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Intraday calls for 28-01-11

Posted on: January 28th, 2011 at 8:29 am

Markets likely to open lower, Nifty looks weak below its 200 DMA of 5615, if we manage to close below 5615 for a couple of days, we could see 5500 and lower levels

Sell ABB around 720, Target: 705, SL 732 (book profits at 703)

10.13AM – Sell edserv softsystems at 146.60, target: 142. Stoploss: 149.50 – (book profit at 142)

2.03PM – sell bajaj auto at 1246, target: 1228. Stoploss: 1262 – (exit positions at 1256)

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699 Responses

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  1. Kartik Says:
    January 28th, 2011
    Posted at: 9:05 am

    Hi shiva, no, it looks weak


  2. stalin Says:
    January 28th, 2011
    Posted at: 9:05 am

    HAI BUDDY how abt HPCL..im holding tis stock for a very long time...wht should i do with it...hold or sell regarding the current market scene ?


  3. murugan Says:
    January 28th, 2011
    Posted at: 9:05 am

    AMTEK AUTO RECOVERS WILL IT SUSTAIN, AND WHAT WILL BE THE LONG TERM AND SHORT TERM TARGET, I HAVE 350 AT 170, PL. GUIDE ME YAR


  4. Sourabh Says:
    January 28th, 2011
    Posted at: 9:06 am

    Should i short dena bank and HDFC bank


  5. shiva Says:
    January 28th, 2011
    Posted at: 9:06 am

    do u think we will go below 200 dma on nifty?? is it most likely?


  6. Kartik Says:
    January 28th, 2011
    Posted at: 9:06 am

    Hi Akash, no, avoid going long today

    Hi stalin, continue to hold it for short term, it can do well

    Hi murugan, its likely to take some time to recover, as of now it looks weak, if possible hold it for Mid term


  7. Kartik Says:
    January 28th, 2011
    Posted at: 9:07 am

    Hi shiva, yes, yesterday we closed below it

    Hi Sourabh, yes, go short on rise


  8. Akash Says:
    January 28th, 2011
    Posted at: 9:07 am

    Hi Kartik, Ok.. Any Nifty Call Option?


  9. shiva Says:
    January 28th, 2011
    Posted at: 9:08 am

    shall I book loss in texmaco bot @ 52?


  10. Akash Says:
    January 28th, 2011
    Posted at: 9:09 am

    Hi Kartik, Or if we can buy Tata Coffee in intraday for target 800+


  11. chanty Says:
    January 28th, 2011
    Posted at: 9:10 am

    GUD MRNG 2 ALL


  12. Sourabh Says:
    January 28th, 2011
    Posted at: 9:10 am

    Sir trgt plss for Dena and HDFC bank


  13. AJ Says:
    January 28th, 2011
    Posted at: 9:10 am

    how do you see ARSS INFRA charts?


  14. Natarajan Says:
    January 28th, 2011
    Posted at: 9:10 am

    Kartik Can WE enter Suzlon @CMP?


  15. Raj Gupta Says:
    January 28th, 2011
    Posted at: 9:11 am

    sir what target for orbitcorp , holding at 70 ? and also target for nelcast , holding at 115 ?


  16. chanty Says:
    January 28th, 2011
    Posted at: 9:11 am

    Hi Kartik,
    hi sir gud mrng wat is position of kgl am buying @19.2 1000

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