Quotes with Resistance & Support
Market Information

Intraday calls for 01-06-10

Posted on: June 1st, 2010 at 8:23 am

Markets likely to open slightly lower. Support for nifty is at 5020 and resistance at 5110

Buy Vijaya Bank at 58.95, target: 62. Stoploss: 57.20
Buy Lupin at 1860.20, target: 1885. Stoploss: 1842 – (book profits at 1880)

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701 Responses

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  1. vinod Says:
    June 1st, 2010
    Posted at: 12:39 pm

    HI Kartik ,
    UNIPHOS bought @188 ,now @178 ,what to do now shall I hold/avrage or book loss ?


  2. N Murali Says:
    June 1st, 2010
    Posted at: 12:39 pm

    Hi Cb,

    Entered Vijaya Bank@ 59.75. Could I be squared off today or can I take
    position Tmrw’s target pl!


  3. raj Says:
    June 1st, 2010
    Posted at: 12:39 pm

    Can i sell ashok leyland???


  4. cks Says:
    June 1st, 2010
    Posted at: 12:40 pm

    Hi Kartik, Would you please check my 11:31am query?


  5. nitin Says:
    June 1st, 2010
    Posted at: 12:40 pm

    hi kartik... is there any possibility of upside with karnataka bank from 166/- onwards..


  6. Mahesh Says:
    June 1st, 2010
    Posted at: 12:40 pm

    Hi Kartik,

    What is your view on IFCI i have [email protected] now the price is gowning down.. had bought it for intraday.. :(


  7. S.MAHESH Says:
    June 1st, 2010
    Posted at: 12:40 pm

    Hi Gopal,
    risky to short oversold scrip, not gone down much in red market cover at 120.121.


  8. Ravi Says:
    June 1st, 2010
    Posted at: 12:41 pm

    Hi Kartik, holding 5100 put at 150. When should I book my profits


  9. S.MAHESH Says:
    June 1st, 2010
    Posted at: 12:42 pm

    taking lunch brake.


  10. Kartik Says:
    June 1st, 2010
    Posted at: 12:43 pm

    Hi vinod, it faces strong resistance around 189-190, above which it can do well, hold it as of now

    Hi raj, dont go short on it yet

    Hi Mahesh, hold it for some more time, it can do well

    Hi Ravi, hold it with a trailng SL at 5050

    Hi cks, ITC looks strong, you may enter in small quantity with a SL at 274


  11. Ravi Says:
    June 1st, 2010
    Posted at: 12:45 pm

    Thanks Kartik, Also Holding Vijaya Bank 65 cal at 1.75. Now it is at 1.5. Plz suggest wat to do in this?


  12. airbites Says:
    June 1st, 2010
    Posted at: 12:45 pm

    SM/CB - Can i buy nifty future (for intraday) when cash market touches 5000 - 5010 ?


  13. Kartik Says:
    June 1st, 2010
    Posted at: 12:45 pm

    Hi nitin, its facing some profit booking tomorrow, it can do well in the coming 3-4 days time tough


  14. Gopal Says:
    June 1st, 2010
    Posted at: 12:45 pm

    Thanks S. Mahesh sir

    i coverd with profit


  15. nitin Says:
    June 1st, 2010
    Posted at: 12:45 pm

    hi kartik… is there any possibility of upside with karnataka bank from 166/- onwards..


  16. N Murali Says:
    June 1st, 2010
    Posted at: 12:45 pm

    Hello Kartik,

    U missed my query. pl reply

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