Quotes with Resistance & Support
Market Information

Intraday calls for 30-08-11

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

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)

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551 Responses

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Comment pages: 272829303132333435Show all

  1. CA.Tejas Says:
    August 31st, 2011
    Posted at: 1:43 pm

    Hi CB, Thank you for your kind support on holidays also.....

    Happy Holidays Enjoy !!!!!


  2. YOGI Says:
    August 31st, 2011
    Posted at: 1:47 pm

    Hi Sunil Rao,kb,abdu,gaaya,geetha,palani,
    VAKRATUNDA MAHAKAAYA
    SURYA KOTI SAMAPRABHA
    NIRVIGNAM KURUME DEVA
    SARVA KAARYESHU SARVADHA
    @@@@@@@@@@@@@@@@@@@@
    WISHING U A HAPPY GANESH CHATURDHI IN ADVANCETO u and ur family convey my greetings to them,


  3. Abhishek Says:
    August 31st, 2011
    Posted at: 3:17 pm

    HI CB,

    I have ramky infra at 300. What is prospect. should I book losses?


  4. CB Says:
    August 31st, 2011
    Posted at: 4:44 pm

    Hi CA.Tejas, most welcome. happy holidays..

    Hi YOGI, Wish you the same

    Hi Abhishek, below 240 looks a bit weak. as of now if it breaks support at 217, would advice to exit 50% from it and add again on dips.


  5. cvrprakash Says:
    August 31st, 2011
    Posted at: 6:26 pm

    CB,

    Many a times BGR breaks 300 and showing a bounce.
    I am holding it @ 580 levels :-(
    Continue to hold it with hope???
    At what level you advice to buy it more? Do you suggest any swich from BGR now seeing its steep fall?


  6. cvrprakash Says:
    August 31st, 2011
    Posted at: 6:31 pm

    CB, Good Evening.

    Last week all world markets are showing no hope for recovery!!
    This week all are going very strong. Is all the issues solved?? Seems like there is no turning back now.
    Tell me CB, Is this just a recovery in bear market or all is fresh buying happening now?


  7. Kartik Says:
    August 31st, 2011
    Posted at: 6:59 pm

    Hi cvrprakash, faces strong support at 300-310 levels, hold it for Short/Mid term, this seems a technical bounce, economic recovery might take a while


  8. cvrprakash Says:
    August 31st, 2011
    Posted at: 7:26 pm

    Kartik,

    I had kept a a good amount aside expecting to get in to market during Nifty falls to 4200-4300 levels. Whether it will happen in this Sep-Oct?? What charts are suggesting?
    Please share your views.


  9. sanzy Says:
    August 31st, 2011
    Posted at: 9:00 pm

    hi Happy Ganesha Chaturthi to all...

    what's ur view on
    Hero Motorcorp,
    Bharti Airtel
    JP Associats

    i want to trade in these stocks on Friday..pls suggest intraday target


  10. gayaram Says:
    August 31st, 2011
    Posted at: 9:00 pm

    Hi ALL, Wishing u a Happy Ganesh Chathurthi and Happy Holidays.


  11. dinkar Says:
    August 31st, 2011
    Posted at: 9:21 pm

    dear sir,
    can i enter jpasso. now


  12. Kartik Says:
    August 31st, 2011
    Posted at: 10:25 pm

    Hi cvrprakash, some profit booking is expected in the coming weak, lets wait to see if we manage to break 4950 (support)

    Hi gayaram, GE, same to you

    Hi dinkar, can be entered for Short term with a Sl at 59

    Hi sanzy, Gm, same to you, they can add 1-2%, some profit booking is expected during the day, dont enter them for Intraday


  13. himanshu Says:
    August 31st, 2011
    Posted at: 10:39 pm

    hey cb/kartik
    So nyc of you dat u answer all queries even on holidays

    Does v open higher or a flat on friday or again a rally of 100 points can b seen?
    Bcoz european and dow r going good


  14. Abdullah Says:
    August 31st, 2011
    Posted at: 11:30 pm

    Hi himanshu, GE :) Too early to say. Lets see how domestic and global events shape up. We still have Thursday. Better to watch out Thursday for some cues :)


  15. Kartik Says:
    August 31st, 2011
    Posted at: 11:41 pm

    Hi himanshu, GE, cant be sure yet, but can see some profit booking on Friday

    Hi Abdullah, GE


  16. Abdullah Says:
    August 31st, 2011
    Posted at: 11:51 pm

    Hi Kartik, GE :) Sorry, answered some questions in "Queries" section. As soon as I pressed the "Submit" button there, saw your reply. Don't mind :)

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