Friday, 27 September 2013

Intraday calls for 27-9-2013

Markets would remain range bound,support for nifty at 5800,resistance at 5945

If index strengthens buy tata steel with target of 304 sl at 294

 If nifty shows weakness short RCOM with a target of a 152,150 sl at 160

Short unitech with a target of 16 sl at 17.5

If index weakens short tata motors with target of 342,339

Exide industries is also an bullish conter.

Further calls would be updated during market hours.


41 comments:

  1. Sir, Is there any bad news today?, Market is behaving strange than yesterday's move!

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    1. no suresh,i dont think there is any bad news.its because of no retail participation.

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  2. Sir thanks for your call on aurobindo and aditya birla yesterday each one lot..now sitting with huge profit.give me ur mobile number i want to thank personally. Suresh orti

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    1. glad to know that.you can contact me thru the message form on blog.

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  3. Sir,
    Aurobindo breached 200, your target??

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    1. It has tough resistance at 205 levels,lets see if it breaches that,book profits partially now

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  4. Sir, What bout this Tatasteel exit or stay till End of Day? To day is Friday so, many people may be selling stocks for booking profit i think.

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    1. lets see how europe markets open,if europe opens red then it may trigger selling presuure again else tata steel should bounce back.

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  5. sir..nifty is not moving any side
    where do u think nifty may go?

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    Replies
    1. lets see how it would turn after europe markets open,if it doesnt react to that we may have chappy market today.

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  6. Sir, What's your take on Tata Global? It has come out of the resistance at 145. This quarter revenue will be good as Tetley posted a record sales and on back of exchange gain its set to pose good result.
    Regards,
    Soumik
    Regards

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    1. it has tough resiatance at 154,it should break it for further higher levels,regarding results am not that sure.

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  7. Ur views on BHEL sir at cmp..

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    1. dont enter it now yet,it has seen fall from 144 levels many a times.uptrens is conformed only if it breaks 158,161

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  8. Sir, what are your views on MTNL, there is lot of buzz on the same, thanks

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    1. Not sure of it yet,dont believe volumes on one day,it can be manipulative wait for conformation

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  9. Hi,

    Any update on ur call of tata steel..
    I am holding 1000 shares

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    1. It was bullish on charts pankaj,,i also mentioned stop loss for not taking any chance,next support at 285 levels.hope it would bounce else would be better to exit on rise

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  10. This comment has been removed by the author.

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  11. According to charts also TATASTEEL is in bullish mode, i surprised that it did not recovered in last moment also that's why i hate tata shares. but i escaped at earliest and i wish we all will see a very good trading sessions in Next Week.

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    1. sures as such taking a call on first two -three days of expiry..because there would be tug of war between bulls and bears to take over,so one need to wait or trade with strict sl...i forgot this to mention on my post.

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  12. sir pl dont feel down if some call does not hit your accuracy is best. shd we keep holding it for next week tata steel i mean

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    1. sunit thanks for support,as per charts it was very bullish,292-289 levels was strong support but it remained weak. next support would be at 285,if nifty bounces it would move with it.

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  13. Sir, Friday's are becoming black trading days from past some time. Most analysts calls failed so many time in bullish movement also. This is not even a mole for you sir. We will cheer next week and all next weeks and Keep posting your best calls sir. Thank you.

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    1. Thanks suresh for your support,tata steeel is bullish on charts and as per technicals,285 is next support lets hope it bounces back again,if it remains weak it would be better to exit on rise.today it has moved along with index,its next movement would be based on index.

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  14. Hari ji,
    Whats your take on L and T for the month of Oct? They have recently come out with press releases on bagging big orders. Any chance of L and T moving to 880-900 range in Oct?

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    1. its possible,as per reports lt is seeing accumulation phase.its long term bet.

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  15. Sir,
    Auropharma has made new 52 week high with double volumes than it made earlier. Will it give a breakout to higher levels? And what's ur take on Bharti airtel, it breaches support level at 233.. I think it is going to fil up the gap it made betweem 317 and 321.
    Regards,
    soumik

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    1. airtel next support is 317,better to wait till it breaches,auro pharma is very bullish on charts,it would move further upside before a correction,traditional sentiment that pharma wis better to hide in bad market is adding to its strength,til now auro pharma was only scrip which has not rallied.

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  16. today i booked loss in tata steel no prblm i will recover it..hv welthey journey through market...

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    1. Thanks for every ones support.you ppeople increased my responsibility.

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  17. Sir,
    Almost all ur calls were good. I think rcom, Tata motors hit target and unitech was almost there. In d case of Tata steel U asked d traders to go for it only when d index is in good health.
    Today index was in red.so it was not supposed to b todays scrip.personally I was betting on your yesterday call on aurabindo , as per ur suggestion I entered it when it crossed 194, 195 it went up to 205. Thank U for ur support.
    regards,
    Noushad.

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    Replies
    1. welcome noushad.Il put on my best from now.

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  18. Hi Hari,,Whats your take on SBIN for next 2 -3 days..WE have SBIN 1600 Put..Also is it positive or negative on the recent bond re -purchase buying news which came out today...Anup

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    1. Hie,its gona trade weak,i dont think recent news is atrigger for bank nscrips,overal banking sector is stil bearish and npa's are expected to mount up in this quarter,not necessary to say about the effect of rupee depreciation which affected their mark to margin numbers.

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  19. Yes sir auropharma hasnt rallied as compared ro its peers like lupin, sun pharma. Given the fact it has patent to manufacture and distribute HIV drugs all over the world the stock is still trading cheap at lesser PE multiple compared to Pharma industry. Hope the market understand its worth soon.
    Regards,
    soumik

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  20. Sir, your views on Exide industries?

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    Replies
    1. Its a long term bet,its trading at 10times pe,though premium its leader in auto ancilaries,expect good results from both exide and amararaja.

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  21. Nifty opened at 10,160 level, up by 13 points while Sensex opened at 32,467 level, up by 65 points.
    Share Market Company

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