Quotes with Resistance & Support
Market Information

Intraday calls for 22-02-13

Posted on: February 22nd, 2013 at 8:25 am

Markets likely to open flat, Support for Nifty at 5830, resistance at 5960

Buy Godrej Consumer around 758, Target: 771, SL 748 – (SL triggered in Godrej consumer)

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359 Responses

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  1. SS Says:
    February 22nd, 2013
    Posted at: 8:58 am

    Hi Kartik, GM

    Any bounce in REC, SBI, BOI ?


  2. Aparna Chowdhury Says:
    February 22nd, 2013
    Posted at: 8:58 am

    Gd Morning sir....can hindalco be short here...what will be the terget and SL.....


  3. Kartik Says:
    February 22nd, 2013
    Posted at: 8:58 am

    Hi vickys, nothing new on the short side for now

    Hi AJ, its likely to open higher and see profit oboking, avoid it


  4. Kartik Says:
    February 22nd, 2013
    Posted at: 8:59 am

    Hi Akash, I suppose the PE would 15-20% if the stock drops 10rs in cash, which is quite good returns in a couple of days


  5. Kartik Says:
    February 22nd, 2013
    Posted at: 8:59 am

    Hi Aparna Chowdhury, Yes, can be shorted for a target of 102 in 2-3 days time

    Hi SS, GM, not likely, seems may continue to trade flat/lower


  6. shahid Says:
    February 22nd, 2013
    Posted at: 9:01 am

    hi kartik sir i bought nifty 600 ce @21 pls give view of nifty 6000 CE


  7. chetan Says:
    February 22nd, 2013
    Posted at: 9:04 am

    hi sir,
    can i buy allahabad bank ?for short term


  8. R K Says:
    February 22nd, 2013
    Posted at: 9:05 am

    Dear CB/KB Trader,

    I bought Tata Steel 360 put. Shall i hold upto expiry day or exit today?


  9. Kartik Says:
    February 22nd, 2013
    Posted at: 9:05 am

    Hi Akash, no, not really sure of such trades

    Hi shahid, hold it with a SL at 5830 (strong support for Nifty)


  10. Kartik Says:
    February 22nd, 2013
    Posted at: 9:05 am

    Hi R K, Yes, continue to hold it, can see some more downside ahead


  11. Kartik Says:
    February 22nd, 2013
    Posted at: 9:05 am

    Hi chetan, it looks weak below 150, dont enter it yet


  12. AM Says:
    February 22nd, 2013
    Posted at: 9:05 am

    Hi Kartik, Sir buy axis bank (pe 1400) 26.20.
    pli..s/l & tar


  13. Kartik Says:
    February 22nd, 2013
    Posted at: 9:07 am

    Hi AM, enter if it breaks 1385 (suppor at 1400)


  14. Akash Says:
    February 22nd, 2013
    Posted at: 9:07 am

    Hi Kartik, But buy SUn Phara 820 CE for target b50-60 or yes Bank PE for stock tyarget 425-430 in 2-3 days?


  15. Akash Says:
    February 22nd, 2013
    Posted at: 9:09 am

    Hi Kartik, Looks liike Ambuja will open 2-3 Rs. dwn. I will not get anything in CE now. May need to sell at 1 Rs. which means all money gone. So I am exiting and selling all stocks and buying Sun 820 CE or shud I buy yes bank 460 PE for target min 20+


  16. ss Says:
    February 22nd, 2013
    Posted at: 9:09 am

    kartik, what about AXIS BANK to short?

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