Intraday calls

[jsswaroop]

I am holding SPARC @ 104. Now at 98
What should I do?

 

[n_arvind2000]

I am holding SPARC @ 104. Now at 98
What should I do?

SPARC is technically in bullish zone...and trend is up..

Also 5 day RSI @ 41 and 14 day RSI @ 51 respectively

S 2 S 1 Pivot R 1 R 2
93.15 95.70 100.60 103.15 108.00

sswaroopji SPARC is hold will hit 120-135 levels....:thumb:

 

[jsswaroop]

sir, you can call me Swaroop

 

[bthakwani]

hi sir..

ive been following u for a few days now and im fond of ur predictions...


what would be ur view on axis bank today... after the merger with enam news...

will it be one of ur picks for intraday today..?

 

[n_arvind2000]

hi sir..

ive been following u for a few days now and im fond of ur predictions...


what would be ur view on axis bank today... after the merger with enam news...

will it be one of ur picks for intraday today..?

Under this deal, for each share of Enam, its shareholders will get 5.7 shares of Axis Bank. In effect, at Tuesdays closing price of Rs 1,462 for Axis scrip on the NSE, this swap ratio values the unlisted Enam share at about Rs 8,333. The valuation of the deal is 20 times the earnings of Enam.


Axis bank did not have much foot hold in securities business. But it is happening at a higher premium.
There will be action today but should wait and watch....
But yes, with long term prespective.... good for Axis Bank with profits, dividends when added upon. :clapping:

 

[n_arvind2000]

Orchid BTST made...12.4 points higher...today...high308.4

Gitanjali high 323 today.... i presume our average buy is @ 330-335.
Now trading around 318 levels....upmove should tick soon.....

And Axis bank...no action bthakwani ji even after the news...
As i said long term...benefit would be huge....
Bank stocks should be avoided at this point of time...

 

[n_arvind2000]

Bank Nifty falling badly

 

[jsswaroop]

can I go long in Gitanjali @ 306?

 

[n_arvind2000]

Hangseng 315.59 (1.36%)
Seoul Composite 24.29 (1.28%)
Nikkei 166.06 (1.69%)

Our fall could be due to Telecom scandal...internal problems...

Nifty spot should hold 5910-5930 levels... Europe and dow futures in green....Should go up in the 2nd half...

Intra: BUY GRASIM 2260 TGT 2284 2295 SL@ 2252

Gitanjali low of 301.55 and now around 308.5 with NIFTY @ 5933.75 -54.95
Be long ......with 350 and above target....

 

[jsswaroop]

gitanjali now 313 should i exit for intraday? or hold for more?