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Intraday calls for 11-09-12

Posted on: September 11th, 2012 at 8:29 am

Markets likely to open lower, support for Nifty at 5330 and resistance at 5380.

Buy Tata Coffee at 990, Target: 1020, SL 978 – (avoid due to gap up opening)

10.02am – Technically BOC India has given a good breakout above 445. One can add 50% at cmp: 465 for a target of 480 in coming days.

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576 Responses

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  1. Kartik Says:
    September 11th, 2012
    Posted at: 8:55 am

    Hi choton, not sure of this

    Hi onkar, can be shorted for a target of 165


  2. pravin Says:
    September 11th, 2012
    Posted at: 8:56 am

    What will be Apollo tyre today
    Holding 95 since yesterday


  3. pankaj Says:
    September 11th, 2012
    Posted at: 8:56 am

    gm kartik. ur view on ITC for today. holding shorts in it.


  4. Akash Says:
    September 11th, 2012
    Posted at: 8:57 am

    Hi Kartik, GM. Hold 5500 CE. I also bought Granules India at 225. Will it see 300+ in 5-6 days?


  5. Kartik Says:
    September 11th, 2012
    Posted at: 8:59 am

    Hi pankaj, it looks strong, keep a SL at 266 (csah)

    Hi Akash, book in granules, its already rallied quite a lot, hold Nifty CE with a SL at 5340


  6. kb trader Says:
    September 11th, 2012
    Posted at: 9:01 am

    Hi Kartik, hmm .. me too :)


  7. Kartik Says:
    September 11th, 2012
    Posted at: 9:03 am

    Hi kb trader, nice :)


  8. bunny Says:
    September 11th, 2012
    Posted at: 9:04 am

    GM KARTIK SIR IAM HAVING JSWSTEEL FUT 714 . SHALL I HOLD R EXIT ?PLS SUGGEST


  9. Akash Says:
    September 11th, 2012
    Posted at: 9:04 am

    Hi Kartik, I jst bought it at CMP. Wht to do now? Also, Can I buy Action COnstrucitons today? As merket is going to open lower, shud I exit CE and buy PE?


  10. sunny Says:
    September 11th, 2012
    Posted at: 9:05 am

    Tata coffee at 1003 pre-opening, shall wait?


  11. Kartik Says:
    September 11th, 2012
    Posted at: 9:06 am

    Hi bunny, hold it with a sl at 985

    Hi sunny, yes, around 990-995


  12. Kartik Says:
    September 11th, 2012
    Posted at: 9:07 am

    Hi Akash, book today in it on rise, lets wait to see how Markets manage to open up


  13. manu Says:
    September 11th, 2012
    Posted at: 9:07 am

    Good Morning Kartik...Can I buy Axis Bank at this level???


  14. Kartik Says:
    September 11th, 2012
    Posted at: 9:10 am

    Hi Akash, it can see soem profit booking ahead, not sure of 30 on it, Markets may settle after opening, wait for some time

    Hi manu, it looks weak, would be better to avoid it


  15. Akash Says:
    September 11th, 2012
    Posted at: 9:12 am

    Hi Kartik, Ok. So hold CE? Also, which one is better for at least 10% gian in 1-2 days, Granules or ACE?


  16. Kartik Says:
    September 11th, 2012
    Posted at: 9:13 am

    Hi Akash, ACE may open higher, book in Granules on rise today

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