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Intraday calls for 20-04-10

Posted on: April 20th, 2010 at 8:23 am

Markets likely to see a flat opening. Support for nifty is at 5150 and resistance at 5260

If markets show recovery later during the day, buy: Time Technoplast & DIC India – (DIC India – book profits at 259)

1.49pm – to hedge longs buy a 5200 put at cmp 50.75 with sl at 5260

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639 Responses

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  1. Gitanjali Says:
    April 20th, 2010
    Posted at: 11:44 am

    Hi Kartik, OK Thanks ...How does it appear in the charts..please for next 2 days ..


  2. Kartik Says:
    April 20th, 2010
    Posted at: 11:45 am

    Hi Manthan.R, :)

    Hi abc, go with hero honda and m&m

    Hi Gitanjali, looks good.


  3. shiva Says:
    April 20th, 2010
    Posted at: 11:45 am

    i already hv kamdhenu ispat @ 27...what to do? exit / hold / avg


  4. ANIL Says:
    April 20th, 2010
    Posted at: 11:46 am

    hi kartik is there any chances to go market down should i short nifty at cmp??


  5. Kartik Says:
    April 20th, 2010
    Posted at: 11:46 am

    Hi shiva, its a hold. dont avg yet


  6. Kartik Says:
    April 20th, 2010
    Posted at: 11:46 am

    Hi ANIL, wait till europe opens. dont go short yet. may remain flat for some time.


  7. harsh Says:
    April 20th, 2010
    Posted at: 11:46 am

    hi, triveni industries...i hv 300 shares at Rs 120............what shud i do? why has it gone down so much yesterday?


  8. manoj Says:
    April 20th, 2010
    Posted at: 11:47 am

    HI KARTIK,
    I have bought IBREALEST @167.5 and R COM @168.What will be intraday target.Please suggest me


  9. srg Says:
    April 20th, 2010
    Posted at: 11:47 am

    Kartik, TCS doing wierd. HSBC puts overweight rating on it with a target of 890. Results are good. Markets are up. Then why is it in red?


  10. suzane Says:
    April 20th, 2010
    Posted at: 11:48 am

    cb/kartik, ur view for IRB today intraday ... Cmp is 278 ... How much can it increase more ??? What if holding till tommorow ??


  11. Kartik Says:
    April 20th, 2010
    Posted at: 11:48 am

    Hi harsh, yes, keep it for short term. will bounce back

    Hi manoj, ib can see 170. rcom around 169.50

    Hi srg, yes, if holds onto 790, can see some bounce. guess due to profit booking after good results.


  12. abc Says:
    April 20th, 2010
    Posted at: 11:48 am

    can i enter sonata software at cmp?


  13. Kartik Says:
    April 20th, 2010
    Posted at: 11:48 am

    Hi suzane, can see 280. hold onto it.


  14. Kartik Says:
    April 20th, 2010
    Posted at: 11:49 am

    Hi abc, wait for some time to enter it.


  15. Kartik Says:
    April 20th, 2010
    Posted at: 11:49 am

    Hi shiva, if comes down to 14-15.


  16. manmin Says:
    April 20th, 2010
    Posted at: 11:50 am

    hi kartik is the credit policy is good or bad for IT sector?

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