Quotes with Resistance & Support
Market Information

Intraday calls for 06-02-13

Posted on: February 6th, 2013 at 8:33 am

Markets likely to open flat, Support for Nifty at 5940

Buy Glenmark Pharmaceuticals around 508, target: 520, SL 498 – (Continue to hold Glenmark pharma for 1-2 days.)

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279 Responses

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  1. vijay Says:
    February 6th, 2013
    Posted at: 9:17 am

    Hi Kartik,

    Continue to hold NIFTY 5900PE and Andhra bank 100PE?


  2. Kartik Says:
    February 6th, 2013
    Posted at: 9:17 am

    Hi Akash, cant be sure yet, but could add some more gains


  3. Kartik Says:
    February 6th, 2013
    Posted at: 9:18 am

    Hi vijay, Yes, hodl them for some more time


  4. Rajesh Says:
    February 6th, 2013
    Posted at: 9:19 am

    Hi Kartik, I have sold Jain Irrigation at 67.2. Please suggest


  5. vickys Says:
    February 6th, 2013
    Posted at: 9:21 am

    Hi Kartik Sir,

    Holding Short NMDC 160 PE -- 1lot

    Holding Short ICICI 1150 PE -- 1 lot and ICICI Bank FUT 2 lot @ 1230

    Plz advice to minimize my losss.....:-(


  6. Kartik Says:
    February 6th, 2013
    Posted at: 9:22 am

    Hi Akash, there's no way to calculate that, it mostly depends on traders sentiment in F&O

    Hi Rajesh, continue ot hold the short for a few days, it looks weak overall below 70


  7. Akash Says:
    February 6th, 2013
    Posted at: 9:22 am

    Hi Kartik, Shud I exit Bankifty or hold. It opened high but now again going down. And everyone is saying that Bank will perform v good in Feb-March?


  8. Kartik Says:
    February 6th, 2013
    Posted at: 9:23 am

    Hi vickys, hold them for some more time, ICICI Bank looks weak below 1180 lvls and seems could see some more downside ahead (if possible exit from 1 long in ICICI, hold the other for a cuple of days more)


  9. Kartik Says:
    February 6th, 2013
    Posted at: 9:23 am

    Hi Akash, keep a trailing SL 12450 in it and hold, its reacting to the Markets


  10. archanareddy Says:
    February 6th, 2013
    Posted at: 9:24 am

    Hi Kartik, hi good moring..
    ibought bhel 220 ce at 2.90/-


  11. Kartik Says:
    February 6th, 2013
    Posted at: 9:24 am

    Hi archanareddy, GM, it looks weak, exit from it


  12. PRAVIN Says:
    February 6th, 2013
    Posted at: 9:26 am

    cb sir
    still holding pnb short at 889
    can exit or may see low


  13. Akash Says:
    February 6th, 2013
    Posted at: 9:27 am

    Hi Kartik, Ok. But can we see some upside in the market and bank Nifty also. Nifty has already corrected 110-120 points form high so when it will see upside. Global markets are v strong and US also opened v high so can we not see 6100+ in few days?


  14. Kartik Says:
    February 6th, 2013
    Posted at: 9:27 am

    Hi PRAVIN, Yes, hold it for some time, looks weak below 890


  15. Kartik Says:
    February 6th, 2013
    Posted at: 9:28 am

    Hi Akash, trading around support at 5940, can give a bounce if Global ques manage tog trade strong


  16. vickys Says:
    February 6th, 2013
    Posted at: 9:29 am

    Hi Kartik Sir,

    Thanks for the reply , Is HERO MOTO is still good for short @ 1780- 1784 range?

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