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Intraday calls for 02-01-12

Posted on: January 2nd, 2012 at 8:25 am

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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318 Responses

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  1. vishal Says:
    January 2nd, 2012
    Posted at: 3:41 pm

    i think u should book at levels close to 550, and cb/ kartik could advise better, i am a hard core day trader.


  2. vishal Says:
    January 2nd, 2012
    Posted at: 3:42 pm

    very rare do i carry positions overnight. thanks.


  3. rahul Says:
    January 2nd, 2012
    Posted at: 3:44 pm

    Hi vishal,

    hey...i am talking of JSW Holding.....not holding JSW!! it is at 388 currently..... and i am holding at a price of 500....550 toh door ki baat hai........hoping to see atleast 450 if market turns really positive in a couple of sessions....


  4. vishal Says:
    January 2nd, 2012
    Posted at: 3:45 pm

    oh! sorry i misunderstood it for jsw steel, sorry i have no idea about jsw holding, i dont track it.


  5. Akash Says:
    January 2nd, 2012
    Posted at: 4:33 pm

    Hi Kartik, Nifty and overall Markets are looking strong and should I buy some CE or it will see 4200 level in 1-2 months? Then should I wait to enter into the market at bigger level


  6. DJ Says:
    January 2nd, 2012
    Posted at: 5:14 pm

    To whom it may concern-Mr Abdullah is being requested to appear in the patna court for meaninglessly closing nifty in green.and avoiding that will force the court to take a harsh decision against him.in case he fails,the court orders him to make sure that nifty closes in red tmrw,so that DJ can square off his short positions.


  7. JK Says:
    January 2nd, 2012
    Posted at: 5:34 pm

    sir
    cb
    kartik
    abdullah
    please give me 2/3 days target in nifty cash.
    with regards
    jk


  8. Kartik Says:
    January 2nd, 2012
    Posted at: 5:36 pm

    Hi rahul, it looks weak overall, try to exit on rise around 392 tomorrow

    Hi Akash, no, wait for some time, below 4650 we continue to look bearish

    Hi DJ, :)

    Hi JK, if we continue to trade below 4650 for 1-2 days, can test lower levels of 4590


  9. Chandan Says:
    January 2nd, 2012
    Posted at: 5:37 pm

    Hi.


  10. JK Says:
    January 2nd, 2012
    Posted at: 5:41 pm

    thank you sir


  11. JK Says:
    January 2nd, 2012
    Posted at: 6:02 pm

    abdullah bhai
    i hoped you enjoy new year function with family
    from 3.33pm indian standard time.
    see you soon
    regards


  12. CB Says:
    January 2nd, 2012
    Posted at: 6:17 pm

    Hi Chandan, Good evening

    Hi JK, most welcome


  13. Sri Says:
    January 2nd, 2012
    Posted at: 6:39 pm

    Hi CB,

    What are the Best Short Stocks for Tomorrow's Trade for 5-10Rs. Profit. at 9:15AM IST???

    How about Bajaj Auto/Lupin or ANY other Stock??

    Thanks in advance!!
    Sri


  14. CB Says:
    January 2nd, 2012
    Posted at: 6:56 pm

    Hi Sri, Don't enter these yet. these are going weak. still looking for some for tomorrow. shall update soon


  15. Rise Says:
    January 2nd, 2012
    Posted at: 7:01 pm

    sir can i enter renuka and kingfisher for 10 days duration....at wat price can i enter them ?....n how will market open tomm ?


  16. Deepak Bedi Says:
    January 2nd, 2012
    Posted at: 7:01 pm

    Hi CB... I'm holding Nifty Jan 4500 PE (2 lots) @ 70... Should I keep holding? If yes for how long? Please advice

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