200).
YOGI Says:
August 24th, 2011
Posted at: 1:24 am
Hi Sunil Rao/cb/abdu,
http://i52.tinypic.com/292xj5i.png
post ur comments
and sup/res levels (intraday)
Abdullah Says:
August 24th, 2011
Posted at: 1:37 am
Hi YOGI, Nice one. Above 455, 463 will be the first resistance. If managed to cross that, next target will be 469-470 levels. Taking Fibonacci retacement from the high of the candle of 10/08/2011 till 23/08/2011, 38.2% is somewhere at 465 and 50% is at 470. A long lower shadow of today's candle suggest a bullish signal. Can initiate long with a stop of just below 450. For short term or intraday, I believe, Ichimoku does not come into the picture ---> will go for Ichimoku for analysing a bit longer term view. Before first resistance is reached, if the stock somehow breach 450, we can initiate short...
arun bj Says:
August 24th, 2011
Posted at: 1:37 am
cb superb rally in dow jones . . i bought for today august .5000 call at rs 21 . How many rs open up tomo . .
Abdullah Says:
August 24th, 2011
Posted at: 1:38 am
Hi Sunil Rao, GE :) Being nocturnal?
CB Says:
August 24th, 2011
Posted at: 1:46 am
Hi Sunil Rao, Good evening.. a link from Yogi somehow went in the unapproved section. I have approved it now. please review
Hi arun bj, seems like 50 odd points higher..
CB Says:
August 24th, 2011
Posted at: 1:46 am
Hi YOGI, it seems canbank can test 438-440 in a day or 2.