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Intraday calls for 12-01-10

Posted on: January 12th, 2010 at 8:16 am

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Markets likely to open slightly lower. Support for nifty is at 5220 and resistance at 5300.

If markets show recovery later during the day, buy: Adhunik Metaliks Ltd with a stoploss at 118 and Nocil Ltd with a stoploss at 26.50

12.55pm – Book profits in aban short at 1470

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732 Responses

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suresh Says:
January 12th, 2010
Posted at: 3:11 pm
HI KARTIK,
I AM HOLDING 5200 pe , can book profit or hold for some time
Kartik Says:
January 12th, 2010
Posted at: 3:11 pm
Hi anoop, thanks
Hi harry, they can add 2-3% if markets do well
Hi abc, yes, its for a weeks time
Hi a.shanmugam, it would be better if you keep a SL at 5200 and hold it
Hemant Says:
January 12th, 2010
Posted at: 3:11 pm
should i buy 5200 put CMP .. plz let me knw SL and target for tommorow
raja Says:
January 12th, 2010
Posted at: 3:11 pm
Thanks Kartik,my apologies
Kartik Says:
January 12th, 2010
Posted at: 3:13 pm
Hi Hemant, you may enter it with a SL at 5250 on Nifty
Rajeev Says:
January 12th, 2010
Posted at: 3:13 pm
India's November industrial output grew at its fastest pace in two years, which analysts say will strengthen the case for the Reserve Bank of India (RBI) to tighten monetary stance to temper inflationary expectations.
ajay Says:
January 12th, 2010
Posted at: 3:13 pm
i was considering shorting relinfra stbt??
suresh Says:
January 12th, 2010
Posted at: 3:14 pm
Kartik, can you please respond to my queries
HI KARTIK,
I AM HOLDING 5200 pe , can book profit or hold for some time
Kartik Says:
January 12th, 2010
Posted at: 3:14 pm
Hi ajay, you may go short on it, as markets look weak below 5200
Kartik Says:
January 12th, 2010
Posted at: 3:14 pm
Hi suresh, hold it for some more time
SYED Says:
January 12th, 2010
Posted at: 3:15 pm
HAI CB SUZLON TARGET IN A WEEK TELL ME
fouzan Says:
January 12th, 2010
Posted at: 3:15 pm
kartick
i am holding tulip please tell when i will cross 1100
Shekhar Says:
January 12th, 2010
Posted at: 3:16 pm
Hi Kartik, What is the support for Nifty below 5200?
sunil Says:
January 12th, 2010
Posted at: 3:17 pm
karthik i have shorted 5300 call should i hold it if nifty closess above 5200
ajay Says:
January 12th, 2010
Posted at: 3:18 pm
5200 has not cracked ... i guess it made a low of 5200 nf
ashok khiara Says:
January 12th, 2010
Posted at: 3:19 pm
maal laav chambal.... suport for nifty below 5200 is 5164