Quotes with Resistance & Support
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Intraday calls for 02-07-10

Posted on: July 2nd, 2010 at 8:25 am

Markets are likely to trade flat today, strong support at 5180

Buy Ranbaxy Laboratories at 460, Target: 468, SL 453

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722 Responses

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  1. Kelly Says:
    July 4th, 2010
    Posted at: 5:50 pm

    One’s upon a time, a king while meandering streets of his kingdom comes across a very poor servant who he appeared to be VERY HAPPY and was cheerfully singing while working.
    Mighty King was very puzzled. He consulted his minister [who was similar like our BIRBAL]
    The minister informed the king – “My Lord he does now belong to CLUB 99”, and after saying this he spoke something in Kings ear.
    Nest day very earlyin the morning king arranged to drop a bag containing 99 gold coins to his door step.
    The poor servant found the bag and after opening it he was very happy to see gold coins inside it, he counted coins many a times but arrived
    At same figure of 99 THAT MADE HIM VERY SAD and wondered why the one who left the bag at his door step left only 99 coins and why not 100?
    From next day he started working very hard to make money to buy that extra ONE GOLD COIN, to make his collection of 99 to 100.
    He kept on working very hard n hard, lost his happiness, he stopped singing, his family life become miserable and also his health got affected.
    Few day’s latter the minister showed to the King sorry state of overworked, horribly grumpy servant and said “Sir, the servant now officially joined THE 99 CLUB.”
    THE CLUB 99 is name given to those people who have very more than enough but keeps on craving for more and do not enjoy life.
    MORAL OF THE STORY –
    Keep booking profit in share market and do not wait for it go up further, and in intraday trades operate on WAFER THIN MARGIN.
    ARTICAL BY SHARON GUPTA.


  2. Kartik Says:
    July 4th, 2010
    Posted at: 5:56 pm

    Hi Kelly, nice one.. thanks.


  3. Raman saran Says:
    July 4th, 2010
    Posted at: 5:56 pm

    Thanks Mr. Kartik


  4. Kartik Says:
    July 4th, 2010
    Posted at: 5:57 pm

    Hi Raman saran, most welcome.


  5. Raman saran Says:
    July 4th, 2010
    Posted at: 6:00 pm

    two more question how r u viewing tomorrow's market and how will BGR energies will move


  6. Raman saran Says:
    July 4th, 2010
    Posted at: 6:11 pm

    And Now monsoon is going to enter in north west area on india so what r u r coment about GNFC its a fertilizer stock name somthing like gujrat narmada fertilizer corporation i m not sure


  7. Kartik Says:
    July 4th, 2010
    Posted at: 6:14 pm

    Hi Raman saran, markets may remain a bit weak. bgr may remain a bit flat. its seeing some profit booking after the recent run up. gnfc can see 124 in short term.


  8. Raman saran Says:
    July 4th, 2010
    Posted at: 6:18 pm

    any target for BGR because shorted BGR future @726 i m looking for atleast 720 in BGR future jul should i hold or exit


  9. Kartik Says:
    July 4th, 2010
    Posted at: 6:20 pm

    Hi Raman saran, yes, hold it. can see 710-715


  10. Raman saran Says:
    July 4th, 2010
    Posted at: 6:22 pm

    Once again LOADS of Thanks to u Mr. Kartik


  11. gitanjali Says:
    July 4th, 2010
    Posted at: 6:38 pm

    Hi Kartik, & Hi S.MAHESH.,
    kindly if i may have more info...regarding domicile certificate .. ..is it required for a british born as well? I have a british born kith, his parents wd like to know..

    to exit from all my holdings ..may I plz know is there a chance of nifty going beyond 5400 ..thanks


  12. Ravi Says:
    July 4th, 2010
    Posted at: 6:39 pm

    How is SEL manufacturing can i take at cmp and what is the target for long term


  13. gitanjali Says:
    July 4th, 2010
    Posted at: 6:50 pm

    Hi Kartik, sorry . if her parents have lived here and she studied here thr' out ..is the domiclie cerificate reqiured plz/


  14. ganga Says:
    July 4th, 2010
    Posted at: 7:02 pm

    whether tomarrow market is working day or holiday


  15. gitanjali Says:
    July 4th, 2010
    Posted at: 7:03 pm

    Hi Kartik, & mahesh,
    the messages disappear .. each time ..regarding domicile certificate .. ..is it required for a british born? I have a british born friend , her parents have lived here thr'out ..she did her schooling with me and also has done her college here.... wd she also require domicile certificate to do post graduation plz?

    will nifty touch 5400 any time soon plz?


  16. LEO Says:
    July 4th, 2010
    Posted at: 7:05 pm

    Hi Kelly,

    Nice Advice .............

    Good Luck for future market...............

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