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Intraday calls for 07-12-09

Posted on: December 7th, 2009 at 9:10 am

Markets likely to open flat. Nifty has support at 5080.

Buy Banco Products at 81.85, target: 85. Stoploss: 79.50
Buy Nectar Lifescience Ltd at 30.20, target: 32. Stoploss: 29.30

Trade in small quantity.

12.40pm – sell reliance ind at cmp 1071, target: 1055. sl 1082 – (book profits at 1054)

30.05pm – btst – BUY adhunik metals in small quantity at cmp 103.50, target: 108-110, sl 99

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524 Responses

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Comment pages: 34567891011Show all

  1. dak Says:
    December 7th, 2009
    Posted at: 9:51 am

    Kartik, how does GMR infra look for intraday ?


  2. Kartik Says:
    December 7th, 2009
    Posted at: 9:52 am

    Hi algae, Good mroning

    Hi dak, its more of a short term play..can see 78


  3. sanzy Says:
    December 7th, 2009
    Posted at: 9:52 am

    k thanks...can i enter RIL on long side as the bonus shares come to market today


  4. manisha Says:
    December 7th, 2009
    Posted at: 9:52 am

    jsw steel 1100 kab jayega


  5. Kartik Says:
    December 7th, 2009
    Posted at: 9:53 am

    Hi sanzy, no.. it could see some profit booking.


  6. Kartik Says:
    December 7th, 2009
    Posted at: 9:53 am

    Hi manisha, keep it for couple of weeks.


  7. Yusuf Says:
    December 7th, 2009
    Posted at: 9:53 am

    Hi Kartik GM,
    whats ur call on Jindal Kotex and Jindal Stainless.. i am holding both at 5 rs loss per share.. do u think its a hold..
    Regrd


  8. sanzy Says:
    December 7th, 2009
    Posted at: 9:54 am

    how about going long on Cipla n Biocon


  9. algae Says:
    December 7th, 2009
    Posted at: 9:54 am

    hi kartik, what levels can GMRINDS see this month? and ARCHIES?


  10. M@ddy Says:
    December 7th, 2009
    Posted at: 9:54 am

    OK Kartik but what will be targets for BANCO???


  11. raj Says:
    December 7th, 2009
    Posted at: 9:57 am

    Hi Kartik, i hv suzlon 200 @ 77.45 for short trm


  12. Kartik Says:
    December 7th, 2009
    Posted at: 9:59 am

    Hi Yusuf, yes, continue to hold onto them

    Hi sanzy, biocon can be bought

    Hi algae, they can add 7-10%. hold them

    Hi M@ddy, around 85

    Hi raj, hold onto it for some time..will do well


  13. kranthi Says:
    December 7th, 2009
    Posted at: 9:59 am

    CB Sir,

    What's wrong with "HINDUSTHAN NATIONAL GLASS & INDUSTRIES LIMITED"
    It fallen for 19%^ now ?
    Can we enter this counter now ?


  14. nb Says:
    December 7th, 2009
    Posted at: 9:59 am

    Hi Kartik, will reliance see some downside today?


  15. Kartik Says:
    December 7th, 2009
    Posted at: 10:00 am

    Hi kranthi, not sure of any news..dont enter it


  16. ramesh Says:
    December 7th, 2009
    Posted at: 10:01 am

    nectar 30.90 is it a buy??

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