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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. Kartik Says:
    May 12th, 2010
    Posted at: 12:53 pm

    Hi MANOJ, Europe is now down by more than 2%, hold it for 2-3 weeks time

    Hi Janvi, dont avg it out yet, wait for some more time

    Hi smb, if Europe sees some recovery, we can do well


  2. vishnuteerth Says:
    May 12th, 2010
    Posted at: 12:53 pm

    Karthik,
    can I have SPEL semicond @18.60, shall I avg @ cmp15.50, will it come within a month


  3. sarang Says:
    May 12th, 2010
    Posted at: 12:53 pm

    hi kartik can i short idea cellular @ 54.75


  4. Lata Says:
    May 12th, 2010
    Posted at: 12:53 pm

    hi kartik, can i short bharti or fed bk.


  5. Mahesh Says:
    May 12th, 2010
    Posted at: 12:54 pm

    thanks kartik:)


  6. vinod Says:
    May 12th, 2010
    Posted at: 12:54 pm

    any idea abt ballarpur


  7. Yuvi Says:
    May 12th, 2010
    Posted at: 12:54 pm

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


  8. vishnuteerth Says:
    May 12th, 2010
    Posted at: 12:54 pm

    I have SPEL semicond @18.60, shall I avg @ cmp15.50, will it come up within a month


  9. Nks Says:
    May 12th, 2010
    Posted at: 12:54 pm

    Dear Kartik,

    bought sundaram Brake lining today at 266/- and its now going down and CMP is 252/- can i average the same, hold or book the loss?

    pls. advice


  10. vikas Says:
    May 12th, 2010
    Posted at: 12:55 pm

    WHATS THE INTRADAY TARGET FOR
    GIC HOUSING
    MOSER BAER

    IF MARKET CLOSES IN RED


  11. preeti Says:
    May 12th, 2010
    Posted at: 12:56 pm

    Hi Kartik, since europe is also weak,shld i exit torrnt power and orbit corp today itself..


  12. Kartik Says:
    May 12th, 2010
    Posted at: 1:02 pm

    Hi S.MAHESH, thanks for the update

    Hi Yuvi, hold it for Short term

    Hi abc, yes, its a slow mover, but shall perform well in the coming 1-2 months time

    Hi vishnuteerth, Spel Semiconductor Ltd is average bet fundamentally, it can see 20+ levels in 2-3 months time

    Hi sarang, no, dont go short on it yet

    Hi Lata, wait for some time

    Hi Nks, dont add more of it, if you can hold it for Short term, hold it, else exit

    Hi preeti, if you are a Intraday trader, you exit form them, but it would be better to hold them for Short term

    Hi Janvi, most welcome

    Hi vikas, they can close another 1% lower from CMP


  13. Kartik Says:
    May 12th, 2010
    Posted at: 1:02 pm

    Hi shiva, hold it for some more time


  14. varun soni Says:
    May 12th, 2010
    Posted at: 1:03 pm

    hey kartik i had added tata steel futures again at 600 wat shud i do


  15. Kartik Says:
    May 12th, 2010
    Posted at: 1:03 pm

    Hi varun soni, hold it with a tight SL at 570


  16. Lata Says:
    May 12th, 2010
    Posted at: 1:04 pm

    thanks kartik..

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