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Intraday calls for 05-07-10

Posted on: July 5th, 2010 at 8:17 am

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

If markets show recovery later during the day, buy: Torrent Power. – (book profits at 370)

10.30am – buy Canara bank at 456, target: 463. Stoploss: 450.

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587 Responses

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  1. rameshb Says:
    July 5th, 2010
    Posted at: 2:42 pm

    HI
    DO UOU SEE ANY UP MOVE IN THOMAS COOK. I HAVE SOME AT 74 FOR LAST FOUR MONTHS. SHOULD I SWITCH TO SELMAN . THEY ARE COSTING SAME NOW


  2. umar Says:
    July 5th, 2010
    Posted at: 2:42 pm

    hi Kartik,

    request you to suggest few shares which can be bought at current levels with a target of 1-2 weeks


  3. Kartik Says:
    July 5th, 2010
    Posted at: 2:44 pm

    Hi PK, most welcome

    Hi Prakash S., its likely to consolidate at current levels for 1-2 days time, wait till tomorrow

    Hi shiva, NESTLEIND looks strong as of now

    Hi SMH, yes, hold it for Short term, it can do well


  4. Kartik Says:
    July 5th, 2010
    Posted at: 2:46 pm

    Hi Suresh M, it can see 25+ in 4-5 months time

    Hi umar, you may enter Canbank for Swing trade as of now


  5. Dhana Says:
    July 5th, 2010
    Posted at: 2:48 pm

    Hi Kartik,
    Can i buy rnrl 60 call @ 0.95 now?


  6. vindi Says:
    July 5th, 2010
    Posted at: 2:48 pm

    any thing abt ballarpur is there any chance of fall


  7. Kartik Says:
    July 5th, 2010
    Posted at: 2:50 pm

    Hi Dhana, yes

    Hi vindi, its likely to consolidate around 34 for some time


  8. Vijay Says:
    July 5th, 2010
    Posted at: 2:50 pm

    Hi CB/Karthik,

    You missed my query on in RNRL i have taken RNRL at 46.5 in Futures(Long)
    Is it expected to go to somewhere near 50.


  9. sumey Says:
    July 5th, 2010
    Posted at: 2:52 pm

    Dear sir
    please tell me about hindpetro future buy or sell?


  10. Kartik Says:
    July 5th, 2010
    Posted at: 2:53 pm

    Hi Vijay, its likely to show some recover in the coming days, hold it for 2-3 days time

    Hi sumey, its a hold for Short term as of now, dont make a fresh entry yet


  11. Kapil Says:
    July 5th, 2010
    Posted at: 2:54 pm

    HI CB, ABAN is making low , on the news of BP ... what to do?


  12. S.MAHESH Says:
    July 5th, 2010
    Posted at: 2:55 pm

    Hi Kartik,
    GA


  13. shiva Says:
    July 5th, 2010
    Posted at: 2:56 pm

    can i apply to hind media IPO?


  14. ams Says:
    July 5th, 2010
    Posted at: 2:56 pm

    Hi kartik,
    whats the short term target for Jai Corp?


  15. Kartik Says:
    July 5th, 2010
    Posted at: 2:56 pm

    Hi Kapil, no news on it yet

    Hi S.MAHESH, GA


  16. Tanya Says:
    July 5th, 2010
    Posted at: 2:56 pm

    i have RIL 1100CE at 18 and L&T 1850CE at 26
    what should i do...
    whn should i exit and what will be target

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