Intraday calls for 30-08-11

Quotes with Resistance & Support

Market Information

Intraday calls for 30-08-11

Posted on: August 30th, 2011 at 8:36 am

Calls directly in ur mailbox daily. Intraday calls by email

Markets likely to open higher, Resistance for nifty is at 4960.

Buy Axis bank at 1040, Target: 1060, SL 1025
(trade in small quantity)

10.35am- buy Idea at 100, target: 105. Stoploss: 96. (1-2 day hold)

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months

name

cell no.

551 Responses

{ ADD YOUR OWN }

Comment pages: 27 28 29 303132 33 34 35 Show all

SAGAR Says:
August 30th, 2011
Posted at: 10:36 pm
Hi Kartik, Nifty can see some gap down opening Just watch my magic recomnd.
Das Says:
August 30th, 2011
Posted at: 10:37 pm
Hi Kartik. how do you see IFCI now? i have 40 CE @1.60. please advise
Kartik Says:
August 30th, 2011
Posted at: 10:37 pm
Hi Gitanjali, some profit booking is likely on Friday, would be better to wait to see how Markets react, thanks
Kartik Says:
August 30th, 2011
Posted at: 10:38 pm
Hi Das, it looks weak, hld it with a tight SL at 37
Hi SAGAR, Yes, seems so
Gitanjali Says:
August 30th, 2011
Posted at: 10:41 pm
Hi Kartik, OK..shall count on that.
m v Says:
August 30th, 2011
Posted at: 10:49 pm
thanks.
Kb Says:
August 30th, 2011
Posted at: 10:53 pm
Hi Gitanjali, No .. As far as Spot is below 5300. . 5300 PE is ITM (in the Money) ..
Rise Says:
August 30th, 2011
Posted at: 11:09 pm
sir what about jet airways....mphasis....hero motocorp...?
Kb Says:
August 30th, 2011
Posted at: 11:35 pm
heyy guys chek this .. . http://nsedaytraders.blogspot.com/
arun bj Says:
August 30th, 2011
Posted at: 11:37 pm
hi kartik i bought 4700 pe 3 lot all are loss in now .. can i see 4800 in september series
arun bj Says:
August 30th, 2011
Posted at: 11:39 pm
Why the current pullback might be just a flash in the pan
Published on Tue, Aug 30, 2011 at 17:31 | Source : CNBC-TV18
Updated at Tue, Aug 30, 2011 at 22:06
Ethical Finance www.mifc.com/viewpoints
Ethical finance connectsglobal opportunities. Ads by Google
Story
Comments (7)Like this story, share it with millions of investors on M31
Like this story, share it with millions of investors on M3 Why the current pullback might be just a flash in the panIndian equities continued their pullback today, outperforming other global markets, despite volatility. The day's gains are even more heartening considering the lacklustre GDP numbers.Post your opinion here

1
17
Share

2
inShare.
Share on Tumblr

Nifty
BSE | NSE 30/08/11
Are Mutual Funds betting on Nifty?

