Intraday calls for 02-01-12
Happy New year!
Markets likely to open flat. Nifty has support at 4530 and resistance at 4700.
Sell Bata India below 525, target: 512. Stoploss: 537.
If markets show recovery later during the day, buy ICICI bank with stoploss near 672
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Kartik Says:
January 2nd, 2012
Posted at: 3:25 pm
Hi SAI, exit from CE, hold the PE till tomorrow
CA.Tejas Says:
January 2nd, 2012
Posted at: 3:25 pm
Hi Kartik, Can i buy IDEA 75 PE at cmp of 1.55...
Kartik Says:
January 2nd, 2012
Posted at: 3:26 pm
Hi CA.Tejas, enter if it breaks 82
rahul Says:
January 2nd, 2012
Posted at: 3:26 pm
Will we close above 4650? or a close around 4640 itself can be taken as a positive sign for tomorrow? or is it better to exit all longs right now?
vishal Says:
January 2nd, 2012
Posted at: 3:27 pm
booked profits in jsw steel @544
Kartik Says:
January 2nd, 2012
Posted at: 3:28 pm
Hi rahul, seems likely to give a close below 4650, to be on the safer side book in a few longs today
SAI Says:
January 2nd, 2012
Posted at: 3:29 pm
Hi Kartik ya exited thanks for the timely advise.
rahul Says:
January 2nd, 2012
Posted at: 3:29 pm
Hi vishal,
how come? day high is 541.8 just now....
Kartik Says:
January 2nd, 2012
Posted at: 3:29 pm
Hi SAI, most welcome
raja Says:
January 2nd, 2012
Posted at: 3:31 pm
KB sir, Thank u for your suggestion. what level we can expect tomorrow nifty? Is it sure that IFCI can reach 20.50 levels ?
rahul Says:
January 2nd, 2012
Posted at: 3:31 pm
Kartik sir thanku....seems like a reasonable good closing to expect a gap up open tomorrow...
tc...have a good day...
vishal Says:
January 2nd, 2012
Posted at: 3:33 pm
i am talking about futures jsw steel, it crossed 545 too.
Abdullah Says:
January 2nd, 2012
Posted at: 3:33 pm
Hi Kartik, Good afternoon :)
Hi DJ, Boom :)
vishal Says:
January 2nd, 2012
Posted at: 3:34 pm
clsa was a big buyer in jsw steel today and clsa shorted bajaj auto today.
rahul Says:
January 2nd, 2012
Posted at: 3:34 pm
Hi vishal,
oh...ok....sorry.........
Kartik Says:
January 2nd, 2012
Posted at: 3:34 pm
Hi raja, hold it for a few days, 2-3 days, it looks weak overall, can see 20 levels
Hi rahul, most welcome
Hi vishal, nice to know that
Hi Abdullah, GA