Thursday, 24 October 2013

Intraday calls for 24-10-2013

Markets would open Flat,support for nifty at 6120.

If market remains strong Buy adani ent with target of 202 stoploss 192

Pick Arvind at a dip with target of 105 stoploss at 100

Buy biocon if it breaks 342 in early trade with target of 345


Continue to Hold coal India

Though Risky cipla can be bought if it shows strength with target of 427 stoploss at 414

Buy suntv with target of 429.75 stoploss at 419

Voltas and bhel are shorting ideas

Calls are purely based on my own analysis,readers are requested to take a call before entering.

38 comments:

  1. Sir, i think today arvind results are coming. can we expect good results so the stock may reach to 110 today itself?

    ReplyDelete
    Replies
    1. Results are good quarter wise,but a dip wen compared to y-o-y,margins are stable,seems profit booking taking place

      Delete
  2. Adani - Target reached --- Thank you sir

    ReplyDelete
  3. any target for Coal india EOM?

    ReplyDelete
    Replies
    1. It has news flow of stake sale,before Govt anounce stake sale they need to rig the price to some high,then declare stake sale at discount this is how it goes generally.

      Delete
    2. Now it is downward- good to hold 1lot?
      Thx

      Delete
  4. Hi Hari,
    Is it good time to buy PSU Banks for a time frame of 3-6 months. In likes of IDBI, IOB, Central Bank etc.. I presume a recovery road ahead.
    Thanks and Regards,
    Narendra KP

    ReplyDelete
    Replies
    1. Hello,Banks are risky bet as of now,rbi policy would be next trigger but almost every psu bank would post not great results,so u can pick them at a dip

      Delete
  5. sir your view on DLF

    ReplyDelete
    Replies
    1. Risky now as rbi policy ahead,dlf is interest rate sensitive

      Delete
  6. Hi Haridattha, are u not there today? Do you give Bank Nifty levels for intraday?

    ReplyDelete
    Replies
    1. Hello,10954 is strong support,expect a bounce from that level.

      Delete
    2. Thanks. However now it has gone down below 10900 levels. can rise tomorrow?

      Delete
  7. Hi Hari Sir,

    Whats your call on Renuka.. Is it good for intraday today. If yes at what point i should buy.

    Kindly advice, as i need to recover my heavy losses that i incurr in the past.
    Thanks

    ReplyDelete
    Replies
    1. Renuka had bull run,its being consolidated,wait for a dip to enter in it,if you want to recover losses small scrips can be dangerous as slight slide can erode significant capital

      Delete
  8. Hi Sir

    whats your view about Zee entertainment today ? w'll it cross 270 ? any idea ?

    ReplyDelete
    Replies
    1. Its being consolidated at that range,hold it for a while

      Delete
  9. sir, should we continue to hold coal india ? I bought at 291.90 and its trending downwards. Plz suggest.

    ReplyDelete
    Replies
    1. 291 are high levels shud have exited wen 285 levels are broken and wud have renterd.Its having news flow of stake sale,any company that goes for stake sale is hammered,keep a stop at 277 and hold

      Delete
    2. I heard next week coal india going for stake sale so will it hamper in negative way ?
      In same way, if Jet airways sell stake to etihad then how share prices goes for jet airways ? Please suggest.

      Delete
    3. Helo it only happens for public sector as if it is hammered issue price would be low and to make use of oppurtunity but its not in case for others,jet etihad stake sale is not issue at most etihad can announce buy back.There lies difference.

      Delete
    4. Hi Sir, What is mean by "Buy back" ? can u plz explain difference between 2 in brief ?

      Delete
  10. hi hari..is it good to enter coalindia (@281.5) and arvind (@101.5) now?

    ReplyDelete
    Replies
    1. Coal can be enterd at that level,avoid arvind for now.

      Delete
  11. hi hari, what about punj llyod, i purchased 1500 @29.90 ?

    ReplyDelete
    Replies
    1. Hold it with stop at 27.5,can test 30.5

      Delete
  12. whats your view on dish tv

    ReplyDelete
    Replies
    1. Its weak on charts,results are not encouraging,avoid it now

      Delete
  13. Do you have any thoughts on going long with Balmer Laurie??

    ReplyDelete
    Replies
    1. Faundamentals are gud,but thinly traded counter,avoid it.

      Delete
  14. hi hari bhai...today i bought ESCORTS...it moved down side...i average it...and average buy price is @96.55....is there any hope? What levels can it test? I can hold it for only 2-3 sessions....thnx bhai.

    ReplyDelete
    Replies
    1. Helllo,it hasseen profit booking after results,hold it with stoploss of 93.5 for few sessions and exit on rise

      Delete
  15. Sir Today I bought Adani at closing time at 211 and struck in it as the price came down very sharply to 205 then recovered a bit, Sir what is your view on Adani for tomorrow and what you suggest me to do, should I add more or sell immediately tomorrow in the morning, Hariji I am waiting for your suggestion

    ReplyDelete
    Replies
    1. Hello,The first mistake is buying at closing time after such bull run many enters and equal chance of slippage,tomarow it would open slight gap up and hopefully gives you chance to exit at some marginal profit or either you can hold wih stoploss at 201

      Delete
  16. Sir,
    I am having 6050PE at 30. Want to sell 6200 PE at 120. I will have break even at 6110. Given strong supprt at 6120 i will ve having max profit of 4500. Shall i do this strategy?
    Soumik

    ReplyDelete
    Replies
    1. Strategy sounds good but most importantly u need to get buyer and seller at the price u planned,for example 6200 pe now trading at 70.

      Delete
  17. Yes hope i get that price. Today there is negative divergence in momentum oscillator. Nifty must correct one or two trading session
    Regards,
    soumik

    ReplyDelete