Quotes with Resistance & Support
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Intraday calls for 16-08-10

Posted on: August 16th, 2010 at 8:31 am

Markets likely to open flat.

On dips buy Nitin Fire Protection and Godrej Industries

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537 Responses

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  1. Gitanjali Says:
    August 17th, 2010
    Posted at: 5:11 am

    Hi Kartik, I read yr reply.. and shall stay with the trade .. shall I keep a sl at 221 plz?
    It must be a good stock fundamentally.. I was wrong in choosing to short this .. It is not anyone ease's fault, But my own.
    mkt may touch 5500 again , and these good stocks are likely to move higher ..
    the only other option wd be to switch to go LONG in either ucobank or tata global ..for a 5-6 rs gain .. if u say yes I shall do that ..
    I know it is unfortunate to exit at this high price..I am not sure what is best to do at this juncture .. Shall go with your advice .. Thank you.


  2. LEO Says:
    August 17th, 2010
    Posted at: 6:03 am

    Hi Kartik / Cb,

    Good Morning ...................

    Any News about Metal @ Auto sectors .....


  3. kadhu Says:
    August 17th, 2010
    Posted at: 7:34 am

    Dear Kartik/CB

    what is the target of Provogue? Can I buy canfinhome and bajajfinsv @ CMP? what is their nearest target?


  4. Kartik Says:
    August 17th, 2010
    Posted at: 8:03 am

    Hi Suresh M, most welcome

    Hi ReddySWAMI, EIHHOTEL looks good

    Hi Anil, no new calls yet, since Markets are likely to trade flat

    Hi Abhishek, you may enter CANBANK with a SL at 496 for 2-3 days time, Provogue can see 72 in the Short run, hold it, dont enter canfinhome and bajajfinsv yet

    Hi VIN, IFB Industries Ltd can see 165 and KGL around 22.80

    Hi LEO, GM, Precious Metals have added some gains

    Hi kadhu,


  5. Abhishek Says:
    August 17th, 2010
    Posted at: 8:06 am

    Hi kartik..thanks a lot///
    pls can u sugget me the entry and exit price for canara bank in that case..
    also is it looking good to u only then i will enter else pls sugget me some other script


  6. kadhu Says:
    August 17th, 2010
    Posted at: 8:14 am

    Hi Kartik

    Thank you... could you please suggest me some script for 2/3 days?


  7. Pratik Says:
    August 17th, 2010
    Posted at: 8:18 am

    hi kartik gm...pls sugget me some good scipt for intraday in FUTURES?
    thanks a lot..


  8. stalin Says:
    August 17th, 2010
    Posted at: 8:21 am

    hai buddy..how wil the markets perform for the week...


  9. Kartik Says:
    August 17th, 2010
    Posted at: 8:24 am

    Hi Abhishek, enter it around 505, it faced strong resistance at 500, keep a SL at 496, it can see 515-520

    Hi Pratik, lets wait for Markets to open up

    Hi stalin, seems we might trade in a range of 5400-5480

    Hi kadhu, as of now none


  10. Pratik Says:
    August 17th, 2010
    Posted at: 8:29 am

    ok kartik..will wait...pls sugget me about uco bank futures?
    shall i enter it today for few days...may be a week or so?
    pls suggest its entry and exit price..?
    thanks a lot..


  11. raj Says:
    August 17th, 2010
    Posted at: 9:16 am

    Can i buy acc for intraday??


  12. Kartik Says:
    August 17th, 2010
    Posted at: 9:17 am

    Hi Gitanjali, sorry, its likely to see some selling pressure today, hold it for some more time

    Hi raj, dont enter it yet

    Hi Pratik, you may enter it for a weeks time at CMP


  13. Raj Says:
    August 17th, 2010
    Posted at: 10:22 am

    Hi Kartik,

    I have bought Trigyn Tech @ 23.85.Can you please provide target ?


  14. raghu Says:
    August 17th, 2010
    Posted at: 10:31 pm

    hi i am holding andhara bank @1.10 @170 ca target for tomoorow and PVR @175 now it is 160


  15. Kartik Says:
    August 17th, 2010
    Posted at: 10:56 pm

    Hi Raj, it can see 26 in the Short run

    Hi raghu, book proifts in andhara tomorrow around 165(cash), hold PVR for short term

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