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Intraday calls for 19-03-2013

Posted on: March 19th, 2013 at 8:32 am

Markets likely to open flat, support for Nifty at 5785 and resistance at 5930

Buy Gmr Infra around 21.15, Target: 22, SL 20.65 – (Exit from GMR infra at 20.90)

1.31pm – Sell BHEL (fut) at 188.80, target: 181. Stoploss: 193 (1-2 day hold)

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215 Responses

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  1. van Says:
    March 19th, 2013
    Posted at: 8:56 am

    KARTIK, shall i short ICICI BANK?


  2. selva Says:
    March 19th, 2013
    Posted at: 8:56 am

    gm cb & karthik sir

    sir i am hand in pantaloonr fut @ 182 hold r sell ? any sl pls


  3. Karan Sharma Says:
    March 19th, 2013
    Posted at: 8:57 am

    Hi Kartik,

    Thanks for answering the query.

    What can be the SL for the position.

    Sold Sterlite (Futures) @ 97/-.


  4. ponraj Says:
    March 19th, 2013
    Posted at: 8:59 am

    hello CB/karthik sir,

    im having IOB 50 shares 71.20 want to know target.
    rpower buy price and target
    Neyveli lignite corporation ist good for long term preferred to buy today.
    thank you sir


  5. Kartik Says:
    March 19th, 2013
    Posted at: 9:03 am

    Hi van, Yes, can be shorted for a couple of days, it looks ewak overall

    Hi selva, keep a SL at 172 and hold it, technicaly below 180 it looks weak

    Hi Karan Sharma, keep a SL at 98 (cash)

    Hi ponraj, IOB looks ewak for now, avoid it, dont enter Rpower and Neyveli Lignite yet, they look weak technically


  6. Vishal Says:
    March 19th, 2013
    Posted at: 9:03 am

    Hi Kartik, What target we can see in BankNifty in March series? 12700+ possible?


  7. Kartik Says:
    March 19th, 2013
    Posted at: 9:04 am

    Hi Vishal, not really sure, as there's RBI meet today


  8. SS Says:
    March 19th, 2013
    Posted at: 9:04 am

    Hi Kartik, GM

    How do you see ONGC and Telco today ?


  9. Kartik Says:
    March 19th, 2013
    Posted at: 9:05 am

    Hi SS, Tata Motors looks weak below 295, may conintue to trade flat/lower, ONGC may trade flat


  10. van Says:
    March 19th, 2013
    Posted at: 9:08 am

    THANKS KARTIK


  11. VS Says:
    March 19th, 2013
    Posted at: 9:08 am

    HI Kartik/CB..

    I wish to buy SBI 2150 Put and 2400 Call in morning....is it right time & Price to enter?


  12. Kartik Says:
    March 19th, 2013
    Posted at: 9:09 am

    Hi van, most welcome

    Hi VS, no, avoid it, can be risky ahead of the RBI meet today


  13. ponraj Says:
    March 19th, 2013
    Posted at: 9:09 am

    sir at what price i can exit iob?
    plz suggest some shares for short term


  14. Kartik Says:
    March 19th, 2013
    Posted at: 9:10 am

    Hi Vishal, no, dont enter Unitech, it looks weak

    Hi ponraj, try to exit on rise around 72 today, Dabur India loks good for Short term


  15. ponraj Says:
    March 19th, 2013
    Posted at: 9:14 am

    thanks karthik sir


  16. pavan Says:
    March 19th, 2013
    Posted at: 9:14 am

    Hi Kartik, HI GOOD MORNINNG
    I BOUGHT MCDOWELL 2050 CE AT 35.55/- NOW 28/- PLS TELL ME WHAT CAN I DO..?

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