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Intraday calls for 18-01-10

Posted on: January 18th, 2010 at 8:15 am

Markets likely to see a gap down opening. Nifty has support at 5170 and resistance at 5280.

Sell Torrent Power Ltd at 309.60, target: 299. Stoploss: 314. (dont enter at opening -markets not seeing a weak opening)

If markets see recovery later during the day, buy: Hindustan Organic Chemicals Ltd and OCL India Ltd

3.15pm – btst – buy Eelctrosteel at cmp 53.30 target: 56. Stoploss: 51

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729 Responses

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  1. INDER Says:
    January 18th, 2010
    Posted at: 7:44 pm

    Dear Kartik
    Also plz answer my query too
    Waiting for ur valuable response
    Also plz tell at wat level i should enter wipro n sonata?


  2. Ram M Says:
    January 18th, 2010
    Posted at: 7:45 pm

    Thanks Kartik.... But what will be the time frame. And if RBI increase the CRR, etc then willl it able to go up or will move down instead?


  3. imran pathan Says:
    January 18th, 2010
    Posted at: 8:11 pm

    SUGGEST ME SMALL STOCK SHOULD BE NEAR @20 FOR SIX MONTH


  4. raghu Says:
    January 18th, 2010
    Posted at: 8:14 pm

    hiiii CB/kartik
    at what level shd i exit electrosteel 2mrw???shd i wait for cmplt day or exit in morning move only???


  5. varun soni Says:
    January 18th, 2010
    Posted at: 8:38 pm

    hey kartik...Gujarat Fluorochemicals Ltd. lookin good on charts..shal i buy for intraday tmrw?


  6. sanzy Says:
    January 18th, 2010
    Posted at: 9:00 pm

    i'm holding NTPC 235 CE @ 3.75 and IFCI 60 CE @ .70 paise...
    pls advice what to do...


  7. Suresh Says:
    January 18th, 2010
    Posted at: 9:09 pm

    Hi Karthik & CB, your views on Balrampur Chini,, for the last one week inspite of the sugar prices going up,, this stock value is coming down. What your view on this for Jan expiry?
    Thanks,,,,,


  8. saravan Says:
    January 18th, 2010
    Posted at: 9:19 pm

    Hi kartik,

    what abt Sobha developers, showing some good move past days......... how can it can go further, is it right time to enter or not........


  9. sudheer Says:
    January 18th, 2010
    Posted at: 9:27 pm

    Hi Karthik Can we enter NOCIL tomorrow for short term? Thanks in advance.


  10. Rushi Says:
    January 18th, 2010
    Posted at: 10:17 pm

    hello Karthik , I have 3 lot of MULTIBASE India Ltd. @39.00, today closed at 31.75, pls avise me ....


  11. rashid Says:
    January 18th, 2010
    Posted at: 10:17 pm

    why american market not there


  12. narayan Says:
    January 18th, 2010
    Posted at: 10:20 pm

    hello kartik/cb

    pls advice me over, to buy ds stocks exide indutrs, ambuja cement,tourism finance, and century extr


  13. Kartik Says:
    January 18th, 2010
    Posted at: 10:23 pm

    Hi INDER, sorry, dont enter them yet, wait for some more time

    Hi Ram M, its likely to do well in the coming days, hold it

    Hi raghu, exit it at 56 levels

    Hi imran pathan, buy some of Confidence petro and BGIL films

    Hi varun soni, its run up a lot in the past few days, it could be a risky bet to enter now

    Hi Suresh, sugar stocks tend to go up during some festive season, hold it for some more time

    Hi sanzy, hold them with a SL at 5220 on Nifty

    Hi sudheer, it would be better to wait for some time

    Hi Rushi, lots?, hold it for Short term, it can do well

    Hi rashid, U.S markets are closed today


  14. narayan Says:
    January 18th, 2010
    Posted at: 10:31 pm

    helo kartik,

    pls advice me???????


  15. Rushi Says:
    January 18th, 2010
    Posted at: 10:32 pm

    thanx 4 advice Karthik.


  16. Kartik Says:
    January 18th, 2010
    Posted at: 10:35 pm

    Hi narayan, hold Sterlite for some more time, they posted good results today, dont enter anything yet, wait for a dip in them

    Hi Rushi, most welcome

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