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Intraday calls for 10-12-09

Posted on: December 10th, 2009 at 9:19 am

Markets likely to see a flat opening. Intraday support for nifty is at 5090 and resistance at 5160

Buy Texmaco Ltd at 141.65, target: 149. Stoploss: 137
Buy Lakshmi Energy & Foods Ltd at 147.15, target: 154. Stoploss: 142

Trade in small quantities considering market volatility. As I am updating these calls Asian markets are seeing some selling pressure. In case nifty sees a gap down opening, buy these stocks on dips with adjusted stoplosses.

Update: After Dubai, financial crises seems to be spreading in Greece and Spain

2.15pm – intraday cum btst – buy indusind bank in small quantity at cmp 146.80 target: 153. stoploss: 143

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676 Responses

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  1. Kartik Says:
    December 10th, 2009
    Posted at: 1:19 pm

    Hi Nalla, hold it for some more days, it can do well


  2. Srinivas Says:
    December 10th, 2009
    Posted at: 1:20 pm

    hi CB,

    I have Airtel @ 346... should I exit now since it is almost close to purchase price and can exit with minimum loss... do you feel it has run up enough or is there still some upside left to it.

    Thanks,
    Srinivas


  3. sanj Says:
    December 10th, 2009
    Posted at: 1:20 pm

    Hi CB,
    Holding DEC 5300CE @41.5. At what price shld I exit.
    Thanks as always.
    Sanj.


  4. RaJ Says:
    December 10th, 2009
    Posted at: 1:20 pm

    I THINK YOU MISSED MY QUERY............ SIR


  5. Sidharth Says:
    December 10th, 2009
    Posted at: 1:21 pm

    Kartik, ur views on avon corp and satyam...?


  6. Rohit Bhasin Says:
    December 10th, 2009
    Posted at: 1:21 pm

    Hi Karthik/CB
    Any updates on Archies????


  7. Kartik Says:
    December 10th, 2009
    Posted at: 1:21 pm

    Hi preeti, yes, hold it

    Hi nats, its already run up a lot and might consoldiate at current levels for some time


  8. Kartik Says:
    December 10th, 2009
    Posted at: 1:21 pm

    Hi RaJ, they are hold as of now

    Hi Rohit Bhasin, no

    Hi Sidharth, they are strong bets for SHort term


  9. Kartik Says:
    December 10th, 2009
    Posted at: 1:22 pm

    I'll be back in 10 mins


  10. maddy Says:
    December 10th, 2009
    Posted at: 1:22 pm

    Karthik, CB, United breweries is at 320 now, Can we buy into it for a short term, what tgt can we expect.


  11. deep singh Says:
    December 10th, 2009
    Posted at: 1:22 pm

    kartik g i have niffty put 5100 @ 101 what is tgt?


  12. dineshknp Says:
    December 10th, 2009
    Posted at: 1:26 pm

    thanks, will be waiting 4 ur reply.


  13. moanto Says:
    December 10th, 2009
    Posted at: 1:27 pm

    Karthik,

    my query in IVRCL Infra


  14. TARUN Says:
    December 10th, 2009
    Posted at: 1:29 pm

    hI CB / kartik

    shorted nifty at 5105?
    is some downside expected in day ot two ?
    Thanks


  15. vinod Says:
    December 10th, 2009
    Posted at: 1:29 pm

    hi CB , I m having Satyam @ 102,shall i book profit @cmp or hold it for short period


  16. Sidharth Says:
    December 10th, 2009
    Posted at: 1:31 pm

    Kartik, avon corp hit the LC...is this the right time to buy it....

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