Intraday calls for 08-06-10
Markets likely to see a flat opening. Support for nifty is at 5000.
Buy Sesa Goa Ltd at 347.35, target: 358. Stoploss: 340. – (continue to hold it for 1-2 days if possible. is near strong support levels and a good bounce is likely soon)
Trade in small quantity
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Trader Says:
June 8th, 2010
Posted at: 3:09 pm
hi katik,
can nifty go below 4980 again today
Kartik Says:
June 8th, 2010
Posted at: 3:10 pm
Hi tanu, yes, they are a hold..
Hi Shipra, no. when crude rises petrol price hikes sicne they get it at a higher cost.
rashid Says:
June 8th, 2010
Posted at: 3:10 pm
can we expect a bounce on nifty tommorow
Kartik Says:
June 8th, 2010
Posted at: 3:11 pm
Hi gopal, yes, hold it. should see some bounce in couple of days
Hi Trader, seems a bit unlikely today
Hi rashid, yes, maybe a small one.
Shipra Says:
June 8th, 2010
Posted at: 3:12 pm
ok kartik...but above u said that crude is likely to come down a bit..
so that means its negative or positive for IOC..or what?
sry to bug u...but dnt have tthis knowledge?
Joseph Says:
June 8th, 2010
Posted at: 3:12 pm
Hi Kartik, can i buy Sesa Goa for a week?
Kartik Says:
June 8th, 2010
Posted at: 3:12 pm
Hi Shipra, crude coming down is good for omc's
gopal Says:
June 8th, 2010
Posted at: 3:12 pm
Thanks Kartik i hold it
Deepesh Mathew Says:
June 8th, 2010
Posted at: 3:13 pm
SESAGOA : The past one year history shows that the stock has bounced back not letting the investors wait for long. I would say we can see the prices raising today or by tomorrow.
vindi Says:
June 8th, 2010
Posted at: 3:13 pm
can u tell the the bottoms for ballarpur industries
dak Says:
June 8th, 2010
Posted at: 3:13 pm
KArtik - will reliance fall further from here?
Karthik Says:
June 8th, 2010
Posted at: 3:13 pm
Can i Book marginal profit in 4900PE...or wait...what is the nifty support below 4980
Shipra Says:
June 8th, 2010
Posted at: 3:14 pm
ok kartik...thanks a lot...for the explanation...:)
Kartik Says:
June 8th, 2010
Posted at: 3:14 pm
Hi gopal, ok thanks
Hi Deepesh Mathew, yes..
Hi vindi, some support near 27
Kartik Says:
June 8th, 2010
Posted at: 3:14 pm
Hi Joseph, yes, looks good.
Hi Shipra, most welcome..
Kartik Says:
June 8th, 2010
Posted at: 3:15 pm
Hi Karthik, yes, lets book for now.
Hi dak, strong support near 970-980