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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. khan Says:
    December 10th, 2009
    Posted at: 3:16 pm

    i h ave bharthi airtel @333 shal i book profit or hold


  2. Kartik Says:
    December 10th, 2009
    Posted at: 3:16 pm

    Hi moanto, Indusbank

    Hi surya, yes


  3. MCS Says:
    December 10th, 2009
    Posted at: 3:17 pm

    thanks for ur advice


  4. mani Says:
    December 10th, 2009
    Posted at: 3:17 pm

    hi i am holding 5000put bought @130 ? should i exit ?


  5. fouzan Says:
    December 10th, 2009
    Posted at: 3:18 pm

    dear kartik

    i wont trade bank script
    is any other script for btst


  6. Kartik Says:
    December 10th, 2009
    Posted at: 3:18 pm

    Hi mani, hold it with a SL at 5160 on Nifty


  7. mani Says:
    December 10th, 2009
    Posted at: 3:19 pm

    what do you i will be loss or profit ? i am holding from 2weeks


  8. mani Says:
    December 10th, 2009
    Posted at: 3:25 pm

    what do you think its seeing upward or downward?


  9. Kartik Says:
    December 10th, 2009
    Posted at: 3:28 pm

    Hi fouzan, searched for some, but couldnt find other

    Hi mani, we might see some profit booking, hold it


  10. sailaja Says:
    December 10th, 2009
    Posted at: 3:29 pm

    Hi Karthik,
    Can I enter into Logix Microsystems @CMP? what is the target and time frame


  11. fouzan Says:
    December 10th, 2009
    Posted at: 3:29 pm

    kartik

    regarding l&t ur views


  12. vishnuteerth Says:
    December 10th, 2009
    Posted at: 3:30 pm

    bought texmaco 555@ 141.55, will it cross 150 tpmmprow?


  13. Kartik Says:
    December 10th, 2009
    Posted at: 3:33 pm

    Hi sailaja, no, dont enter now, wait for some time

    Hi fouzan, its seems strong, can do well once it manages to close above 1700

    Hi vishnuteerth, yes, hold it


  14. Mano Says:
    December 10th, 2009
    Posted at: 3:33 pm

    Hi Kartik, What is your view FIEMIND?


  15. Angana Says:
    December 10th, 2009
    Posted at: 3:35 pm

    what is the record date for JPAssociate?


  16. Kartik Says:
    December 10th, 2009
    Posted at: 3:36 pm

    Hi Mano, the company is not so strong fundamentally, dont enter it for Long term

    Hi ASHISH, it can do well tomorrow, hold it

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