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. akash Says:
    February 3rd, 2010
    Posted at: 3:12 pm

    hi kartik............wats ur view on ZANDU PHARMA?Can we buy it at current price as its down by 18% today?


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

    HI Karthik

    Abt balakrishna ind .Can I hold Balakrishna till tomorrow? or can i sell it pls suggest


  3. MANI Says:
    February 3rd, 2010
    Posted at: 3:17 pm

    can i buy 5200 call now ?


  4. nats Says:
    February 3rd, 2010
    Posted at: 3:20 pm

    Hi CB
    Whats the tgt for unitech this week


  5. sanjay Says:
    February 3rd, 2010
    Posted at: 3:20 pm

    hey kartik…m holding mcdowell holding at 96.5…its been fluctuating between 97.9 and 96.6…and i cant sell it today…will it move up tomorrow?


  6. veshaal Says:
    February 3rd, 2010
    Posted at: 3:22 pm

    Hi Karthik,
    I taken satyam @Rs.128 on 1-09-2009. please advice ...


  7. Patel Vinod Says:
    February 3rd, 2010
    Posted at: 3:26 pm

    Hi sir, kem cho..... i have ADITYA BIRLA NUVO LTD. at 962.40, can i book loss or wait for some period if so then whats next bid


  8. Lata Says:
    February 3rd, 2010
    Posted at: 3:29 pm

    congrates balkrishna met its target


  9. Lata Says:
    February 3rd, 2010
    Posted at: 3:31 pm

    it made a high of 619.45, thanks kartik and cb.....it was a grt day,


  10. Kartik Says:
    February 3rd, 2010
    Posted at: 3:32 pm

    Hi Vijay, hold it with a SL at 4950

    Hi veshaal, hold it for Short term, it can see 150+ levels

    Hi sanjay, yes, hold it till tomorrow, it shall do well

    Hi nats, if markets do well, it can see 78 levels

    Hi MANI, you may buy it with a SL at 4900 on Nifty

    Hi Chandrika, hold it till tomorrow

    Hi akash, no, dont enter it now


  11. shipra Says:
    February 3rd, 2010
    Posted at: 3:34 pm

    cb thanks. Oh wt a day balakrishna


  12. V D Says:
    February 3rd, 2010
    Posted at: 3:35 pm

    Kartik, having Zandu @ 4950, will it bounce back again tomorrow or exit from postion???


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

    Hi Patel Vinod, hold it for Short term, say 3-4 months time, it can see 1050 levels


    Hi Lata, yes


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

    Hi V D, it seems to a operator driven stock, hold it with a tight SL at 4600


  15. Kb Says:
    February 3rd, 2010
    Posted at: 3:38 pm

    Hi Kartik,

    karthik, what about market now? does Us market will continue to rally?? if yes can we expect a gap up tomarrow?

    where is CB??


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

    kartik do you think balkrish will do tomm well to buy it again....

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