Quotes with Resistance & Support
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Intraday calls for 02-07-13

Posted on: July 2nd, 2013 at 8:24 am

Markets likely to open flat/ slightly lower. Support for nifty is at 5850.

If markets show recovery later during the day, buy: IFCI

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212 Responses

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Comment pages: 67891011121314Show all

  1. Dathha Says:
    July 2nd, 2013
    Posted at: 6:51 pm

    sir,is it conform that what happened in dlf yesterday is short covering??


  2. Kartik Says:
    July 2nd, 2013
    Posted at: 7:21 pm

    Hi SaiPalanivel, thanks for hte update

    Hi Dathha, Yes, faces suport at 180, if holding, keep a SL at 178 and hold it for few days


  3. Dathha Says:
    July 2nd, 2013
    Posted at: 7:32 pm

    sir,ifci is decrasing and there is a good increase in open interest..is it a bearish signal?

    but you have given call to buy ifci..pls clarify


  4. PK Says:
    July 2nd, 2013
    Posted at: 8:02 pm

    Hiee sir GE,
    Saw in news tht US market has released some data n some growth is positive and even market is also trading positive
    So if it closed green, and even if SGX nifty is up, so is it possible tht tomorrow can c a good opening
    Thnks sir


  5. Kartick Says:
    July 2nd, 2013
    Posted at: 8:49 pm

    Kartik / CB ... its been long .. didn't had time to follow the market ... cant do daily trade for now .. can you suggest me 3-4 stocks which have potential to give a return of 200-300% down the line 12-18 months .. I can only play long for now .. appreciate your help as always ...


  6. Kartik Says:
    July 2nd, 2013
    Posted at: 9:05 pm

    Hi Dathha, Yes, it saw a bounce from its strong support at 25, it can be entered wit ha SL at 24.6 for a few days, can see upto 28 lvls

    Hi PK, Yes, seems may open higher tomorrow

    Hi Kartick, sure, at current levels Balmer Lawrie & Co. looks good for MId/Long term invsetemnt


  7. jaikumar Says:
    July 2nd, 2013
    Posted at: 9:38 pm

    Hi karthik & cb,
    tomorrow which level can i enter long on reliance power and gail and bajaj fin? which one is good pick? give me level?


  8. RC Says:
    July 2nd, 2013
    Posted at: 10:11 pm

    Hi CB/Kartik..FII data suggesting net selling in Ind Fut and Ind Optns..Should we expect some downside in market in coming days?


  9. Shiju Says:
    July 2nd, 2013
    Posted at: 10:24 pm

    Hi Kartik/CB/Friends,

    Please let me know your views on RKSV Securities to open a new trading account.........

    Thank you.


  10. Kartik Says:
    July 2nd, 2013
    Posted at: 10:42 pm

    Hi jaikumar, avoid entring stocks for long term at current levels as Markets look uncertain for now, wait for a couple of weeks

    Hi RC, we may settle around 5850 for some time before moving downards

    Hi Shiju, not really sure of it


  11. Dipu Says:
    July 2nd, 2013
    Posted at: 11:02 pm

    I've taken BHEL @ 184 pls suggest me abt the target and stop loss ?


  12. aaditya Says:
    July 2nd, 2013
    Posted at: 11:03 pm

    hello sir
    is there any stock in ur radar for SIP??
    i would like to invest in HCC, JPASSO, HDIL, TATAMOTORS & BHEL thorgh SIP.
    is it right decision??
    thx n regards
    aadi


  13. Kartik Says:
    July 2nd, 2013
    Posted at: 11:45 pm

    Hi Dipu, it looks weak overall, hold it with a SL at 178 and try to exit on any rise ahead

    Hi aaditya, would be better if you invested in a MF instead, HDFC Top 200 is a good one


  14. vishal Says:
    July 3rd, 2013
    Posted at: 12:04 am

    tomorrow the market will tank by 70-80 points nifty, so short it at opening bell.


  15. Sanchit Says:
    July 3rd, 2013
    Posted at: 9:49 am

    Sir, should I buy Yes bank at cmp for short term?

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