Intraday calls for 08-07-11
Markets likely to open higher, resistance at 5750
Buy IB Real at 119, Target: 124, SL 115
If Markets show weakness during the day, go short on Tata motors
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Kartik Says:
July 8th, 2011
Posted at: 3:30 pm
Hi vipul, wait for some time
Prabhu Says:
July 8th, 2011
Posted at: 3:31 pm
hi Kartik: thnx but wat shud be the target?
Akash Says:
July 8th, 2011
Posted at: 3:31 pm
Hi Kartik, Ok. But hope it will see that level at least easily and market will not go up before it sees 5610?
DS Says:
July 8th, 2011
Posted at: 3:32 pm
Dear Kartik,
Also shd i buy Essat 140 CE...apparently mind blowing result on the cards? Can this be true? Or is this another ruse by operators to lure innocent retail investors?
CB Says:
July 8th, 2011
Posted at: 3:40 pm
Hi Prabhu, it can see 83-84 levels.
Hi Akash, yes. hold it
Hi DS, hold it. it can head upto 134-135 levels. looks good. does not seem like a operator driven stock
abhinav Says:
July 8th, 2011
Posted at: 3:45 pm
how does idea look for shorting ?
Gitanjali Says:
July 8th, 2011
Posted at: 3:46 pm
Hi CB, Happy week end to all !
raj Says:
July 8th, 2011
Posted at: 3:57 pm
CB when can i expect Bata to come down?? Should i hold the short postion or exit i have hedged it 660 call.
SAI Says:
July 8th, 2011
Posted at: 4:15 pm
HI CB HOLDING 5600 PE. AM I SAFE?? WHY SUDDEN FALL?
Sridhar Says:
July 8th, 2011
Posted at: 4:20 pm
Hi Kartik,
I have bought Ashok Leyland CE 50 but it is not increasing with the stock price. Please help me understand......
shiva Says:
July 8th, 2011
Posted at: 4:52 pm
I am long in ITC and RCOM..whats the view :
Kartik Says:
July 8th, 2011
Posted at: 5:12 pm
Hi abhinav, go short below 80 (strong support)
Hi Gitanjali, GE, same to you
Hi raj, hold the CE for some time, book it on rise
Hi SAI, we seem to seen profit booking today, hold your PE for another 1-2 days
Hi Sridhar, auto stocks have been trading weak, hold it with a SL at 50
Hi shiva, they can see some more consolidation around 200 and 96 levels for a while before making a move upwards
suzane Says:
July 8th, 2011
Posted at: 5:25 pm
Hi Kartik, as per your suggestion (Cb) i bought RANBAXY above 553-554 , it head up till 559 and suddenly it felt down as CB suggested for target of 565. as i was waiting for it. What happened to market at the end of day ?? what was the reason for such selling preasure ??
Anyways i am holding Ranbaxy as BTST , what target you suggest in it on MONDAY ??
Kartik Says:
July 8th, 2011
Posted at: 5:32 pm
Hi suzane, Yes, we saw profit booking in many large/mid caps today in the closing few minutes, continue to hold it for 1-2 days, above 550 it looks good
karthickPrabhu Says:
July 8th, 2011
Posted at: 5:35 pm
thanks cb,karthick.
Holding relaince at 880 and apollo at 530 shall i add more or wait?
SAI Says:
July 8th, 2011
Posted at: 5:37 pm
HI KARTIK OK THANKS BYE HAPPY WEEK END TO YOU & ALL