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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. askimaski toss Says:
    January 28th, 2011
    Posted at: 9:12 am

    BSE SENSEX GAINS 24 POINTS; 50-SHARE NIFTY INDEX UP 0.17 PCT IN THE PRE-OPENING SESSION


  2. nattu bhai Says:
    January 28th, 2011
    Posted at: 9:13 am

    hi kartik i am holding balrampur,educomp,tata chemical,pantaloon,idfc. if nifty closes below 5615: than what should i do should square of all the fut. pls guide me as i have paid lot of difference.


  3. Deepak Says:
    January 28th, 2011
    Posted at: 9:13 am

    Following bearish engulfing patterns in daily chart...

    - GAIL
    - Havells
    - Hero Honda
    - Jindal Saw
    - Patni


  4. JR Says:
    January 28th, 2011
    Posted at: 9:14 am

    Kartik sir, should i short reliance on which prise and trgt please


  5. Kartik Says:
    January 28th, 2011
    Posted at: 9:14 am

    Hi Akash, not yet, lets wait to see how Markets open up

    Hi Raj Gupta, can see 75 in 1-2 week, hold it, Nelcast looks weak, might take some time to recover, hold it for Short term

    Hi chanty, Gm, book profits around 22

    Hi AJ, looks weak, hold it for Mid term, realty stocks have been seeing some selling pressure lately

    Hi shiva, hold it with a sL at 44 (strong support)


  6. Kartik Says:
    January 28th, 2011
    Posted at: 9:14 am

    Hi JR, yes, go short on rise, around 955

    Hi Deepak, thanks


  7. ARAVIND Says:
    January 28th, 2011
    Posted at: 9:16 am

    Hi Karthik,Good morning
    My portfolios are given below.pls give me a helpful suggession in this market condition.pls understand my query.
    UNPHOS @215
    PANTALOON@515
    UNITECH@97
    SATYAM@97
    CIPLA@368
    OIL INDIA@1500
    SBI@3030.
    Can l exit all my above stocks@cmp .pls advice


  8. RAMKUMAR Says:
    January 28th, 2011
    Posted at: 9:16 am

    GM KARTIK SIR IAM HAVING LIC @187 .TGT & SL PLS


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

    Hi CB, shall we go short in abb @ 715 ?


  10. HSK Says:
    January 28th, 2011
    Posted at: 9:17 am

    short HDFC Bank @ cmp for target of Rs 2010/- ?


  11. Nagesh Says:
    January 28th, 2011
    Posted at: 9:18 am

    Hi cb, can i short abb at the current price 713


  12. Kartik Says:
    January 28th, 2011
    Posted at: 9:19 am

    Hi RAMKUMAR, can see 220 in the mid run, hold it

    Hi shrikanth, not yet

    Hi ARAVIND, the stocks you have are strong bets fundamentally, continue to hold them for Short term, they can do well


  13. sourabh Says:
    January 28th, 2011
    Posted at: 9:19 am

    my query plsss


  14. rashid Says:
    January 28th, 2011
    Posted at: 9:19 am

    may i short nifty


  15. Kartik Says:
    January 28th, 2011
    Posted at: 9:20 am

    Hi HSK, wait for some time

    Hi rashid, wait for some time


  16. Nagesh Says:
    January 28th, 2011
    Posted at: 9:21 am

    kartik my query plz

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