Thursday, 30 January 2014

Intraday calls for 30-1-2014

Markets likely to open lower,support for nifty at 6000

If market recovers later during the day Buy Future retail and Granuels India

Tata cofee is shorting idea.

Calls are purely based on technicals,note that technicals do not assure returns and only gives a direction

30 comments:

  1. Hi Good Morning Sir,
    What is your views on SSLT for short term 10-20 days

    ReplyDelete
    Replies
    1. Hello Kb,It has strong support at 180 levels,its moving with index,see limited downside in it

      Delete
  2. What target of frl??

    ReplyDelete
    Replies
    1. Its consolidating wait for nifty to recover,avoid longs for now

      Delete
  3. Sirji what's is your view on nmdc

    ReplyDelete
    Replies
    1. Its showing good strength in bear market,wait for a dip to enter.avoid longs now

      Delete
  4. Can you tell me why market is going down in simple english ? Is there any chance of near term recovery?

    ReplyDelete
    Replies
    1. Its because Global markets are selling off,Us federal announced further cut in bond buying which raises liquidity problems.

      Delete
  5. HI Hariji,

    Holding Banknifty 10600 CE Feb at 330.. Significantly down.. What you suggest.. Hold or exit..

    ReplyDelete
    Replies
    1. Hello prabhakar,markets can fall further after 2,so better exit on rise to avoid further loss

      Delete
  6. sir.
    intraday target of frl from now onwards?

    ReplyDelete
    Replies
    1. No avoid it,market can fall.avoid longs

      Delete
  7. Hello Sir,
    what is your view on reliance industries...

    ReplyDelete
    Replies
    1. Its trading at support zone,wait for a while to check wether it manages to sustain or gives a down break out

      Delete
  8. Hi Hari Sir,

    FRL I m right at break even . Should I exit or accumulate further ?

    ReplyDelete
    Replies
    1. Hello suraj,Today is the last expiry for Frl,there is no next month contract so in fact short covering today should take it to higher levels but as market is deep red,shorters are managing to exit safely.
      For now exit on rise and accumulate at lower levels

      Delete
  9. sir i am holding RCOM @127.40 pl give your views for coming 1 month thnx sir.

    ReplyDelete
    Replies
    1. Its trading at support levels,if broken it can fall further.

      Delete
  10. Hello sir,

    What about bank of india & L&T finance ? Also lic housing fin?
    Thank you

    ReplyDelete
    Replies
    1. Avoid Banking sector,L &t good short term bet.

      Delete
  11. views on voltas... can it be shorted for intra?

    ReplyDelete
  12. Sir your view war right,airtel failed to break downside levels,thank you

    Binny

    ReplyDelete
  13. sir..what is next STRONG support for RCOM (cash) ?

    ReplyDelete
    Replies
    1. 114 and 112.9 are next support levels for rcom

      Delete
  14. MANGESH BHANDARI30 January 2014 at 20:56

    sir
    holding CE 10500 BANK NIFTY FEB AT 185 ur views pls

    ReplyDelete
    Replies
    1. Bank nifty has next support at 9943,expect a slight bounce back if it fails to break it,U enterd at very heavy premium,try exit on rise.

      Delete
  15. Sirji whats this turmoil,nifty has fallen 300 points from past 5 days,today U.s markets recoverd will our markets recover?

    ReplyDelete
    Replies
    1. Hello naik,Seems there is a chance that we can slip further,overall trend remains weak

      Delete