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Intraday calls for 29-10-10

Posted on: October 29th, 2010 at 8:27 am

Markets likely to open lower, strong support for Nifty at 5960

Buy Nestle India at 3460, Target: 3480-3485, SL 3443

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596 Responses

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  1. Kartik Says:
    October 29th, 2010
    Posted at: 8:35 am

    Hi Tj, GM, thanks, same to you

    Hi stalin, they are likely to trade flat today


  2. Tj Says:
    October 29th, 2010
    Posted at: 8:36 am

    HEY KARTIK...can i short cummins @ 785?... what is its strong resistance?.. thermax is doing well...what is its target for today in intraday?


  3. ASHIM Says:
    October 29th, 2010
    Posted at: 8:39 am

    please advice me about jindalsaw @236


  4. 100rabh Says:
    October 29th, 2010
    Posted at: 8:40 am

    Hi Cb,
    i did a long in nifty Future yesterday morning .... and in afternoon mkt went down all of a sudden .... i am still holding that position ....
    should i book the loss and go for short ?
    Please advice ...


  5. Giri Prasad Says:
    October 29th, 2010
    Posted at: 8:41 am

    Hi...Gud morning all


  6. Kartik Says:
    October 29th, 2010
    Posted at: 8:42 am

    Hi Tj, it looks strong, dont go short for Intraday yet

    Hi Giri Prasad, Good morning

    Hi ASHIM, continue to hold it for Short term

    Hi 100rabh, keep a SL at 5960 on Nifty and hold them

    Hi Kb, GM, he's out, it indicates some selling pressure coming in


  7. Kartik Says:
    October 29th, 2010
    Posted at: 8:44 am

    Hi Shipra, lets wait to see how we react today, cant be sure


  8. Kb Says:
    October 29th, 2010
    Posted at: 8:44 am

    Hi Kartik, hmm . not yesterdays condition .. generally increased market turn over indicates what ?? more people came in to action ??


  9. AJ Says:
    October 29th, 2010
    Posted at: 8:46 am

    Hi Kartik,
    How do you see JUB FOODS moving today?


  10. ttsathya Says:
    October 29th, 2010
    Posted at: 8:47 am

    Good Morning.Bt Nov Futs:1.Tata St @ 616, 2.GSPL @ 121.5 Pl advice for both.


  11. www.sagar.cz.cc Says:
    October 29th, 2010
    Posted at: 8:47 am

    Hi Kartik, Shor term for tulsi means how much could be the time frame u expect ? and What could be the target in short term ?


  12. ASHIM Says:
    October 29th, 2010
    Posted at: 8:48 am

    about jupiter please I have @116


  13. Kartik Says:
    October 29th, 2010
    Posted at: 8:50 am

    Hi www.sagar.cz.cc, it can see 75 in 1-2 months time

    Hi ASHIM, hold it for Short term, its a good bet fundamentally

    Hi AJ, can see 535 today

    Hi ttsathya, hold them with a SL at 5960

    Hi Kb, since Markets trade weak yesterday, it indicates that we saw some profit booking, mostly due to FII's booking profits


  14. AJ Says:
    October 29th, 2010
    Posted at: 8:51 am

    Can I buy VENKYS for Intraday @ CMP? what could be the target?


  15. dak Says:
    October 29th, 2010
    Posted at: 8:51 am

    Good morning Kartik. Holding a DLF 400 call option for Nov - is it likely to rise today with markets opening lower? (yday you mentioned it has support at 350).


  16. Kartik Says:
    October 29th, 2010
    Posted at: 8:52 am

    Hi AJ, not sure of it for Intraday

    Hi dak, its more a Market mover, can give a bounce from its support levels of 350

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