Quotes with Resistance & Support
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Intraday calls for 23-08-12

Posted on: August 23rd, 2012 at 8:41 am

Markets likely to open flat, Support for Nifty at 5360

Buy Tata Coffee at 963, Target: 978, SL 954

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555 Responses

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Comment pages: 272829303132333435Show all

  1. Nagaraj Says:
    August 23rd, 2012
    Posted at: 5:33 pm

    Hi CB - If Bharti Airtel is weak, why should not we enter 240 pe @ 1.7?


  2. Kamal Says:
    August 23rd, 2012
    Posted at: 5:34 pm

    How is bpcl for tomorrow ? I shorted at 347loss of 4 k end of day in futures


  3. shiv Says:
    August 23rd, 2012
    Posted at: 6:05 pm

    Social Networking Pays - Zurker India. How to Own its Shares for Free?

    Dear Reader,

    Zurker is a new Social Network. Unlike Facebook and MySpace, Zurker is co-owned by it's users. That's right, you become the co-owner, you are the future stockholder of Zurker. By helping Zurker grow, you have the potential of helping your wallet grow.


    How Zurker Works?


    Zurker is becoming a new mantra for the people who hang up with social networking websites today. Every member of zurker is entitled for a stake in the form of vshares (virtual shares). Once a member registered with zurker, he can refer people by using the referral code. When your valid referral joins the network you will be getting credits on your account and later can be converted to vshares. Currently vshares can be bought directly for cash also. Most of us have missed to buy the shares of facebook which is now million dollars worth, but we have all chances to buy the shares of Zurker in form of vshares. The idea behind this vshares is to get funds for the company from public instead of large venture capitalists as well as to make every member earn through it once it becomes a corporation like facebook and MySpace.


    The site is very straight forward and maintains an open book concept where the company accounts is open to view by every member. Anyone can see the income and expenses incurred by the company by going to the open books section. Currently joining Zurker is not available to open public and allowed only through referral invites being in beta stage. So you can request your friends or relatives for an invite to join Zurker. You can also join zurker by clicking our referral link: http://www.zurker.co.uk/i-303942-xqpqihfssk
    People behind the Zurker


    Most of us know that the founder of social networking giant Mark Zukerburg faced court trials for stolen idea of facebook from Cameron Winklevoss, his twin brother Tyler and Divya Narendra (an Indian). There was a news that Facebook had paid $65 million to settle the claim. These people have developed this Zurker with this new idea. So there is no doubt that Zurker will become as big as Facebook being they are the original masters behind the facebook concept.


    When you help a social network grow, such as Facebook, you help the founders and investors put money in their pockets but when Zurker grows, you help yourself to put money in your pocket.


    Zurker allows you to earn money while being socially connected. A free invitation to join and a free share in the company for every referred member, isn't it great?


    Join Now and become a co-owner of Zurker to get rewarded.


  4. arun bj Says:
    August 23rd, 2012
    Posted at: 6:10 pm

    hi cb i bought tcs call 1350 at 6.50 aug expiry it given break out above 1290 after consolidation ll see by tomo around 1350 today it ride steady ly even nifty fallen from 5460 to 5405 level


  5. Kartik Says:
    August 23rd, 2012
    Posted at: 6:13 pm

    Hi shiv, thanks for sharing

    Hi arun bj, keep a trailing SL at 10-15rs from its recent high in Cash and hold it

    Hi Robotguy, most welcome

    Hi Kamal, it looks strong above 350, keep a tight SL at 355 and hold it

    Hi Nagaraj, it could see some short covering after its recent fall, wait for a small rise in it


  6. venkat Says:
    August 23rd, 2012
    Posted at: 6:37 pm

    Hi Karthik/CB,

    Europe markets are down 1%. Can we expect some gap down in nifty tomorrow?

    Also I have bough 5400PE @ 28 Please suggest the SL.


  7. subramani Says:
    August 23rd, 2012
    Posted at: 6:48 pm

    Hi Kartik,
    Today i bought Ril 800 call option at Rs 11, but suddenly it came down. Any chances of recover? how it will be if i hold upto expiry?


  8. sona Says:
    August 23rd, 2012
    Posted at: 6:51 pm

    Hi Kartik, shall i go short on AXIS BANK FUT at current level for 25-50 points b4 this xpiry


  9. Akash Says:
    August 23rd, 2012
    Posted at: 7:03 pm

    Hi CB, Ok. But where do u see market in this expiry. Hope either it will go badly down or up so that I can make some profit. Already made big loss in last few days.


  10. Akash Says:
    August 23rd, 2012
    Posted at: 7:10 pm

    Hi Kartik, Which is the best stock to buy in Power sector. Can u pls see the list below and suggest one or two which can give min 4-5 times return in 2-3 years? List of SECTOR: Power - Generation/Distribution

  11. Hi shiv, real cool


  12. Kartik Says:
    August 23rd, 2012
    Posted at: 8:01 pm

    Hi venkat, Yes, can see some more downside, ALso lets wait to see how U.S markets react tonight

    Hi subramani, it saw profit booking, hold it with a tight SL at 790 (cash)

    Hi sona, yes, can be shorted

    Hi Ravichandran, wait for some short covering in it

    Hi Akash, Tata power looks good, Markets can see some more profit booking, also lets wait to see how U.S markets react tonight


  13. Akash Says:
    August 23rd, 2012
    Posted at: 8:06 pm

    Hi Kartik, Ok. So we can buy Tata Power for target 400-450 in 2 years? or even early. Also, so can we expect that Nifty will go 100 points down from here in 2-3 days and 5200 PE can see 50+ easily?


  14. Akash Says:
    August 23rd, 2012
    Posted at: 8:07 pm

    Hi Kartik, As of now US markets are down. So shud we expect 5250 in Nifty in this expiry? How is overall pic? Shud I buy one more PE (5300) to get good return and cover all loss of recent days.

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