Quotes with Resistance & Support
Market Information

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. Kartik Says:
    October 1st, 2010
    Posted at: 3:00 pm

    Hi Gitanjali, yes, sure

    Hi Babal, Baja Auto can see 1560 by Monday, KPR looks strong above 205, if it seems to close flat, you may convert it to BTST, can see 218


  2. arun bj Says:
    October 1st, 2010
    Posted at: 3:01 pm

    hi kartikk sorry . i asked silly question .. because .. tata power only with profit ... nnn i bought resurgere mines 1500 shares .. .. at 2.30 ...can i add more for 1 year


  3. Kartik Says:
    October 1st, 2010
    Posted at: 3:01 pm

    Hi AR, can see 33.50 by Monday


  4. Kartik Says:
    October 1st, 2010
    Posted at: 3:01 pm

    Hi arun bj, no issues, dont add more of resurgere yet


  5. Babal Says:
    October 1st, 2010
    Posted at: 3:01 pm

    Hi Kartik,

    Thanks chief...will do as advised... :)


  6. Gitanjali Says:
    October 1st, 2010
    Posted at: 3:01 pm

    HI, I am logging off for now .. ..just to let ease the fear factor'


  7. Dhana Says:
    October 1st, 2010
    Posted at: 3:02 pm

    Hi Kartik,

    I hold unitech 90 PA @ 3.75, ifci 60 put @ 1.2 and nifty 6100 PE @ 125. What shall i do book losses or hold?


  8. Vivek Shah Says:
    October 1st, 2010
    Posted at: 3:02 pm

    Hi Kartik,

    What to do with IFCI, holding @ 62


  9. Pandit Says:
    October 1st, 2010
    Posted at: 3:02 pm

    Hi KADHU, Exit


  10. AR Says:
    October 1st, 2010
    Posted at: 3:03 pm

    is ksoils a hold????????


  11. Ani Says:
    October 1st, 2010
    Posted at: 3:03 pm

    Ok thanks boss. Converted KPR for BTST as suggested by u. Hope it reaches
    atleast 216/ on Monday


  12. kathir Says:
    October 1st, 2010
    Posted at: 3:03 pm

    hiiiiii karthik, can i go for delivery of kpr mills?


  13. AR Says:
    October 1st, 2010
    Posted at: 3:04 pm

    can KSOils see 53-54 level shortly(next week)??????


  14. Kartik Says:
    October 1st, 2010
    Posted at: 3:04 pm

    Hi Gitanjali, oh k

    Hi Ani, yes

    Hi kathir, yes, it looks strong above 205

    Hi Vivek Shah, hold it till Monday

    Hi Dhana, keep a SL at 6150 (nifty cash) and hold them

    Hi Babal, most welcome


  15. Kartik Says:
    October 1st, 2010
    Posted at: 3:05 pm

    Hi AR, yes, but faces strong support at 48


  16. Kartik Says:
    October 1st, 2010
    Posted at: 3:05 pm

    Hi ARIJIT, yes, they seem to face some consolidation, continue to hold them for another 2-3 days

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