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Intraday calls for 01-06-10

Posted on: June 1st, 2010 at 8:23 am

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Markets likely to open slightly lower. Support for nifty is at 5020 and resistance at 5110

Buy Vijaya Bank at 58.95, target: 62. Stoploss: 57.20
Buy Lupin at 1860.20, target: 1885. Stoploss: 1842 – (book profits at 1880)

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701 Responses

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Ravi Says:
June 1st, 2010
Posted at: 10:49 pm
Thanks Kartik, But how much target can be expected?????
Akshay Says:
June 1st, 2010
Posted at: 10:50 pm
Hi suzane,How do u doing.can i know at what levels u have bot piramalhealth.
tuff money Says:
June 1st, 2010
Posted at: 10:56 pm
hi kartik. how are you? this volatility would have been far more welcome if i were an experienced and very talented trader. haha... can you see 5080 tomorrow? i want to know when to exit nifty longs? please tell me what my stop loss should be too..
Kartik Says:
June 1st, 2010
Posted at: 11:03 pm
Hi Ravi, its likely to add 10-15% from CMP
Ravi Says:
June 1st, 2010
Posted at: 11:11 pm
Hi Kartik is the market more biased towards negative side or positive side?
Also the negativeness in the market still persists?
svk Says:
June 1st, 2010
Posted at: 11:12 pm
hai cb i have bought sbi for investment wats the ten year target and please suggest any stock for 5year view
svk Says:
June 1st, 2010
Posted at: 11:15 pm
hai cb can i enter jm financial for 1 month wats the target
Kartik Says:
June 1st, 2010
Posted at: 11:18 pm
Hi svk, it can see 8000+ levels in 10 years time, hold it
Hi svk, dont enter it yet, wait for the Markets to settle
Hi Ravi, more on bearish side as of now, we are likely to consolidate around 5050 for some time and then make a move upwards
Bingo Says:
June 1st, 2010
Posted at: 11:22 pm
where do u see city union bank tomorrow...holding at 34.50.....do i continue holding or book out tomorrow
Ravi Says:
June 1st, 2010
Posted at: 11:22 pm
Ok Thanks Kartik
Sandy Says:
June 1st, 2010
Posted at: 11:27 pm
Hi Karthik.. m holdin Jp Associate @ 128 how much it can see in a month.. also pls advise on some stocks which will move at 5-10% in a month.. thnx.
tuff money Says:
June 1st, 2010
Posted at: 11:30 pm
so should i exit my nifty longs around 5050?
Sabu Says:
June 1st, 2010
Posted at: 11:30 pm
Hi Suzane,
An advise for you.
The market is extremely volatile nowadays.
Try to avoid trading with huge volumes using exposure money.
Else, you will end up in huge loss.
Please note that Europe is sitting on top of a volcano.
A lot of European Countries are on the verge of financial crisis.
Though Indian economy is strong, our market will always react to problems in other parts of the Globe.
cks Says:
June 1st, 2010
Posted at: 11:38 pm
Sure Kartik,Thank You... Good Night.
suresh Says:
June 1st, 2010
Posted at: 11:40 pm
Hi Kartik,
Tomorrow can i go for unitech 70 call ?
Aman Says:
June 1st, 2010
Posted at: 11:47 pm
GN Sir..