Quotes with Resistance & Support
Market Information

Intraday calls for 21-06-10

Posted on: June 21st, 2010 at 8:25 am

Markets likely to see a gap up opening. Resistance for nifty is at 5330.

Buy United Phosphorus Ltd at 190.30, target: 198. Stoploss:186

If markets show weakness later during the day, sell: ICICI Bank

Trade in small quantities.

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613 Responses

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Comment pages: 282930313233343536Show all

  1. Anand Says:
    June 21st, 2010
    Posted at: 2:52 pm

    Hi kartik,
    u didnt answer my query on fortis


  2. S.MAHESH Says:
    June 21st, 2010
    Posted at: 2:52 pm

    Hi All.
    AMAR can be brought for very short term target of 72 to 74.


  3. smitha Says:
    June 21st, 2010
    Posted at: 2:52 pm

    Hi Kartik, I am holding jp asso. @ 136, plz advise one week tgt. thanks


  4. MC Says:
    June 21st, 2010
    Posted at: 2:53 pm

    THANKS KARTIK,SORRY 4 COMMENTING ON NIFTY LEVEL.I am very small to predict nifty.


  5. LEO Says:
    June 21st, 2010
    Posted at: 2:53 pm

    Hi Kartik,

    whether Anil's stock will fall in a week .....


  6. Anirudh Says:
    June 21st, 2010
    Posted at: 2:55 pm

    Hello kartik,

    My broker advices Tata metallic for BTST. Can I enter @ CMP. T'mrw's
    target pl!


  7. Kartik Says:
    June 21st, 2010
    Posted at: 2:55 pm

    Hi arun bj, there's a split in the ratio of 2-for-1 and liberal 1:1 bonus issue, so you'll now be having 10 (old) + 5 (bouns) + 5(liberal bonus) == 20 Shares, at at price around 218-220

    Hi nagesh, wait till tomorrow

    Hi LEO, not likely

    Hi MC, no issues, feel free to post your views

    Hi smitha, it can see 150 in 2-3 months time

    Hi Anand, yes, you may enter it for 3-4 months time at CMP, it can do well

    Hi smh, dont Hedge yet, it would be better to wait till tomrrow

    Hi sg, dont go short on it yet


  8. Kartik Says:
    June 21st, 2010
    Posted at: 2:56 pm

    Hi Anirudh, you may enter it above 146


  9. amit chatterjee Says:
    June 21st, 2010
    Posted at: 2:57 pm

    5300 call at 74.35, come out or hold ? pl advice.


  10. Anirudh Says:
    June 21st, 2010
    Posted at: 2:57 pm

    Thanks kartik. Pl. let me know tmrw's target


  11. DS Says:
    June 21st, 2010
    Posted at: 2:57 pm

    Dear All,

    Apparently there is some kind of a problem with On Mobile. Many of the employees are already cashing in on their ESOP's. CMP : around 300. Expected tgt of 260. Suggest dont enter in June Futures since expiry is close by and do this in July Futures. Disclosure. Have shorted at 298 myself. So please think abt it yourself and then only act. But worth a calculated risk in my opinion. Suggest sell with Day's high as SL


    Warm Regards,

    DS


  12. AT Says:
    June 21st, 2010
    Posted at: 2:58 pm

    Kartik sir..........u missed my query posted @ 2.32


  13. Kartik Says:
    June 21st, 2010
    Posted at: 2:59 pm

    Hi amit chatterjee, hold it with a traling SL at 5350 in Intraday

    Hi DS, thanks for the update

    Hi Anirudh, around 152


  14. Kartik Says:
    June 21st, 2010
    Posted at: 3:02 pm

    Hi fayzad, since the company will buy some stake, it will have to invest fresh money (which might come from loans or the promoters might sell some stake) to gather the required amount, tough in the near term its negative, but in the long term its going to be positive, since the sales and operations of the company will increase, hope you get it


  15. Sabu Says:
    June 21st, 2010
    Posted at: 3:03 pm

    Hi DS,

    Thanks for your update.
    Even 2 months back, I heard the same news about Onmobile.


  16. Kartik Says:
    June 21st, 2010
    Posted at: 3:04 pm

    Hi AT, sorry, dont add more yet, hold it for some more time with a tight SL at 5380

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