Intraday calls for 23-08-13

Quotes with Resistance & Support

Market Information

Intraday calls for 23-08-13

Posted on: August 23rd, 2013 at 8:23 am

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Markets likely to open flat. Resistance for nifty is at 5430.

If markets show recovery later during the day, buy: Biocon – (Book profit in Biocon at 345)

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194 Responses

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care Says:
August 23rd, 2013
Posted at: 11:02 pm
Hi Kartik, OK.. thank you bro.
care Says:
August 23rd, 2013
Posted at: 11:10 pm
Hi Kartik, Hi CB,
Crude is making new high 6927!!... Shall close the trade today ..Thank you.
Prince Mayank Says:
August 23rd, 2013
Posted at: 11:14 pm
Hi Kartik, Whats happening to FINANTECH.... whats ur vision ahead ?? Why its falling badly ?? I wanna know if any role in NSEL scam ??
In which case it can rise up again ??
CB Says:
August 24th, 2013
Posted at: 12:34 am
Hi care, most welcome
Hi Prince Mayank, it is going quite weak. is finding some support near 130 levels. if manages to hold onto it for some more time, can see some bounce. dont add more of it yet.
PKP Says:
August 24th, 2013
Posted at: 8:50 am
Hi CB sir
GM
Sent u a mail on g I'd
Pls reply sir
Thnks PKP
Kartik Says:
August 24th, 2013
Posted at: 9:40 am
Hi PKP, GM, sure
SaiPalanivel Says:
August 24th, 2013
Posted at: 10:15 am
HI KARTIK SIR,USD INR NOW SPOT PRICE PLEASE.MCX TRADING TERMINAL SHOWN 61.26 ITS A REAL OR FAULT?
pankaj Says:
August 24th, 2013
Posted at: 10:16 am
hu sir
can i buy axis &sbi bank at this level for short term?
Jackie Says:
August 24th, 2013
Posted at: 11:03 am
Sir your views on bank of baroda and bank of india ? buyable on monday ?
avis Says:
August 24th, 2013
Posted at: 11:42 am
hi cb/karthik
on friday all it stocks are up 3% except infosys
why infosys was down
can infosys fall below 2950 on monday
Kartik Says:
August 24th, 2013
Posted at: 12:29 pm
Hi SaiPalanivel, its around 63 now http://finance.yahoo.com/q?s=USDINR=X
Hi pankaj, they look weak for now, dont enter them yet, wait for some time
Hi Jackie, banking stocks look weak overall, would be better to avoid them for a while
Hi avis, its seeing some consolidation after its huge rally in the past few days, 2950 acts as its strong support, if broken it can see lower levels ahead
Kartik Says:
August 24th, 2013
Posted at: 12:59 pm
Hi Vishal, USL can see around 2250 in 1-2 days, try to book on rise, dont enter others yet
care Says:
August 24th, 2013
Posted at: 2:52 pm
Hi Kartik, GA. Will dollar be around these prices for one more year pl? Trying to align the price with those of commo ... Would it be safe to enter short positions one at a time , when ever re peeks to 70 plz?
Venky Says:
August 24th, 2013
Posted at: 5:35 pm
Sir Rcom has come up with the result
http://www.tmcnet.com/usubmit/2013/08/23/7363027.htm
where it will open on monday?
Ghani Says:
August 24th, 2013
Posted at: 6:34 pm
hie sir whats your view on dabur?? is it short covering or can we see lower levels ahead before expiry?
Kartik Says:
August 24th, 2013
Posted at: 6:54 pm
Hi care, enter on dips around 62, its likely to settle around 65 for a while before moving futher
Hi Venky, results look flat when compred to last quarter, though its in loss, it may open lower by 2-3%
Hi Ghani, its short covering, may give a bounce upto 154 and continue its downtrend, 150 acts as its strong support level