Quotes with Resistance & Support
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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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  1. LP Says:
    February 3rd, 2010
    Posted at: 2:34 pm

    Hi Kartik,

    can i enter amtek auto at cmp?


  2. Kartik Says:
    February 3rd, 2010
    Posted at: 2:34 pm

    Hi Angana, sorry, hold it for a target of 220, with a trailing SL at 215

    Hi Shads, call seems much better

    Hi sundeep, dont add more yet, wait for some more time, it seems to face some resistance around 420 levels

    Hi Atanu Jana, no, dont go short yet


  3. JP Says:
    February 3rd, 2010
    Posted at: 2:34 pm

    can we buy balkrishna ind at cmp


  4. Kartik Says:
    February 3rd, 2010
    Posted at: 2:35 pm

    Hi IRFAN PATHAN, could you please let me knwo the BSE code of it

    Hi LP, no, dont enter it yet

    Hi ruthwik, hold it for Long term, it can add 50-60%, Realty sector seems strong for Invesment


  5. Kartik Says:
    February 3rd, 2010
    Posted at: 2:36 pm

    Hi JP, no, dont ente it now


  6. Tulika Says:
    February 3rd, 2010
    Posted at: 2:36 pm

    Hi Kartik, hey its working,balkrishna reached 596 now.where do i place mt sale order?


  7. ruthwik Says:
    February 3rd, 2010
    Posted at: 2:37 pm

    thank u karthik.


  8. LP Says:
    February 3rd, 2010
    Posted at: 2:37 pm

    Hi Kartik,

    ok thanks what about HDIL for 1 week


  9. Sidharth Says:
    February 3rd, 2010
    Posted at: 2:38 pm

    Kartik, Should i get out of andhra bank now..no movement in it....Thx..:)


  10. ASHIM Says:
    February 3rd, 2010
    Posted at: 2:39 pm

    Hi,Kartik…please advice me about kesoram for sort turm….I brought@400…….


  11. Deepak7791 Says:
    February 3rd, 2010
    Posted at: 2:39 pm

    Thanks Kartik.


  12. shiva Says:
    February 3rd, 2010
    Posted at: 2:39 pm

    may i add sel manuf at cmp???


  13. ANIL SAH Says:
    February 3rd, 2010
    Posted at: 2:39 pm

    HI KARTIK, I M BUY HINDALCO 160 CALL @ 4.7.SO I M HOLD /EXIT


  14. Tulika Says:
    February 3rd, 2010
    Posted at: 2:39 pm

    Hi Tulika, Balkrishna now 607..what a damn scrip!! I dont beleive this !!


  15. Dhritiman Sanyal Says:
    February 3rd, 2010
    Posted at: 2:40 pm

    Dear Kartik,

    Many many thanks for the Micro Ink tip....could have made a fortune but chickened out and made only minor gains.... but it was a lovely tips any reason for the sudden spurt???


    Warm Regards,

    DS


  16. LP Says:
    February 3rd, 2010
    Posted at: 2:40 pm

    whats happening in balkrish ind sudden jump

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