Intraday calls for 25-08-11

Quotes with Resistance & Support

Market Information

Intraday calls for 25-08-11

Posted on: August 25th, 2011 at 8:28 am

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

Buy M&M at 698, Target: 710, SL 690

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454 Responses

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Kumar SS Says:
August 25th, 2011
Posted at: 3:47 pm
HI YOgi, Abdullah, CB..made losses only in this series, and too so huge. Please advise some trades for a week's time which can bring something for me.
gayaram Says:
August 25th, 2011
Posted at: 3:47 pm
Hi Kartik, Booked hindalco pe with loss. Why it was strong throught while tatasteel and sesagoa was weak.
CBT Says:
August 25th, 2011
Posted at: 3:48 pm
Hi CB/kartik
can i buy minifty futures contract for nov month @ current price ..
Mahe Says:
August 25th, 2011
Posted at: 3:56 pm
Hi Abdullah, Thanks Abdullah..
Kumar SS Says:
August 25th, 2011
Posted at: 4:00 pm
ddd
Abdullah Says:
August 25th, 2011
Posted at: 4:04 pm
Hi Mahe, Most welcome :)
Kartik Says:
August 25th, 2011
Posted at: 4:07 pm
Hi Mahe, yes. that is correct
Hi gayaram, not really sure why. technically does look weak.
Hi CBT, no, don't go long yet. wait for a day or 2
Abdullah Says:
August 25th, 2011
Posted at: 4:16 pm
Hi Kumar SS, Sorry to hear about your losses. Markets look weak. 4800-4700 are broad range support levels. If Nifty holds on to these support range, can expect some bounce. On any trading day, CB/Kartik post calls. You can trade in those. It is adviced that you book profits periodically so that inflow of some money is always there in your pockets. Calls posted in Nseguide are good with good success rate. Last but not the least, booking profits periodically will also increase your confidence. Also lookout for calls from Kb, Yogi, Sunil Rao et all. Personally, I rarely post calls :)
CBT Says:
August 25th, 2011
Posted at: 4:37 pm
Hi CB/Kartik
can i buy bank nifty then for nov month contract
Chandrika Says:
August 25th, 2011
Posted at: 4:49 pm
Hi Karthik
Can u we expect more correction in gold or is it completed ?
Kartik Says:
August 25th, 2011
Posted at: 4:52 pm
Hi CBT, no, not yet. technically it has turned weak
Hi Chandrika, yes, another 5-7% fall is expected.
Suresh Says:
August 25th, 2011
Posted at: 5:09 pm
hi kartik,any special new in GTL infra/morning it was down by 10% but suddenly after 2.30 it rallied a lot..is it being accumulated by any biggie?
Kumar SS Says:
August 25th, 2011
Posted at: 5:14 pm
HI Abdullah...Thank you so much for such a detailed ans :)
Abdullah Says:
August 25th, 2011
Posted at: 5:30 pm
Hi Kumar SS, Most welcome. Wishing you profitable trading days ahead :)
Kartik Says:
August 25th, 2011
Posted at: 5:34 pm
Hi Suresh, no news on it yet, also, seems to have no bulk details for today
Hi Abdullah, GE
Abdullah Says:
August 25th, 2011
Posted at: 5:41 pm
Hi Kartik, GE :)