Quotes with Resistance & Support
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Intraday calls for 31-08-12

Posted on: August 31st, 2012 at 8:33 am

Markets likely to open flat. Resistance for nifty is at 5350

Buy Bank of Baroda at 632-636, target: 650. Stoploss: 622 – (Continue to hold BOB as btst. its near strong support levels and can see a bounce from here.)

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705 Responses

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  1. raja Says:
    August 31st, 2012
    Posted at: 10:30 am

    Cb sir, GM, What about TCS 1350 CE? Is it ok to enter? Target for this sir, Yesterday it jumped to 20 - 30 rs suddenly in the afternoon. Pls advice me sir


  2. Akash Says:
    August 31st, 2012
    Posted at: 10:30 am

    Hi Kb Trader, GM. Hi CB, Can we buy 5600 CE now Or market may go further down?


  3. SAI Says:
    August 31st, 2012
    Posted at: 10:31 am

    Hi CB, OK WILL WAIT. THANKS. AT WHAT TIME GDP WILL BE OUT


  4. gangadhar Says:
    August 31st, 2012
    Posted at: 10:31 am

    good ambujacem 210 offer sell @ 1.35


  5. Sandip Says:
    August 31st, 2012
    Posted at: 10:31 am

    Hi CB,

    Also I am holding Bank of Baroda at cmp 632.85..


  6. Robotguy Says:
    August 31st, 2012
    Posted at: 10:31 am

    Hi SAI, Even though SBI is surely a good scrip, would advice you to go with any other scrip like yes bank of city union bank or south indian bank, because the upside in these highly priced scrip is very unlikely i.e. SBIN going from 1800 to 3600 is less but chances of yes bank or indusind bank etc getting doubled is more, this is just my opinon but u can go with your own decision


  7. akshay Says:
    August 31st, 2012
    Posted at: 10:31 am

    Hi CB
    I have Cairn (@340.90). should i wait for some profit or sell it??


  8. Kb Trader Says:
    August 31st, 2012
    Posted at: 10:32 am

    Hi CB, hmm ..


  9. CB Says:
    August 31st, 2012
    Posted at: 10:32 am

    Hi raja, not yet. rallied quite a bit. wait for some dip

    Hi SAI, ok. at 11am

    Hi Sandip, ok. lets hold.


  10. SAI Says:
    August 31st, 2012
    Posted at: 10:32 am

    Hi Kb Trader, LEARNING FROM YOU. PLS REPLY REG. GOLD ETF IN YR BLOG


  11. CB Says:
    August 31st, 2012
    Posted at: 10:32 am

    Hi akshay, its a hold. looks good.


  12. CB Says:
    August 31st, 2012
    Posted at: 10:32 am

    .ill be back in 30 min


  13. Akash Says:
    August 31st, 2012
    Posted at: 10:33 am

    Hi Kb Trader, Hi CB, Hi Robotguy, What happened to Glodyne Tech. It was at 432 on 14-June and since then hitting LC only. Today also locked at LC and now at 67 Rs. Is it a buy at this level? I heard that it is a good company?


  14. Mahesh Says:
    August 31st, 2012
    Posted at: 10:33 am

    Hi CB,

    Where can we check the GDB data Announcement do you have any links?


  15. Robotguy Says:
    August 31st, 2012
    Posted at: 10:33 am

    Hi BDM, What is the stop loss / target they are suggesting ?


  16. Kb Trader Says:
    August 31st, 2012
    Posted at: 10:33 am

    The Gross Domestic Product (GDP) for the first quarter of the current financial year likely grew at 5.2 per cent as against 5.3 per cent in the January-March quarter, suggests an ET Now poll.

    This is a sharp decline from the robust 8 per cent growth in the same quarter of the last financial year. The consensus forecast of the poll ranged from 4.9% to 6%

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