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Intraday calls for 31-08-10

Posted on: August 31st, 2010 at 8:20 am

Markets likely to open lower. Support for nifty is at 5350 and resistance at 5440.

If markets show recovery later during the day, buy: Glodyne Technoserve Ltd.

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622 Responses

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  1. varun Says:
    August 31st, 2010
    Posted at: 8:34 am

    cb.............wats ur view on TATA STEEL? I'm holding its 460 PUT for the current [email protected]. can it see levels below 500 in the current series?


  2. CB Says:
    August 31st, 2010
    Posted at: 8:34 am

    Hi ask, Good morning. no, don't avg it yet. wait for some time

    Hi jame, can see 80. enter near 70


  3. CB Says:
    August 31st, 2010
    Posted at: 8:35 am

    Hi k.elanggovan, lets see how it reacts there. dont enter yet

    Hi mahesh, yes, sugar sector not moving much lately. hold it little longer. should recover back soon

    Hi varun, hold put with strict sl at 530-535. today can come down a bit.


  4. lilly Says:
    August 31st, 2010
    Posted at: 8:37 am

    God Morning.
    Can u advice me on Reliance, MMTC and Hero Honda.
    Thanks in Advance...


  5. mahesh Says:
    August 31st, 2010
    Posted at: 8:37 am

    thanks once again chirag..... i go long with it


  6. CB Says:
    August 31st, 2010
    Posted at: 8:38 am

    Hi lilly, Good morning. not sure how reliance would react to the stake buy in EIH today. mmtc looks a bit weak. hero honda is near strong support levels. can see a bounce from here.


  7. CB Says:
    August 31st, 2010
    Posted at: 8:38 am

    Hi mahesh, most welcome. yes, hold it.


  8. arun bj Says:
    August 31st, 2010
    Posted at: 8:38 am

    cb .. good morg ... which stocks is looks weak ... ruchi infra .. bartronics .. hcl infosystem ... i want to short sell one ... ( intraday) ...


  9. radhika Says:
    August 31st, 2010
    Posted at: 8:38 am

    i had bought tatamotors [email protected] [email protected] shall i do.pl advise


  10. stalin Says:
    August 31st, 2010
    Posted at: 8:39 am

    ok buddy...so how abt EIH ltd..can i enter it for a weeks time...and how abt jswsteel and hindzinc...


  11. CB Says:
    August 31st, 2010
    Posted at: 8:39 am

    Hi arun bj, they are looking a bit weak but don't go short on a gap down opening. wait for some rise

    Hi radhika, hold tata motors with sl at 980. sbi is a hold. good support at 2780


  12. lilly Says:
    August 31st, 2010
    Posted at: 8:39 am

    Is Reliance a buy???
    Any intraday calls for today???


  13. CB Says:
    August 31st, 2010
    Posted at: 8:40 am

    Hi stalin, its likely to open on circuit.don't enter at opening. others are a hold

    Hi lilly, reliance can be bought above 960. no new buy calls yet.


  14. LEO Says:
    August 31st, 2010
    Posted at: 8:40 am

    Hi CB,

    Hope falling Month continues till Sep Expiry ........

    very Badly Took Long position ... What level we can exit from our Longs or Hold till Expiry .....


  15. CB Says:
    August 31st, 2010
    Posted at: 8:41 am

    Hi LEO, strong support near 5350. likely to hold onto it. lets see.


  16. Gauri Says:
    August 31st, 2010
    Posted at: 8:43 am

    Hi CB,

    Holding Infy @ 2728 and RIL @ 1012 .

    Pl. suggest best price to exit them :(

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