Quotes with Resistance & Support
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Intraday calls for 04-01-10

Posted on: January 4th, 2010 at 8:14 am

Markets likely to see a flat opening. Resistance for Nifty is at 5220 and support at 5150

Buy Apcotex Industries Ltd at 87.70, target: 90.50. Stoploss: 86
Buy Binani Cement Ltd at 72.25, target: 75.20. Stoploss: 71

1.02pm – buy Edserv Softsystems at 255.20 target: 262. sl 251 – trade in small quantities. – (Book profits at 259.75)

2.44pm – btst – buy Adani Enterprises at 451 target: 470. Stoploss: 441

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724 Responses

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  1. Rajit Says:
    January 4th, 2010
    Posted at: 3:24 pm

    Thanks Kartik


  2. MANISHA Says:
    January 4th, 2010
    Posted at: 3:25 pm

    thankx kartik


  3. Kartik Says:
    January 4th, 2010
    Posted at: 3:27 pm

    Hi JASEEM, it would be better keep a SL at 0.80 on it and hold

    Hi shiva, no, hold it for some more days


  4. lipi Says:
    January 4th, 2010
    Posted at: 3:28 pm

    Ruchi Soya is going down.Shld book loss at the point o hold?


  5. rishi Says:
    January 4th, 2010
    Posted at: 3:31 pm

    thanks.......


  6. Kartik Says:
    January 4th, 2010
    Posted at: 3:31 pm

    Hi lipi, hold it, if possible avg it out on dips, its a company with strong fundamentalsy


  7. KESHAV Says:
    January 4th, 2010
    Posted at: 3:32 pm

    HI KARTIK I AM HOLDING SHORT IN KFA WHY IT IS GOING UP AND UP EVEN JETAIRWAYS IS TRADING IN MINUS


  8. Angana Says:
    January 4th, 2010
    Posted at: 3:32 pm

    Hi Kartik, Sorry to disturb u again...CAIRN has closed above 286.What target can I expect tomorrow?


  9. Hemant Says:
    January 4th, 2010
    Posted at: 3:32 pm

    tommorow nifty opening will be weak or storng? is it goes down 5200 level with in 1-2 days


  10. Kartik Says:
    January 4th, 2010
    Posted at: 3:33 pm

    Hi KESHAV, not sure abt any news on it, keep a SL at 19 and hold it

    Hi Angana, around 296 levels

    Hi Hemant, cant be sure, lets wait for U.S to open up


  11. vishnuteerth Says:
    January 4th, 2010
    Posted at: 3:33 pm

    Karthik,
    moser bear up in last session, any good news, will it cros 100 in short term


  12. Kartik Says:
    January 4th, 2010
    Posted at: 3:35 pm

    Hi vishnuteerth, not sure of any news on it, yes it can do well in Short term


  13. Yusuf Says:
    January 4th, 2010
    Posted at: 3:36 pm

    Hi Kartik, Bought Adani at 452.. at what price shud i keep it for sale tommo at opening ?


  14. lipi Says:
    January 4th, 2010
    Posted at: 3:36 pm

    Thanks Karthik,
    Can purchase Lanco Infra cmp?


  15. siva Says:
    January 4th, 2010
    Posted at: 3:37 pm

    hi,

    Karthik / CB,

    I bought marico @ 103 and FCS software @ 15.6? i don't know if they would do well!! please guide me on the same.


  16. Kartik Says:
    January 4th, 2010
    Posted at: 3:37 pm

    Hi Yusuf, it can see 464 levels tomorrow

    Hi lipi, no, dont enter now

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