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Intraday calls for 31-01-12

Posted on: January 31st, 2012 at 8:40 am

Markets likely to open higher, resistance at 5160, support at 5050 for nifty

Sell United Bank on rise, around 68, for a target of 64, SL 71

(trade in small quantity)

10.50am – Buy HCL Tech at 436.75, target: 445. Stoploss: 430 (1-2 day hold)

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418 Responses

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  1. v8 Says:
    January 31st, 2012
    Posted at: 9:10 am

    Hi Kartik, Holding Tata Global , what price I can see today ?


  2. cvrprakash Says:
    January 31st, 2012
    Posted at: 9:10 am

    Kartik,

    GM. Can I buy Nifty 5000 PA on any raise today?


  3. Kartik Says:
    January 31st, 2012
    Posted at: 9:10 am

    Hi AJ, exit from RAYMOND , looks weak overall

    Hi Shekhar, go short if it breaks 380 (support)


  4. Kumar Says:
    January 31st, 2012
    Posted at: 9:10 am

    hi kartik, GM yesterday big loss on HDIL. today what's your view on it?


  5. Akash Says:
    January 31st, 2012
    Posted at: 9:10 am

    Hi Kartik, How is Jindal SW for 3-4 days or STC for 1 month?


  6. shail410 Says:
    January 31st, 2012
    Posted at: 9:10 am

    Hi I am long in Century Tex and Petronet Feb fut...@ 276 and 168...what should I ...book losses or hold..thanx


  7. dak Says:
    January 31st, 2012
    Posted at: 9:11 am

    Thanks Kartik. Had bought nifty futures yday at 5146. Should I exit at opening (cost to cost) and buy again lower ?


  8. Kartik Says:
    January 31st, 2012
    Posted at: 9:12 am

    Hi Akash, no, dont enter it now

    Hi shail410, keep a SL at 158 for Petronet and 260 for Century Tex

    Hi dak, keep a SL at 5115 for intraday and hold it


  9. sreddy Says:
    January 31st, 2012
    Posted at: 9:12 am

    Hi Karthik,
    What would be todays range for TATA MOTORS.


  10. Shekhar Says:
    January 31st, 2012
    Posted at: 9:12 am

    Thanks Kartik,

    Also can Jain irrigation be shorted if its breaks 94


  11. Kartik Says:
    January 31st, 2012
    Posted at: 9:13 am

    Hi Shekhar, Yes


  12. dak Says:
    January 31st, 2012
    Posted at: 9:14 am

    Kartik, 5115 cash levels right ?


  13. ramesh Says:
    January 31st, 2012
    Posted at: 9:15 am

    i have gail @ 380 can i hold or sell in intraday on rise?


  14. Akash Says:
    January 31st, 2012
    Posted at: 9:16 am

    Hi Kartik, Jindal SW did not open higher so I bought one at 617. Can we expect 640 at least ? SHud I put sell order at 640?


  15. Kartik Says:
    January 31st, 2012
    Posted at: 9:17 am

    Hi ramesh, exit from it on rise


  16. Kartik Says:
    January 31st, 2012
    Posted at: 9:17 am

    Hi dak, Yes (cash)

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