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Intraday calls for 16-12-10

Posted on: December 16th, 2010 at 8:14 am

Markets likely to open flat. Nifty faces resistance at 5960 and support around 5830

Buy Infosys around 3203, Target: 3225-3230, SL 3182

11.14am – buy bpcl 680 put at 11.50, target: 16. Stoploss: 709

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584 Responses

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  1. shiva Says:
    December 16th, 2010
    Posted at: 8:48 am

    at what time RBI policy will be released


  2. ani Says:
    December 16th, 2010
    Posted at: 8:50 am

    hi cb/kartik,

    shld i go wot oswal chemicals or nithin fire or arvind fr intraday...

    Regds


  3. Kartik Says:
    December 16th, 2010
    Posted at: 8:52 am

    Hi ani, no, dont enter them for Intraday today


  4. Kartik Says:
    December 16th, 2010
    Posted at: 8:52 am

    Hi shiva, not sure of the exact time yet, likely to be around noon tough


  5. Karan Sharma Says:
    December 16th, 2010
    Posted at: 8:56 am

    Can i sell NTPC, RCOM or IIFL in futures?


  6. shiva Says:
    December 16th, 2010
    Posted at: 8:59 am

    target for nelco today?? how much shall I hold it on?


  7. Rajesh Says:
    December 16th, 2010
    Posted at: 9:00 am

    Good Morning Karthik, Can we short UCO Bank on Intraday today?


  8. Kartik Says:
    December 16th, 2010
    Posted at: 9:01 am

    Hi Rajesh, lets wait to see how the RBI policy comes up, banking stocks can be very volatile today

    Hi shiva, it can see 118 today

    Hi Karan Sharma, dont go short on them yet


  9. LEO Says:
    December 16th, 2010
    Posted at: 9:03 am

    Hi Kartik / Cb,

    Good Morning ...............

    Any hope of New year "Bash" on Indian Market .....


  10. Kartik Says:
    December 16th, 2010
    Posted at: 9:03 am

    Hi LEO, Good morning, :), cant be sure yet, depends on how the RBI policy shapes up today


  11. Vijay Says:
    December 16th, 2010
    Posted at: 9:04 am

    Dear Karthik,

    I have bought GAIL@504 and RENUKA sugars@90.

    Sir, Please suggest me the target which I can expect to sell before this monday..

    Thanks for your reply..


  12. Kartik Says:
    December 16th, 2010
    Posted at: 9:04 am

    Hi Vijay, gail can see around 510 today and renuka 86.50-87, Markets are closed tomorrow


  13. shiva Says:
    December 16th, 2010
    Posted at: 9:04 am

    can I enter kalyani steels ?


  14. Kartik Says:
    December 16th, 2010
    Posted at: 9:05 am

    Hi shiva, you may enter it for Short term at CMP


  15. LEO Says:
    December 16th, 2010
    Posted at: 9:07 am

    ok Kartik,


  16. Rajesh Says:
    December 16th, 2010
    Posted at: 9:07 am

    Hi Karthik, Can we see some improvement in HIndalco on Intraday today?

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