Quotes with Resistance & Support
Market Information

Intraday calls for 29-07-11

Posted on: July 29th, 2011 at 8:24 am

Markets likely to open lower, Support at 5430

Buy ITC on dips (trade in small quantity)

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479 Responses

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  1. santhosh Says:
    July 29th, 2011
    Posted at: 3:18 pm

    Hi

    What is your view about market on monday? please advice


  2. hitesh Says:
    July 29th, 2011
    Posted at: 3:19 pm

    please reply

    this is u r telling for today i think thr is going to be major default in iron ore sector
    can it see 270 by today and one thing should i hold on to my positions for monday or square it off b today


  3. gayaram Says:
    July 29th, 2011
    Posted at: 3:22 pm

    Hi Kartik, GA. what about mastek? holding at 126.


  4. akalya Says:
    July 29th, 2011
    Posted at: 3:24 pm

    hi kartik u missed my querry
    pls suggest


  5. Kartik Says:
    July 29th, 2011
    Posted at: 3:26 pm

    Hi hitesh, Yes, hold it till Monday

    Hi Wasey, has been trading weak after its involvement in the mining scam, dont enter it yet

    Hi Shweta, keep a trailing SL at 92 and hold it for a target 98-100

    Hi Chandan, no, looks weak

    Hi arun bj, as been trading weak after its involvement in the mining scam, wait till MOnday, has already slipped quite a lot

    Hi santhosh, lets wait to see Global ques trade tonight

    Hi gayaram, GA, conitnue to hold it, can do well in the Short run


  6. Kartik Says:
    July 29th, 2011
    Posted at: 3:26 pm

    Hi akalya, hold it with a tight SL at 375


  7. akalya Says:
    July 29th, 2011
    Posted at: 3:26 pm

    hi kartik pls see to my querry at 3.18


  8. Shweta Says:
    July 29th, 2011
    Posted at: 3:29 pm

    Hi Kartik,

    Thanks for that one...Another query, do you think EIH and Indian Hotels Co Ltd, are good stocks to invest in for short term ( a month or two). If not which stocks do you suggest?

    Thanks again.


  9. Kartik Says:
    July 29th, 2011
    Posted at: 3:30 pm

    Hi Shweta, they are more of Mid term investments, if looking for 9-12 months, no new call for Short term as of now


  10. arun bj Says:
    July 29th, 2011
    Posted at: 3:35 pm

    ok kartik . . . We should shame about indian . companies . . they spoiled our name in the world . . . . Every were seems . Scam . Corruptions . . telecom scam . . Mining scam . . Sun tv . . Gtl .. Jindal steel . . Unitech . Bgr . Kgl . . Lanco . every 1 to 2 months came such type of scam news . .


  11. SHIBANI Says:
    July 29th, 2011
    Posted at: 3:36 pm

    Hi Kartik, hold RUSHIL DECOR@ 135 .can u predict it for Monday ??


  12. suzane Says:
    July 29th, 2011
    Posted at: 4:03 pm

    Hi Kartik, today i booked huge loss with JSWSTEEL. why it was falling heavily ??
    Booked loss in it and bought COX & KING as BTST ., can u get me the target in it if we open flat/positive ??
    Can it give me a jump of 10-12 % ??


  13. shrikanth Says:
    July 29th, 2011
    Posted at: 4:04 pm

    HI CB/Karthik, I bought Dena Bank @ 86 after knowing from the broker that results are good. What target should I look for it in short term?


  14. Anita Says:
    July 29th, 2011
    Posted at: 4:09 pm

    Sir I am holding Reliance futures short @ 846. Please tell me the target expected for monday and what stop loss should i keep.
    Also bought Aban futures long @ 505. Please suggest target and stoploss for Monday'


  15. arun bj Says:
    July 29th, 2011
    Posted at: 4:29 pm

    hi anitha . Reliance broke 52 week low today . If traded below 820. . ll reach . 790 to 800. In coming days . . Close watch on 820. . . Otherwise . Bounce back up to 850 price . .


  16. Kartik Says:
    July 29th, 2011
    Posted at: 5:58 pm

    Hi arun bj, Yes

    Hi SHIBANI, can see 142, book profits on rise

    Hi suzane, it was involved in some mining scam recently, has been trading weak since then, COX & Kings can see around 215 on Monday

    Hi shrikanth, hold it with a SL at 80 (strong support), Banking stocks overall look weak, might take a while to recover, try to exit it on rise, around 88-90

    Hi Anita, book in Reliance on Monday, if Aban brekas 500, enter a PE to hedge, hold your Long with a SL at 500

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