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Intraday calls for 10-12-10

Posted on: December 10th, 2010 at 8:27 am

Markets likely to open slightly lower. Support for nifty is at 5730.

Buy Mahindra & Mahindra ltd on dips near 750-755 with stoploss of 740. – (book profits at 765)

IIP data data to be out today

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587 Responses

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  1. raghu Says:
    December 10th, 2010
    Posted at: 1:43 pm

    karthik i short lichousing on 876 script was going up tell me can i short here also r tell me sl and target


  2. Kartik Says:
    December 10th, 2010
    Posted at: 1:43 pm

    Hi Karan Sharma, no, looks a bit weak. wait for another 5% dip

    Hi afu, yes. if you profit, your buy price of that stock will decrease.


  3. afu Says:
    December 10th, 2010
    Posted at: 1:43 pm

    k thank u


  4. Bull Says:
    December 10th, 2010
    Posted at: 1:44 pm

    hi CB , holding 1 lot SBIN@ 2755.. and 1 lot KSOIL @ 35.60...
    ICICI is such a pathetic broker tht due to their issue my MKT order in KSOIL could not go initially at 32.35 .. and now gone at 35.60 .. pls suggest target for both now .. also I need to change broker after this event.. pls suggest some good broker in Pune offline.


  5. Mahe Says:
    December 10th, 2010
    Posted at: 1:44 pm

    hi Karthik,

    Any updates on ICICI bank? I hold a 1100 PA @ 40 now 32 what to do?


  6. Kartik Says:
    December 10th, 2010
    Posted at: 1:44 pm

    Hi cvrprakash, we will need to add few more on dips. for now hold it

    Hi gopal, yes. hold it

    Hi raghu, its seeing some short covering. hold the short for now.


  7. Ravi Says:
    December 10th, 2010
    Posted at: 1:44 pm

    Hi Kartik, Holding HindPetr 420 call at 12. Plz suggest wat to do


  8. lalith Says:
    December 10th, 2010
    Posted at: 1:44 pm

    DLF falling again :(


  9. bj arun Says:
    December 10th, 2010
    Posted at: 1:45 pm

    hi kartik i stuck with bharti , at 349 .. cmp 327 what can i do can i book loss


  10. Kartik Says:
    December 10th, 2010
    Posted at: 1:46 pm

    Hi afu, most welcome

    Hi RAM, not yet

    Hi Bull, yes. these are looking a bit weak. we can expect some short covering rally. would advice to hold for now

    Hi Mahe, hold it. has resistance at 1110-1120

    Hi Ravi, hold onto it. can see 405


  11. Kartik Says:
    December 10th, 2010
    Posted at: 1:47 pm

    Hi lalith, yes, real estate is a bit weak today

    Hi bj arun, hold it. its a good short/med term bet. will recover


  12. subramani Says:
    December 10th, 2010
    Posted at: 1:49 pm

    Hi Kartik,

    Shall I buy tata steel 620 call option now?


  13. Kartik Says:
    December 10th, 2010
    Posted at: 1:50 pm

    Hi subramani, no, looks weak


  14. ankit Says:
    December 10th, 2010
    Posted at: 1:50 pm

    Hi Kartik, shall i buy smartlink at this price...........i can hold it for 3-4 months.........or shall i wait for more fall???????????


  15. Kartik Says:
    December 10th, 2010
    Posted at: 1:52 pm

    Hi ankit, yes. enter 50% for now.


  16. Kartik Says:
    December 10th, 2010
    Posted at: 1:52 pm

    Hi Vijay, no, dont enter it now. looking a bit weak.

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