Quotes with Resistance & Support
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Intraday calls for 03-05-13

Posted on: May 3rd, 2013 at 8:29 am

Markets likely to open flat, support for Nifty at 5950

Buy Atul around 372, target: 380, SL 365

Markets are likely to trade volatile today ahead of the RBI meet

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218 Responses

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  1. PK Says:
    May 3rd, 2013
    Posted at: 8:36 am

    Sir GM, is it good to enter in niffty, bank nifty or any bank stock calls now before meet....
    If yes then which 1 to go


  2. Kartik Says:
    May 3rd, 2013
    Posted at: 8:37 am

    Hi PK, GM, can be a risky bet, would be better to avoid them


  3. mary Says:
    May 3rd, 2013
    Posted at: 8:40 am

    Good morning CB Sir

    What will be the target of Tata Motors and Bhel today ?
    Which one is good to enter for 2-3 days ? Kolte Patil or Apollo Tyres ?


  4. Kartik Says:
    May 3rd, 2013
    Posted at: 8:42 am

    Hi mary, 300 acts as strong resistance for tata motors, it can do well once it gives a breakout, BHELl ooks weak below 200 lvls, avoid it, ApolloTyre can be entered with a SL at 94.5 for a target of 99 in 2-3 days time


  5. Subin Says:
    May 3rd, 2013
    Posted at: 8:43 am

    GM kartik, if there is ratecut,which stock can chose frm bank and reality sector


  6. raushan Says:
    May 3rd, 2013
    Posted at: 8:43 am

    Good morning to all
    sir i still hold Adani port @ 153.4
    its result on 6may sir what is the espectation from result
    thanx


  7. Karan Sharma Says:
    May 3rd, 2013
    Posted at: 8:43 am

    Hi Kartik,

    Sold SIEMENS (Futures) @ 505/-.

    Sold PTC (Futures) @ 60/-.

    Plz tell wht to do?


  8. cvrprakash Says:
    May 3rd, 2013
    Posted at: 8:45 am

    Dear Kartik,

    Can I enter TCS 1500 CA today?
    Or in HCL tech..... Please suggest.


  9. Kartik Says:
    May 3rd, 2013
    Posted at: 8:47 am

    Hi cvrprakash, lets wait to see the outcome of the RBI meet today

    Hi Karan Sharma, keep a tight SL at 552 for Siemens and 61 for PTC hold the shorts for a few days

    Hi Subin, avoid banking stocks, they can be quite volatile today

    Hi raushan, not really sure of its results, hold it with a SL at 140 (support) though


  10. S. Sarkar Says:
    May 3rd, 2013
    Posted at: 8:48 am

    Hi CB & Kartik - Taken Nifty PE-5800 @63 Y'day. hold or exit.


  11. Subin Says:
    May 3rd, 2013
    Posted at: 8:49 am

    Thnks kartik

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