Intraday calls for 11-08-10

Quotes with Resistance & Support

Market Information

Intraday calls for 11-08-10

Posted on: August 11th, 2010 at 8:24 am

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Markets likely to open flat. Resistance for nifty is at 5500 and support at 5440.

Buy OnMobile Global Ltd at 307-310, target: 318. Stoploss: 300. -(continue to hold OnMobile for 1-3 days. maintain same sl at 300. can see 320-323.)

If markets show weakness later during the day, sell: Sterlite Industries. – (book profits at 172.50)

Trade in small quantities.

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690 Responses

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Kartik Says:
August 11th, 2010
Posted at: 11:51 am
Hi siva, its a hold as of now
Hi Rock, dont avg Sonata Software Ltd yet, wait for some time
Hi Vivek Shah, as of now none
Kartik Says:
August 11th, 2010
Posted at: 11:51 am
Hi Lalith, its a hold for a weeks time
Ravindra Says:
August 11th, 2010
Posted at: 11:51 am
Dear Karthik,
I hold 5400 PUT at 50. Can I continue to hold ?
Ravi Says:
August 11th, 2010
Posted at: 11:53 am
In how many days can i see sicagen 28.00, because you told to book profits around 24.30, what to do shall i book profit here or wait till 28.00
Vishal Says:
August 11th, 2010
Posted at: 11:53 am
Hi Kartik, Can i enter onMobile@CMP for intraday
Kartik Says:
August 11th, 2010
Posted at: 11:56 am
Hi SUM, oh, it means that your broker dosent allow trading in that stock
Hi Vishal, wait till Europe opens up
Hi Ravi, to be on the safe side, book 50% profits at CMP, hold the rest with a trailing SL at 23.90
Kartik Says:
August 11th, 2010
Posted at: 11:56 am
Hi aba, Telecoms have been facing tuff competition lately, wait for some more time
Subhashis Says:
August 11th, 2010
Posted at: 11:57 am
Hi Kartik, any strong Intraday script for today ?
DS Says:
August 11th, 2010
Posted at: 11:57 am
Dear Kartik,
Yesterday Ashok Leyland hit SL of 70 {bought at 73}, today MLL is very close to SL of 50 {bought at 54}....please advise any way out to recover the loss?Can MLL stabilise?
prateek Says:
August 11th, 2010
Posted at: 11:58 am
hi kartik...what your views on ashok leyland can i buy this @ cmp??
prince Says:
August 11th, 2010
Posted at: 11:58 am
Kartik,what is your view on auropharma
Lalith Says:
August 11th, 2010
Posted at: 11:58 am
holding KFA CA at 2.00 now 0.65 ... any chances ?
ReddySWAMI Says:
August 11th, 2010
Posted at: 11:59 am
hi Mr. Kartik
today i am short in tata motors @1000 futures should i hold any near target.
VIRAAT Says:
August 11th, 2010
Posted at: 11:59 am
yesterday i sold 1lot of educomp@665 wat will be the todays target ?
Kartik Says:
August 11th, 2010
Posted at: 11:59 am
Hi Subhashis, nope
Hi DS, they are Market movers, if Europe manages to open strong, we can add some gains, hold it for some more time
Hi prateek, wait for some time
Hi prince, its a good bet for Short term
Kartik Says:
August 11th, 2010
Posted at: 11:59 am
Hi VIRAAT, it seeing profit booking today, hold it for 3-4 days time