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Intraday calls for 03-05-13

Posted on: May 3rd, 2013 at 8:29 am

Markets likely to open flat, support for Nifty at 5950

Buy Atul around 372, target: 380, SL 365

Markets are likely to trade volatile today ahead of the RBI meet

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218 Responses

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  1. Kartik Says:
    May 3rd, 2013
    Posted at: 8:50 am

    Hi S. Sarkar, Markets can be volatile after opening, would be better to try to exit on dips arond opening

    Hi Subin, most welcome


  2. cvrprakash Says:
    May 3rd, 2013
    Posted at: 8:51 am

    Dear Kartik,

    Thanks for the suggestion on TCS.
    I am holding few in cash, seems it have given a breakout yesterday.
    What SL I can have to continue the gains in this
    Thanks.


  3. bharath Says:
    May 3rd, 2013
    Posted at: 8:51 am

    karthik sir,....kindly suggest on IDEA, ITC, TATA GLOBAL for intraday with target and SL.


  4. raja Says:
    May 3rd, 2013
    Posted at: 8:54 am

    Kartik sir, GM, I am holding IFCI 32.5 CE and BHARTI AIRTEL 310 PE. PLS advice me regarding sir


  5. Kartik Says:
    May 3rd, 2013
    Posted at: 8:56 am

    Hi bharath, avoid them for today

    Hi raja, hold Bharti with a SL at 320 and IFCI with a SL at 30 (cash), hold them for few more days

    Hi cvrprakash, keep a Sl around 1415


  6. Gk jivani Says:
    May 3rd, 2013
    Posted at: 8:58 am

    Hi kartiksar today nifty level


  7. van Says:
    May 3rd, 2013
    Posted at: 8:59 am

    goodmorning kartik, whats the target of YES BANK for today and for the next week?


  8. Karan Sharma Says:
    May 3rd, 2013
    Posted at: 9:02 am

    Hi Kartik,

    Can i sell Chambal Fertilizers (Futures) @ CMP?


  9. Kartik Says:
    May 3rd, 2013
    Posted at: 9:06 am

    Hi Vishal, avoid Sun as mentioned yesterday, hold Rcom with a trailing SL at 110 (cash) for some more time, avoid entring random bets in F&O

    Hi Karan Sharma, Yes, below 52 it looks weak, can be shorted for a couple of days

    Hi van, GM, lets wait to see the outcome of the RBI meet today

    Hi Gk jivani, more depends on the outcome of the RBI meet today


  10. Jitender Says:
    May 3rd, 2013
    Posted at: 9:08 am

    GM Sir, Plz suggest for IVRCL holding 100 @ 21.5


  11. Rajesh Says:
    May 3rd, 2013
    Posted at: 9:08 am

    Hi Kartik, I had short Bank Nifty at 12674. Kindly suggest the level ahead of Credit Policy. Please suggest Stop loss also.

    Regards,
    Rajesh


  12. SS Says:
    May 3rd, 2013
    Posted at: 9:09 am

    Hi Kartik, GM

    Im short on Bharti, pls suggest


  13. Kartik Says:
    May 3rd, 2013
    Posted at: 9:11 am

    Hi SS, GM, hold it with a SL at 320 for some more time

    Hi Rajesh, keep a SL at 12800, can be quite volatile today

    Hi Jitender, hold it with a SL at 19.5 it looks weak overall


  14. Kartik Says:
    May 3rd, 2013
    Posted at: 9:12 am

    Hi Vishal, try to exit it on rise today, it looks overbought, avoid FRL


  15. Rajesh Says:
    May 3rd, 2013
    Posted at: 9:12 am

    Hi Kartik, What will be the target for Bank Nifty at down side.


  16. vishal Says:
    May 3rd, 2013
    Posted at: 9:12 am

    long in infosys@2216, levels for short term.

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