Karthik's short term calls

#71
hello kartik,

may i know about bharat forge , as last week it started moving frrom 323 to 390,
but this week it is going down.
i believe bharatforg will go down some more before rising again....a strong support is there around 335...if that holds, then it will rise again...if that support is broken, it will go down further...

Thanks.
 
#74
Karthik,

I am a doctor. I have a computer & Net accesss at office but have to do my job most of the time. I watched Punj Lloyd till about 11 or so and squared off with a loss as I did not want to take any risk on a settlement day. By the time I could get back to my demat account in the afternoon, Punj and ICICI Bank (which also I had squared off with a measly profit) had both advanced as expected and had made good gains. Well, that's life.

The market was just looking for an excuse to come down and Benazir Bhutto's assassination has provided the trigger, I think. I expect a sizeable drop tomorrow and then a continuing slide for a few more sessions. Since I don't indulge in short-selling I'll wait it out. Hope to see an uptrend before the end of next week.

In the meantime, please do put up some good scrips for Monday, in case my presumption turns out to be wrong.

Keep up the good work.
 
#76
Hi Karthik,
I brought Nalco today. I feel there is a breakout in yesterday trade. Can you please let me know ur opinion and what may be the target for next three to four days. Waiting for ur reply.

Thanks,
Nagendra
 
#77
can you tell me the hort term outlook of relience ind.? as i have bought 3100 jan call at rs.45
also, i believe its not a great idea to buy a jan call in december....there will surely be a dip in reliance soon and that would have been the ideal time to buy the call (sometime around jan 10).....anyway, lets see how things go for you...
 
#79
hi
i give some stock tips
1) Escorts buy at current market price target is 165 stoploss ta 141
2)jagsnpharm target 30 stoploss is 27
3)Redington target is 438 stoploss is 395 previous close at 422
hope this stocks will achive their target in 5-10 days
any queries please reply
thank you !!!!!!!!!!!!!
 

Similar threads