Quotes with Resistance & Support
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Intraday calls for 03-02-11

Posted on: February 3rd, 2011 at 8:30 am

Markets likely to open higher, Strong support at 5390, Resistance at 5550

If markets weakens later, go Short on Jubilant Foodworks for a target of 515

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685 Responses

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Comment pages: 456789101112Show all

  1. shiva Says:
    February 3rd, 2011
    Posted at: 9:27 am

    herohonda seeing short covering?? went above 1550


  2. Pragathi Sundar Says:
    February 3rd, 2011
    Posted at: 9:27 am

    Hi Karthik,

    I invested 1.5 lakh last year and I was new to the markets. Now I have a loss of 37000 in the markets. When will the markets rise. I have been rising some good profits in intraday trading. But i have not traded for 4 weeks. When is it safe to enter the markets. What is affecting it so much?


  3. Trade4444 Says:
    February 3rd, 2011
    Posted at: 9:27 am

    Dear Kartik,
    The charts are not indicating RSI and MACD.


  4. MICKY Says:
    February 3rd, 2011
    Posted at: 9:28 am

    kartik shld i short more jubliant and average it now


  5. raj Says:
    February 3rd, 2011
    Posted at: 9:28 am

    Short in rcom @ 115.5, pls suggest


  6. nish Says:
    February 3rd, 2011
    Posted at: 9:28 am

    do i hold kalindi rail?? i have at 175??


  7. Akash Says:
    February 3rd, 2011
    Posted at: 9:28 am

    Hi Kartik, Hi Kartik, Then anything which I can buy today.. Or continue to hold C mahendra for target 200+ in few days?


  8. askimaski toss Says:
    February 3rd, 2011
    Posted at: 9:28 am

    ASHOK LEYLAND JAN SALES SLIP TO 7,711 UNITS
    BSE BLOCK DEAL: ADANI ENTERPRISES 500000 SHARES AT 586.00 INR
    NSEI BLOCK DEAL: STATE BANK OF INDIA 50521 SHARES AT 2581.20 INR

    ( DERIVATIVES DESK )> ITT - BUY JSWSTEEL @ 932 , SL 917 , TGT 962


  9. Tejas Says:
    February 3rd, 2011
    Posted at: 9:28 am

    BUY TATASTEEL 631 SL 626 TGT 637-640


  10. Kartik Says:
    February 3rd, 2011
    Posted at: 9:29 am

    Hi Trade4444, it shall automatically start, it needs a few candles to plot them

    Hi Pragathi Sundar, Markets have been weak lately, continue to hold your Stocks for Mid term, dont avg them out yet

    Hi shiva, yes


  11. MICKY Says:
    February 3rd, 2011
    Posted at: 9:29 am

    Kartik shld i short more of jubiat @ average it


  12. Kartik Says:
    February 3rd, 2011
    Posted at: 9:29 am

    Hi nish, hold it till Budget


  13. Kartik Says:
    February 3rd, 2011
    Posted at: 9:29 am

    Hi MICKY, no, keep a SL at 638


  14. Kartik Says:
    February 3rd, 2011
    Posted at: 9:30 am

    Hi Akash, continue to hold C Mahedra

    Hi raj, hold it for 2-3 days, can see 108


  15. Dhaval Says:
    February 3rd, 2011
    Posted at: 9:30 am

    sir...

    hindalco can see some down trend...??? any down side TGT...?? we are holding short position ?

    pls advice


  16. Akash Says:
    February 3rd, 2011
    Posted at: 9:31 am

    Hi Kartik, Ok.. Also, how is Nitco Tiles. Seems they posted excellent result and it can see new heights.. CMP is 62+ (50 Paisa up)

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