Quotes with Resistance & Support
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Intraday calls for 25-08-08

Posted on: August 25th, 2008 at 9:28 am

Markets likely to see a gap up opening.
Buy Punj Lloyd at 272, target: 284. Stoploss: 269
Buy Anant Raj Industries at 152.50, target: 157. Stoploss: 150

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7 Responses

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  1. pradeep Says:
    August 25th, 2008
    Posted at: 12:36 pm

    can we expect closing on nifty above 4400


  2. CB Says:
    August 25th, 2008
    Posted at: 12:50 pm

    Hi pradeep, I am not sure as of now.. 4400 is resistance level..


  3. Arun Kumar Says:
    August 25th, 2008
    Posted at: 2:47 pm

    Dear CB,

    I have short sell Vintage @90/- and the scrip has reached the upper circuit of 92.80.

    Now please advice what will happen. Will I lose all my money.

    Best Regards

    Arun


  4. pradeep Says:
    August 25th, 2008
    Posted at: 3:56 pm

    today i bought 100 Axisbank@705 and in my hand 250 rcom @532

    what abt ur suggestion abt that

    can i get ur mail id in yahoo.


  5. CB Says:
    August 26th, 2008
    Posted at: 12:34 am

    Hi Arun, you should check with your broker. ususally they fine us with 20% of the total amount traded. Kindly get in touch with ur broker soon.

    Hi Pradeep, Axis bank is one of the best banking stocks. hold it for short term.. it can touch 750 and 900+ in the med term. My gmail id is [email protected]


  6. Arun Kumar Says:
    August 26th, 2008
    Posted at: 9:15 am

    Hi CB,

    I am really new to share market trading. All these days I have only been a loser. Now I think share market is not for me.

    Reg. Vincards, yes I got in touch with my broker motilal oswal, and they told me that it would be auctioned. Frankly speaking I dont understand.

    Now all that I wanted to know is whether I will lose all my money or expect to get back few.

    Further during my short trading days I come learn that always book small profit or loss. Because whenever i held on expecting for big profit I have lost.

    During these few day I have learnt a lot. Great Experience.

    Looking forward to your kind response in this regard.

    Best Regards

    Arun


  7. CB Says:
    August 26th, 2008
    Posted at: 9:43 am

    Hi Arun, they will sell it for you.. I am not sure what they will charge.. you will definitely get your money back. Being a newbie I would advice to go for short term pics. hold for 10-15 days and then sell it.. some pics for short term, on todays dip buy Lanco infra and Punj Lloyd. Short term trade is always safer.


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