Intraday calls for 07-06-13
Markets likely to open lower, support for Nifty at 5870
Buy Havells India around 710, target: 723, SL 702 – (Book profit in Havells at 732. Apollo hospitals is a hold)
Note: I am traveling and wont be able to reply until 5pm
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PK Says:
June 7th, 2013
Posted at: 2:53 pm
Market has to come down, b coz of dollar moving up.... now its at 57.05
airbites Says:
June 7th, 2013
Posted at: 3:13 pm
Mentioned on Wednesday tht market would be extremely volatile on both sides, due to ECB and U.S Data.. and tht's exactly have happened.... An excellent day for traders :)
Raghu Says:
June 7th, 2013
Posted at: 3:14 pm
Hi CB sir is it good time to buy calls of sun pharma
PK Says:
June 7th, 2013
Posted at: 3:16 pm
Hi airbites, yes correct and c the dollar rate, its keeps on increasing only today, dont knw till eve it will touch 57.10 - 57.12
airbites Says:
June 7th, 2013
Posted at: 3:24 pm
Hi PK,
Yes rupee at 1year low... but the fall in market & currency is merely due to upcoming data from U.S... If fed says stimulus wont be reduced and will remain constant market and currency both will take a sharp U-turn.... Incase if its negative, be prepared for 5700...
Monday will dictate direction for our markets for the entire series...
PK Says:
June 7th, 2013
Posted at: 3:32 pm
Hi airbites, yes, that is y in this volatile market best to wait and watch... if we are sure then only to enter or else simply it will be lost... and that is y i given suggestion best to wait till monday, now this sudden fall in nifty was not expected... but any ways its a market...money is hard to build..
Thanks for support...
Happy Weekend and happy monsoon to all
sun Says:
June 7th, 2013
Posted at: 5:33 pm
Hi airbites, 5700-5600 target for nifty if rupee falls to 58.5*59.
sun Says:
June 7th, 2013
Posted at: 5:36 pm
Hi Raghu, sunpharma to test 950. buy calls at this point and wait for dip
Kartik Says:
June 7th, 2013
Posted at: 6:55 pm
sorry guys, just came back
Hi Raghu, Yes, above 160 looks strong, enter with a SL at 154 (cash) for a couple of days
SaiPalanivel Says:
June 7th, 2013
Posted at: 9:05 pm
HI KARTIK SIR,GE.US MARKETS TODAY CLOSED?
Ankit Chanda Says:
June 7th, 2013
Posted at: 9:18 pm
HELLO SIR....GOOD EVENING.... CAN U PLEASE TELL ME WHAT WILL BE THE TREND OF NIFTY FOR THIS COMING WEEK....IS THE "US JOBS DATA" GOING TO HAVE ANY EFFECT ON NIFTY??? IF YES THEN HOW....
Kartik Says:
June 7th, 2013
Posted at: 10:29 pm
Hi SaiPalanivel, GE, seems to be open http://finance.yahoo.com/
Hi Ankit Chanda, Global ques seemed to have recovered after the news, seems may not have a major impact here
YOGI Says:
June 7th, 2013
Posted at: 11:05 pm
Hi Kartik and friends goodevening,
Kartik Says:
June 8th, 2013
Posted at: 12:55 am
Hi YOGI, GE
aniky Says:
June 8th, 2013
Posted at: 9:16 am
Hi Karthik Sir ,
Our positional view on escort?any possiblity of crossing 76++ in coming days?
azhar Says:
June 8th, 2013
Posted at: 9:53 am
Hi Kartik, sir bought jmf @ 30.80....how do u see it till Friday