Monday 31 March 2014

Intraday calls for 31-3-2014

Markets likely to open Higher,resistance for nifty at 6720.

Continue to hold Adani Enterprises and Ambuja cements

Continue to hold Apollo tyres and Arvind.

Buy DR reddys labaartories with target of  2660 stoploss at 2594.

Calls are purely based on technicals,note that technicals only give direction.but doesnt assure returns.

25 comments:

  1. Good Morning Sir,

    Your view about Bank of Baroda?

    ReplyDelete
    Replies
    1. Gm,as of now its going strong on charts,hold it

      Delete
  2. SL hit in Dr reddy, shall I exit or any revised SL??

    ReplyDelete
    Replies
    1. Put strict stoploss at 2586 and hold it.

      Delete
    2. Hari sir, revised SL hit.and I exit... any recovery call please

      Delete
    3. it has only tested,bounce back expected from those levels in dr reddys.
      No call as of now,let nifty settle

      Delete
  3. Dear Sir,
    Hindu Nav Varsh ki badhai
    kindly tell about cairn and Auropharma

    Regards

    ReplyDelete
    Replies
    1. Hello For now avoid auro pharma,cairn is strong fundamental bet.accumulate at lower levels.

      Delete
  4. Sir,

    Whatz ur target for Ambuja in coming days?

    Thanks,
    Prithvi

    ReplyDelete
    Replies
    1. Hello,it has rallied quiet a lot from 150 levels,next resistance at 205 levels.

      Delete
  5. Can I buy pe of bank nifty?

    ReplyDelete
  6. Happy Ugadi Sirji,

    Dr.Reddys is down Rs.50/-,is it hold or exit .....

    ReplyDelete
    Replies
    1. THnak you and wish the same.It hit revised stoploss.exit for now

      Delete
  7. Sir Is Aravind expected to increase from current levels or will it consolidate. Your bet on arvind for intraday sell at current levels??

    ReplyDelete
    Replies
    1. Hello ram,technically its very strong,can test 179 levels provided index doesnt slip,as a slip can cause selling pressure.and appreciating rupee is also not positive for arvind.

      Delete
  8. Happy Ugadi to u and your family sir,
    I took cal option Adani ent 430 april. what is view sir.......

    ReplyDelete
    Replies
    1. Thank you and wish you the same.430 would be very high valuation,and though its technically strong,option sellers will not allow it to make continuous highs,do not buy far OTM option as premium will be eroded.

      Delete
  9. Hello Hari, what is the next support for reddy's lab?

    ReplyDelete
    Replies
    1. Hello.It broke major supports,not advised to hold.exit it.

      Delete
  10. hi sir,

    please comment/suggest the below mention shares.

    1.suzlon 5000 shares @ 21.5
    2.hindustan copper 550 shares @ 350.
    3.indian bank 1900 hares @ 190
    i am holding morethan 2 years..shall i exit?

    ReplyDelete
    Replies
    1. Hello All the scrips are in deep red,exit suzlon and Hindusthan copper on rise.Hold indian bank for now.

      Delete
  11. Sir, holding tata steel @351. Should i book profit or hold. Can hold for 1 month. Also Can I buy PVR for 3 months

    ReplyDelete
  12. Hi Hari, I am holding Reddy labs in Normal. do you suggest I can wait for 1 more session.

    ReplyDelete

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