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Intraday calls for 11-02-11

Posted on: February 11th, 2011 at 8:30 am

Markets likely to open flat, strong support at 5180

Buy Tata steel around 601 Target: 612, SL 590 – (we may have to hold tata steel for a day or 2 more. if looking strictly for intraday, keep sl at 578)

3.05 pm – book profit in LT (Swing call) at 1540

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776 Responses

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  1. askimaskitoss Says:
    February 11th, 2011
    Posted at: 9:26 am

    welcome kartik ........... Derivatives Desk>> ITT BUY POLARIS 183.50 SL 180.50 TGT 189.50


  2. Kartik Says:
    February 11th, 2011
    Posted at: 9:27 am

    Hi shiva, sorry, continue to hold it, dont avg it out yet


  3. rafi Says:
    February 11th, 2011
    Posted at: 9:28 am

    karthik what about tatsteel ...shall i enter it@cmp


  4. Kartik Says:
    February 11th, 2011
    Posted at: 9:28 am

    Hi rafi, wait for Markets to turn strong, enter around 602


  5. AJ Says:
    February 11th, 2011
    Posted at: 9:28 am

    ONMOBILE @ 223...can i expect more today?


  6. Akash Says:
    February 11th, 2011
    Posted at: 9:28 am

    Hi Kartik, Then any option call/Put? Pls suggest. Omkar is at 40 and more than 50% down form my buy price :(


  7. Kartik Says:
    February 11th, 2011
    Posted at: 9:29 am

    Hi Akash, avoid intraday as of now

    Hi AJ, to be on the safe side, book profits


  8. askimaskitoss Says:
    February 11th, 2011
    Posted at: 9:29 am

    Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially putting the blockbuster exchange tie-up in peril.


  9. SAGAR Says:
    February 11th, 2011
    Posted at: 9:29 am

    Hi Kartik,

    Nifty spot resistance @5250-5275-5310-5330.

    Support @ 5220-5195-5170-5150.


  10. askimaskitoss Says:
    February 11th, 2011
    Posted at: 9:30 am

    Cairn India will not accept a change in royalty payment terms of its main producing asset as that could hurt its value, and in turn jeopardise Vedanta Resources' $10 billion acquisition bid.


  11. jit Says:
    February 11th, 2011
    Posted at: 9:30 am

    MARKET EXPECT IIP DATA TO BE 2%,LIKELY TO BE WRSE THA 2%.......TODAY WE MAY FORM BOTOM OF THIS FALL


  12. 100rabh Says:
    February 11th, 2011
    Posted at: 9:31 am

    Hi Kartik,
    Suggestion for nifty fut today plz for 25-30 pts


  13. askimaskitoss Says:
    February 11th, 2011
    Posted at: 9:31 am

    South Korea's annual producer inflation hit a 26-month high in January led by food and energy, data showed on Friday, strengthening the case for a second interest rate increase in four weeks later in the day.


  14. askimaskitoss Says:
    February 11th, 2011
    Posted at: 9:32 am

    Nokia's wisdom in picking outsider Stephen Elop to return it to its former glory will be tested on Friday when the new chief executive reveals his plans to transform the world's biggest cellphone maker.


  15. Kartik Says:
    February 11th, 2011
    Posted at: 9:33 am

    Hi SAGAR, GM, thanks

    Hi 100rabh, hold it for some time

    Hi askimaskitoss, thanks


  16. shiva Says:
    February 11th, 2011
    Posted at: 9:33 am

    can IIP data trigger breaking of support @ 5190?

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