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Intraday calls for 13-05-11

Posted on: May 13th, 2011 at 8:21 am

Markets likely to open flat, Support for Nifty at 5470

Buy Max India at 172, Target: 178, SL 166
(trade in small quantities)

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  1. jit Says:
    May 13th, 2011
    Posted at: 8:42 am

    sgx nifty up 30 points?


  2. Kartik Says:
    May 13th, 2011
    Posted at: 8:44 am

    Hi jit, its down 3 pts now

    Hi Ajay, below 110 looks weak, dont enter it yet

    Hi Vishal, no, could see some profit booking today


  3. sanjeev Says:
    May 13th, 2011
    Posted at: 8:47 am

    Hi Kartik G.M

    can u advise me about JP infratec


  4. Kartik Says:
    May 13th, 2011
    Posted at: 8:49 am

    Hi sanjeev, faces strong support at 55, dont enter it yet


  5. Nilesh Says:
    May 13th, 2011
    Posted at: 8:50 am

    Hi GM I am holding 500 Jayshree Tea @ 177 What should i do ? hold or sell & 300 Onmobile @ 107 What will be the bottom for Onmobile??


  6. thiru Says:
    May 13th, 2011
    Posted at: 8:50 am

    can i enter jp associates today


  7. Kartik Says:
    May 13th, 2011
    Posted at: 8:52 am

    Hi thiru, no, dont enter it for Intraday

    Hi Nilesh, hold Jay Shree Tea with a SL at 160, Onmobile might settle around 100-110 for a while, hold it for Short term


  8. Ryan Says:
    May 13th, 2011
    Posted at: 8:54 am

    Morning Karthik, can I enter MAX at opening? What if it opens near 174/175?


  9. thavva Says:
    May 13th, 2011
    Posted at: 8:55 am

    Hi Kartik, GM, holding 3 lots of 5400 pe. shall i exit after market is open or wait?


  10. Akash Says:
    May 13th, 2011
    Posted at: 8:55 am

    Hi Kartik, GM. Shud I avrg 5900 CE? I have 2 lots at Rs. 20 Avrg price and if I buy 2 more now at cmp Rs. 3.6, my avrg price will be below 11-12. Target min 70+ by expiry. Pls suggest.


  11. Kartik Says:
    May 13th, 2011
    Posted at: 8:56 am

    Hi Ryan, enter if it opens around 172

    Hi thavva, lets wait to see how Markets open up (above or below 5500)


  12. sanjeev Says:
    May 13th, 2011
    Posted at: 8:57 am

    what about PSB and Indosolar


  13. Kartik Says:
    May 13th, 2011
    Posted at: 8:58 am

    Hi Akash, no, dont add more of CE"s yet

    Hi sanjeev, they can add 1-2% if Markets recover later


  14. Anil Says:
    May 13th, 2011
    Posted at: 8:59 am

    GM Karthik,

    Shall I book loss in Bajajauto short or wait? What is today's tgt?


  15. Ryan Says:
    May 13th, 2011
    Posted at: 8:59 am

    Delta Corp - Acquires 51% stake in Daman Hospitality pvt ltd for an amount of Rs 50 cr
    ... Can it be entered for intraday? Will this news give any bounce today? Which one to chose betweeen Max and Delta Corp?


  16. Akash Says:
    May 13th, 2011
    Posted at: 8:59 am

    Hi Kartik, But it is almost Nil. I bought few that time that it will at least see 50-60 and I will gradually cover some loss but it seems I am going to lose this money as well. Will it go up by expiry? or shud I buy one lot of some low price PE?

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