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Intraday calls for 20-01-11

Posted on: January 20th, 2011 at 8:29 am

Markets likely to open lower, strong support for Nifty at 5640

Sell Tata steel around 640, Target: 630, SL 648

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658 Responses

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  1. Deepak7791 Says:
    January 20th, 2011
    Posted at: 9:21 am

    Dear Kartik

    Tomorrow is BHEL result and today it down by 24 Rs now at 2157.

    a) How are the results expected to be ?
    b) Will it collapse tomorrow or start upward movement to 2240 levels in this expiry?


  2. askimaski toss Says:
    January 20th, 2011
    Posted at: 9:21 am

    APTECH SHARES DOWN MORE THAN 1 PCT AFTER RESULTS

    Asian stocks retreated from two-month highs and the euro was hit by a bout of profit-taking on Thursday, felled by a disappointing slate of earnings from Wall Street heavyweights.


  3. Gitanjali Says:
    January 20th, 2011
    Posted at: 9:21 am

    Hi Kartik, Thanks .. May i kindly know ..if I am to hold for a few more days or ..continue to hold , for a few more hrs ..this day ..pl?
    [I shall not be at the terminal later]


  4. Kartik Says:
    January 20th, 2011
    Posted at: 9:22 am

    Hi Deepak7791, cant be sure of the results yet, would be better to wait for some time

    Hi askimaski toss, GM, thanks for the updates


  5. Ravi Says:
    January 20th, 2011
    Posted at: 9:22 am

    can i short nagarjuna constructions some of my shares at this level, again to buy later when comes down, please tell me where to short and where to buy


  6. Kartik Says:
    January 20th, 2011
    Posted at: 9:22 am

    Hi Gitanjali, yes, hold it for 1-2 days


  7. rameshb Says:
    January 20th, 2011
    Posted at: 9:22 am

    HI, PL ALSO GIVE REVISED SL FOR TATA IF I SHORT AT 638


  8. askimaski toss Says:
    January 20th, 2011
    Posted at: 9:23 am

    SHARES IN SKS MICROFINANCE UP NEARLY 4 PCT IN TRADE


  9. Kartik Says:
    January 20th, 2011
    Posted at: 9:23 am

    Hi Ravi, go short below 113 for a target of 110


  10. AJ Says:
    January 20th, 2011
    Posted at: 9:23 am

    What levels for BAJAJ HOLDING today?


  11. dak Says:
    January 20th, 2011
    Posted at: 9:23 am

    Kartik, is 5640 a strong enough support to go long in nifty futures ?


  12. nattu bhai Says:
    January 20th, 2011
    Posted at: 9:24 am

    when will markets get stable


  13. Kartik Says:
    January 20th, 2011
    Posted at: 9:24 am

    Hi AJ, not sure of it for intraday

    Hi dak, no (likely to break it)


  14. kiran Says:
    January 20th, 2011
    Posted at: 9:24 am

    hi karthik how will be the market today?


  15. DHIVA Says:
    January 20th, 2011
    Posted at: 9:24 am

    hi kartik,
    shall i buy NIFTY 5600PE?


  16. Gitanjali Says:
    January 20th, 2011
    Posted at: 9:24 am

    Hi Kartik, OK..Thanks ..
    Best of everything to yourself and everyone else here .

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