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Intraday calls for 12-05-11

Posted on: May 12th, 2011 at 8:30 am

Markets likely to open lower, support for Nifty at 5500

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  1. Kartik Says:
    May 12th, 2011
    Posted at: 9:13 am

    Hi shiva, we have been seeing profit booking at 5600 levels, if we manage to break 5490 today we can see some more downside in the near term

    Hi Kiran, yes, keep a SL at 1780


  2. Vivek Shah Says:
    May 12th, 2011
    Posted at: 9:14 am

    Any particular reason for downside ??


  3. dhiva Says:
    May 12th, 2011
    Posted at: 9:16 am

    hi kartik,
    market trade between 5500 -5600 last three days .........? why?


  4. Kartik Says:
    May 12th, 2011
    Posted at: 9:17 am

    Hi dhiva, yes, seeing profit booking at 5600

    Hi Vivek Shah, seems we have reacted to weak Global ques


  5. Vivek Shah Says:
    May 12th, 2011
    Posted at: 9:18 am

    Hi Kartik, bought 5600ce @ 55, what next ??


  6. Kartik Says:
    May 12th, 2011
    Posted at: 9:20 am

    Hi Vivek Shah, continue to hold it for some more time


  7. Ajay Says:
    May 12th, 2011
    Posted at: 9:21 am

    Hi Kartik,

    I have shorted SKS Micro Finance at 357. Can you please let me know the stop loss for the same

    Ajay


  8. maddy Says:
    May 12th, 2011
    Posted at: 9:22 am

    had shorted mastek at 106.50 will it go down how much? wat shd be target and stop loss?


  9. gayaram Says:
    May 12th, 2011
    Posted at: 9:22 am

    Hi Karthik, GM.


  10. Kartik Says:
    May 12th, 2011
    Posted at: 9:22 am

    Hi Ajay, keep a tight sl at 362


  11. Kartik Says:
    May 12th, 2011
    Posted at: 9:23 am

    Hi gayaram, GM

    Hi maddy, can see 103 if Markets continue to trade weak, keep a SL at 110


  12. mayank Says:
    May 12th, 2011
    Posted at: 9:23 am

    Hi kartik,intraday target for uco and vijaya bank


  13. Kartik Says:
    May 12th, 2011
    Posted at: 9:23 am

    Hi mayank, they can add 1-2% if markets recover


  14. shiva Says:
    May 12th, 2011
    Posted at: 9:23 am

    holding mastek @ 100..exit @ 107?


  15. Kartik Says:
    May 12th, 2011
    Posted at: 9:24 am

    Hi shiva, keep a SL at 105 and hold it


  16. Deepa Says:
    May 12th, 2011
    Posted at: 9:24 am

    Hi CB can I buy an ONGC 320 CE@ cmp ? Please advice to buy ce or pe ?

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