Intraday calls for 14-06-10
Markets likely to open slightly higher. Resistance for nifty is at 5150 and support at 5060.
Buy Pipavav Shipyard Ltd at 92.45, target: 96. Stoploss: 89
11.42am – Intraday cum btst – buy Deepak fertilizers at 127.85 target: 133. Stoploss: 123
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Pradeep Says:
June 14th, 2010
Posted at: 8:40 pm
Hi CB/ Kartik,
Will there be any reaction on Vijaya bank tomm/ this week bcoz of the above announcement?
Kartik Says:
June 14th, 2010
Posted at: 8:45 pm
Hi Kb, yes, rightly said by Gitanjali, its automatically deducted on each and every trade, regarding yearly tax, yes, that profit is treated as your earnings, just as any other income and so you need to file that too
Hi option, hold it with a SL at 5250 on Nifty as of now
Hi Gitanjali, thanks
Hi Pardhasaradhi, it can see around 272
Hi pradeep, it can see 185 tomorrow
Hi arun bj, Hindustan Motors Ltd is a good bet for Mid term investment, hold it for 6-8 months time, it can see 30+ levels
Hi sudheer, around 145
Hi Avis, as of now it seems to be positive, hold Rpower with a SL at 172
Hi suzane, it might open up around 920-930 and then consolation at these levels for some time, its a defensive stock and moves up slowly, it would be better if you try to hold it for 2-3 weeks time
Hi Mayur, yes, you may enter it for Mid term
Hi SMH, it can see 440 in the coming days, hold it for some time
Kartik Says:
June 14th, 2010
Posted at: 8:51 pm
Hi Aman, its a weak bet fundamentally, dont enter it
Hi Pradeep, its likely to add 2-3% tomorrow
Pradeep Says:
June 14th, 2010
Posted at: 8:53 pm
OK Kartik . Thank you very much
Kartik Says:
June 14th, 2010
Posted at: 8:55 pm
Hi suzane, oh, Pharma Stocks(jyoti labs) normally move up when Markets move down, they are defensive bets, it can see around 950 (above 930, acts as a major resistance level), also it would be better if you stocks in small quantity but for a longer period
Hi Pradeep, most welcome
Gauri Says:
June 14th, 2010
Posted at: 9:01 pm
Hi KB,
holding morpen labs from long time, it was bought at hi levels, my BEP is @ 10.50 :( , pl. tell when we can see morepen at this levels?
suzane Says:
June 14th, 2010
Posted at: 9:03 pm
Hi Kartik, yeah i will try to reduce my quantity .. I dint bought at once.. as i kept on averaging made my quantity more.... Whats ur assumption for tommorows market ??
Gauri Says:
June 14th, 2010
Posted at: 9:05 pm
and in same way Mascon global was bought when 6.20 levels will be seen?, pl. reply
Gauri Says:
June 14th, 2010
Posted at: 9:07 pm
This query was for kartik sir
holding morpen labs from long time, it was bought at hi levels, my BEP is @ 10.50 , pl. tell when we can see morepen at this levels?
and in same way Mascon global was bought when 6.20 levels will be seen?, pl. reply
bhuvana Says:
June 14th, 2010
Posted at: 9:14 pm
hai 'cb'
y pharma done very badly today almost all major pharma were pulled down any reason
when sensex is down they are going up when it is greeen they are gooing down is it so? can u plz clarify
LEO Says:
June 14th, 2010
Posted at: 9:20 pm
Hi cb / kartik,
Any News about IOC ...............
What a jump of anil's stock .. - RELINFRA AND REL CAPITAL ...
am waiting for a fall of these stock to capture . Whether it will fall dn ..Expecting around 1000 k for RELINFRA( As per ur advice)
Ravi Says:
June 14th, 2010
Posted at: 9:23 pm
Hi CB, will there be a gap up opening tomorrow seeing the US condition
Gitanjali Says:
June 14th, 2010
Posted at: 9:39 pm
HI Kartik, thanks ..So yr advice for me wd be to hold the short till 130 ..and if it breaches that I should exit and go long if market is doing good ..heading up to 5300..Is that so???
Gitanjali Says:
June 14th, 2010
Posted at: 9:42 pm
Hi Kb, You may have to pay tax if your aggregate profit after deduction of loss stands above 1.50 lacks or so ..this is minimum income slab..and again this is for short term trading only...and not if u are an investor ...in other words , if u have held a stock for more than a year and if you made profit , then it is not considered for tax.. ..there are higher slabs for higher income ..
I am ashamed to say, I have not made enough profit thus far..loss far exceeds profit...hence have not paid yet for trading ..When I do I will have many questions too... :}
Our manager at the estate takes care of these issues..
Since you are a student , u may be eligible to certain tax cuts/benefits ,,, if I find out more info I shall post it here..
Couple of following links may help..
http://finance.indiamart.com/taxation/
http://www.care2.com/find/web?q=info+on+tax+in+india
http://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=navclient&gfns=1&q=info+on+tax+in+india
arun bj Says:
June 14th, 2010
Posted at: 9:44 pm
what is your view on ongc... what price can i exit ... i am expecting petrol price hike ll improve the prices of the share,....
SMH Says:
June 14th, 2010
Posted at: 9:53 pm
kartik, Thank you very much for NALCO, i hv aso bot MCleod Russel @ 182 whats yur view in short term & M&M bot @ 617 any tgts for both