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Intraday calls for 03-05-10

Posted on: May 3rd, 2010 at 8:20 am

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5320.

If markets show recovery later during the day, buy: Ashok Leyland Ltd and HCL Technologies Ltd

3.06pm – btst – buy srf at 224.30, target: 231. Stoploss: 219 – trade in small quantities.

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615 Responses

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  1. MANOJ Says:
    May 3rd, 2010
    Posted at: 10:50 pm

    hi kartik,
    I have Indian hotel@113,Geship@336,Punjlltod @165.What will be target for tomorrow on each script.please advice me sir


  2. Gitanjali Says:
    May 3rd, 2010
    Posted at: 10:56 pm

    Hi Kartik, Thanks ...If the results of Moser are bad ... does it suggest that we can short pl?


  3. umar Says:
    May 3rd, 2010
    Posted at: 10:59 pm

    Can I buy ashok leyland at current levels, what could be the target in 2-3 months


  4. Gitanjali Says:
    May 3rd, 2010
    Posted at: 11:01 pm

    Hi Kb, Hi .How have u been ..? OK ..I shall not enter midcaps yet....As to how things have been -- today's was a flat trade in ekc ... thankfully no loss...!! Thanks ...Have a good day tomorrow.


  5. Kartik Says:
    May 3rd, 2010
    Posted at: 11:04 pm

    Hi Kb, :)

    Hi umar, you may enter it for weeks time, it can see 65

    Hi MANOJ, Indian hotel can see around 110, GE shipping around 332 and Punj around 168, try holding it for another 2-3 days time, they shall see some upmove

    Hi Gitanjali, markets are likely to open strong tomorrow, it too shall see some upmove tomorrow, since its more of a market mover, but might trade flat


  6. pankaj Says:
    May 3rd, 2010
    Posted at: 11:14 pm

    hi cb / kartik, m holdin 5300 call may expiry @ 116/-. do u think i will get my purchase price?? or u advice me to exit on rise, if yes at what level?? thanx a lot.


  7. Sri Says:
    May 3rd, 2010
    Posted at: 11:21 pm

    Pls Reply to my query


  8. ARUN BJ Says:
    May 3rd, 2010
    Posted at: 11:27 pm

    hi kartik what price can i enter abb i can hold 1 month time....


  9. Kartik Says:
    May 3rd, 2010
    Posted at: 11:31 pm

    Hi Sri, Indiabulls Finance can see 162 tomorrow,

    Hi ARUN BJ, enter it around 720

    Hi pankaj, since markets are likely to open gapup tomorrow, it would be better to hold it with a traling SL at 5250 on Nifty and hold it


  10. Sri Says:
    May 3rd, 2010
    Posted at: 11:33 pm

    Thanks Kartik

    I am planning to buy cals refieneries for long term, many say its run by operators but when it come to the board of directors they are very good people in that grid, so waht should i do. Please suggest


  11. Kartik Says:
    May 3rd, 2010
    Posted at: 11:45 pm

    Hi Sri, the fundamentals of the company dont seem to be good, they have been posting losses for the past few years, dont enter it for Long term yet


  12. MD Says:
    May 3rd, 2010
    Posted at: 11:45 pm

    HI KARTHIK

    CAN I ENTER HDIL IN FUTURES ? PL ADVICE LEVEL OF ENTRY & TARGET?


  13. SB Says:
    May 3rd, 2010
    Posted at: 11:49 pm

    willmkt open + or -


  14. SB Says:
    May 3rd, 2010
    Posted at: 11:51 pm

    what is the target of ib real tomorow


  15. Kartik Says:
    May 3rd, 2010
    Posted at: 11:53 pm

    Hi MD, dont enter it yet, it seems to be a downward trend

    Hi SB, Markets are likely to open positive, IB real can see 178-180 levels tomorrow


  16. MD Says:
    May 3rd, 2010
    Posted at: 11:58 pm

    hi karthik

    what should be the exit level for IFCI & JSW energy?

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