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Intraday calls for 29-04-10

Posted on: April 29th, 2010 at 7:58 am

Markets likely to see a flat opening. Support for nifty is at 5200 and resistance at 5320

Buy Talbros Automotive Components Ltd at 61.25, target: 64. Stoploss: 59

Please trade in small quantities with strict stoploss considering market weakness.

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627 Responses

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  1. Devang Mehta Says:
    April 29th, 2010
    Posted at: 1:29 pm

    Hi Kartik, Should i enter into sugar stock at cmp if yes, would you suggest some stocks in sugur sector


  2. Kartik Says:
    April 29th, 2010
    Posted at: 1:29 pm

    Hi Subhashis Bhattacharyya, Sugar stocks have been facing some downside due to increasing prices for sugar, if possible hold them for Mid term

    Hi sunil, you may enter Suzlon for 3-4 months time at CMP, it can do well


  3. sunil Says:
    April 29th, 2010
    Posted at: 1:32 pm

    karthik, hw does hpcl and bpcl looks like can go long futures of those for 1month time


  4. Devang Mehta Says:
    April 29th, 2010
    Posted at: 1:33 pm

    Hi Kartik, I am holding welspun gujarat at 274.75 since 1 week. What's your view for 1 month period


  5. Kartik Says:
    April 29th, 2010
    Posted at: 1:33 pm

    Hi sunil, oil stocks look weak as of now, dont enter them yet

    Hi Devang Mehta, you may buy some of Renuka Sugars for mid term as of now


  6. bhuvaneswari Says:
    April 29th, 2010
    Posted at: 1:33 pm

    Hi Kartik
    Pls guide me to buy SEL Manufacturing? Shall I enter for Long term?


  7. janvi Says:
    April 29th, 2010
    Posted at: 1:34 pm

    wht about tube invest.?


  8. Kartik Says:
    April 29th, 2010
    Posted at: 1:34 pm

    Hi Devang Mehta, hold it for another 3-4 days time, its likey to see some recovery


  9. Milu Says:
    April 29th, 2010
    Posted at: 1:34 pm

    hi CB, should i hold on to andhra bank....any chance of it going higher.
    Thanks


  10. Kartik Says:
    April 29th, 2010
    Posted at: 1:35 pm

    Hi bhuvaneswari, you may enter it for 2-3 months time as of now

    Hi janvi, its facing some profit booking around 95, dont enter it yet


  11. Kartik Says:
    April 29th, 2010
    Posted at: 1:35 pm

    Hi Milu, yes, hold it for some more time


  12. Chandrika Says:
    April 29th, 2010
    Posted at: 1:36 pm

    HI KArthik

    Can I enter into litl @62 for 1month. PLs suggest


  13. Nks Says:
    April 29th, 2010
    Posted at: 1:36 pm

    Dear Kartik,

    Pls. advice on RNRL & Rpower ? wht is the intraday target for the same

    also advice on sintex bought @ 334/- and IDFC bought @ 170/- wht is the target for today and tomorrow for thesame


  14. preeti Says:
    April 29th, 2010
    Posted at: 1:36 pm

    Hi Kartik, holding mm forging at 82.5..it touched 86 today..whts the trgt i shld hold for??thanks


  15. manoj Says:
    April 29th, 2010
    Posted at: 1:36 pm

    HI KARTIK
    I hv indian hotel @113 what will target for 1-2 week


  16. sakhi Says:
    April 29th, 2010
    Posted at: 1:36 pm

    Thanks Kartik for ur target on bharti shipyard.
    Which is better bet for a week time bharti shipyard or adani power?

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