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Intraday calls for 21-05-10

Posted on: May 21st, 2010 at 8:20 am

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Markets likely to see a gap down opening. Support for nifty is at 4820.

Buy Sun Pharmaceuticals Industries Ltd on dips with Stoploss at 1530

2.59pm – Btst – buy aban offshore at 677 target 693. stoploss: 658 (trade in small quantity)

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745 Responses

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Kartik Says:
May 21st, 2010
Posted at: 3:21 pm
Hi vinod, hold it for short term if possible.
Hi sr, hold onto it. can see some bounce on monday
Hi sanzy, may remain a bit flat it seems.
Kartik Says:
May 21st, 2010
Posted at: 3:21 pm
Hi Akash, as of now enter it in small quantity
Kartik Says:
May 21st, 2010
Posted at: 3:22 pm
Hi Anand, can see 235.
sr Says:
May 21st, 2010
Posted at: 3:22 pm
thanks kartik. just a technical query. It has formed a kind of indecisive doji on daily chart after a huge run up. Is it still looking good?
sanzy Says:
May 21st, 2010
Posted at: 3:22 pm
i think a short covering will come before expiry...ur views..
Ram M Says:
May 21st, 2010
Posted at: 3:22 pm
Thnx Kartik
Kartik Says:
May 21st, 2010
Posted at: 3:23 pm
Hi sr, yes. overall looks a bit weak.
Hi sanzy, would come in if nifty manages to cross resistance at 5000
Kartik Says:
May 21st, 2010
Posted at: 3:23 pm
Hi Ram M, most welcome
suzane Says:
May 21st, 2010
Posted at: 3:23 pm
Hi Kartik, shall i hold it for tommorow or book loss ?? :(
sr Says:
May 21st, 2010
Posted at: 3:23 pm
great :-)
thanks.
Kartik Says:
May 21st, 2010
Posted at: 3:24 pm
Hi suzane, yes, hold it
Hi sr, most welcome
Hi Akash, hold it for some time
nitin Says:
May 21st, 2010
Posted at: 3:24 pm
kartik and cb you people are angels. Because of your suggestion only i holded jindal saw educomp sol and aban offshore and didnt sell in panic thanks for your moral support which is priceless to me.
sanzy Says:
May 21st, 2010
Posted at: 3:25 pm
k thanks for ur views karthik...i'm hoping for a short covering rally of atleast 60-100 points as i'm holding Nifty 5000CE at 41...ll hold till monday...
Kartik Says:
May 21st, 2010
Posted at: 3:25 pm
Hi nitin, thanks for your kind comments. you are always welcome.
Kartik Says:
May 21st, 2010
Posted at: 3:25 pm
Hi sanzy, yes, hold it. if dow closes positive, then can see some upmove.
ARIJIT Says:
May 21st, 2010
Posted at: 3:26 pm
hi kartik,
i entered aban at 277 and exited at 286. can i enter again?