Intraday calls for 17-03-11

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Intraday calls for 17-03-11

Posted on: March 17th, 2011 at 8:35 am

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Markets likely to open lower, support for Nifty at 5350, resistance at 5550

Sell Gujarat NRE around 49, Target: 47, SL 50.60

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602 Responses

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pankaj Says:
March 17th, 2011
Posted at: 8:36 am
gm cb / kartik, pls tell wht to do with mphasis. bot @ 440/-. have a good day.
Venkatagee Says:
March 17th, 2011
Posted at: 8:37 am
GM CB
If RBI does not raise the bank rates today , will bank stocks go up?
Kartik Says:
March 17th, 2011
Posted at: 8:38 am
Hi Venkatagee, yes, they can be very volatile today
Hi pankaj, GM, it looks weak below 420, might take some time to recover, if possible hold it for Short/Mid term
rafi Says:
March 17th, 2011
Posted at: 8:38 am
gud morning cb/karthik....can i buy or short tata cofee or anyother for intrada and levels
ams Says:
March 17th, 2011
Posted at: 8:40 am
Hi Kartik,
GM.
Can i buy NIFTY PE @ 5300 today?
Wasey Says:
March 17th, 2011
Posted at: 8:40 am
Good Morning Kartik,
How about JSW Steel, will it nose dive today or stay above the water?
MBA Tejas Says:
March 17th, 2011
Posted at: 8:40 am
Hi Kartik, sir i want to book profit today in put 5500 bought at 101 now its 92-93......... when i should sell it ??? means at wat level ??
Venkatagee Says:
March 17th, 2011
Posted at: 8:40 am
Thx Kartik
Any particular bank stock we can look at other than SBI and Axis Bank
Kartik Says:
March 17th, 2011
Posted at: 8:41 am
Hi Wasey, GM, its likely to trade flat
Hi MBA Tejas, its likely to open higher, around 30-35%
Hi ams, no, dont enter after opening
Hi rafi, you may go short on Tata coffe if it sees some profit booking
Kartik Says:
March 17th, 2011
Posted at: 8:42 am
Hi Venkatagee, Vijaya could see a small bounce
Dileep Kumar Says:
March 17th, 2011
Posted at: 8:43 am
Today mkt will open in negative but sure you all will see huge recovery in second half.
My hope is that today RBI will not raised bank rate today.
Second half CANARA BANK, YES BANK AND IDBI BANK will rock in second half.
rafi Says:
March 17th, 2011
Posted at: 8:44 am
what about reliance industries karthik