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Intraday calls for 23-12-09

Posted on: December 23rd, 2009 at 9:12 am

Markets likely to open flat. Support for nifty is lower at 4920 and resistance at 5000.

Buy Gujarat Mineral Development Corporation Ltd at 144.35, target: 153. Stoploss: 140.

2.40pm – btst – buy USHAMART at 79.50 target 85, stoploss 77

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739 Responses

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  1. Akila Says:
    December 23rd, 2009
    Posted at: 6:15 pm

    Hi Kartik

    what a gr8 day it was! I was hoping this to happen on Monday! and it has happened today..Well all my large cap index stocks did beautifully well today... Booked profits in Relcap at day's high @ 855, booked part profits in sterlite @ 849; averaged jet hoping it will move up tomorrow since it did not show any movement today... Koutons showing a very nice movemnet after i picked it up at the 52 week low on friday...

    still holding on to LIC @ 787 , aptech @178 and host of others like bartronics, jet, areva etc.

    Lets hope for a continuation of the rally to take the nifty to 5200 plus before the long weekend..

    Am sure all our friends here would have had a field day today...


  2. senthil Says:
    December 23rd, 2009
    Posted at: 6:20 pm

    Hai! karthik wht s ur next swing calls ? any calls for a week target and view on
    sunpharma ?


  3. naveen Says:
    December 23rd, 2009
    Posted at: 6:22 pm

    How is indiabulls securities for short term?


  4. Akila Says:
    December 23rd, 2009
    Posted at: 6:23 pm

    Akila Says:
    December 21st, 2009 Posted at: 1:34 pm
    CB… ICICI seems to pulling up the market out of danger… will there be some sudden upmove of nifty upto 5150 and surprise everyone?

    ..... the upmove in icici made be have a gut feeling that will we see 5150 soon. though at that particular time it seemed impossible...


  5. Mano Says:
    December 23rd, 2009
    Posted at: 6:36 pm

    Hi Kartik/CB, Whats the nifty view? European markets have made a breakout and looks good for further 5% move. If that is followed, nifty is looking good for 5350. Comments please


  6. jigs Says:
    December 23rd, 2009
    Posted at: 6:40 pm

    hi i have pondy comm till what time i should i hold @ 24 what will be the target


  7. fouzan Says:
    December 23rd, 2009
    Posted at: 6:57 pm

    hello kartick

    i have not sold today gmdc

    will tomorrow increase it price


  8. dd Says:
    December 23rd, 2009
    Posted at: 7:09 pm

    Hi CB, Is it good to buy GVKPIL january call option strike price 50; now @ 2.00 premium?


  9. Priyanka Says:
    December 23rd, 2009
    Posted at: 7:18 pm

    Hi Karthik.... Any views/targets on Orbit Corporation ,


  10. shyla Says:
    December 23rd, 2009
    Posted at: 7:32 pm

    dear karthi
    what is the meaning of btst call?


  11. ani Says:
    December 23rd, 2009
    Posted at: 7:40 pm

    hai karthic i want the targets 4 the following stocks tomorrow pl.... electrosteelcastings,chambalfert,praj, 3i info,hotel leela,suzlon. can i buy wockhardt pharma now. i already have wock 100 @176 why it is not raising. i want the reason.


  12. ramsingh Says:
    December 23rd, 2009
    Posted at: 7:41 pm

    Hai CB / Kartik
    We have buy Austral coke.At what level to buy.


  13. shiva Says:
    December 23rd, 2009
    Posted at: 7:41 pm

    Hi shyla, its Buy Today Sell Tomorrow


  14. Kartik Says:
    December 23rd, 2009
    Posted at: 7:47 pm

    Hi Akila, yes, lets hope for the best, above 5200 we could see some more upside

    Hi senthil, as of now no calls, dont enter sunpharma yet

    Hi naveen, its a strong bet

    Hi Mano, if we mange to give a close above 5200 we could see 5250-5300 levels

    Hi ramsingh, you may enter it at CMP for Long term

    Hi ani, dont add more of wockhardt pharma as of now, its a good bet for Short and will do well once Mid caps start performing, the stocks you mentioned can add 2-3% tomorrow if markets remain positive

    Hi shiva, thanks

    Hi Priyanka, its a strong bet for Long term

    Hi dd, dont enter yet, wait for some time

    Hi fouzan, yes, it should do well tomorrow

    Hi jigs, I guess you meant Pondy Oxides & Chemicals Ltd, the company is not so strong fundamentally, exit it on any rise


  15. shiva Says:
    December 23rd, 2009
    Posted at: 7:50 pm

    HI kartik,

    i have ushamartin @ 79.3 ....will it reah 85 tomorrow??? when shall i exit??
    r we expected to open gap up?


  16. saniya Says:
    December 23rd, 2009
    Posted at: 7:51 pm

    any of reliance ind , jpassoc , IFCI , rel cap r buy @ cmp??

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