Quotes with Resistance & Support
Market Information

Intraday calls for 24-08-11

Posted on: August 24th, 2011 at 8:32 am

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

Sell Hindalco at 145.50, Target: 141, SL 149

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592 Responses

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  1. SS Says:
    August 24th, 2011
    Posted at: 8:51 am

    Hi palanivel,
    Asian stock markets gave up early gains on Wednesday after Moody's Investors Service downgraded Japan's credit rating.

    Japan's Nikkei 225 index fell 0.2 percent to 8,714.58 after opening higher. South Korea's Kospi index dropped 1.1 percent to 1,756.81 while Hong Kong's Hang Seng index lost 0.8 percent to 19,725.73.

    Australia's S&P/ASX 200 index was 0.6 percent up at 4,197. Shares in mainland China and New Zealand were also higher.


  2. Kartik Says:
    August 24th, 2011
    Posted at: 8:51 am

    Hi AJ, no, if entered, book on rise

    Hi gaps, Midcaps might take a while to recover, dont enter them yet


  3. arun bj Says:
    August 24th, 2011
    Posted at: 8:51 am

    hi kartik how ll open nifty petronet 190 call still holding tomo is expiry


  4. jitendra Says:
    August 24th, 2011
    Posted at: 8:51 am

    Hi kartik... hw das power trading company looks today


  5. sanzy Says:
    August 24th, 2011
    Posted at: 8:52 am

    shall i by BankNifty 9400PE at the opening...


  6. Kb Says:
    August 24th, 2011
    Posted at: 8:53 am

    Hi gayaram, gm


  7. Kartik Says:
    August 24th, 2011
    Posted at: 8:53 am

    Hi sanzy, no, dont enter at opening, wait for some time

    Hi jitendra, looks good for 1-2 % gains

    Hi arun bj, might open flat, keep a trailing SL at 180 and hold it


  8. akshi Says:
    August 24th, 2011
    Posted at: 8:53 am

    can i buy hindalco pe aug pe for intraday


  9. Kartik Says:
    August 24th, 2011
    Posted at: 8:53 am

    Hi akshi, Yes


  10. AJ Says:
    August 24th, 2011
    Posted at: 8:54 am

    JAIR irrigation for intraday?


  11. wayne Says:
    August 24th, 2011
    Posted at: 8:56 am

    Hi Kartik, Bank of India can be biught for intraday if opens flat or around 318 for target of 325?


  12. suzane Says:
    August 24th, 2011
    Posted at: 8:58 am

    Hi Kartik, what target u suggest in intraday for Kwality dairies on upside ??


  13. Kartik Says:
    August 24th, 2011
    Posted at: 8:59 am

    Hi suzane, 168

    Hi AJ, can do well once above 180

    Hi wayne, no, banking stocks could see some profit booking coming in


  14. cvrprakash Says:
    August 24th, 2011
    Posted at: 9:00 am

    Kartik,

    Your view on Confy Petro?
    Can I enter @ 10? Already holding some position @ 17.5.
    Please advice. Your view on this is still intact?


  15. SS Says:
    August 24th, 2011
    Posted at: 9:00 am

    Hi Kartik,
    Good Morning, Whats your call on Bharti ?


  16. Kartik Says:
    August 24th, 2011
    Posted at: 9:01 am

    Hi cvrprakash, hold it, its a long term investment, dont ad more yet

    Hi SS, Gm, above 400 looks good, can add another 1-2% today

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