Wednesday, 11 December 2013

Intraday calls for 11-12-2013

Markets likely to Open lower,support for nifty at 6280

Buy Apollo tyres with target of 83.5 stoploss at 80

Buy SAIL with target of 73 stoploss at 70

Buy Voltas with target of 127 stoploss at 120

Apart from these bullish on Biocon and Allahabad bank.

Lic housing is an shorting idea

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

Some of the above mentioned calls are for next few sessions,so one can pick at lows.

32 comments:

  1. Good morning Hariji,

    Target for Amara raja batt, hindalco & power grid. as I am holding these for short term.

    Thanks
    Alwyn

    ReplyDelete
    Replies
    1. GM,as i said before amara raja would test 260 levels,hindalco is done with consolidation,its moving with index,power grid is hold for now

      Delete
  2. GM Hari Sir.,
    Can u pls tell me about Coal India put for Dec Series ? and TCS ?

    ReplyDelete
    Replies
    1. Gm,i see limited downside in coal india,its moving solely on news flo,til yesterday dividend news and today some fine news,so better to wait in that counter,Tcs is strong as of now,You can go with above mentioned picks they are strong.

      Delete
  3. Dear Sir,
    what is the today torget or future target for NTPC? I bought 10,000 shares @ 135.75 Yesterday. Can I sell today or wait to get new high?

    ReplyDelete
    Replies
    1. Hello,Ntpc is strong as of now,Hold it for a while,it can touch 141 levels if nifty recovers.

      Delete
  4. Hari sir thanks again for your advices. God bless you

    Mannan

    ReplyDelete
  5. Hiri ji SAIL got stuck I purchased 71.63 for target 73

    Do you think it is holding some news?

    Thx so much

    ReplyDelete
    Replies
    1. Hello,sail is hold for now,most probably it is consolidating at those levels,can take time to come up

      Delete
  6. Voltas has reduced to a new low.. whats your opinion. can we expect to bounce back today to 120 levels..

    Thanks for your advice

    ReplyDelete
    Replies
    1. Hello,voltas was very strong on charts,sudden deal pulled it,expecting a bounce,hold for now.

      Delete
  7. Hello Sir,
    I have 2500 Bank of Maharastra @ 38.82 & 1200 Jaypee Infra @ 22.90. I took both for trading purpose what to do please suggest?

    ReplyDelete
    Replies
    1. Hold both of them for a while,nifty is dragging all scrips down,hold for now

      Delete
  8. Hello Sir,
    What is the support for Arvind?? Any short term target as i am holding it for 131.

    ReplyDelete
    Replies
    1. No,arvind is shorting idea,as i mentioned yesterday on blog,next support at 119.6

      Delete
  9. Hari Sir.,
    As u suggested i got NTPC call option for dec. and I have NTPC Call @ 140 will it move up???

    ReplyDelete
    Replies
    1. Hello,i didnt suggest buying acall on Ntpc,kindly reverify.

      Delete
    2. Sorry u didnt suggest get call ... i mean to sat that u had said that NTPC has a strong chart so i got ... I mean to say when chart is strong will it move up ?

      Delete
    3. Hello,After drastic fall yesterday,it was found at cheap valuations,so long term holders can sty invested,140 call wil have limited time frame,however you can hold it for now with stop at 136.8

      Delete
  10. Hlw hari sir,
    I regularly follow ur blog.,
    Plz give me suggestion,
    I bought chambel fert stock 500 @ 40.20
    As news was that fertilizer cmpny will be given subsidize load by gov. I bought it for the short term,
    Plz suggest its view on tomorrows market,
    Thanks.

    ReplyDelete
    Replies
    1. Hello Nil kanth,Fertilizer stocks are seasonal picks,every year in two quarters they post excellent results because of monsoons,however despite of gud monsoons,chambal falied to impress the market,it had been range bound from 35-40 from few months,so you can only hold it if you have long term view else exit.

      Delete
  11. Sir G,
    what's your view on India cement, federal bank, uco bank?
    is it good bet to buy midcap are very strongly moving?

    ReplyDelete
    Replies
    1. Hello,avoid cement sector from now,Uco bank meant mostly for swing trades because of its high volatility and liquidity,if you have long term view you can go with fed bank

      Delete
  12. Hello Hari Sir,
    pls IDFC and IFCI ko green zone me Lao?
    am in huge loss.
    am holding it till 16 DEC on Banking Licence Rumors?

    ReplyDelete
    Replies
    1. Hello,As i said you yesterday,idfc is continuosly shorted wenever it croses 113 range,however one can only decide bsed on the outcome after 16 dec,Idfc would be tough competitor for license,any gud news can trigger buying in that counter,However am not expecting that rbi would say some aplicants name who would get license,so very less chance for idfc to cross 115

      Delete
  13. Hari sir,I had BHEL PE 130@ 2,what is the future??

    ReplyDelete
    Replies
    1. Hello,my suggestion as a felow trader,dont trade with deep out of the money options,you will end lossing,how can you expect 30 points decline,try to trade with Itm Or slightly Otm options though premium is high you will earn.ha strong support at 156 range,if broken can expect further downside.

      Delete
    2. Tks sir our suggestion. Will keep in mind next time as I am a new trader.. Regards

      Delete
  14. Sir what about l&t finance... What is the future for this stock.

    ReplyDelete
    Replies
    1. Its more of long term bet,accumulate it at dips,do not expect quick gains in this counter.

      Delete
  15. Hello Hari sir
    Whats d tommorrows trend of Jindal steel & power

    ReplyDelete