Quotes with Resistance & Support
Market Information

Intraday calls for 02-04-13

Posted on: April 2nd, 2013 at 8:30 am

Markets likely to open flat, Resistance for Nifty at 5730 and support at 5580

Buy Gmr Infra around 22.70, target: 23.60, SL: 22.10 – (If possible continue to hold GMR infra for 1-2 days. looks good technically)

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233 Responses

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  1. Shiva Says:
    April 2nd, 2013
    Posted at: 8:32 am

    CB any stock for short mid term?


  2. Kartik Says:
    April 2nd, 2013
    Posted at: 8:33 am

    Hi Shiva, nothing new on the long side yet


  3. jss Says:
    April 2nd, 2013
    Posted at: 8:33 am

    can i enter gmdc or pantaloon retail for intraday


  4. Vinit Says:
    April 2nd, 2013
    Posted at: 8:35 am

    Gdmrng KArtik/CB Sir, which side to trade in nifty? buy a 5700 CE or 5700 PE?


  5. Kartik Says:
    April 2nd, 2013
    Posted at: 8:35 am

    Hi Vinit, a CE can be entered with a SL at 5670

    Hi jss, no, avoid them for today


  6. AJ Says:
    April 2nd, 2013
    Posted at: 8:37 am

    Do you see more upside in IGL..? may be cross 290?


  7. Vinit Says:
    April 2nd, 2013
    Posted at: 8:37 am

    ok..what levels can we expect on the upside??
    plus can i buy Tata motors 260 PE?? reports of fallen sales by 28%.. ur view please...


  8. Kartik Says:
    April 2nd, 2013
    Posted at: 8:38 am

    Hi AJ, it continues to face resistance at 280-285, a close above which can take it to 320 lvls and higher

    Hi Vinit, upto 5730, Yes, can be entered, Tat amotors look weka overall


  9. Vinit Says:
    April 2nd, 2013
    Posted at: 8:38 am

    thank u :)


  10. Ranga Says:
    April 2nd, 2013
    Posted at: 8:43 am

    good morning Guru/Karthik. Can I buy AsianPaints ans Infosys for intraday? your views please? targets, S/L ??

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