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Intraday calls for 03-01-13

Posted on: January 3rd, 2013 at 8:18 am

Markets likely to open flat, resistance for Nifty at 6020

Buy Tata Global around 167, target: 172.5, SL 163 – (If possible conitnue to hold for 1-2 days)
Buy Reliance Industries above 852 (resistance), target: 865. Stoploss: 840. – (Book profit in Ril at 862)

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369 Responses

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  1. pankaj Says:
    January 3rd, 2013
    Posted at: 10:06 pm

    by broker tell me nifty can't stay more on 6050 in cash if some selling presure are coming that level


  2. cvrprakash Says:
    January 3rd, 2013
    Posted at: 10:08 pm

    Hi Kartik,

    Expecting RBI may cut rate this month which will trigger up move in banking stocks.
    Which bank stocks you recommend on this basis. Please give me 1-2 stocks to accumulate for this event.
    Thanks.


  3. Kartik Says:
    January 3rd, 2013
    Posted at: 10:16 pm

    Hi pankaj, since to you have a FEB Pe, if Markets continue to trade strong ahead, the decay factor shall come in and it shall continue to reduce in price

    Hi cvrprakash, most of them have already gone up, Dena bank looks storng overall


  4. abh Says:
    January 3rd, 2013
    Posted at: 10:17 pm

    sir can i enter into jet airways


  5. Kartik Says:
    January 3rd, 2013
    Posted at: 10:18 pm

    Hi abh, it looks overbought, would be better to avoid it


  6. suresh Says:
    January 3rd, 2013
    Posted at: 10:25 pm

    hi kartik/cb. can i enter into balrampur chini mills at cmp?


  7. amit Says:
    January 3rd, 2013
    Posted at: 10:26 pm

    Hi Kartik, what will be the target?


  8. Aman Says:
    January 3rd, 2013
    Posted at: 10:27 pm

    Hi Kartik..
    Pls suggest me abt 512529, 20 Microns in short term..


  9. Kartik Says:
    January 3rd, 2013
    Posted at: 11:43 pm

    Hi suresh, enter above 53 (resitance)

    Hi amit, 155 in 2-3 days

    Hi Aman, both of them have already rallied quite a lot in the past few months and are likely to see some profit booking ahead


  10. cerulean Says:
    January 3rd, 2013
    Posted at: 11:56 pm

    Hi Kartik, Not entered any trade today.
    Good night to everybody .Tc.


  11. airbites Says:
    January 3rd, 2013
    Posted at: 11:56 pm

    Hi Kartik,

    When is the RBI announcement in this month ?


  12. CB Says:
    January 4th, 2013
    Posted at: 1:38 am

    Hi cerulean, Good night..

    Hi airbites, no, not sure yet.


  13. SS Says:
    January 4th, 2013
    Posted at: 7:37 am

    Hi CB, Holding DLF fut shorts 10 lots @ 239, some bad news came yesterday, can i expect 230 today?


  14. Palash Says:
    January 4th, 2013
    Posted at: 8:05 am

    good morning sir, nifty has RSI overbought, SO WHAT IS UR ADVICE ?


  15. ASHOK Says:
    January 4th, 2013
    Posted at: 1:12 pm

    HELLO SIR CB SIR ANY SUGGESTION FOR BHEL & JP ASSOCIATE

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