Quotes with Resistance & Support
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Intraday calls for 01-11-10

Posted on: November 1st, 2010 at 8:28 am

Markets likely to see a gap up opening. Resistance for Nifty is at 6150 and support at 5950

Buy City Union Bank Ltd at 50.60, target: 53.50. Stoploss: 48.20

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560 Responses

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  1. Tj Says:
    November 1st, 2010
    Posted at: 11:04 pm

    HI KARTIK...what do you think about tata chemicals?... it has good results this quarter...but dowm by 10 %...@ what price shud i enter?...


  2. Kartik Says:
    November 1st, 2010
    Posted at: 11:12 pm

    Hi Akash, its rallied quite a lot, can see some profit booking ahead

    Hi rock, book partial profits around 64, hold the rest for Short term

    Hi sandy, looks strong, can add another 2-3% tomorrow

    Hi Tj, dont enter it at CMP yet for Short ter, enter it around 375, faces strong support at 370


  3. rock Says:
    November 1st, 2010
    Posted at: 11:15 pm

    Hi kar,
    I have HMT at 77 levels. I can hold for 2 - 3 more months. What targets do u suggest.? or should i ext the stock.?


  4. Kartik Says:
    November 1st, 2010
    Posted at: 11:17 pm

    Hi rock, it posted weak results lately, hold it with a tight SL at 68 (strong support), it can see around 80 levels in 2-3 months, if Markets manage to trade strong


  5. trade4444 Says:
    November 1st, 2010
    Posted at: 11:17 pm

    Dear Karthik,

    When stock crosses 200dma is it a good sign for trading ?


  6. Kartik Says:
    November 1st, 2010
    Posted at: 11:19 pm

    Hi trade4444, yes, it can add another 6-8% in few days


  7. rock Says:
    November 1st, 2010
    Posted at: 11:21 pm

    Can u help me decide on target on my portfolio.
    Have IDBI at 172.
    Unitech at 91.
    Andra sugar at 132.
    Infosys at 3070.


  8. rock Says:
    November 1st, 2010
    Posted at: 11:23 pm

    plus i have a huge holding in a script called temptation foods.. Holding at 42 levels.. Have around 666 stock, Can u suggest what u should do.? Getting really tensed as the stock is slipping whether the market is up or down.


  9. Shiva Says:
    November 1st, 2010
    Posted at: 11:54 pm

    wats ur view on Alstom Projects India Lt?


  10. smh Says:
    November 2nd, 2010
    Posted at: 12:27 am

    kartik, i am holding hero honda fut seem the oct 2010 sales are abv 5 million highest till any month how much would it inpact the stock can i get 1930-1950 to book profits pls guide


  11. CB Says:
    November 2nd, 2010
    Posted at: 12:52 am

    Hi rock, IDBI, Unitech, Andhra and Infosys are more of Market movers, can add another 10-15% in 1-2 weeks time if Markets manage to trade strong, Temptation Foods is a strong bet fundamentally hold it for Long term, it can do well

    Hi Shiva, looks strong above 75, can see 775 tomorrow

    Hi smh, yes, hold it, it can see 1900+ levels in a weeks time, keep a SL at 1800 (strong support)


  12. Tejas Says:
    November 2nd, 2010
    Posted at: 12:54 am

    Sir can i enter in Ranbaxy kal ke liye intraday ..?


  13. CB Says:
    November 2nd, 2010
    Posted at: 1:21 am

    Hi Tejas, no, not yet


  14. B.S.Chauhan Says:
    November 2nd, 2010
    Posted at: 8:18 am

    Hi,CB Good morning -Is city union bank is good bat for todays intraday.


  15. CB Says:
    November 2nd, 2010
    Posted at: 8:21 am

    Hi B.S.Chauhan, Good morning. no, don't enter it yet. some resistance near 52

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