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Intraday calls for 12-10-09

Posted on: October 12th, 2009 at 8:55 am

Buy EXIDEIND at 100, Target: 105, Sl 96.5

Trade in Minimal quantity as markets are uncertain

Call given by Kartik

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607 Responses

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  1. Kartik Says:
    October 13th, 2009
    Posted at: 11:12 pm

    Hi Sri, cant be sure of the exact number of days, but it faces resistace at 70 levels, it could do well above it


  2. Sri Says:
    October 13th, 2009
    Posted at: 11:14 pm

    I have invested all the money in it, shall i exit this stock at 70, with a loss of 2000, bcoz its not crossing the mark of 70 from past 15days, if i exit will i be able to recover the loss, how is the market for a weeks time.


  3. Kartik Says:
    October 13th, 2009
    Posted at: 11:17 pm

    Hi Sri, you can if you are a swing trader, or you could keep a sl at 65, market may see a slight upmove within a week or so


  4. Sri Says:
    October 13th, 2009
    Posted at: 11:21 pm

    Sorry that i am asking you some silly questions wat does a swing trader mean.


  5. Kartik Says:
    October 13th, 2009
    Posted at: 11:21 pm

    Hi Sri, swing trade means very short term, say 1-2 weeks tiem


  6. rajesh Says:
    October 13th, 2009
    Posted at: 11:35 pm

    Hi CB,

    As per your reply, I should exit rcom script @cmp if the RCOM is overstated the profit.
    But as far as my knowledge / browsing thru channeles I could not get the info that RCOM is overstated the profit. Pl confirm and let me advise shot i hold the counter.

    Thanks,
    Rajesh


  7. santhosh Says:
    October 13th, 2009
    Posted at: 11:37 pm

    hi,steel strips target for tomorrow i have @ 99 ,should i book loss ,and what about RNRL


  8. Kartik Says:
    October 13th, 2009
    Posted at: 11:53 pm

    Hi rajesh, you can get the news here: http://business.rediff.com/report/2009/oct/12/tech-reliance-rcom-may-have-inflated-revenues-evaded-licence-fee.htm

    Hi santhosh, i guess you meant 19, hold it for some more time, it can do well, dont enter RNRL as of now


  9. lddgnz Says:
    October 13th, 2009
    Posted at: 11:56 pm

    Hi CB / Kartik,

    What are your views regarding two large cap heavy weights (Reliance and SBI) for tomorrow Intraday trading? Can we expect 2-3% rise in both specially in SBI?

    TIA


  10. santhosh Says:
    October 13th, 2009
    Posted at: 11:57 pm

    Steel strips wheel limited ,i took it at 99 Rs now it is 86.35 holding it from 2weeks


  11. santhosh Says:
    October 13th, 2009
    Posted at: 11:58 pm

    Hi Karthik,

    could you explain about " conversion (9days), base (26days) " ?


  12. pammy Says:
    October 14th, 2009
    Posted at: 12:02 am

    hey hi...


  13. pammy Says:
    October 14th, 2009
    Posted at: 12:15 am

    hi kartik,

    i have stocks of [jaiprakash asso.] at price 238....what shud i do??? i can wait till 2-4 weeks...

    shud i book at current rate or hold it??


  14. Kartik Says:
    October 14th, 2009
    Posted at: 12:26 am

    Hi lddgnz, both of them are market mover, SBI could see some more upmove, say 2%, cant be sure of Reliance as of now

    Hi santhosh, I guess this is for Ichimoku Cloud, they specify the time limits for the upper and lower levels of the clouds

    Hi pammy, Hold it till Diwali, it can do well


  15. kumar Says:
    October 14th, 2009
    Posted at: 12:34 am

    Hi Karthik,

    I have OCT09 RCOM CA 270. bought @ 7. Should i place offline sell order right away?
    or should i hold it? will revenue issue make any correction further? please advise


  16. Kartik Says:
    October 14th, 2009
    Posted at: 12:41 am

    Hi kumar, the news is still not confirmed, hold it with a tight SL

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