Intraday calls for 06-02-13
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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vijay Says:
February 6th, 2013
Posted at: 9:17 am
Hi Kartik,
Continue to hold NIFTY 5900PE and Andhra bank 100PE?
Kartik Says:
February 6th, 2013
Posted at: 9:17 am
Hi Akash, cant be sure yet, but could add some more gains
Kartik Says:
February 6th, 2013
Posted at: 9:18 am
Hi vijay, Yes, hodl them for some more time
Rajesh Says:
February 6th, 2013
Posted at: 9:19 am
Hi Kartik, I have sold Jain Irrigation at 67.2. Please suggest
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.....:-(
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
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?
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)
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
archanareddy Says:
February 6th, 2013
Posted at: 9:24 am
Hi Kartik, hi good moring..
ibought bhel 220 ce at 2.90/-
Kartik Says:
February 6th, 2013
Posted at: 9:24 am
Hi archanareddy, GM, it looks weak, exit from it
PRAVIN Says:
February 6th, 2013
Posted at: 9:26 am
cb sir
still holding pnb short at 889
can exit or may see low
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?
Kartik Says:
February 6th, 2013
Posted at: 9:27 am
Hi PRAVIN, Yes, hold it for some time, looks weak below 890
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
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?