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Intraday calls for 12-05-10

Posted on: May 12th, 2010 at 8:22 am

Markets likely to see a flat opening. Support for nifty is at 5070 and resistance at 5210.

Buy Elgi Equipments Ltd at 112.15, target: 117. Stoploss:109
Buy Tricom India Ltd at 20, target: 21.50. Stoploss: 19.20

2.37 pm – btst – buy Jubilant Organics at 363.80, target: 376. Stoploss: 355

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622 Responses

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  1. sourabh Says:
    May 12th, 2010
    Posted at: 12:43 pm

    can i average @156


  2. svk Says:
    May 12th, 2010
    Posted at: 12:45 pm

    hai karthik wats the friday target of gic


  3. Kartik Says:
    May 12th, 2010
    Posted at: 12:46 pm

    Hi Pradeep, dont enter it yet

    Hi abc, Geecee Ventures Ltd looks strong fundamentally, hold it for Short term, it can do well

    Hi abhiijith, if Market see some recovery it can see 187

    Hi MANOJ, hold them for some more time, they shall see some recovery soon

    Hi sourabh, dont avg it yet


  4. Lata Says:
    May 12th, 2010
    Posted at: 12:46 pm

    hi kartik, can i short bharti or fed bk


  5. Kartik Says:
    May 12th, 2010
    Posted at: 12:47 pm

    Hi svk, hold Graphite for Short term, its likely to see some recovery


  6. Ravii Says:
    May 12th, 2010
    Posted at: 12:47 pm

    Hello Kartik,
    nifty able to touch 5135 atleast today?


  7. Janvi Says:
    May 12th, 2010
    Posted at: 12:47 pm

    karthik wht your views on bharti airtel..it is almost 8 % down..is it a time for BTST..for it..but telcom sector is not doing well this time...risky or profit turn.!


  8. vikas Says:
    May 12th, 2010
    Posted at: 12:48 pm

    WHAT TO SAY ABT NIFTY
    WILL IT CLOSE IN GREEN


  9. Kartik Says:
    May 12th, 2010
    Posted at: 12:48 pm

    Hi Mahesh, 105


  10. jame Says:
    May 12th, 2010
    Posted at: 12:49 pm

    European market has opened 19 points down so our sensex will also go down?


  11. Kartik Says:
    May 12th, 2010
    Posted at: 12:50 pm

    Hi vikas, Europe is now 93 points down, seems unlikely

    Hi Ravii, if Global ques trade strong, then we can see some upmove

    Hi Janvi, it can be a risky bet, better to wait for a day or 2 before entering it


  12. Janvi Says:
    May 12th, 2010
    Posted at: 12:50 pm

    my last question..i m having andhra @ 137 levels..do i go for some averaging or to hold it and enter dabur..as u recommended.!


  13. smb Says:
    May 12th, 2010
    Posted at: 12:51 pm

    Hi CB / Kartik
    will markets show any uptrend today?????????


  14. S.MAHESH Says:
    May 12th, 2010
    Posted at: 12:52 pm

    LONDON, May 12 (Reuters) - European shares fell for a second straight day early on Wednesday, as euphoria over this week's $1 trillion rescue package to prevent a euro zone sovereign debt crisis spreading turned to caution, pressuring banking stocks.


  15. Yuvi Says:
    May 12th, 2010
    Posted at: 12:52 pm

    Hi,CB. . .
    I have cambridge solu [email protected] , wt i do? Hold,Avrg or book loss..


  16. abc Says:
    May 12th, 2010
    Posted at: 12:52 pm

    but it is sliding from 95 levels to 70 levels..for the past few weeks..what is the target that i can give for it in a month?

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