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Intraday calls for 24-05-10

Posted on: May 24th, 2010 at 8:19 am

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Markets likely to see a gap up opening. Resistance for nifty is at 5000 and support at 4850

Buy Allahabad Bank at 156.75, target: 162. Stoploss: 153
Buy Dewan Housing at 219.85, target: 227. Stoploss: 214. (book at 225)

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616 Responses

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Comment pages: 26 27 282930 31 32 33 34 Show all

suzane Says:
May 24th, 2010
Posted at: 2:38 pm
Hi Kartik, Hey dear .. Whats ur view for pirhealth now looking at the running market ... Why its not moving up ?? Am much more worried about it .. I have to square it off in 2-3 days .. What should i do ??
Whats the reason it not moving up..
Its in uptrend or down trend ??
:( .. Help me and also inform me how long do i have to wait to achieve 650+ levels
Coz after a news based drop i wished it to move up technically ??
Kranthi Says:
May 24th, 2010
Posted at: 2:38 pm
Hi Kartik,
Can I buy RNRL ?
SunilRao Says:
May 24th, 2010
Posted at: 2:38 pm
Thanks Kartik, What's a reasonable target / S.L.?
nitin Says:
May 24th, 2010
Posted at: 2:39 pm
i ve kesoram at 385... shall i average it out or book loss... pls avice
kumar Says:
May 24th, 2010
Posted at: 2:39 pm
Kartik, wat s ur view of nifty at closing level today
abc Says:
May 24th, 2010
Posted at: 2:40 pm
Hi Kartik,
Holding DB Realty shares IPO puurchase @468. CMP 397. What to do
nalini Says:
May 24th, 2010
Posted at: 2:41 pm
sir i bought aban@709 please give today tar please
Kb Says:
May 24th, 2010
Posted at: 2:41 pm
Hi Kartik, byeee karthik. .. Have a nice eve .. im going out ...
Kartik Says:
May 24th, 2010
Posted at: 2:41 pm
Hi kumar, most welcome
Hi Kranthi, wait for some time
Hi Akash, Aban, Educomp or Eng Ind are Market movers, they shall show move up if Markets trade strong, and as of now it seems that we might see some consolidation at current levels, since most of the Stocks in the past one years time have already doubled, it would be better to wait for some time
Hi suzane, its seeming some profit taking after the company entered into a pact with US based pharma major Abbott to sell its domestic formulations business, hold it for a moths time, its likely to do well
jame Says:
May 24th, 2010
Posted at: 2:42 pm
Thnx Karthik.I asked my RM about the impact of euro on SCB IDR his reply was"Major business of SCB are from Asia and middle east so the Euro wont have much impact on it".
I think its better to wait till 28th may before subscribing so that we can watch the trend of SCB on london and honk kong listing.
Kartik Says:
May 24th, 2010
Posted at: 2:42 pm
Hi abc, hold it for SHort term
Hi Kb, bye
Hi nalini, it can see 715 if Markets recover
Kartik Says:
May 24th, 2010
Posted at: 2:43 pm
Hi nitin, dont avg it out yet, hold it for Short term
Hi kumar, we might slip futher
Hi jame, yes
sr Says:
May 24th, 2010
Posted at: 2:43 pm
Kartik, How does Renuka look before expiry? CB said it might see 59. But, with markets getting a bit weak, can I still expect 59 before expiry?
Kartik Says:
May 24th, 2010
Posted at: 2:44 pm
Hi Akash, if Intraday exit from it, else hold for 1-2 weeks time
nitin Says:
May 24th, 2010
Posted at: 2:44 pm
i ve kesoram at 385… shall i average it out or book loss… pls avice
Kartik Says:
May 24th, 2010
Posted at: 2:44 pm
Hi sr, yes, Sugar stocks are likely to see some recovery in the coming days, since the underperformed the Market for the past 1-2 months time
Hi nv, hold it till tomorrow