Quotes with Resistance & Support
Market Information

Intraday calls for 24-08-12

Posted on: August 24th, 2012 at 8:33 am

Markets likely to open lower, Support for Nifty at 5350, resistance at 5420

Buy Inox Leisure around 60.5, Target: 64, SL 58 – (exit at 58.50)

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669 Responses

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  1. siva Says:
    August 24th, 2012
    Posted at: 7:41 pm

    Hi CB, I have TCS CE 1350 price at 6.50, Can I hold it till expiry. Whats the outlook of TCS till expiry?


  2. CB Says:
    August 24th, 2012
    Posted at: 7:50 pm

    Hi ysr, its a hold for now. nifty can test 5370

    Hi divyesh, its looking a bit weak. don't enter it yet

    Hi siva, yes, its a hold. technically does look good. can see 1340


  3. Deep121 Says:
    August 24th, 2012
    Posted at: 8:20 pm

    Hi CB,
    Holding AshokLeyland @ 21.9, Mcleodruss @ 303, Axisbank @ 1075.These all are BTST. Please suggest TGT and SL..


  4. SaiPalanivel Says:
    August 24th, 2012
    Posted at: 9:06 pm

    HI CB SIR,US MARKETS TRADE IN GREEN.HOW REACT NIFTY ON MONDAY.HOLD 5300 PE.YOUR ADVICE PLEASE.


  5. ARUN BJ Says:
    August 24th, 2012
    Posted at: 9:45 pm

    hi kartik good evening why ifci fallen 16%


  6. ARUN BJ Says:
    August 24th, 2012
    Posted at: 9:48 pm

    hi robotguy good evening i posted for you yesterday night
    nifty future touched 5381 and bounced today upto 5407

    arun bj Says:
    August 24th, 2012
    Posted at: 1:21 am
    hi robotguy may be market ll test 5380 level and bounce tomo


  7. pankaj Says:
    August 24th, 2012
    Posted at: 9:56 pm

    hi Atun BJ, this is for u:
    The big loser of the day was IFCI , on the news that the government has converted its bonds into equity which the market took as a sign that there would be no strategic sale and the stock adjusted 16-17% lower.


  8. choton Says:
    August 24th, 2012
    Posted at: 10:01 pm

    hi cb sir .... I"m in very tensd now ... approxmtly 2 week ago I booked lose Rs. 28,000 .,,,,. started agin with some capital...... now hdil 400 @ 86.20 and manprm 1000 @ 36 ..... I can carry it max next fri-day ... Pls. suggest thinkfully ..... I"ll go with u ...


  9. hitesh Says:
    August 24th, 2012
    Posted at: 10:06 pm

    whts ur view on jain irrigation and maruti


  10. Kartik Says:
    August 24th, 2012
    Posted at: 10:22 pm

    Hi Deep121, they can open higher by 1-2% on Monday, would advice to exit them on rise as they have been seeing profit booking lately

    Hi SaiPalanivel, for now it seems Markets may open higher, but also lets wait to see how Asian ques react ahead

    Hi ARUN BJ, http://www.thehindubusinessline.com/markets/stock-markets/article3815502.ece?homepage=true

    Hi choton, HDIL it seems may take some time to recover, saw profit booking with the Markets, Mannapuram can see around 38-39 by Friday, if possible enter a PE to hedge HDIL

    Hi hitesh, Jain Irri looks weak, avoid it, Maruti faces strong resistance at 1210, a close above which can take it to 1250+ levels


  11. ARUN BJ Says:
    August 24th, 2012
    Posted at: 10:26 pm

    hi kartik ll go long coal india monday it broked 360 resistance ttoday


  12. Kartik Says:
    August 24th, 2012
    Posted at: 10:35 pm

    Hi ARUN BJ, Yes, can be entered around 364


  13. I Says:
    August 24th, 2012
    Posted at: 11:00 pm

    Hi Kartik, bought 44 lots @ 24


  14. RAVI Says:
    August 24th, 2012
    Posted at: 11:06 pm

    hi kartik, can i enter these stock on monday for the gain of 10% in a 4-5days fortis health care ,opto circuit, or ifci


  15. amit Says:
    August 24th, 2012
    Posted at: 11:11 pm

    hi kartik & cb sir
    please suggest on INOXLEISU @ 61. now it is @ 57.80. what to do? what will be target on monday? plz note i can hold it upto next friday.


  16. ARUN BJ Says:
    August 24th, 2012
    Posted at: 11:23 pm

    cb where can i see open interest other than nse ( nse site not working for me )

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