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Intraday calls for 02-12-10

Posted on: December 2nd, 2010 at 8:31 am

Markets likely to open gap up, next resistance at 6080

Buy Glenmark Pharma at 363, Target: 368-370, SL 358 – (Book profits around 375)

12.00pm – buy sesa goa 300 put at 12.80 target: 16. Stoploss: 308-309 – (continue to hold till tomorrow)

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616 Responses

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  1. manas Says:
    December 2nd, 2010
    Posted at: 10:47 pm

    Hello sir,
    Good evening.
    Pls give me the highest level JSWSTEEL can see in tommorrows trading session and SL to be maintained in case market goes down.
    Levels for RANBAXY and century textile (Dec Fut) pls.
    Regards


  2. manas Says:
    December 2nd, 2010
    Posted at: 10:50 pm

    Sir,
    Levels High & low for ARSS , BFUTILITY & TRENT in tommorrows trade.Levels for next week also.


  3. animesh Says:
    December 2nd, 2010
    Posted at: 11:03 pm

    Hi Kartik/Cb,

    wat will be the target fr Naga fert call fr 2mrw...purchased 37.50 call @.75..

    please advise..

    regds


  4. Kartik Says:
    December 2nd, 2010
    Posted at: 11:03 pm

    Hi suzane, dont add more of it, it looks weak as of now, wait for some positive announcement on the stock

    Hi manas, JSWSTEEL can see 1210 if Markets show some recover, RANBAXY can seee 610, not sure of Century Text, ARSS , BFUTILITY & TRENT can add 1-2% tomorrow

    Hi krishh, it seems to trade expensive at CMP wait for a dip in it


  5. manas Says:
    December 2nd, 2010
    Posted at: 11:12 pm

    Thank you i got my reply.
    Can you advise a script & its level for tomorrows trade.


  6. rahul Says:
    December 2nd, 2010
    Posted at: 11:16 pm

    is it good time to enter into TINPLATe ?


  7. bj arun Says:
    December 2nd, 2010
    Posted at: 11:19 pm

    hi kartik can you clarify this when the stocks cmp is below the 50 days and .. 150 day dma it shows stock is turns the down trend right ..... ... can you check and tell me .. the chart of divis labb and britannia ..... i stuck withh higher level 720 and 445 ... every two months its creating new lows .. can i exit


  8. manas Says:
    December 2nd, 2010
    Posted at: 11:22 pm

    Dear Sir,
    Levels in wockhard & glenmark for tommorrow.


  9. Kartik Says:
    December 2nd, 2010
    Posted at: 11:42 pm

    Hi manas, Glenmark can see 378, Wockhard might trade flat, Intraday calls are posted daily around 8:30 am at http://nseguide.com/category/intraday-calls-tips/

    Hi rahul, no, dont enter it yet, wait for some time

    Hi bj arun, its when the stock closes below its 50, 150 DMA, continue to hold Britania and Divis for Short term, they are good bets fundamentally


  10. bj arun Says:
    December 2nd, 2010
    Posted at: 11:52 pm

    hi kartikk dont mistake me asking this question .. mmtc .also .. in very good company ... it 50 dma 1274 .. 150 dma is 1409 .. 4 months back . i thought its very good company at that time. bought at 1380 .after that it start .. towards down treand ... still going ... cmp 1120 .... there is .. capital loss only in my case .... how can i avoid this kind of stock.........


  11. CB Says:
    December 3rd, 2010
    Posted at: 1:01 am

    Hi bj arun, yes. after split has turned weak. do not enter stocks after split. they tend to see selling pressure/profit booking


  12. bj arun Says:
    December 3rd, 2010
    Posted at: 1:15 am

    hi cb thanks for your kindly reply this time ...


  13. CB Says:
    December 3rd, 2010
    Posted at: 1:36 am

    Hi bj arun, most welcome..


  14. Tejas Says:
    December 3rd, 2010
    Posted at: 2:16 am

    Hi CB, Sir Europe and American markets are up near by 3 to 3.5 percent . we can see up move in the our markets also tomorrow. I think 5960 is the support for nifty and resistance at 6100 .Am i right sir ??


  15. Tejas Says:
    December 3rd, 2010
    Posted at: 2:19 am

    Hi CB, In addition to above nifty can trade between 5960 to 6150 in next week


  16. bj arun Says:
    December 3rd, 2010
    Posted at: 2:30 am

    cb which stock llbenifit from the news

    The oil ministry has allowed state-run firms to raise the state-set gas prices for sectors other than fertilisers and power by up to 10.5%, a government official said on Thursday.
    The government regulates the prices of gas produced by Oil and Natural Gas Crop and Oil India Ltd from blocks awarded to them without competitive bidding.
    From this month, gas prices for customers in sectors like cement, steel and petrochemicals would be USD 5.25/ million British thermal units (mBtu), the source told Retuers on conditions of anonymity.
    The new prices would range from USD 4.20/mBtu-USD 5.25/mBtu compared to the earlier USD 4.20/mBtu-USD 4.75/mBtu, he said, adding, "Industries in North East would continue to pay old price of USD 4.20/mBtu,".
    He said price of about 6-7 million standard cubic metres a day would be raised due to the new oil ministry order.
    Earlier this year, India had more than than doubled the prices of gas sold by state run explorers.

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