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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.

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622 Responses

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  1. abhi Says:
    August 31st, 2010
    Posted at: 3:41 pm

    Hi Sir,

    Plz tell me the target of ib fin for this month should i hold or exit.target to exit


  2. SAI Says:
    August 31st, 2010
    Posted at: 3:42 pm

    HI PRASANTH
    i exited TCS in + only.CB advised me SL @ 835. waited till closing hrs with tension.

    By the way one question how u r change the display image


  3. pankaj Says:
    August 31st, 2010
    Posted at: 3:50 pm

    why was EIH down 7% today ?? m stuck @ 162, pls guide?? thanx.


  4. Kartik Says:
    August 31st, 2010
    Posted at: 3:57 pm

    Hi manoj, if Markets manage to trade strong, it can add 1-2% tomorrow

    Hi Gauri, most welcome

    Hi Pr@$@nth, yes, likely to trade flat tomorrow, more depends on how U.S Markets react today

    Hi SAI, just visit: gravatar.com and upload a image for your email id provided here

    Hi pankaj, Reliance bought EIH Associated Hotels, not EIH Hotel (2 different stocks), hold EIH for Short term its likely to do well

    Hi abhi, it can see 148-150 if Markets show some some upmove, keep a Sl at 135


  5. Pr@$@nth Says:
    August 31st, 2010
    Posted at: 3:58 pm

    Hi SAI, Ok dats gud dude...
    click on the change option where u r entering comments..


  6. Rahul Says:
    August 31st, 2010
    Posted at: 4:07 pm

    Hi Kartik,
    I bought Hotel Leela Fut @52.5...can you tell me your view on this?


  7. rudresh Says:
    August 31st, 2010
    Posted at: 4:29 pm

    hi cb/kartik,

    whats ur view on sterlite..i hold 150 put bought at 4.5(now 5.10)


  8. Subhashis Says:
    August 31st, 2010
    Posted at: 4:48 pm

    HI KARTIK, I want to take Unitech. Is this the right price I should enter or wait till 68-70 level. Becasue the demarger story is there and I believe unitech will do well in next 4-5 months. Can I expect a target of 120 by January'2011 ?


  9. sureshkk83 Says:
    August 31st, 2010
    Posted at: 4:49 pm

    hai kartik
    i am holding rcom sep fut at 168, and sesagoa sep fut at 327 what can i do???????may i wait upto expiry or exit it ?????????


  10. Vijay Says:
    August 31st, 2010
    Posted at: 6:13 pm

    Hi Karthik,

    What is the target for Unitech and Suzlon in a weeks time.


  11. SunilRao Says:
    August 31st, 2010
    Posted at: 6:13 pm

    Good Evening All :)


  12. LEO Says:
    August 31st, 2010
    Posted at: 6:18 pm

    Hi Cb / KArtik ,

    Any reason for our Index reversal today .....today closed above 5400 lvl .. whether We are in Uptrend as of now .....


  13. RK Says:
    August 31st, 2010
    Posted at: 6:24 pm

    Hi CB / Kartik,
    I am short on Nifty and CB had said that markets can see 5350, which it infact did today. Should i have squared off my short ? or can i continue to hold them ( Kindly suggest me the levels also upto which i can hold ) ?


  14. Kartik Says:
    August 31st, 2010
    Posted at: 7:22 pm

    Hi Rahul, hold it for Short term, it can do well

    Hi rudresh, replied in Queries section

    Hi Subhashis, it would be better to wait for another 3-4 days time and wait for the Markets to settle

    Hi RK, hold it with a trailing SL at 5420

    Hi LEO, seems some FII buying in later

    Hi SunilRao, Good evening

    Hi sureshkk83, hold RCOM with a SL at 152 and Sesagoa with a SL at 314, they can add 2-3% if Markets manage to recover

    Hi suzane, they seemed to be reacting to the Markets, if possible, hold them for another 1-2 weeks time, they are likely to do well


  15. arun bj Says:
    August 31st, 2010
    Posted at: 7:27 pm

    hi all good evening

    75 RIL retailers in Gujarat want to exit

    As per the media reports, around 75 retailers of Reliance Industries Ltd (RIL)’s fuel stations in the state of Gujarat have decided to exit the RIL dealership. RIL has 225 operational retail outlets in Gujarat.

    Every dealer gave the company a security deposit between Rs13 lakh and Rs33 lakh, depending on the site. With the dealers exiting, RIL may have to release the deposit.

    Further, media reports are stating that if the company did not revert in the next ten days, the dealers are planning to file a police complaint against Mukesh Ambani.


  16. Ravi Says:
    August 31st, 2010
    Posted at: 7:28 pm

    I am holding reliance for long term, what to do, daily it is going down, can i keep it up for long term, target for long term

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