Intraday calls for 02-07-10 Daytrading Mid Market tips

Quotes with Resistance & Support

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Intraday calls for 02-07-10

Posted on: July 2nd, 2010 at 8:25 am

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Markets are likely to trade flat today, strong support at 5180

Buy Ranbaxy Laboratories at 460, Target: 468, SL 453

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722 Responses

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arun bj Says:
July 2nd, 2010
Posted at: 9:41 pm
hi a4amit i feel ll open slightly lower .. nifty (around 15 to 20 points ) we can see nifty around 5180 .... hi do you know where can i see buy back offers ...?
SunilRao Says:
July 2nd, 2010
Posted at: 9:53 pm
Hi a4amit2, Technically DJ is very weak. It wouldn't surprise me even if it closes 130-150 points lower.
Kartik Says:
July 2nd, 2010
Posted at: 10:10 pm
Hi arun bj, no, not yet
Hi Kelly, yes, i have marked your id. so should not put it in the spam folder going forward.. Good night..
Hi ramsingh, dont enter it yet. wait for 60-62
Hi suzane, fundamentally its a good company. hold it for short term. will bounce back
Hi a4amit2, yes, not sure of market reaction yet
Hi munish, not really sure why its acting this way
Hi JIGS, hold them for now. fundamentally they are good. will recover
Trader Says:
July 2nd, 2010
Posted at: 10:19 pm
hi kartik.
i have shorts at 5260, where shall i cover them..
can we see 5050, in case global mkts continue to slide
thanks
arun bj Says:
July 2nd, 2010
Posted at: 10:32 pm
hi kartik .....can you send me the technical books to my mail id
Kartik Says:
July 2nd, 2010
Posted at: 10:35 pm
Hi Trader, yes, for now continue to hold onto them. can see lower levels.
Hi arun bj, sure.
Anil Says:
July 2nd, 2010
Posted at: 10:37 pm
Hi Kartik,
How is IDEA looking? Holding 2 lots of 60 CA @ 2.10. Though Nifty was flat today it was down more than 2%. Can I get my price back or exit at CMP of 1.50??
Kartik Says:
July 2nd, 2010
Posted at: 10:39 pm
Hi Anil, Telecom stocks are going well. for now hold onto it. can test 60 again
sadeesh Says:
July 2nd, 2010
Posted at: 10:45 pm
Hi,
I bought 500 shares of FCS. its being in the range of 3.50 to 4.25 for a month.
is it worth being invested in this share? i had bought @ 3.85
ons Says:
July 2nd, 2010
Posted at: 10:57 pm
Kartik, I have fut stocks of Ranbaxy, FSL, Moser Baer and Ruchi Soya. Thought they will do good. But, now dow is in bad shape. Our markets will surely be down now. Any hope for recovery in these stocks?
Anil Says:
July 2nd, 2010
Posted at: 10:59 pm
Hi Kartik, Thanks. Hope I can get back my price next week..
Vishal Says:
July 2nd, 2010
Posted at: 11:01 pm
hi karthik.. I still hold icici short? Can we see more dwnside on monday?
SunilRao Says:
July 2nd, 2010
Posted at: 11:13 pm
Hi Vishal, Most likely to see more downside on monday, would advice to book profits in it around 5130-5150 levels of Nifty.
Kartik Says:
July 2nd, 2010
Posted at: 11:16 pm
Hi sadeesh, yes, fundamentally its a good script. hold onto it
Hi ons, ranbaxy may move against the market trend as its a defensive stock. hold onto others too. once markets settle, will do well
Hi Anil, yes. hold it
Hi Vishal, yes, hold it. can see 830
a4amit2 Says:
July 2nd, 2010
Posted at: 11:22 pm
thanx to kartik/sunil rao and arun for their valuable information and suggestions.
arun bj Says:
July 2nd, 2010
Posted at: 11:23 pm
hi kartik yesterday i bought idfc ... at183 ... it fell down 179 .... ll it move further in coming days ...? what price can i exit