Monday 16 September 2013

Intraday calls for 16-9-2013

Markets would open higher today.resistance for nifty at 5988.

buy allahabad bank with target of 82.5. stop loss at 78.2

Buy canara bank with atarget of 235,237 sl at 223

Buy arvind with a target of 85.5. stop loss at 82.2

Buy pnb with a target of 524.

All my previous calls of last week, dish tv,adani power,tata power would continue trade strong

Further calls will be updated during market hours.

14 comments:

  1. can u plz suggest something about yes bank..

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    Replies
    1. Yes bank has tough resistance at 305,taking support at 275..you can take your position based on said paramaters if broken with volumes

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  2. Hi i have bought dish tv todat at 47.5..i have a time horizon till september expiry..can you suggest if i took the right decision? And if yes what prices can i expect?

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    1. Dish tv already had a run,it has tough resistance at 49.2,51.35,52.5..can hold it if it breaks atleast first resistance.its an intraday scrip and i dont recomend to hold it for a time,

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  3. can i buy arvind at cmp ie 83.2 in future? for intraday? anup

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    Replies
    1. No anup.avoid arvind for now.it has formed bear marbozu pattern.go with alahabad bank

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  4. do u think nifty will bounce back today?

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    1. may remain flat.its perfect appreciable trap by bears.

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  5. sir..i m holding yes bank at 300...should i hold?
    if yes ..till wat target

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    Replies
    1. Hold yes bank.lets see how global cues work out today and can take a call then.it needs support from index.

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  6. hello Hari sir...i am badly stuck among the following stocks.pl help me...1/Hotel Leela @19.50(holding for 3months)...2/Essel pro pack @43.10(holding for last 3months)...3/Cairn @336(holding for last 3weeks)...4/Apollo tyre @66.55(holding for last 2weeks)...5/Sks microfinance @140.10(holding for last 2weeks)...BIG loss awaiting...pl suggest something...thnx sir.

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    Replies
    1. Hold apollo tyre and sks for some more time,they are good picks for shortvterm.Cairn can bounce back sharply in this expiry and i could only say hotel leela is wrong selection.essel is fundamentally good but needs a time horizon for returns.

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  7. Sir,your advise on nifty,relinfra n apollo tyre til septembr expiry?.? Anup

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    Replies
    1. nifty could be range bound,wile rel infra had formed piercing pattern which shows downside technically but its index beta stocks which needs support from index. apollo tyres would trade stronger for next few sessions.

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