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Intraday calls for 01-02-11

Posted on: February 1st, 2011 at 8:34 am

Markets likely to open flat, resistance at 5550

If Markets shows some weakness later, go short on Dr. Reddy around 1635-1640 for a target of 1615 (book profits at 1620)

1.35pm – buy 5500 call at 98 target: 120. stoploss: 5410 – (continue to hold)

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682 Responses

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  1. Tejas Says:
    February 1st, 2011
    Posted at: 12:25 pm

    Hi Kartik, ok sir thanks, wts ur intraday look for today abt nifty 5600call ?? trading at 53 54


  2. Kartik Says:
    February 1st, 2011
    Posted at: 12:25 pm

    Hi abhi, hold it for long term

    Hi Saumya, most welcome

    Hi MICKY, it looks weak below 50, try to exit on rise today


  3. Kartik Says:
    February 1st, 2011
    Posted at: 12:26 pm

    Hi Tejas, Markets can give a small bounce from current levels, hold it for some time


  4. MICKY Says:
    February 1st, 2011
    Posted at: 12:26 pm

    thnxs dude ..so shld i exit @ cmp or wait for smthime


  5. Kartik Says:
    February 1st, 2011
    Posted at: 12:27 pm

    Hi MICKY, exit around 49


  6. ani Says:
    February 1st, 2011
    Posted at: 12:27 pm

    Hi Geethika,


    i purchased 5200 put @29 and 5800 call @27..

    please advise the time line to sell the both..


    regds


  7. Tejas Says:
    February 1st, 2011
    Posted at: 12:27 pm

    Hi Kartik, ok sir i will follow ur instruction .. at wat price i should sell nifty 5600 call??


  8. MICKY Says:
    February 1st, 2011
    Posted at: 12:27 pm

    Kartik markets paused as u said ..so now wat after this recovery or dip


  9. kumar Says:
    February 1st, 2011
    Posted at: 12:28 pm

    hi cb buying itc at 158 2 lots pls suggest exit or hold onlu intraday


  10. sourabh Says:
    February 1st, 2011
    Posted at: 12:28 pm

    Thanks Kartik


  11. thangavel Says:
    February 1st, 2011
    Posted at: 12:28 pm

    hi KARTIK, can i short axis cmp?


  12. vishnu Says:
    February 1st, 2011
    Posted at: 12:28 pm

    Kartik any call for today


  13. Geethika Says:
    February 1st, 2011
    Posted at: 12:29 pm

    Hi Saumya, welcome
    Hi MICKY, may pull back up to 47,exit
    Hi askimaski toss, Hi Kartik, good after noon


  14. askimaski toss Says:
    February 1st, 2011
    Posted at: 12:30 pm

    BSE
    LIVE
    18,102.72

    -225.04 (-1.23%)
    NSE
    LIVE
    5,436.25

    -69.65 (-1.27%)
    F & O
    LIVE NIFTY FUT
    5,454.35

    -69.20 (-1.25%)


  15. vishnu Says:
    February 1st, 2011
    Posted at: 12:30 pm

    Trgt for RINFRA for intraday with SL plsssss


  16. Kartik Says:
    February 1st, 2011
    Posted at: 12:30 pm

    Hi vishnu, no

    Hi thangavel, it seems to trade strong today, dont go short yet

    Hi sourabh, most welcome

    Hi kumar, try to exit on rise today

    Hi ani, book profits in PUT if we cross 5450 on Nifty, keep the call with a SL at 5400 on Nifty

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