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Intraday calls for 11-10-12

Posted on: October 11th, 2012 at 8:05 am

Markets likely to open flat, support for nifty at 5640 and resistance at 5720

Buy Exide Industries around 155, Target: 162, SL 150

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762 Responses

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  1. shame Says:
    October 11th, 2012
    Posted at: 8:51 am

    hai cb good morning

    i am holding ivrcl 500 at 45.95 shall i hold it r avg it


  2. spy king Says:
    October 11th, 2012
    Posted at: 8:52 am

    Hey!

    Can dlf be shorted today?

    And suzlon?


  3. Akash Says:
    October 11th, 2012
    Posted at: 8:53 am

    Hi Kartik, GM. Shud I buy Exide 170 CE for target 7-8 in 1-2 days?


  4. Munna Says:
    October 11th, 2012
    Posted at: 8:54 am

    All,

    Thanks for your wishes and concern for my baby.

    Just came back from baby. Baby is still taking breath through incubator. But Dr. Deepa Hariharan (No. 2 in India for NICU) confimed baby will be alright. Will start the feed from today. Have to be in NICU for 2-3 weeks....

    All god's grace. Thanks once again for your concern........


  5. Kartik Says:
    October 11th, 2012
    Posted at: 8:54 am

    Hi shame, below 50 it looks weak, would be better to exit

    Hi spy king, DLF has been quite volatile lately, avoid entering it , Sulzon looks weak can be shorted for a couple of days


  6. Kartik Says:
    October 11th, 2012
    Posted at: 8:55 am

    Hi Akash, enter 160 CE for 15-20% gains

    Hi Munna, most welcome, nice to know that


  7. Akash Says:
    October 11th, 2012
    Posted at: 8:56 am

    Hi Kartik, I don't have money to enter 160 CE. I can enter only 170 CE. Shud I enter Hindalco 130 CE or BHEL 270 CE?


  8. Kartik Says:
    October 11th, 2012
    Posted at: 8:57 am

    Hi Akash, enter out of money Options shall hardly fetch any gains, dont enter CE's of Hindalco and BHEL, they are seeing profit booking and may trade flat for some time


  9. rk Says:
    October 11th, 2012
    Posted at: 8:58 am

    Hi Kartik,
    Whats your view on infosys? Can I enter 3000 CE or 2000 PE?


  10. Akash Says:
    October 11th, 2012
    Posted at: 8:59 am

    Hi Kartik, Ok. Then hold 5500 PE for Nifty target 5550? Or any Stock PE I can buy. I really need some big gains very soon...


  11. Anil Says:
    October 11th, 2012
    Posted at: 8:59 am

    Holding short on Apollotyre. Pls advise how this will trade today.


  12. R.NAGARAJ Says:
    October 11th, 2012
    Posted at: 9:03 am

    cb sir gm

    today nifty level


  13. Kartik Says:
    October 11th, 2012
    Posted at: 9:04 am

    Hi Anil, below 90 it looks weak, continue to hold the short for some more time

    Hi rk, has its results tomorrrow, dont enter it now

    Hi Akash, if we break 5640 on nifty we can see decent downside, avoid entring out of money options tough


  14. Kartik Says:
    October 11th, 2012
    Posted at: 9:04 am

    Hi R.NAGARAJ, 5650-5680


  15. pankaj Says:
    October 11th, 2012
    Posted at: 9:04 am

    can i buy r com and cipla in current level ?


  16. Anil Says:
    October 11th, 2012
    Posted at: 9:04 am

    Hi Kartik, Pls advise possible tgt for today.

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