Quotes with Resistance & Support
Market Information

Intraday calls for 01-04-11

Posted on: April 1st, 2011 at 8:35 am

Markets likely to open flat, Resistance for nifty is at 5900 and support at 5780

Buy Hexaware on dips, for a target of 69

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460 Responses

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  1. Haresh Says:
    April 1st, 2011
    Posted at: 8:55 pm

    I heard that NIfty may correct upto 5700 is it true? can be know this??


  2. Abdullah Says:
    April 1st, 2011
    Posted at: 8:58 pm

    Hi Kb, Most welcome:)
    I am also not into arbitrage....
    Just sharing information :)


  3. Kartik Says:
    April 1st, 2011
    Posted at: 9:07 pm

    Hi Kb, GE

    Hi Abdullah, yes, thanks for all your posts

    Hi Haresh, since we have rallied quiet a lot in the past few days, some correction is expected, below 5800 we can see lower levels


  4. Kb Says:
    April 1st, 2011
    Posted at: 9:17 pm

    Hi Kartik, Ge karthik . . :)


  5. Abdullah Says:
    April 1st, 2011
    Posted at: 9:30 pm

    Hi Kartik, GE :)
    Always welcome Kartik :)

    Everybody, Enjoy Your Weekend :))


  6. PK Says:
    April 1st, 2011
    Posted at: 9:44 pm

    HELLO KARTIK!
    I am holding NIFTY PE 5800 APR @ 104.40 , What do you suggest to do with it?


  7. Kartik Says:
    April 1st, 2011
    Posted at: 9:52 pm

    Hi Abdullah, thanks, same to you

    Hi PK, hold it for 2-3 days, we are likely to see some profit booking ahead


  8. Gitanjali Says:
    April 1st, 2011
    Posted at: 9:56 pm

    Hi , It is ironic .. that the world markets , [western ] ..the only day they fell was when the oil price rise shocked/hurt them..
    And then the decision to strike Libya unfolds , markets rejoice .. even as the oil price continued to rise ..
    It is 'power play' of the ' Bulls of the world .. ' .
    They never had any reason to hurt the lives of innocent people of Libya..[ whatever problem Libya had was internal' ] besides , where were the messiah's 'of the world, while Gadaffi was in office all these yrs ?
    There is dire shortage of food, water,& medicine in Libya ..


  9. r k g Says:
    April 1st, 2011
    Posted at: 9:59 pm

    Sir bought tata steel 640 call at 17 rs now has come down . please suggest hold or exit ?


  10. Kartik Says:
    April 1st, 2011
    Posted at: 10:01 pm

    Hi Gitanjali, U.S has announced that their unemployment has fell, this has caused a global recovery, finance.yahoo.com


  11. Kartik Says:
    April 1st, 2011
    Posted at: 10:02 pm

    Hi r k g, continue to hold it with a SL at 618 (cash)


  12. PK Says:
    April 1st, 2011
    Posted at: 10:06 pm

    Seeing the global markets trends today ...still do you hold the view of markets correcting next week?


  13. hitesh Says:
    April 1st, 2011
    Posted at: 10:08 pm

    hi cb is monday off for indian markets


  14. Aman Says:
    April 1st, 2011
    Posted at: 10:14 pm

    Hi Kartik.! Which sector can do extraordinary well related to India Growth story..
    Abrasives
    Auto
    Auto Ancillaries
    Banks – Private Sector
    Bearings
    Breweries & Distilleries
    Cables
    Cement
    Chemicals
    Cigarettes
    Compressors
    Couriers
    Domestic Appliances
    Dyes & Pigments
    Edible Oils & Solvent Extraction
    Electric Equipment
    Electricals
    Engineering – Heavy
    Finance
    Food Processing
    Glass & Glass Products
    Hospitals & Medical Services
    Lubricants
    Mining/Minerals
    Paints/Varnishes
    Personal Care
    Pharmaceuticals
    Power – Transmission/Equipment
    Printing & Stationery
    Sugar..


  15. Kartik Says:
    April 1st, 2011
    Posted at: 10:19 pm

    Hi hitesh, no, Markets are open

    Hi Aman, likely to be I.T sector in the long run

    Hi PK, yes, some profit booking is likely as Markets look overbought


  16. Aman Says:
    April 1st, 2011
    Posted at: 10:36 pm

    can u pls suggest 1,2 multibeggar for 1,2 years from I.T..

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