Intraday calls for 23-02-12
Markets likely to see a flattish opening. Support for nifty is at 5420 and resistance at 5550.
Sell Tata steel 472-474, target: 465. Stoploss: 479. – (Book profit in Tata steel at 468)
1.27 pm – Buy LIC housing at 252, target: 260. Stoposs: 247 – (Book profit in LIC at 260)
2.11 pm – buy M&M at 735, target: 747. Stoploss: 725 – (Exit M&M at 733)
For a Technical view on Nifty, Axis bank, BHEL & Jindal steel – Click here
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DJ Says:
February 23rd, 2012
Posted at: 9:04 pm
Kartik
i wanted to know if nifty goes to 5420,where upto tata steel can slide?
Rise Says:
February 23rd, 2012
Posted at: 9:05 pm
also what about crompton greaves...holdin it at 186???
VJ Says:
February 23rd, 2012
Posted at: 9:17 pm
Hello CB,
Can you suggest one F&O stocks for short sale for intraday for tomorrow.
VJ
Deepak Bedi Says:
February 23rd, 2012
Posted at: 9:26 pm
Hi Kartik... GE... How is SBI looking... I'm holding Mar 2200 PE @ 83... What are target nd stop loss levels for the next few days... Please advice??
Kartik Says:
February 23rd, 2012
Posted at: 9:41 pm
Hi DJ, around 455
Hi VJ, Tata steel below 475 looks good for short
Hi Deepak Bedi, hold it for 2-3 days, keep a Sl at 2280, can see some downside if Markets weakens
Kartik Says:
February 23rd, 2012
Posted at: 9:42 pm
Hi Rise, keep a tight SL at 145 for 50% of it, hold the rest for long term, seems may trake a while to recover
Deepak Bedi Says:
February 23rd, 2012
Posted at: 9:48 pm
Thanks Kartik... :)
ginkle Says:
February 23rd, 2012
Posted at: 9:50 pm
Hi Kartik, I have shorted dlf at 234 whats your view on that target and SL??
DJ Says:
February 23rd, 2012
Posted at: 9:54 pm
Thx a lot kartik
Taj Says:
February 23rd, 2012
Posted at: 10:00 pm
Hi all,
I have been buying in stocks using SIP format since September 2011, when Nifty was 5200+. Thereafter, Nifty fell to 4550 and went up as of today. I have been continuously buying daily since Sept and now I have accumulated massive profits. So, should i sell off my holdings or wait for higher targets?
RAVI Says:
February 23rd, 2012
Posted at: 10:07 pm
hi kartik, back to back fall in ivrcl infra & l&t finance over 4-5% do we see some recovery from tommorow or kindly suggest good suport lvl of both
Kartik Says:
February 23rd, 2012
Posted at: 10:35 pm
Hi Deepak Bedi, most welcome
Hi Taj, to be on the safe side, book 60% profits in them at CMP, continue to hold the rest for some more time
Hi RAVI, both seem to see profit booking, support at 45 for LT FInance and 52 for IVRCL, might see some consolidation at current levels before moving higher
Hi DJ, most welcome
Kartik Says:
February 23rd, 2012
Posted at: 10:36 pm
Hi ginkle, hold the short for a target of 228 in 2-3 days, keep a SL at 238 (cash)
CA.Tejas Says:
February 23rd, 2012
Posted at: 10:41 pm
Hi Kartik, Today I have purchased EID @ 199.50 & Manappuram @ 44.35.... what tgt I can expect??
Ashok Singh Says:
February 23rd, 2012
Posted at: 10:42 pm
Kartik Sri, Can you suggest one Indian Pharma (J.B.CHEMICALS)
Ashok Singh Says:
February 23rd, 2012
Posted at: 10:57 pm
psu banks like SYNDICATE BANK (108.45) or UCO BANK (84.90) in NSE
intraday for tomorrow.