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. mvsmurthy Says:
    August 25th, 2012
    Posted at: 8:37 pm

    Dear cb,
    pl. give detailed view about alok industries.I have 1000at rs 24/.Shal i hold or exit or average.pl. reply to my mail id.

    mvsmurthy


  2. mvsmurthy Says:
    August 25th, 2012
    Posted at: 8:43 pm

    DEar all,

    Pl. use the srip name instead of it /any other pronoun in your replies,as it helps to know about others doubts.I hope my suggestion makes some sense.

    mvsmurthy


  3. CB Says:
    August 25th, 2012
    Posted at: 9:37 pm

    Hi Imran, most welcome

    Hi mvsmurthy, its a hold for short term. has some support near 15 levels. if holds onto it for some more time, can expect a bounce from here. currently we have this feature in the queries section. will soon be implementing it in the intraday


  4. RAVI Says:
    August 25th, 2012
    Posted at: 10:20 pm

    hi cb, how ind-swift lablooks advisable to enter if yes sl &tgt


  5. pankaj Says:
    August 25th, 2012
    Posted at: 11:18 pm

    can i short september future of HUL? if yes, wht shall be the tgt in short term ??


  6. CB Says:
    August 25th, 2012
    Posted at: 11:53 pm

    Hi RAVI, technically does look a bit weak still. has resistance higher near 50.

    Hi pankaj, no, its looking strong. don't go short yet.


  7. Guru.Khapper Says:
    August 26th, 2012
    Posted at: 12:16 am

    Hai CB good evening. was it market open positive on monday.


  8. RAVI Says:
    August 26th, 2012
    Posted at: 12:28 am

    hi cb, bank ,metal, infra, real estate sector got corrected & pharma , it ,media sector bounce a lot so in coming day which sector will be safe to invest in ?
    your outlook on oil& gas, auto sector


  9. CB Says:
    August 26th, 2012
    Posted at: 1:29 am

    Hi Guru.Khapper, Good evening. seems may open 15-20 points higher.

    Hi RAVI, can look to enter the auto sector. M&M looks strong.


  10. jk Says:
    August 26th, 2012
    Posted at: 9:33 am

    good morning sir,
    can i make strick sl at 5410 for 5400pe august series?

    withregards


  11. dibyojyoti Says:
    August 26th, 2012
    Posted at: 10:22 am

    Hi ,
    Please share your views on BEML, not getting much news in the media about what is the development, have holdings @ 490, from long term view what should i do, exit if there is another bad quarter and shift may be to bhel or any other stock? or wait for 2-3 quarter of stable result ?.
    Also from long term what should be better IDBi or Allahabad bank, or if any other mid cap psu bank?.
    Thank you in advance


  12. Kartik Says:
    August 26th, 2012
    Posted at: 11:35 am

    Hi jk, keep a Sl at 5420

    Hi dibyojyoti, BEML has been posting losses lately, would advice to exit 50% from it, if posssible keep the rest for long term, seems may take a while to recover, Allahabad Bank and IDBI are trading around their strong supports of 120 and 82, dont make fresh entries in them yet, wait for some time


  13. sdkbest Says:
    August 26th, 2012
    Posted at: 12:03 pm

    Hi CB/Kartik

    Can I buy Ranbaxy 560PE Aug series on monday near spot price @655-660.
    Will it be in profit before the expiry? Pl advice

    Thnx


  14. sdkbest Says:
    August 26th, 2012
    Posted at: 12:05 pm

    sorry near spot price @555-560


  15. CB Says:
    August 26th, 2012
    Posted at: 12:23 pm

    Hi sdkbest, technically it does look strong. don't enter its pe yet


  16. Robotguy Says:
    August 26th, 2012
    Posted at: 12:25 pm

    Hi KARTIK / CB, T group shares listed in bse cannot be squarred off on same day unless and until u hv delivery, but what is the rule in nse is there T group in Nse also. If possible pls give one scrip name of T group listed in NSE for eg.

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