Moneycontrol Bureau
Indian equities continued their pullback today, outperforming other global markets, despite volatility. The day's gains are even more heartening considering the lacklustre GDP numbers.
The Nifty conquered the 5,000 level, closing 81 points higher at 5001, while the Sensex ended the day at 16,676, up 260 points. The pullback was led by largecaps and not so much by midcaps.
It is the shortage of sessions, explained Devangshu Datta, consulting editor, Outlook. "Nobody wants to be left with their positions open and their pants down on Friday," he remarked adding, "…as of now, I would just say that this is short covering. What you are getting here is retail and operators closing positions — mostly they would have been short after Friday."
The market has nearly recovered, in two-days, all of its losses made in the last week or so. However, experts believe the recovery may be a flash in the pan sort of a rally and the road ahead is likely to be treacherous to say the least.
"I like the speed that we have seen on the rebound and how sharp the rebound has been. It's probably going to be a short-lived rebound that potentially lasts for the rest of the week and then it will resume the downtrend early next week and continue to fall through September. Hopefully, it will make some important lows — 10% lower from current levels and then looking at a recovery rally into year-end. So we are towards the end of the correction that we have seen play out from the April peak for most of these markets but risk is still 10% to the downside from here," said Laurence Balanco Asian Technical Research at CLSA.
Market, however, might feed on that kind of sentiment and probably stretch the rally a bit more. The rally looked like it would fizzle out post the tame GDP numbers — Nifty went down to nearly 4900 — but managed to come back, which shows the conviction among the bulls this time around.
India's April-June GDP growth came in above estimates at 7.7%, BUT, the headline number masks the extent of the slowdown.
As per the old GDP series, the growth would have been just 7.2%. The weak number may mean the continuation of the tough interest rate regime adopted by the Reserve Bank. So the coming week or two may see market focusing on possible interest rate hike.
But will the pullback continue? A lot of good news (which seem few and far between) should do the trick, says Amit Dalal of Tata Investment. "It (market) will find it difficult to do that until we have more visibility, more certainty of where we are going with the managed growth," he said adding, "I don't think that 5200 can be crossed that easily, but yes, on the downside at 4800 the market becomes a screaming buy for investors."
It would start getting interesting if the trend sustains above 5125, said Datta. "If it moves above 5225, then we are in a reversal of some description," he felt.
Sagar Salvi
[email protected]
Tags: Market, Dalal Street, GDP, Sensex, Nifty
prasath bj Says:
August 30th, 2011
Posted at: 11:50 pm
CBI arrests Everonn MD on bribery charges
Published on Tue, Aug 30, 2011 at 22:33 | Source : CNBC-TV18
Updated at Tue, Aug 30, 2011 at 22:54
SBI Gold Fund SIP Sbimf.com/Gold_Fund
No wealth tax. No Demat a/c neededinvest in gold with SBI Gold Fund. Ads by Google
StoryStock QuotesStock Advice
11689 Investors following Everonn Edu. Share this News with them.1
Like this story, share it with millions of investors on M3 CBI arrests Everonn MD on bribery chargesAt a time when the anti corruption movement is grabbing eyeballs, P Kishore, MD of Everonn has been arrested by the CBI on bribery charges. CNBC-TV18's Swathi Narayanan reports.Post your opinion here

1
Share

0
inShare.
Share on Tumblr

Excerpts from India Business Hour on CNBC-TV18 Watch the full show Â»

At a time when the anti corruption movement is grabbing eyeballs, P Kishore, MD of Everonn has been arrested by the CBI on bribery charges. CNBC-TV18's Swathi Narayanan reports.
CBI sources say two others, including an additional commissioner of Income Tax, have also been arrested.
The arrest has been made on a bribery charge of Rs 50 lakh and for concealing income worth Rs 116 crore. The additional commissioner of income tax A Ravinder had searched the premises of Everonn.
Sources say the Everonn MD had asked, through a CA, that the amount be suppressed to Rs 60 crore. He had agreed to pay Rs 50 lakh as bribe.
The amount of taken to the additional commissioner in a cardboard box.
The additional commissioner wanted to transfer this amount to an undisclosed location, which is when the CBI got a tip off leading to the eventual arrests.
There has been no comment from Everonn on that matter.
CB Says:
August 31st, 2011
Posted at: 12:49 am
Hi m v, most welcome
Hi Rise, hero looks strong. can head upto 2150. not sure of entering others yet
Hi arun bj, will need to hold for few days. strong resistance is near 5050. selling pressure is likely to resume on rise
Hi prasath bj, thanks for the update.
Gitanjali Says:
August 31st, 2011
Posted at: 7:28 am
Hi Kb, yes.. thought the number of points it falls' ,is more ..if mkt rallies..Thanks.
Kb Says:
August 31st, 2011
Posted at: 8:12 am
Hi prasath bj, donn post this much long things..
Kb Says:
August 31st, 2011
Posted at: 8:39 am
Hi CB, Ragg bediiiiiii .. happy christmas .. :DDDD