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Intraday calls for 04-02-10

Posted on: February 4th, 2010 at 8:15 am

Markets likely to open flat.. Resistance for nifty is at 4970

Buy Castrol India Ltd at 645.60 target: 663. Stoploss: 634.

9.54am – buy mindtree at 607 target 618-620.. sl 597 (SL triggered)

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572 Responses

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  1. shiva Says:
    February 4th, 2010
    Posted at: 2:02 pm

    but do you really think markets will see 4600 before 5300??? where do u see nifty at the dec 2010?? Also can u tell be 2 stocks which u think will give best returns if bought at cmp and sold in december?


  2. Kartik Says:
    February 4th, 2010
    Posted at: 2:02 pm

    Hi Raj, yes, most likely


  3. Bapan Says:
    February 4th, 2010
    Posted at: 2:02 pm

    Gati is going down day by day, what 2 do sirji?


  4. dm Says:
    February 4th, 2010
    Posted at: 2:02 pm

    Hi...CB/Kartik,

    Since last 6 months we are holding JPASSOCIATE with avg @ 175.

    Pls advice with upcoming days will it go 180 level...!

    Pls suggest what to do ?


  5. sundeep Says:
    February 4th, 2010
    Posted at: 2:02 pm

    ok. thnx a ton... no option but to wait n hope for mkts to recover fast...


  6. sathya Says:
    February 4th, 2010
    Posted at: 2:05 pm

    Is correction over are not


  7. sudheer Says:
    February 4th, 2010
    Posted at: 2:05 pm

    Hi Karthik, why midcaps are not performing in the pull back rally, will they in the short term? Thanks in advance.


  8. Vijay Says:
    February 4th, 2010
    Posted at: 2:06 pm

    Hi Kartik, i have SAIL @216. now 214. will come up today ?


  9. Raja_SKM Says:
    February 4th, 2010
    Posted at: 2:06 pm

    HI CB/KARTIK

    WHICH ONE WILL BE A GOOD TO BUY

    NTPC OR SAIL


  10. justin Says:
    February 4th, 2010
    Posted at: 2:06 pm

    sir i am short at 1100..should i book my loss at 1190 or wait for further downside in the stock??? please be little elaborative.


  11. ruthwik Says:
    February 4th, 2010
    Posted at: 2:08 pm

    karthik
    much worried abt GMR Infra. holding this at 80lvels. invested 31k. pls suggest. at present 9k loss.


  12. vadi Says:
    February 4th, 2010
    Posted at: 2:12 pm

    Hi Kartik, holding 70 mindtree shares @ 603.7 what to do now... shall i book loss or hold it for tomorrow for recovery???


  13. Kartik Says:
    February 4th, 2010
    Posted at: 2:12 pm

    Hi shiva, yes, most likely in the near term

    Hi Bapan, Midcaps seems to face some downside for the past 4-5 days time, hold it for some more time


  14. Shads Says:
    February 4th, 2010
    Posted at: 2:13 pm

    Hi CB/Karthik,

    NIFTY is going down.. Do you think it dip more.. I have bought a lot of Nifty futures and it is trading below my buy price.


  15. Kartik Says:
    February 4th, 2010
    Posted at: 2:16 pm

    Hi dm, yes, hold it for a couple of weeks more, it can do well

    Hi ruthwik, it seems to be a downtrend, it made a double bottom around 58 levels, hold it with a SL at 53

    Hi sudheer, not sure why they seem to trade flat, But the start performing after Largecaps do

    Hi justin, oh, exit from it at CMP

    Hi Raja_SKM, SAIL is a strong bet as of now

    Hi Vijay, yes, hold it for a 4-5 days time, it shall do well


  16. sailaja Says:
    February 4th, 2010
    Posted at: 2:16 pm

    Dear Kartik, I have taken HDIL @ 338/- in the morning.It is getting down. Shall I hold it or Sell it or Average it ? If need to hold, what is the target and timeframe.Please guide me

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