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Intraday calls for 20-04-12

Posted on: April 20th, 2012 at 8:25 am

Markets likely to open slightly lower. Support for nifty is at 5280.

Buy HDFC Bank at 548-550, target: 564. Stoploss: 538 – (continue to hold as BTST)

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464 Responses

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  1. Imran khan Says:
    April 20th, 2012
    Posted at: 2:49 pm

    Hi SAI ,

    yes, today i prayed to allah also for doing good for me :) see the results


  2. Ham Says:
    April 20th, 2012
    Posted at: 2:50 pm

    Hi SS, Yes am bearish on market since one week.........


  3. akila Says:
    April 20th, 2012
    Posted at: 2:51 pm

    but why this crash today? just profit booking or any negative news?


  4. divyesh Says:
    April 20th, 2012
    Posted at: 2:51 pm

    Hi Cb,


    I feel that market will be moe volantile fom monday to Wednesday as there is expiry is near to roll over and cut the prices of Puts/calls....pls check and advise in board to avoid such wrong trading fro losses


  5. Ham Says:
    April 20th, 2012
    Posted at: 2:52 pm

    Hi SS, But dont know about Dr. Reddys as i never trade in scripts........ better to wait for legends CB/Kartik


  6. Imran khan Says:
    April 20th, 2012
    Posted at: 2:54 pm

    Hi HAm,

    nifty is recoverying back to 5280 now should we exit put options


  7. Chanakya Says:
    April 20th, 2012
    Posted at: 2:55 pm

    airbites , what a prediction ...........what's your down side target for nifty.....


  8. SS Says:
    April 20th, 2012
    Posted at: 2:57 pm

    Hi Ham,
    Thanks. Should I continue holding Reddy's and Cairn short ?


  9. ARCHANA Says:
    April 20th, 2012
    Posted at: 3:00 pm

    hi cb......gud noon..............can i enter sbin 2300 pe......?


  10. divyesh Says:
    April 20th, 2012
    Posted at: 3:07 pm

    Hi ARCHANA, better to avoid now


  11. subodh Says:
    April 20th, 2012
    Posted at: 3:07 pm

    Hi Imran khan, Thanks for your prayers...i was holding 2 put's waiting for the market to crash...Today it has payed off....Expecting monday reliance to crash off (Ooops sorry Mukhess).........


  12. Ham Says:
    April 20th, 2012
    Posted at: 3:08 pm

    Hi Imran khan, Sell Apr options on every rise/dip ASAP as there is no time and its better to hold may's......


  13. RAVS Says:
    April 20th, 2012
    Posted at: 3:12 pm

    Hi Ham, 5300 put again came to 47 after hitting 80. Any chance of it to come to 70-80 in 1-2 days. Holding at 81. Plz suggest


  14. G Says:
    April 20th, 2012
    Posted at: 3:14 pm

    can i buy reliance 740 pe @ 21.50?


  15. Ham Says:
    April 20th, 2012
    Posted at: 3:15 pm

    Hi RAVS, Fresh shorts are seen in the markets and so am expecting further downside and as i said earlier avoid Apr month F&O for ur own sake..... better shift into may as u have plenty of time to hold without any fear.....


  16. Sush Says:
    April 20th, 2012
    Posted at: 3:15 pm

    Hi Ham! Can I hold my 5300 PE till Monday bought @ 40. Pls suggest

    Thnx

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