Intraday calls for 17-02-12
Markets likely to open higher. Support for nifty is at 5480 and resistance at 5560.
Buy Future Capital Holdings at 151.50-152, target: 157. Stoploss: 148 – (sl triggered in fch)
1.48pm – sell JSW steel at 873, target: 858-860. Stoploss: 885 – (Book profit in JSW steel at 857)
2.26pm – Sell Kotak bank below 574, target: 562. Stoploss: 580 – (exit kotak bank at 576. If holding in futures, continue to hold till Tuesday)
SMS Alerts, no more page refreshes required
543 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
Kb Trader Says:
February 19th, 2012
Posted at: 12:34 pm
Hi Gitanjali, same to you
Hi SM, donn listen to songs in you tube, rather read this important news..... US & Europe, both showing signs of recession .. breaking news read >> http://goo.gl/MTcMe
DJ Says:
February 19th, 2012
Posted at: 12:35 pm
Hey CB/KB/SM
some hope for bears..the telegraph 19th feb 2012@
Greece to Leave Euro
The German finance ministry is actively pushing for Greeceto declare itself bankrupt and to agree a “haircut” on the bulk of its debts held by banks, a move that would be classed as a default by financial markets.
Eurozone finance ministers meet on Monday to approve the next tranche of loans from the EU and the International Monetary Fund, designed to stave off nationalbankruptcy while the new Greek government puts the country’s finances in order.
But the severe austerity measures being demanded have caused such fury in Greece, and the cuts requiredare so deep, that Wolfgang Schäuble, the German financeminister, does not believe that any government would be able to implement them.
His pessimism has been tipped into despair with a secret European Commission,Central and IMF report that even if Greece made good on its promises, it would not be enough to reach the target of bringing total debt to 120 per cent of GDP by 2020....
i will hope for mkts to consider this and come down to 5400 lvls by expiry.
ur thoughts r awaited
SM Says:
February 19th, 2012
Posted at: 12:52 pm
Hi CB, Kartik, GM... and thanks :)
Hi Gitanjali, GM. You too have a great weekend :)
Hi Kb Trader, GM... :PPP
CB Says:
February 19th, 2012
Posted at: 1:29 pm
Hi Mayur, Kajaria can head upto 155 in coming days. dlf if breaks 250, can see 240
Hi Kb Trader, Good afternoon
Hi DJ, yes, could trigger some selling pressure. lets see
Hi SM, Good afternoon
SM Says:
February 19th, 2012
Posted at: 2:26 pm
Hi DJ, Since you said "The Telegraph", I was frantically searching this news in todays "The Telegraph" published from Kolkata. Never found it. Then, the thought came that "The Telegraph" is also published from the UK. Saw the news there :)
Now, thats the thought of Schäuble. I feel, if Greece defaults on March 20 (as it has to pay somewhere around 14.5 billion Euro) or if Greece declares itself bankrupt before that, the situation can (or rather, will) be catastrophic. If so, then Greece will have no choice but to leave the Euro. Just think:
i) what will happen to the unrealised payments?
ii) creditors will never accept an haircut on payments
iii) the much anticipated credit swap ( of something like 15 % cash and the rest with new 30 year maturity bond, with maybe anywhere between 3.5 to 4% coupon) will be given the boot. I feel a credit swap is needed where Greece gets valuable TIME (upto 30 years) to pull the economy up
iv) where will the GDP of Greece be? It will of course spiral down further
v) "Drachma" is definitely not a solution. After all how will you calculate the value of Drachma? Purchasing Power Parity calculations will be difficult
vi) economic growth of Greece mainly depends on Shipping/Maritime industry and Tourism. With Greece leaving the Euro, where will the economy be?
This list is endless
I do believe that, come whatever may, everybody concerned will try to keep Greece in the Eurozone. But if at all Greece leaves the Euro, one thing is for certain... Europe as a whole, will be in much much bigger problems than it is now.
I just shared my personal thoughts as you wanted :)
But DJ, why asking this on a Sunday??? Just chill and Enjoy your Sunday. On Tuesday and till expiry, markets are likely to fluctuate. Now it is up to us to trade accordingly :)
Soch na kya, jo bhi hoga dekha jaye ga
SM Says:
February 19th, 2012
Posted at: 2:29 pm
Hi Kb Trader, :PPPPPPPPPPPPPPPP
Great share. Did remind me of the good old days :)
dj Says:
February 19th, 2012
Posted at: 2:58 pm
hi CB sir can we expect some correction on tuesday.will there be any consolidation.
will market open with blue
vipul Says:
February 19th, 2012
Posted at: 3:10 pm
Hi CB/Kartik, what do you think about rail eng stocks this time........can we enter into any script this time......how about Kalindee rail??? what target can i except & shall I enter it in first place??
micky-intrday Says:
February 19th, 2012
Posted at: 3:48 pm
hey cb/kb good afternoon :)
Sesa Goa: Sesa Goa fresh addition of long positions in the last session. The stock added 8.56% in open interest with an increase in cost. Long positions can be assumed in the stock above 252 for targets of 265 and 272 levels with a stop loss placed at 243 levels.
arun bj Says:
February 19th, 2012
Posted at: 4:22 pm
hi cb how is the fundamandal of edserv. . And . Results of these . . It correct it bit . Lot . . .can i enter for short term . . This counter not participating this rally . .
fayzad Says:
February 19th, 2012
Posted at: 4:41 pm
hi CB / KB / Kartik / DJ
Good evening Gang . . .
which stock is a better stock for shorting in the coming week . . .
:) f
DJ Says:
February 19th, 2012
Posted at: 5:01 pm
Hey Fayzad
dont include me among-CB/KARTIK/SM/KB...i am nothing in front of their knwldge & talent.i am here to seek their advise and to take gidnce frm thm.
dj Says:
February 19th, 2012
Posted at: 5:04 pm
gudevng dj are there any chances of correctn according to u on tuesday
DJ Says:
February 19th, 2012
Posted at: 5:12 pm
@dj
i am expecting nifty to trade below 5550 on tuesday.tmrw asian mkts may remain positive.but by d time us will open europe might hv. gone bk to red after opening in green.so on tuesday asiam mkts may trade wk.and we may open flat to positive but will trade below 5450.lets c
CB Says:
February 19th, 2012
Posted at: 5:51 pm
Hi dj, possible see some profit booking. lets see how global markets close tomorrow
Hi vipul, of the list thermax looks good can be added in small quantity near 520-525
Hi micky-intrday, thanks
Hi arun bj, technically its in a downtrend. best to stay away from it
Hi fayzad, Good evening. can look to short axis bank, LT
Lalit Says:
February 19th, 2012
Posted at: 8:22 pm
Hi CB GE
What ur view on Dhanlaxmi Bank.
Thanks