Intraday calls for 07-06-11
Markets likely to open lower. Support for nifty is at 5480.
Sell Aurobindo Pharma around 173.50, Target: 168, SL 178 (sl triggered)
2.15pm – buy havells at 426, target: 438-440. Stoploss: 415. (1-2 day hold) trade in small quantity
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himanshu Says:
June 7th, 2011
Posted at: 7:32 pm
hey kartik
Us markets moving upwards
Wats ur view on nifty tomorrow??
CB Says:
June 7th, 2011
Posted at: 7:36 pm
Hi himanshu, no don't enter it yet. has strong resistance at 585
Hi naresh, would advice to hedge it with a 180 put for now. if markets do remain positive, it can head back higher to 195 levels.. has good support at 183-185 levels.
Hi himanshu, yes, seems may open a bit higher.
naresh Says:
June 7th, 2011
Posted at: 7:41 pm
thanks CB, will buy 180PE :)
Anil Says:
June 7th, 2011
Posted at: 8:23 pm
GE CB,
Can we enter Havells tomorrow if it opened below 430?
ARIJIT Says:
June 7th, 2011
Posted at: 8:46 pm
Hi CB,
can i buy SBI tomorrow for intraday or for 2-3 days?
palanivel Says:
June 7th, 2011
Posted at: 8:56 pm
HI CB SIR,GE TATASTEEL UP SIDE AND DOWN SIDE SUPPORT,HDIL.ONGC, CAN ENTER CE
THIS LEVEL CB SIR.NIFTY STRONG DOWN SIDE SUPPORT PLEASE CB SIR.NIFTY BARISH MODE BULLISH MODE THIS WEEK PLEASE ADVICE CB SIR.I AM WAITING FOR VALUABLE ADVICE PLEASE.
himanshu Says:
June 7th, 2011
Posted at: 8:57 pm
hey kartik.. what is the strategy for tomorrow to trade in nifty??
suru Says:
June 7th, 2011
Posted at: 9:14 pm
hi cb
next target for delta corp and karuthuri globle- short term??
cvrprakash Says:
June 7th, 2011
Posted at: 9:22 pm
Hi CB,
What the range you are predicting the market for this week?
If Market shows some upmove tomorrow, can I buy any Nifty PA @ low levels?
Keeping any high resistance as SL?
Kindly give me a call on this Sir.
Thanks.
Kartik Says:
June 7th, 2011
Posted at: 9:38 pm
Hi Anil, yes, looks good
Hi ARIJIT, can be entered with a SL at 2295
Hi palanivel, strong support at 5480, if we break this, we can see some more downside ahead, around 5450 levels, support for Tata steel at 560, HDIL.ONGC are likely to see some consolidation ahead, ONGC can be entered above 282
Kartik Says:
June 7th, 2011
Posted at: 9:40 pm
Hi himanshu, you may go long if we manage to open flat, with a SL at 5530
Hi cvrprakash, dont enter PE's yet, we look in a breakeven zone, enter PE if we manage to break 5480
Hi test, Yes, Markets too have been trading in a narrow range lately, continue to hold them for some more time, if we manage to cross 5610, they can do well
nda Says:
June 7th, 2011
Posted at: 10:11 pm
Hi good evening boss. 2moro I short Wockhardt, bajaj fin serv, Tata steel & Apollo tyre. How do you say ? sirrrrrrrrrrrrrrrrrrrrrrrrrr.
suru Says:
June 7th, 2011
Posted at: 10:18 pm
hi kartik
next target for delta corp and karuthuri globle- short term??
Kartik Says:
June 7th, 2011
Posted at: 10:20 pm
Hi test, hmm, shall chk the logs and let you know the delivery report, book around 30 in Tata motors
Hi nda, Wockhardt can be gone go short below 278, dont go short on the rest yet
Kartik Says:
June 7th, 2011
Posted at: 10:22 pm
Hi suru, Delta around 105, KGL 15
Anil Says:
June 7th, 2011
Posted at: 10:27 pm
Hi Kartik, Thanks. Holding ICICI 1000 PE. Hold or book loss (50%)