Quotes with Resistance & Support
Market Information

Intraday calls for 03-02-10

Posted on: February 3rd, 2010 at 8:18 am

Markets likely to see a slightly higher opening. Support for nifty is at 4800 & resistance at 4970.

Buy McDowell Holdings Ltd above 96.90 target: 100. Stoploss: 95. (hold it for 1-2 days for a target of 104)

9.25am – buy micro inks at 629 target 645. stoploss: 619 – (Book partial profits at 648 and hold rest with trailing sl 643)

12.19am – buy Balkrishna industries at 607, target: 617-620, sl 596 (Hard luck – hits target after hitting sl)

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607 Responses

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Comment pages: 252627282930313233Show all

  1. Suhas Says:
    February 3rd, 2010
    Posted at: 2:19 pm

    Hi karthik

    Can i buy 4800 put now for holding of 2 days?


  2. Kartik Says:
    February 3rd, 2010
    Posted at: 2:21 pm

    Hi Shads, likely to face some consoliation at current levels for a week or so

    Hi MANI, exit from it

    Hi Angana, hold it for some more time

    Hi raj, yes, hold it

    Hi manmin, yes, in 2-3 days time

    Hi Mac, no, dont enter it yet

    Hi manoj, hold them for 5-6 days time, markets are likely to see 5000 in the coming days, they can add 5-6% from CMP


  3. parul Says:
    February 3rd, 2010
    Posted at: 2:22 pm

    Hi Kartik, can i buy kernex technologies at cmp(180) for btst ?tx


  4. Deepak7791 Says:
    February 3rd, 2010
    Posted at: 2:22 pm

    Dear Kartik

    Should I buy Astec life sciences at CMP ?.

    Also please let me know HDFC target to exit for a Day or 2.


  5. ruthwik Says:
    February 3rd, 2010
    Posted at: 2:23 pm

    Hi karthik.
    I m holding JPass 150@145. today I saw that somebody advised to sell, becoz it will godownto 117 levels. pls. give me details and target price for 15days.


  6. RK Says:
    February 3rd, 2010
    Posted at: 2:24 pm

    Hi Kartik,
    I have Nifty March series at 5100. Can i continue to hold it ?


  7. shiva Says:
    February 3rd, 2010
    Posted at: 2:24 pm

    why EU is in RED?? can we see red again?


  8. Angana Says:
    February 3rd, 2010
    Posted at: 2:27 pm

    Hi Kartik, please tell me the safe target price of prakash ind?


  9. Kartik Says:
    February 3rd, 2010
    Posted at: 2:28 pm

    Hi parul, no, dont enter it yet, it seems to trade weak

    Hi RK, yes, hold it till tomorrow

    Hi shiva, not sure abt Europe, we are likely to close positive today

    Hi ruthwik, Jaiprakash Associates Ltd is a good bet for Short term, it can see 160 levels in 2-3 months time, hold it

    Hi Deepak7791, dont enter Astec life sciences yet, exit HDFC around 2560 levels


  10. Kartik Says:
    February 3rd, 2010
    Posted at: 2:29 pm

    Hi Tulika, depends on how markets react, due to weak Europe opening, it saw some downside

    Hi Angana, 110


  11. Atanu Jana Says:
    February 3rd, 2010
    Posted at: 2:29 pm

    Hi

    Can I sell NIFTY now?


  12. sundeep Says:
    February 3rd, 2010
    Posted at: 2:29 pm

    is it ok to enter in On mobile at current levels or there is still some correction expected. i am holding 50 shares at 477 and looking for averaging out.

    But what really worries me is stocks 200 day moving average of this stock is 443 and from past 2 -3 weeks the counter value is below 443 which is below it`s 200 days moving average value. Is this stock considered technically weak? pls advice.


  13. Shads Says:
    February 3rd, 2010
    Posted at: 2:31 pm

    Thanks karthik!

    So at this point what should I go for? A call or a put? Pls advise.


  14. Suhas Says:
    February 3rd, 2010
    Posted at: 2:32 pm

    Karthik shell i bu 4800 put now?


  15. IRFAN PATHAN Says:
    February 3rd, 2010
    Posted at: 2:33 pm

    HI KARTIK,
    i bought "GMT AUTO" yesterday 200 share @57 its came down from Rs 73.00
    what u see about it can it be hold for 6 months


  16. ruthwik Says:
    February 3rd, 2010
    Posted at: 2:33 pm

    thank u karthik.
    and one more abt gmr infra. I am holding this 400@80 levels, since june'09. can I keep this stock for 2more years to get benifited from it? If so How much returns can I expect? If not, at what level to sell this and time frame? pls suggest.

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