Intraday calls for 31-08-10

Quotes with Resistance & Support

Market Information

Intraday calls for 31-08-10

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

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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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shiva Says:
August 31st, 2010
Posted at: 3:23 pm
why this move from 5350 to 5400??? technical bounce?
Kartik Says:
August 31st, 2010
Posted at: 3:23 pm
Hi shiva, yes, seems so
shiva Says:
August 31st, 2010
Posted at: 3:24 pm
UBL possible target??? its running up and up from last 2 months
Nascar Says:
August 31st, 2010
Posted at: 3:24 pm
Hi Kartik!!!

Can I short Nifty with a SL @5040..
Please suggest ...
Kartik Says:
August 31st, 2010
Posted at: 3:24 pm
Hi Vivek Shah, exit 50% of RIL at CMP, it looks weak, the rest can do well in the Short/Mid run
Kartik Says:
August 31st, 2010
Posted at: 3:25 pm
Hi shiva, around 410
Hi Nascar, dont go short yet
Gauri Says:
August 31st, 2010
Posted at: 3:26 pm
Hi Kartik,
Thanks a lot what about RIL I m not able to decide to hold or exit i m holding RIL @ 1012 n CMP below 920, pl. advice what to do?
Kartik Says:
August 31st, 2010
Posted at: 3:27 pm
Hi Gauri, it would be better to exit 50% from it and hold the rest for Short term
shiva Says:
August 31st, 2010
Posted at: 3:27 pm
karti, RIL looks weak but its way to underpriced at 900...do u think one can buy RIL with target of 1200-1300 in 6 months?
Kartik Says:
August 31st, 2010
Posted at: 3:29 pm
Hi shiva, it seems to be a downtrend, can be a risky bet, wait for some time
Gauri Says:
August 31st, 2010
Posted at: 3:31 pm
Hi Kartik,
OK CB will Exit tommorow from RIL
LEARNER Says:
August 31st, 2010
Posted at: 3:31 pm
HI kartik sir
what levels HPCL can see this week
Kartik Says:
August 31st, 2010
Posted at: 3:32 pm
Hi LEARNER, around 535-540 if Markets show some upmove
Hi Gauri, ok
manoj Says:
August 31st, 2010
Posted at: 3:33 pm
HI KARTIK,
I booked profit on UNITECH but I hold suzlon @46.50.Will it see tomoroow some movement ,please give target for tomorrow
Gauri Says:
August 31st, 2010
Posted at: 3:33 pm
Hi Kartik,
OK KArtik Thanks a lot !!! will Exit tommorow from RIL
Pr@$@nth Says:
August 31st, 2010
Posted at: 3:34 pm
Can we see up r down tommarow...?
fii buy occured today in market closing