Quotes with Resistance & Support
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Intraday calls for 07-04-10

Posted on: April 7th, 2010 at 8:21 am

Markets likely to see a flat opening. Nifty has support at 5350 and resistance at 5420.

Buy Federal Bank Ltd at 279.55, target: 288. Stoploss: 274.
Buy Pricol Ltd at 27.95, target: 29.50. Stoploss: 27

9.30am – Book profit in BTST call of Hyderabad industries at 665

Book profits in Corporation bank at 508 (technical section)

1.00pm – in futures one can short sail at cmp 255 with sl at 259.

3.01pm – btst – buy irb infra in small quantity at 292, target 302. sl 285.

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631 Responses

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  1. Gitanjali Says:
    April 8th, 2010
    Posted at: 7:35 am

    Hi Kartik, good morning..now ..I may need all the luck!!!Thanks a lot !!


  2. Kartik Says:
    April 8th, 2010
    Posted at: 7:43 am

    Hi wasan, it has strong resistance near 800. for now hold it. in short/med term can see 850

    Hi Gitanjali, Good morning. :) Best of luck..


  3. ARUP Says:
    April 8th, 2010
    Posted at: 7:45 am

    hi,kartik good morning


  4. Kartik Says:
    April 8th, 2010
    Posted at: 7:46 am

    Hi ARUP, Good morning..


  5. suzane Says:
    April 8th, 2010
    Posted at: 8:04 am

    good morning kartik .... Sgx nifty is down 24 points ... What about irb infra ?? Will i be able to buy iy below 292 ??
    Will market bounce back positive after opening till days end ??


  6. Kartik Says:
    April 8th, 2010
    Posted at: 8:09 am

    Hi suzane, Good morning. buy it below 292. markets can recover some later..


  7. ram Says:
    April 8th, 2010
    Posted at: 8:13 am

    Good Morning karthik,
    How is the market going to be today


  8. ram Says:
    April 8th, 2010
    Posted at: 8:15 am

    what is the penny stock u advise today karthik


  9. Kartik Says:
    April 8th, 2010
    Posted at: 8:16 am

    Hi ram, Good morning. likely to open slightly lower. 15-20 points.

    Hi ram, no, as of now not sure of any


  10. ram Says:
    April 8th, 2010
    Posted at: 8:17 am

    shall i book the profits in andhrabank or hold it


  11. Kartik Says:
    April 8th, 2010
    Posted at: 8:19 am

    Hi ram, book profits for now.


  12. pinto Says:
    April 8th, 2010
    Posted at: 8:23 am

    good mng kartik and all what about nifty?


  13. Kartik Says:
    April 8th, 2010
    Posted at: 8:24 am

    Hi Kb, Good morning. no. another 2-3 days.

    Hi pinto, Good morning. likely to be in the 5350-5400 range today it seems.


  14. raja m Says:
    April 8th, 2010
    Posted at: 8:26 am

    HI Kartik,good morning.


  15. Kartik Says:
    April 8th, 2010
    Posted at: 8:28 am

    Hi Kb, he is in delhi..

    Hi raja m, Good morning.

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