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

    Hi Geethika, GA

    Hi vishnu, avoid it for intraday today


  2. NKs Says:
    February 1st, 2011
    Posted at: 12:31 pm

    Pls. advise on IRB infra bought at 212/- shold i exit or hold? i can hold for one week


  3. CA.Tejas Says:
    February 1st, 2011
    Posted at: 12:32 pm

    Can i buy Kalindee @ CMP...


  4. askimaski toss Says:
    February 1st, 2011
    Posted at: 12:32 pm

    The outlook still remains negative for the market. The strength will start coming in above 5540. Till this level is not crossed, one should avoid long positions.

    BOOK PROFIT AND EXIT ALUMINIUM LONG AT CMP 116.3


  5. MICKY Says:
    February 1st, 2011
    Posted at: 12:32 pm

    Hey thnxs a lot geethika and kartik


  6. Geethika Says:
    February 1st, 2011
    Posted at: 12:33 pm

    BPCL open interest rose by 10.76% to 1461500 from 1319500 quantity, indicating FRESH SHORT build up.


  7. Kartik Says:
    February 1st, 2011
    Posted at: 12:33 pm

    Hi CA.Tejas, can be entered in small quantity till Budget

    Hi MICKY, most welcome

    Hi askimaski toss, thanks for the updates


  8. askimaski toss Says:
    February 1st, 2011
    Posted at: 12:34 pm

    DERIVATIVES DESK )> DLF BULL CALL SPREAD : BUY 230 CE @ 9.8 AND SELL 240 CE @ 5.75 , RISK : REWARD = 1: 2.46


  9. rafi Says:
    February 1st, 2011
    Posted at: 12:36 pm

    hai karthik...what will be the intraday target of reliance industries


  10. askimaski toss Says:
    February 1st, 2011
    Posted at: 12:36 pm

    BOOK PROFIT AND EXIT ALUMINIUM LONG AT CMP 116.3

    BUY COTTON SEED MARCH ABOVE 1215 TGT 1235 STOPLOSS BELOW 1198


  11. anoop Says:
    February 1st, 2011
    Posted at: 12:36 pm

    karthik can i buy south bank


  12. bharat Says:
    February 1st, 2011
    Posted at: 12:37 pm

    hai karthik what is happening in jain irregation why it is going down every day


  13. Kartik Says:
    February 1st, 2011
    Posted at: 12:37 pm

    Hi rafi, it looks weak, dont go long on it yet

    Hi anoop, not yet


  14. Kartik Says:
    February 1st, 2011
    Posted at: 12:38 pm

    I'll be back in 30 mins..


  15. rohan Says:
    February 1st, 2011
    Posted at: 12:38 pm

    Hi Karthik,

    Can i enter Cipla at CMP for 6months?


  16. kiran Says:
    February 1st, 2011
    Posted at: 12:38 pm

    hi karthik ,will market recover today?

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