Quotes with Resistance & Support
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Intraday calls for 03-05-11

Posted on: May 3rd, 2011 at 8:18 am

Markets likely to open flat, support for Nifty is at 5650 and resistance at 5760

Buy Lupin at 431, Target: 438, SL 425

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667 Responses

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  1. arun bj Says:
    May 3rd, 2011
    Posted at: 9:30 pm

    hi kartik good evening i think .gtl infrastructure and jain irregation ..not down so much .. i feel to enter those .. it ll move in a day or two ..what your view on this


  2. Kartik Says:
    May 3rd, 2011
    Posted at: 9:43 pm

    Hi palanivel, support at 5560, resistance at 5620

    Hi thirupathi, hold it for Short term

    Hi arun bj, GE, no, they are at crucial support levels, wait for some time


  3. Kb Says:
    May 3rd, 2011
    Posted at: 9:44 pm

    Hi thavva, hmm.. thanks. will chek :)


  4. suzane Says:
    May 3rd, 2011
    Posted at: 9:45 pm

    Hi Kartik, whats ur vision for our market for tommorow.
    My portfolio is down for an average 40%. What to do ?? People says its safe to bet for long term, and a huge loss of 40% on my holding of long term.


  5. MICKY Says:
    May 3rd, 2011
    Posted at: 9:49 pm

    Talwalkars Better Value Fitness Ltd.
    how it for intraday also tell me abt Rajesh Exports Ltd


  6. Akash Says:
    May 3rd, 2011
    Posted at: 9:49 pm

    hi holding BGR at 576..should i exit or hold it??


  7. himanshu Says:
    May 3rd, 2011
    Posted at: 9:50 pm

    hello kartik


  8. Subhag Ghosh Says:
    May 3rd, 2011
    Posted at: 9:54 pm

    Option data indicates a range of 5600 - 5800 in next couple of days,the option data indicates that the downside is capped but upside is also limited to 5800/5850 max.

    The gap created from 5529 ( 24/03 high) to 5561 ( 25/03 low) , can act as support.

    SG


  9. care Says:
    May 3rd, 2011
    Posted at: 9:55 pm

    Hi CB, Thanks.


  10. arun bj Says:
    May 3rd, 2011
    Posted at: 9:59 pm

    ok kartik ... i didnt book bharti .. holding now .. can i exit tomo


  11. Subhag Ghosh Says:
    May 3rd, 2011
    Posted at: 10:11 pm

    Any technical suggestion on Nifty`s trendline of higher lows has still not being broken (trendline drawn by joining 5177.70/5242.50/5348.40/5554.85.


  12. smh Says:
    May 3rd, 2011
    Posted at: 10:20 pm

    kartik, holdiing tata global @ 105 and PFC @ 226 in fut pls help how to go about shld i tarde intra and reduce my loss whats yur view abt both pls


  13. Kartik Says:
    May 3rd, 2011
    Posted at: 11:03 pm

    Hi suzane, hold your stocks for Long term, the shall do well, Markets can give a bounce tomorrow

    Hi MICKY, Talwalkars looks good above 240 (strong resistance), not sure of Rajesh exports

    Hi Akash, hold it for Short term

    Hi himanshu, GE

    Hi arun bj, yes, exit tomorrow

    Hi smh, Tata below 100 looks weak, if possible hold them for Short/Mid term, they can do well once Markets recover


  14. nv Says:
    May 3rd, 2011
    Posted at: 11:14 pm

    Which Bank can be accumulated on dips .... Canara or SBI ?


  15. Sunil Rao Says:
    May 3rd, 2011
    Posted at: 11:22 pm

    Hi thavva, Thanks for the info, but never trust brokers' remarks about their competition. Try to get user feedback. Also google search for brokers' complaints / reviews. You will get a better picture. And as Ventura is offering a one month trial, so one can check for themselves.


  16. tejas gupta Says:
    May 3rd, 2011
    Posted at: 11:23 pm

    Hi Kartik, sir thanks for your advice .. booked 6900 profits in 5200 put today

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