Intraday calls for 07-03-13

Quotes with Resistance & Support

Market Information

Intraday calls for 07-03-13

Posted on: March 7th, 2013 at 8:16 am

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Markets likely to open flat, Resistance for Nifty at 5840

Buy Venkys around 520, Target: 532, SL 512 – (Book profit in Venkys at 533)

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313 Responses

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Kartik Says:
March 7th, 2013
Posted at: 8:51 am
Hi SS, GM, may open higher around 240
Hi Vishal, no, dont add more, hold it with a SL at 790 for now, book in Relcap on rise today, it looks weak, avoid fresh entries in options for now, Markets look uncertain and volaitile
van Says:
March 7th, 2013
Posted at: 8:52 am
GOODMORNING kartik, can i buy HDFC BANK for intraday?
Kartik Says:
March 7th, 2013
Posted at: 8:52 am
Hi Karan Sharma, no, enter its Pe, if it breaks 95 (cash)
Hi Vinit, seems can add another 2-3%
SS Says:
March 7th, 2013
Posted at: 8:52 am
Hi Kartik,
Hindustan Petroleum Corp Ltd ( HPCLBSE -0.07 %), after the state-owned company and Mumbai-based infrastructure major Shapoorji Pallonji plan to set up a terminal for import of liquid gas (LNG) on Gujarat coast at a cost of Rs 5,000 crore.
Wht cud be tgt ? do you see some bounce ?
Kartik Says:
March 7th, 2013
Posted at: 8:52 am
Hi van, Gm, faces strong resistance at 635-640, dont enter it yet
Vinit Says:
March 7th, 2013
Posted at: 8:52 am
thanks a lot :)
Kartik Says:
March 7th, 2013
Posted at: 8:53 am
Hi Vinit, most welcome
Kartik Says:
March 7th, 2013
Posted at: 8:53 am
Hi SS, not likely to have a major impact, faces strong support at 295-300, could open higher by 1-2% after the news
van Says:
March 7th, 2013
Posted at: 8:57 am
and what about AXIS BANK for intraday?
Vishal Says:
March 7th, 2013
Posted at: 8:58 am
Hi Kartik, Buy tata Motors for stock target 340-350+ in March?
Azhar Says:
March 7th, 2013
Posted at: 8:59 am
Hi Kartik, target for unitech and supreme petrochem today
Jai0 Says:
March 7th, 2013
Posted at: 8:59 am
Hi, can I enter TataSteel for intraday? Thanks
SS Says:
March 7th, 2013
Posted at: 9:01 am
Hi Kartik, Thanks
Wht cud be tgt for PFC... Do you see dip?
RG Says:
March 7th, 2013
Posted at: 9:03 am
Can we enter PNB for intraday ?
vijayk Says:
March 7th, 2013
Posted at: 9:04 am
Kartik,
holding 360pe of BPCL and 2150,2100 pe of SBI....please suggest the movement of these 2 stocks for today....
Kartik Says:
March 7th, 2013
Posted at: 9:04 am
Hi van, faces strong resistance at 1410 lvls, a close above which can take it higher to 1450 lvls
Hi Azhar, they are likely to trade flat for today
Hi Jai0, it looks weak overall, has been seeing some short covering for the past 2 days, dont enter it yet
Hi Vishal, no, dont make fresh entries in options for now
Hi SS, it faces support at 195, if broken can see lower levels of 180, seems may trade flat today