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

Posted on: October 4th, 2010 at 8:21 am

Markets likely to open slightly higher. Support for nifty is at 6100

Buy Hanung Toys and Textiles Ltd at 323.50, target: 331. Stoploss: 316- (book profits at 333)

9.44am – book profits in btst KPR mill at 219

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741 Responses

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  1. AR Says:
    October 4th, 2010
    Posted at: 10:01 pm

    though american market is in deep red , still can we expect firstsource to cross 30 tomorrow???????????


  2. suzane Says:
    October 4th, 2010
    Posted at: 10:10 pm

    Hi Kartik, how is :-
    Buy Philips Carbon with SL 208
    Buy Bamlawire with SL 638
    Buy Tidewater with SL 9550


  3. arun bj Says:
    October 4th, 2010
    Posted at: 10:13 pm

    hi kartik . Can i exit tata power . . Tomo . dow is start correcting . . . how long ll to reach 1420 level


  4. Kartik Says:
    October 4th, 2010
    Posted at: 10:19 pm

    Hi AR,

    Hi akr, hold voltamp & icsa and for another 1-2 months time, they can add 10-15%

    Hi Jagdish, Sesagoa and Uniteh look goo
    d

    Hi suzane, dont enter them for Intraday

    Hi AR, not yet, shall let you know in some time, Firstsource might trade flat tomorrow, keep a trailing SL at 28.50, Titagarh Wagons Ltd can see 520+ levels in 1-2 months


  5. Kartik Says:
    October 4th, 2010
    Posted at: 10:19 pm

    Hi arun bj, hold it for another 3-4 days


  6. suzane Says:
    October 4th, 2010
    Posted at: 10:23 pm

    Hi Kartik, even TIDEWATER is not going to 11k as u suggested me to hold it for few days ... today some 20 days passed ... am holding 8 shares of it ... do u think it will cross 11k soon ??


  7. Kartik Says:
    October 4th, 2010
    Posted at: 10:27 pm

    Hi suzane, yes, it seems to see some consolidation at current levels, hold it for some more time, it can do well


  8. suzane Says:
    October 4th, 2010
    Posted at: 10:35 pm

    Hi Kartik, can u give me a tentative idea .. how long i have to wait for 11k ??
    looking at the weakness of DOW ... what should be our strategy to trade tommorow ?? good to be in sell position or in buy position ??


  9. AJ Says:
    October 4th, 2010
    Posted at: 10:35 pm

    how does bhushan steel look for intraday?


  10. Sandipan Says:
    October 4th, 2010
    Posted at: 10:37 pm

    Hi Kartik...
    Good Evening...
    Is there any recent chance of market correction?


  11. Kartik Says:
    October 4th, 2010
    Posted at: 10:37 pm

    Hi suzane, hold it for another 3-4 days, keep a SL at 9460

    Hi AJ, its rallied quite a lot, might see some profit booking tomorrow, dont enter it for Intraday


  12. Kartik Says:
    October 4th, 2010
    Posted at: 10:37 pm

    Hi Sandipan, GE, yes, we are likely to see some profit booking ahead


  13. Sandipan Says:
    October 4th, 2010
    Posted at: 10:39 pm

    Bought smartlink @75.50...it is not moving up in a pace as it felt down...how long we have to wait? I really value ur words as u said hold havells it will do good...but that time I struggled to sell it @ 815..now it is 859...
    asking suggestion on smartlink again...u know only fear is there is a high chance of correction...


  14. Sandipan Says:
    October 4th, 2010
    Posted at: 10:41 pm

    holding essel also from @50...again non moving...


  15. Kartik Says:
    October 4th, 2010
    Posted at: 10:41 pm

    Hi Sandipan, its a strong bet fundamentally, continue to hold it for Short term, it shall do well


  16. Kartik Says:
    October 4th, 2010
    Posted at: 10:42 pm

    Hi Sandipan, continue to hold it too for Short term, keep a sl at 43

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