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. ARJUN Says:
    September 2nd, 2012
    Posted at: 1:14 pm

    Hi CB, Sir there have been an event regarding GAAR. A panel made by PM has advised to shift the GAAR by 3 yrs. will it have any impact on market tommorow. Thanks


  2. Kartik Says:
    September 2nd, 2012
    Posted at: 2:21 pm

    Hi ani, not really sure of any stock as of now

    Hi pankaj, below 40 it looks weak, dont enter it yet

    Hi ARJUN, not likely to have a major impact


  3. Abhishek Says:
    September 2nd, 2012
    Posted at: 2:39 pm

    Hi CB,
    Can I go with BOB call to gain 2K for a week or so? Or else PLz suggest some call / put for sept series.


  4. sakthi Says:
    September 2nd, 2012
    Posted at: 2:45 pm

    Hi CB , goodafternoon , my stock with selmcl , can i average now ? i bought @ rs 60 level .


  5. Kartik Says:
    September 2nd, 2012
    Posted at: 3:11 pm

    Hi sakthi, it continues to trade weak, avoid adding more of it yet, wait for some time

    Hi Abhishek, it can be entered with a tight SL at 625


  6. Amar Says:
    September 2nd, 2012
    Posted at: 3:15 pm

    Buy pantaloonretail [email protected] target and sl


  7. pankaj Says:
    September 2nd, 2012
    Posted at: 3:17 pm

    can u suggest me any good stock for short term invest ?


  8. Sohan Says:
    September 2nd, 2012
    Posted at: 5:02 pm

    Hi Kb Trader, Your good morning comment at 4:41 AM. Wow you get up so early ???


    Sohan


  9. Kartik Says:
    September 2nd, 2012
    Posted at: 5:10 pm

    Hi pankaj, United Breweries above 615 looks good for Short term

    Hi Amar, keep a tight SL at 136, can manage to add some gains if markets see some recovery, exit it on rise as it looks weak


  10. pankaj Says:
    September 2nd, 2012
    Posted at: 5:29 pm

    can tell me about gspl on this level what can i do on it


  11. Rohit Says:
    September 2nd, 2012
    Posted at: 5:35 pm

    Hi, can i enter Hero Moto Corp now as it has corrected around 9% in the last 3 days


  12. Kartik Says:
    September 2nd, 2012
    Posted at: 6:23 pm

    Hi pankaj, it faces strong resistance at 80, you may go long on it above 80.50 (on closing basis for 4-5 days)

    Hi Rohit, it looks weak, would be better to avoid it


  13. amit Says:
    September 2nd, 2012
    Posted at: 6:27 pm

    i bougth a lot of DLF t 197 target i want to konw


  14. Kartik Says:
    September 2nd, 2012
    Posted at: 7:24 pm

    Hi amit, book around 199 tomorrow, below 200 it looks weak overall


  15. pankaj Says:
    September 2nd, 2012
    Posted at: 8:16 pm

    wht opening is expected in nifty tomorrow. pls also advice on bharti sept future bot @ 250/- & dlf bot in cash @ 201/-. thanx.


  16. vishal Says:
    September 2nd, 2012
    Posted at: 8:17 pm

    Hi robotguy, sorry for the late reply, i dont visit the sight very frequently, actually all my friends in mumbai and myself take positional calls and we hardly do intraday, they trade in much bigger quantities than i do, they are all bullish about the markets and have long positioins in various stocks, my appetite compared to theirs is smaller :) i like S.R.'s prediction too, because i feel he is pretty accurate with his technicals (dont mean to offend other experts like cb or kartik or you) i feel some small traders are very smart and even though they are not informed about the ups and downs of the market, they manage to make money, i really think high about them compared to people like us who are slightly more informed about the ups and downs of a specific stock.

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