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Intraday calls for 25-07-11

Posted on: July 25th, 2011 at 8:28 am

Markets likely to open slightly lower. Support for nifty is at 5600 and resistance at 5660.

Buy Shriram Transport Finance Company Ltd at 694-698, target: 712. Stoploss: 687

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415 Responses

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  1. Ary Says:
    July 25th, 2011
    Posted at: 3:28 pm

    Tomorrow will Ranbaxy CE see some gains?

    A 1.75 now can be exited at what rate tomorrow?


  2. ss Says:
    July 25th, 2011
    Posted at: 3:29 pm

    New Delhi: Faced with inflation much above the comfort level, the Reserve Bank is likely to raise key interest rates by another 25 basis points in its first quarterly review of monetary policy 2011-12 on July 26.


  3. Kartik Says:
    July 25th, 2011
    Posted at: 3:29 pm

    Hi Ary, yes, can add some gains


  4. Ary Says:
    July 25th, 2011
    Posted at: 3:29 pm

    What exit rate?


  5. rajesh shenoi Says:
    July 25th, 2011
    Posted at: 3:32 pm

    i hav bot 5700 ce @ 35 levels 5 lots


  6. DS Says:
    July 25th, 2011
    Posted at: 3:48 pm

    Dear Kartik,

    Dare we go short on Nifty/some high beta stock now?


  7. akila Says:
    July 25th, 2011
    Posted at: 3:55 pm

    CB.....................................Ganesh jewellery out of lc and much above danger level!! bought just 100 at lc...


  8. Kartik Says:
    July 25th, 2011
    Posted at: 4:07 pm

    Hi Ary, can see 547

    Hi rajesh shenoi, its a hold with sl at 5640

    Hi Lalith, yes, not really recovering at all

    Hi DS, not yet. lets wait till expiry

    Hi akila, :) yes, possible add another 5-7%


  9. Kartik Says:
    July 25th, 2011
    Posted at: 4:09 pm

    Hi Raj, will need to hold ce's with sl at 5640. for pe. try and exit CE's on rise in a day or 2


  10. Sri Says:
    July 25th, 2011
    Posted at: 4:20 pm

    Hi CB/Karthik,

    I am holding 5600 PE lots...What is your suggestion?

    Tomorrow, How will be the Nifty??

    Thanks in advance


  11. Uniyal Says:
    July 25th, 2011
    Posted at: 4:24 pm

    Hi CB Sir,,, Tomorrow is RBI credit policy meeting... what will be effect on banking stocks in tomorrow morning.. Will it go up or down in opening.... Specially on Yes Bank.


  12. shrikanth Says:
    July 25th, 2011
    Posted at: 4:37 pm

    HI KArthik, What happened to RCOm, went up crazily. I bought RCOm @ 99 15 days back and sold it @ 106. I hope I did the right thing.

    Any good one to enter for swing trade/investment?


  13. Gitanjali Says:
    July 25th, 2011
    Posted at: 4:53 pm

    HI Kartik, Can we short Gitanjali..pl?


  14. Kartik Says:
    July 25th, 2011
    Posted at: 4:54 pm

    Hi Sri, as of now seems may open a bit lower. hold it with sl at 5700 for now

    Hi Uniyal, yes, if there is a rate hike, markets could see some selling pressure.

    Hi shrikanth, yes, news of all mobile companies hiking call rates is triggering good buying interst. one can enter it. its a good bet


  15. Kartik Says:
    July 25th, 2011
    Posted at: 4:55 pm

    Hi Gitanjali, yes, keep sl near 318-320


  16. Gitanjali Says:
    July 25th, 2011
    Posted at: 5:02 pm

    Hi Kartik, OK..Thanks.
    Can we safely enter ALBK.. as it closed above ..220..?
    What made our mkts rally thus ..?
    How are the results of Reliance and ucobank /Idfc ..expected to be ..pl?

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