Intraday calls for 20-09-12
Markets likely to open flat, support for Nifty at 5580, resistance at 5630
Buy Tech Mahindra around 900, Target: 920, SL 888
(trade in small quantity)
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Akash Says:
September 20th, 2012
Posted at: 8:20 am
Hi CB/ Kartik/ SR, can we expect gap down opening of around 60-70 points today? Also, shud I hold 5500 PE for target 70-80 in 1-2 days before Nifty moves up again for target 5900-6000+ in 1-2 months?
vishnu Says:
September 20th, 2012
Posted at: 8:22 am
Hi CB,
What about Pantaloon Retail today.The govt message is they are not going to rollback the FDI& firm on it not to roll back, and they got the numbers they needed.Can we expect 190 by Sep 27,because i am holding 200 CE Sep series.Please advice
avik Says:
September 20th, 2012
Posted at: 8:26 am
hello every one, good morning...:)
Kartik Says:
September 20th, 2012
Posted at: 8:27 am
Hi Akash, not likely, SGX seems to be trading flat
Hi vishnu, hold it with a SL at 175, its likely to see some consolidation around 175-180 levels for 1-2 days before moving higher
Hi avik, GM
Akash Says:
September 20th, 2012
Posted at: 8:30 am
Hi Kartik, Ohh.. Then shud i exit and buy either 5800 CE for Sep or better to buy SBI CE for 5-6 times return?
SaiPalanivel Says:
September 20th, 2012
Posted at: 8:31 am
HI avik,GM.YOUR GUESS IS FALLS NIFTY OPEN FLAT BUY/SELL AFTER SEE MARKET REACT ACTUALLY ABOVE 5550 BUYING INTEREST ON MARKET. MY VIEW.
Sandip Says:
September 20th, 2012
Posted at: 8:32 am
Hi Kartik,
Good morning..
Kartik Says:
September 20th, 2012
Posted at: 8:32 am
Hi Akash, wait for a breakout either ways (mentioned support and resistance lvls)
Kartik Says:
September 20th, 2012
Posted at: 8:32 am
Hi Sandip, GM
SS Says:
September 20th, 2012
Posted at: 8:33 am
Support and reversal at 5586-5562 level.(Break will take to 5535-5502-5481 )
Hi Kartik, Good Morning
Do you see correction in SBI/BoB ? Tgt ?