Quotes with Resistance & Support
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Intraday calls for 01-04-10

Posted on: April 1st, 2010 at 8:22 am

Markets likely to see a higher opening. Support for nifty is at 5250 and resistance at 5320.

If markets show weakness later during the day, sell: Dishman Pharmaceuticals and Chemicals Ltd – (exit positions at 216.50)

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642 Responses

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  1. Kartik Says:
    April 1st, 2010
    Posted at: 3:51 pm

    Hi LEO, most welcome


  2. suresh Says:
    April 1st, 2010
    Posted at: 3:51 pm

    dear karthick am new to market what does it mean "they can add 60-80 in a years time"
    is monday right time for buying those shares?will monday open at weak?


  3. Vijay Says:
    April 1st, 2010
    Posted at: 3:52 pm

    hi Karthik: FCS Software Solutions Ltd - Why it s going down. I am holding it @ 7.60 but as i see in online trading protal evrytime the Bid valume will be 10 times more than offer valume but still the price is still going down like anything.
    Whats happening with this share ,Pls advice


  4. shiva Says:
    April 1st, 2010
    Posted at: 3:54 pm

    why i hv not received renuka sugar yet?


  5. HITESH Says:
    April 1st, 2010
    Posted at: 3:56 pm

    kartik can tata steel reach to 670 level on monday as metals saw a lot of buying intrest today


  6. Kartik Says:
    April 1st, 2010
    Posted at: 3:56 pm

    Hi suresh, sorry, I meant they can add 60 to 80 % in Long term, at current levels you may buy some of Confidence Petor and Nila Infra

    Hi Vijay, the company has been posting stagnant profits for the last 3-4 years time, tough the Bid volume is more, they are not willing to enter the stock at CMP, they might have kept at buy action at a lower price, Since you have it at higher levels, it would be better if you hold it for Mid term


  7. Vijay Says:
    April 1st, 2010
    Posted at: 3:57 pm

    Pls at what price i can re-enter this share, what level is the strong support.


  8. Kartik Says:
    April 1st, 2010
    Posted at: 3:58 pm

    Hi HITESH, Markets are likely to trade lower in the coming week, it might see some profit booking around 660 levels

    Hi shiva, you shall get them in the coming week


  9. Kartik Says:
    April 1st, 2010
    Posted at: 3:59 pm

    Hi Vijay, dont add more of it, it faces strong support around 3 levels, its likely to give a bounce from CMP in Short term


  10. Vijay Says:
    April 1st, 2010
    Posted at: 4:01 pm

    So should i wait till it reaches Rs 3 ?


  11. suresh Says:
    April 1st, 2010
    Posted at: 4:10 pm

    dear karthik will nila infra go beyond 2?bcoz its 52 wk high 2.82?


  12. Mano Says:
    April 1st, 2010
    Posted at: 4:14 pm

    Dear CB, Whats your view on Renuka Sugar? Any bounce likely on monday? Just bought 75 CA.


  13. Bishan Says:
    April 1st, 2010
    Posted at: 4:17 pm

    Kartik sir i am holding guj nre cock @ 75 at what level i should exit


  14. NSE_Trader Says:
    April 1st, 2010
    Posted at: 4:27 pm

    Hi CB,
    Is Alok industries a but at cmp ?
    Thanks


  15. rashid Says:
    April 1st, 2010
    Posted at: 5:19 pm

    cb sir,,,,,,,mcleod down 30 rs from my buying price .........whats prospect,,,,,,cant do for long term


  16. rashid Says:
    April 1st, 2010
    Posted at: 5:27 pm

    any news on mcleod

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