Quotes with Resistance & Support
Market Information

Intraday calls for 13-12-12

Posted on: December 13th, 2012 at 8:37 am

Markets likely to open flat, Support for Nifty at 5870

Buy Mahindra & Mahindra around 950, target: 966, SL 939 - (SL triggered in M&M)

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311 Responses

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  1. cvrprakash Says:
    December 13th, 2012
    Posted at: 9:58 pm

    Hi Kartik,

    I use Chartink.com for most of my stock charting things,
    like that which one you recommend for currency? USD/INR.


  2. Kartik Says:
    December 13th, 2012
    Posted at: 10:11 pm

    Hi Palash, resistance at 5880, seems may open higher tomorrow after the news of “Cabinet has cleared the proposal of Cabinet Committee on Investment”

    Hi sdkbest, thanks for the update, could trigger a positive upmove of upto 5880 tomorrow, Infra stocks are likely to be the major gainers

    Hi Hridayesh, most welcome

    Hi cvrprakash, hmm, not really sure of commodities for now


  3. cvrprakash Says:
    December 13th, 2012
    Posted at: 10:25 pm

    Hi Kartik,

    Not commodities, I am asking for currency. Can you pls suggest me.
    Thanks.


  4. Kartik Says:
    December 13th, 2012
    Posted at: 10:30 pm

    Hi cvrprakash, sorry, not really sure of it


  5. Hridayesh Says:
    December 13th, 2012
    Posted at: 10:33 pm

    Dear Kartik, do you think, Nifty may touch 6000 in the coming month ?


  6. Subin Says:
    December 13th, 2012
    Posted at: 10:33 pm

    Hi CB/Karthk,holding nmdc 140pe..ur view on it and should i hold or sell.
    Thanks..


  7. Abhishek Says:
    December 13th, 2012
    Posted at: 10:52 pm

    Hi CB,
    Holding CE of Herohonda,M&M and REC. Your view and SL.


  8. vakulamalika Says:
    December 13th, 2012
    Posted at: 10:59 pm

    hi karthik is downtrend starts or a bit of correction shall i hold or sell???


  9. cvrprakash Says:
    December 13th, 2012
    Posted at: 11:04 pm

    Hi Kartik,

    Yesterday I entered Petronet LNG, I expected that to reach till 168-170 in coming days.
    What you read on this? I am already long in this, what SL should I have for it?
    Please suggest on this. Thanks.


  10. Manish Says:
    December 13th, 2012
    Posted at: 11:04 pm

    m eeig hexware at 75-80...it has almost corrected 20 %.....what u say for long term....


  11. Vijayk Says:
    December 13th, 2012
    Posted at: 11:46 pm

    CB/Kartik,
    Cabinet cleared new urea policy....guess this will give good boost to fertilizers stocks....please suggest.....


  12. Kartik Says:
    December 13th, 2012
    Posted at: 11:57 pm

    Hi Hridayesh, cant be certain yet, next resistance at 5880

    Hi Subin, continue to hold its PE, it looks weak overall

    Hi vakulamalika, for now it seems may open higher tomorrow, resisatnce around 5880

    Hi cvrprakash, it faces strong support at 160, keep a tight SL at 158 and hold it, has been trading in a narrow range for quite some time

    Hi Manish, looks weak overall, dont enter it yet


  13. Kartik Says:
    December 13th, 2012
    Posted at: 11:57 pm

    Hi Vijayk, Yes, can have a positive impact tomorrow


  14. cvrprakash Says:
    December 14th, 2012
    Posted at: 12:27 am

    Hi Kartik,

    Reading some positive news on Infra, I am holding Nila Infra and IVRCL.
    Can you please suggest me possible target these may reach tomorrow.

    Is Nila near support or its breaking support? Thanks for your time.


  15. Gaurav Shah Says:
    December 14th, 2012
    Posted at: 2:49 am

    any news regarding apollo tyres. bought at 85


  16. CB Says:
    December 14th, 2012
    Posted at: 3:07 am

    Hi cvrprakash, these are good short term bets. hold onto these for now. can add 12-15% in near term. nila is near good support levels. can bounce back

    Hi Gaurav Shah, technically does look good above 85. hold onto it for now. can see 92-93 in coming days

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