Quotes with Resistance & Support
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Intraday calls for 02-08-11

Posted on: August 2nd, 2011 at 8:23 am

Markets likely to open lower, support for Nifty at 5470 and resistance at 5540

Buy Ranbaxy at 560, Target: 568, SL 554

11.13 – buy hdfc bank at 484, target: 490. Stoploss: 479

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426 Responses

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  1. cvrprakash Says:
    August 2nd, 2011
    Posted at: 9:15 am

    Kartik,

    Thanks for the updates.
    Kindly suggest on BGR. I had entered after your swing call on it @ 580.
    Now its well below 385.
    Can I buy some now?? Please give me a clear view on this. Really got stuck up with this.
    Please suggest a way out.


  2. shiva Says:
    August 2nd, 2011
    Posted at: 9:15 am

    it seems ranbaxy will open near target


  3. arun bj Says:
    August 2nd, 2011
    Posted at: 9:16 am

    cb good morning can go ranbaxy 600 call or petronet 190 call


  4. akila Says:
    August 2nd, 2011
    Posted at: 9:17 am

    jsw holding bought at 730.... hope i see some green...


  5. Kartik Says:
    August 2nd, 2011
    Posted at: 9:18 am

    Hi arun bj, enter Ranbaxy around 565(Cash)

    Hi shiva, yes, dont make fresh entries for now

    Hi cvrprakash, no, dont add more, has been trading weak technically, continue to hold it for Short/Midterm

    Hi Imran khan, most welcome

    Hi akila, Gm, they can be risky bets, both of them are trading weak, would be bettter to avoid them


  6. Kartik Says:
    August 2nd, 2011
    Posted at: 9:18 am

    Hi akila, can see around 720


  7. shiva Says:
    August 2nd, 2011
    Posted at: 9:19 am

    whts target and stoploss for ITC intraday?


  8. Kartik Says:
    August 2nd, 2011
    Posted at: 9:19 am

    Hi shiva, 212, SL 205


  9. AJ Says:
    August 2nd, 2011
    Posted at: 9:21 am

    anything good to buy or short after this morning dip?


  10. Kartik Says:
    August 2nd, 2011
    Posted at: 9:22 am

    Hi AJ, nothing for now


  11. AJ Says:
    August 2nd, 2011
    Posted at: 9:23 am

    Can i enter SUNTV for intraday?


  12. Kartik Says:
    August 2nd, 2011
    Posted at: 9:23 am

    Hi AJ, no, can see some profit booking coming in


  13. AJ Says:
    August 2nd, 2011
    Posted at: 9:24 am

    ESABINDIA for a buy?


  14. VIJAY Says:
    August 2nd, 2011
    Posted at: 9:25 am

    HI Kartik,
    i am holding a short poeition in Adani Enmt what can be expected....


  15. Kartik Says:
    August 2nd, 2011
    Posted at: 9:25 am

    Hi AJ, not sure of it

    Hi VIJAY, hold it with a Sl at 645, can see some profit booking today


  16. Aravind Says:
    August 2nd, 2011
    Posted at: 9:25 am

    HI karthik, good morning
    Can l short pantaloon retail.what is the nearest tgt of it.l holding this @515 pls

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