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

Posted on: October 1st, 2010 at 8:18 am

Markets likely to open slightly higher. Support for nifty is at 5980 and resistance at 6100

Buy NIIT Technologies Ltd at 202.80, target: 210. Stoploss: 197 – (Book profits at 211)

11.10am – buy KPR mills at 210.70, target: 216. Stoploss: 205 – Looks strong Technically above 205, continue to hold as BTST with a same SL

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1,028 Responses

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  1. Chandrika Says:
    October 1st, 2010
    Posted at: 2:51 pm

    Hi Karthik

    What is ur view on Unitech ? I am holding from 1year @94. Can I hold this or sell ? PLs suggest . today it 5 rupees up. this rally is continues in this stock or we will look some correction ? Pls suggest


  2. Akash Says:
    October 1st, 2010
    Posted at: 2:51 pm

    Hi Kartik, I should have not put SL for SBI but I put and it triggered at 3242. Though in some profit but overall loss as I will be paying big brokerage. Now I bought it again at 3270. Will it see 3500+ today?


  3. Gitanjali Says:
    October 1st, 2010
    Posted at: 2:51 pm

    Hi Kartik, Can not understand at all .. what to do now?


  4. Kartik Says:
    October 1st, 2010
    Posted at: 2:51 pm

    Hi Tj, it looks strong above 205, hold it

    Hi N Murali, you may buy some of KPR

    Hi yogi, it can be a risky bet to buy at high levels, you may enter Unitech with a SL at 92


  5. Dhana Says:
    October 1st, 2010
    Posted at: 2:52 pm

    Hi Kartik,

    I hold unitech 90 PA @ 3.75, ifci 60 put @ 1.2 and nifty 6100 PE @ 125. What to do ?


  6. Babal Says:
    October 1st, 2010
    Posted at: 2:52 pm

    Hi Kartik,

    Can bajaj Auto can show some upmove tomorrow. What price should i book Kpr mills. Please advise chief..


  7. Kartik Says:
    October 1st, 2010
    Posted at: 2:52 pm

    Hi Gitanjali, hold it for some time, some FII's have been banned and we might see some downside

    Hi Chandrika, it looks strong, can see 100+ levels in the coming wekk


  8. N Murali Says:
    October 1st, 2010
    Posted at: 2:52 pm

    ok boss.


  9. SAI Says:
    October 1st, 2010
    Posted at: 2:52 pm

    hI Kartik

    Can I enter TCS oct. fut @ cmp


  10. Kartik Says:
    October 1st, 2010
    Posted at: 2:52 pm

    Hi Akash, oh, it can see 3300 today


  11. Kartik Says:
    October 1st, 2010
    Posted at: 2:53 pm

    Hi SAI, yes, it looks strong above 950


  12. Shanthi Says:
    October 1st, 2010
    Posted at: 2:53 pm

    Hi Kartik, what is the reason for our Nifty goes up & up ?


  13. Arun Karthik Says:
    October 1st, 2010
    Posted at: 2:53 pm

    KArtik,

    Why this relentless run up in markets? Will it come down crashing the same way?


  14. yogi Says:
    October 1st, 2010
    Posted at: 2:53 pm

    around 197 FII 's banned


  15. Gitanjali Says:
    October 1st, 2010
    Posted at: 2:54 pm

    I have not done jobbing till now .. but that is the only way out ..i guess..


  16. luckvijay Says:
    October 1st, 2010
    Posted at: 2:54 pm

    sirji i m short in nelco futures at 297 now 410 wat to do? plz suggest

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