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Intraday calls for 06-08-09

Posted on: August 6th, 2009 at 9:19 am

Markets likely to open flat. Nifty has strong resistance at 4730 and support at 4620.

Stocks to watch for breakout:
Buy Voltas above 147, target: 153. Stoploss: 144.50
Buy Glenmark Pharma above 276, target: 288. Stoploss: 272.

If markets show weakness later during the day, sell: Hindalco Industries.

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394 Responses

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  1. sunitha Says:
    August 6th, 2009
    Posted at: 12:04 pm

    Hi Vivek
    i bought vishal info 820 shares @ 29 on 04th aug. How many shares i will have now and at what price?


  2. Raj Says:
    August 6th, 2009
    Posted at: 12:04 pm

    guys no short selling.... recvd a message that market 80 percent recover. if it trades above 4680 for some time, short sell only if market go below 4650


  3. Vivek Shah Says:
    August 6th, 2009
    Posted at: 12:05 pm

    Hi abhi, yes you can as downside is limited.


  4. Kartik Says:
    August 6th, 2009
    Posted at: 12:05 pm

    Hi Raj, hold for this week

    Hi Ramesh, likey to see a flat closing

    Hi abhi, you cant buy now, as its in upper circuit, with only buyers and no sellers

    Hi Asha, hold it for some time, with a SL of 201


  5. raj kamal Says:
    August 6th, 2009
    Posted at: 12:07 pm

    hi kartik sir what may be target of jpassociate and hdil today pls


  6. Kartik Says:
    August 6th, 2009
    Posted at: 12:07 pm

    Hi sunitha, you will now get 410 extra shares with an avg price of 21.65 Total shares you will be having is 1230..


  7. bs Says:
    August 6th, 2009
    Posted at: 12:08 pm

    Hi CB, should sell hindalco??? have good profit now.. pls advise


  8. Kartik Says:
    August 6th, 2009
    Posted at: 12:09 pm

    Hi raj kamal, JP ass can see 244 and HDIL 275 if markets substain


  9. Akash Says:
    August 6th, 2009
    Posted at: 12:10 pm

    Hi Karthik. I have 350 Motherson Sumi at 86.5. Now it is 82. Should I hold or switch to Vishal Info for target 35+ in 1 month. Also, if I'll get Bonus share of Vishal Info if I buy today or tomorrow (if it is out of UC).


  10. Kartik Says:
    August 6th, 2009
    Posted at: 12:10 pm

    Hi bs, since you have already made profit for the day, markets seem very volatile and i advice that you dont go for shorting now


  11. Vivek Shah Says:
    August 6th, 2009
    Posted at: 12:10 pm

    so much buy pending orders as vishal struck in circuit.


  12. babu Says:
    August 6th, 2009
    Posted at: 12:12 pm

    hi Vivek, If i buy vishal info now, will i get bonus shares?


  13. raj kamal Says:
    August 6th, 2009
    Posted at: 12:12 pm

    what do u think also tomorrow market will be flat or in positive mode


  14. bs Says:
    August 6th, 2009
    Posted at: 12:13 pm

    Hi Kartik, Thanks.. sorry i put my query in wrong way.. actually i am holding Hindalco and made 30% profit in it. so should i book my profit in hindalco??? and buy some other script?? pls advise


  15. sib Says:
    August 6th, 2009
    Posted at: 12:13 pm

    i brought yesterday vishal info share @ 28.80 and i have icici direct account which take 2 days to transfer shares in account. Is i am eligible for the bonus and why the vishal info is so down today .Should i buy today also ?


  16. Vivek Shah Says:
    August 6th, 2009
    Posted at: 12:13 pm

    Hi Kartik, Kartik , is this ex-bonus price of Vishal, date is confusion, if this is ex-bonus price then price may slip further, as my target for vishal was Rs. 20 without bonus.

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