Intraday calls for 17-05-2012
Markets likely to open slightly higher. Support for nifty is at 4820.
Buy Mahindra & Mahindra above 658, target: 672. Stoploss: 647 – (sl triggered in M&M)
Won’t be able to reply to queries today as I facing internet related issues.
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Sohan Says:
May 17th, 2012
Posted at: 9:28 pm
Hello Kartik,
Thanks very much.
Sohan
Mahesh Says:
May 17th, 2012
Posted at: 9:31 pm
Hai Kartik.. Good Evening...
Is it right choice to enter a 4800 pe tomorrow... if yes please suggest at what level with sl and tgt..
SM Says:
May 17th, 2012
Posted at: 9:33 pm
Hi Kartik, GE :)
Hi Sohan, GE:)
Hi Deepak Bedi, GE :) I am also not a master of charts. Yes, BSE Auto Index looks weak as of now. Today made an Engulfing Bear, yesterday made a Falling Window. Also, broken major support levels. So, it can drift lower in the coming days, unless something drastic happens. Your Bajaj-Auto 1550PE closed at 36.60. Better to exit at opening tomorrow. But if you want to take a little bit of risk, exit one lot at opening (if opening is flat) and hold the other lot with a SL of 1610. Target will be somewhere around 1545. If opens gap down, then keep 1545 as target. If opens below 1545, book at your discretion :) All Future levels.
Hi Ham, GE :)
Hi Gitanjali, Most welcome. Its nice to know that you hedged. Yes, what movement in NG :D
rahul bj Says:
May 17th, 2012
Posted at: 9:43 pm
hi cb how is looks hdil , its trading near 60 last 4 days
Ham Says:
May 17th, 2012
Posted at: 9:45 pm
Hi Gitanjali,
Sorry for my mistake........ Little but confused
That was May month contract.......... I guess its at 143.80 in Jun month contract and i think the stoploss for this contract must be around 143.50-145 like SM suggested earlier...... Sorry again........
bk Says:
May 17th, 2012
Posted at: 9:45 pm
Dear Kartik,
i have buyed tatamotor 280 put today at around15.
pls advise to wait or book loss tomorrw. thanks in advance
Gitanjali Says:
May 17th, 2012
Posted at: 9:46 pm
Hi Kartik, Thanks , GN Hi Ham, I have booked out just now at 138.3.. as a small rise may occur ..Besides ,due to hedging , overall was out with gains .Really kind of you to provide those useful links ...THANK YOU ..take care
Kb Trader Says:
May 17th, 2012
Posted at: 9:47 pm
Heyyyyyyyy cbbbbbbbb ..
Ham Says:
May 17th, 2012
Posted at: 9:52 pm
Hi Gitanjali,
Some securities are recommending to buy Natural gas Jun month contract at 142 for the target of 149-151 and yes SM is right its absolutely in uptrend........
Sorry again.......
RAVI Says:
May 17th, 2012
Posted at: 9:56 pm
hi kartik, can i short ambuja cement at cmp
Ham Says:
May 17th, 2012
Posted at: 9:58 pm
Hi Kartik, Gitanjali, SM & all,
Good night and sweet dreams :)
Best wishes :)
Kartik Says:
May 17th, 2012
Posted at: 10:00 pm
Hi Sohan, most welcome
Hi Mahesh, lets wait to see how Asian ques manage to open tomorrow morning, cant be sure yet
Hi SM, GE
Hi rahul bj, it looks weak overall, strong support at 60, avoid going long yet
Hi bk, hold the Pe for 1-2 days, it can see some downside
Hi Kb Trader, GE
Hi Gitanjali, nice to know that
Hi RAVI, no, go short if it breaks 145
rahul bj Says:
May 17th, 2012
Posted at: 10:05 pm
how is looks bhel can i enter tomo intraday
SaiPalanivel Says:
May 17th, 2012
Posted at: 10:09 pm
HI KARTIK SIR,US MARKETS LAST 7 DAYS CLOSING IN FLAT OR SMALL DOWN. HOW REACT TOMORROW NIFTY LEVEL. I AM HOLD NIFTY 5000 CE 40.00 LEVELS. PLEASE ADVICE.
SaiPalanivel Says:
May 17th, 2012
Posted at: 10:12 pm
Kartik sir,nifty 4870 looks weak? some trading broker suggest this level closing nifty fall further coming days.whats your view.
Aman Says:
May 17th, 2012
Posted at: 10:28 pm
Hi Kartik..
Tomorrow's target for Relaxo pls..
Thanx..