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Intraday calls for 12-07-12

Posted on: July 12th, 2012 at 8:25 am

Markets likely to open lower. Support for nifty is at 5260.

If markets show recovery later during the day, buy: Indiabulls Financial services.

Infosys results and IIP data to be announced today. Markets may remain volatile

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488 Responses

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Comment pages: 232425262728293031Show all

  1. pradip Says:
    July 12th, 2012
    Posted at: 10:46 pm

    hi kartik,
    Chinese GDP will be out tomorrow , how will it effect us?


  2. Kartik Says:
    July 12th, 2012
    Posted at: 10:55 pm

    Hi pradip, not likely to have a major impact

    Hi ranjan, Sintex look weak technically, would be better to avoid it

    Hi SS, could open higher by 2-3%


  3. SS Says:
    July 12th, 2012
    Posted at: 10:59 pm

    Hi Kartik,
    Thanks. Some news floating around TRAI/Telcos..not sure wht. How Bharti going to trade ?


  4. Kartik Says:
    July 12th, 2012
    Posted at: 11:10 pm

    Hi SS, is it: http://tech2.in.com/news/mobile-services/trai-issues-draft-guidelines-on-mobile-data-services/325062 it was posted around 10 hours ago


  5. SS Says:
    July 12th, 2012
    Posted at: 11:32 pm

    Hi Kartik,
    Thanks for the link. But, wud it go up or down tomorrow ? Im holding it at 313 lvl (fut).


  6. pushp14660 Says:
    July 12th, 2012
    Posted at: 11:44 pm

    I have 500 Mannapurm@34. What to do?


  7. abhishek Says:
    July 12th, 2012
    Posted at: 11:44 pm

    Hi CB, I have renuka 37.50 Ce and balrampur chini 60 Ce. Can we expect some profit tomorrow even if nifty is down?


  8. ARIJIT Says:
    July 13th, 2012
    Posted at: 12:36 am

    CB,
    ur view abt. SBI,i am in at 2200..


  9. CB Says:
    July 13th, 2012
    Posted at: 1:01 am

    Hi SS, its likely to see some bounce as its near strng support levels of 300.

    Hi pushp14660, its a hold for some more time. can see 38

    Hi abhishek, yes, as of now seems markets may open a bit higher tomorrow. hold onto these for nw

    Hi ARIJIT, it has good support at 2190 and resistance at 2250. once manages to cross 2250, can see 2320


  10. Sohan Says:
    July 13th, 2012
    Posted at: 1:50 am

    Hello CB,

    Can I buy Renuka at opening.

    It is quite late, good night.

    Sohan


  11. CB Says:
    July 13th, 2012
    Posted at: 2:01 am

    Hi Sohan, yes, looks good. Good night..


  12. vishal Says:
    July 13th, 2012
    Posted at: 7:08 am

    hi friends, markets all set to crash, will add to my shorts again today. :) :)


  13. sdkbest Says:
    July 13th, 2012
    Posted at: 7:27 am

    Hi Vishal, But asian mkts are in green


  14. Naran Says:
    July 13th, 2012
    Posted at: 8:20 am

    MARKET BROKEN DOWN FROM TWO WEEKS TRADING RANGE. MOST TECHNICAL ANALYSTS ARE SAYING NIFTY WILL TEST 5100-5150 LEVEL..


  15. vishal Says:
    July 13th, 2012
    Posted at: 8:23 am

    ya but overall the markets look weak to me, please take your own call or ask cb/kartik, they are the experts.

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