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Intraday calls for 29-07-11

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

Markets likely to open lower, Support at 5430

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479 Responses

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Comment pages: 212223242526272829Show all

  1. Kb Says:
    July 30th, 2011
    Posted at: 10:25 am

    Hi YOGI, hmm. . its not treasure .. . old king give everything to the god & temple.. including his kingdom .... royal family knows about this, but they didn't touched this "lakhs of crores" . ...... really a wanderful honesty


  2. Kb Says:
    July 30th, 2011
    Posted at: 10:26 am

    Hi CB, GMMMMMM


  3. bktr Says:
    July 30th, 2011
    Posted at: 10:52 am

    hai KB
    The wealth of the PADMANABHA TEMPLE is not the wealth of the King Marthandavarma and his royal family.Lion share of the wealth was contributed by different kingdoms in kerala to Tiruvitamkoor(Triruvananthapuram) kingdom. Also the king Marthandavarma ROBBED the welth of other weak kingdoms and stored inside the temple.TP Sunderarajan, an advocate and old IPS officer filed a petition with the Court, asking to examine the treasures in the Sree Padmanabhaswamy Temple. At the same time there were many allegation regarding the wealth of the temple was taking by the royal family and it led to a strong fight in court. Not the royal family but many of them know that there is valuable things inside the temple. Legally Royal family has no title or ownership in the Temple but they are ruling the temple yet. I think they may take part of some wealth from one of the strong room.(some of the employees of the temple said through media) and other strong rooms are not able to open easily and take lot of technicians efforts. I think antique value of wealth may 3 times more than the money value.
    according to me , all the wealth, except the POOJA jewels and Other related POOJA and RELIGIOUS wealths, should be auctioned and pay off the KERALA DEBTof 80000Cr.


  4. yashvardhan Says:
    July 30th, 2011
    Posted at: 10:52 am

    hi CB and Karthik VERY GOOD MORNING. i have a query please help....i have bought 3162 shares of lanco infratech at RS. 19.60.......and mid valley entertainment 500 shares @138.50. Please suggest me what to do..Shall i quit at this level...can u please tell me the short term target of both...Is it a right choice fr the short term.


  5. bktr Says:
    July 30th, 2011
    Posted at: 11:16 am

    Monday market may show a correction.
    But the US Debt problems are the main concern.


  6. Kartik Says:
    July 30th, 2011
    Posted at: 11:38 am

    Hi ramaswamy, except Rcom, all of them are trading below their support levels, enter a PE for PTC, Hindalco, exit from Jain

    Hi micky, United Brewerie above 505 can do well, Adani fell due to the recent mining scam (its involvement)

    Hi gayaram, we might open float, keep a SL at 5550 and conitnue to hold your PE for now, support at 5450

    Hi Kb, GM

    Hi bktr, hmm

    Hi yashvardhan, both of them are weak bets for now, exit from them on any rise, enter it some other good bets, such as ITC


  7. sunny Says:
    July 30th, 2011
    Posted at: 12:01 pm

    hi kartik/kb/cb. i have bought nifty 2 lot future aug at 5503 and hedget with 2lot 5400 pe bought at 76 rs. what should be my strategy for monday?


  8. gayaram Says:
    July 30th, 2011
    Posted at: 12:20 pm

    Hi Kartik, Thanks. Shall i cover near 5450 and enter again near 5520.


  9. micky Says:
    July 30th, 2011
    Posted at: 12:33 pm

  10. Kartik Says:
    July 30th, 2011
    Posted at: 12:55 pm

    Hi sunny, keep a SL at 5550 for your PE, hold your CE with a SL at 5450

    Hi gayaram, if we break 5450 we could see some more downside, continue to hold if broken

    Hi micky, 520


  11. Kb Says:
    July 30th, 2011
    Posted at: 12:57 pm

    Hi bktr, not really. .. it's not going to happen in that way !!! ...........

    All kings ruled like that only.. beating other states & extending their kingdom .. thats usual thing in history.. Persions, mugal , british all attacked india & looted :D ... they are going to repay/ contribute to Indian debt ?? no way

    we know about many other predecessors in India,who sold wealth & enjoying .. well its not like this.

    And i donn think current king/ royal family are wishing for that money.. they donn takes even a single sand grain from there.. they are such kind of good people :)

    There are many other temples with wealth .. that all treated as "wealth of temple" and this is also going to be like that only .. if needed temple management can build schools,colleges/ like that..

    current King is having major role in temple decisions .. that's rite .. even supreme court asks for their suggestions.. Its the duty of king to protect the "padmanabha temple" & kingdom of padmanabha (old tranvancore) but they donn takes anything form temple and pays many types of penalties ( like if missed one day visit like that..)


  12. himanshu Says:
    July 30th, 2011
    Posted at: 1:01 pm

    hey cb
    Can v see renuka sugar above 100 in medium term??


  13. Kb Says:
    July 30th, 2011
    Posted at: 1:03 pm

    Hi Kartik, GA


  14. YOGI Says:
    July 30th, 2011
    Posted at: 2:41 pm

  15. dinkar Says:
    July 30th, 2011
    Posted at: 2:47 pm

    dear sir,
    why jp asso is going down down side , i bought 600 share @ 71. what to do now
    next week?


  16. CB Says:
    July 30th, 2011
    Posted at: 2:54 pm

    Hi Kb, Good afternoon

    Hi himanshu, yes, fundamentally its a good bet. once midcaps start moving, can test 95-100

    Hi YOGI, Good afternoon

    Hi dinkar, yes, it has turned a bit weak below 72. if markets continue to remain weak on Monday, would advice to exit 50% for now

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