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Intraday calls for 03-12-09

Posted on: December 3rd, 2009 at 9:19 am

Buy Amtek Auto at 195.85, target: 203. Stoploss: 191.50

If markets show weakness later during the day, sell: SBI

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508 Responses

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  1. Kartik Says:
    December 3rd, 2009
    Posted at: 8:49 pm

    Hi ketan, yes, it facing some resistance at 150 levels, above this it could do well


  2. ramesh Says:
    December 3rd, 2009
    Posted at: 8:49 pm

    cb,

    can u confirm morning star pattern on rcom monthly ? so are we headed to 230-240 by dec end??


  3. Kartik Says:
    December 3rd, 2009
    Posted at: 8:49 pm

    Hi jazz, hold them for Mid term, 10-12 months time and avg them on dips, Hold Suzlon too for Short term


  4. Shirish Sadanand Says:
    December 3rd, 2009
    Posted at: 8:51 pm

    Thanks for reply
    I also have 200 Tata Tea @ 442 and
    2000 Tata Chem @ very low price - holdong for 15 years now
    What to do


  5. ketan Says:
    December 3rd, 2009
    Posted at: 8:51 pm

    can u pls tell approx time required to hold?? can i add any of these 3 on dips??


  6. Kartik Says:
    December 3rd, 2009
    Posted at: 8:52 pm

    Hi ramesh, not really, Its is a three-candlestick formation that signals a major bottom. It is composed of a first long black body, a second small real body, white or black, gaping lower to form a star. In case of Rcom, they almost tend to be same blocks


  7. shiva Says:
    December 3rd, 2009
    Posted at: 8:52 pm

    hi kartik,

    why prime focus seeing selling pressure even if its a call of tripple top???is it better to exit on NPNL ??


  8. Kartik Says:
    December 3rd, 2009
    Posted at: 8:53 pm

    Hi Shirish Sadanand, hold tata chemicals for some more years, it can add more returns

    Hi ketan, around 2-3 months time, dont add more of them as of now


  9. Kartik Says:
    December 3rd, 2009
    Posted at: 8:54 pm

    Hi shiva, it facing some resistance at 225 levels, hold it for some more time, it can do well


  10. shiva Says:
    December 3rd, 2009
    Posted at: 8:55 pm

    any strict stoploss to be followed???


  11. Kartik Says:
    December 3rd, 2009
    Posted at: 8:56 pm

    Hi shiva, no, they usually tend to give a breakout soon


  12. suresh Says:
    December 3rd, 2009
    Posted at: 8:56 pm

    hi CB \Karthik i have 3 lots of 5000 PE @ 105 ,can i hold or book loss tomoroow , can we c nifty going below tomoroow as U.S and europe r slightly following red


  13. ramesh Says:
    December 3rd, 2009
    Posted at: 8:57 pm

    nahi yaar karthik,

    ap chek kijiye, for oct , nov & dec 09 ( only 3 days old candle ) does the dec 09 candle have the potential to grow to the middle of the oct candle ( 324 - 173 ) ??


  14. Kartik Says:
    December 3rd, 2009
    Posted at: 9:04 pm

    Hi suresh, hold them for some more days, U.S too seems to be slipping into red

    Hi ramesh, its mostly used as on day basis. December has just started. It would be valid if December was over, so that we could get an exact view of the December candle. Markets are likely to see some downside in the coming days, Rcom is more of a market mover and may see some downside in the coming days


  15. Suresh Says:
    December 3rd, 2009
    Posted at: 9:06 pm

    Thanks a lot Karthik


  16. abhi Says:
    December 3rd, 2009
    Posted at: 9:16 pm

    Sir can u plz tell target of sita shree and suzlon for 6 months?

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