Quotes with Resistance & Support
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Intraday calls for 05-01-11

Posted on: January 5th, 2011 at 8:23 am

Markets likely to open slightly lower, Support for Nifty is at 6100 and Resistance at 6180

Buy Cairn buy on dips. with SL near at 336

1.45pm – to hedge longs enter a 6100 put at 94

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625 Responses

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  1. Kartik Says:
    January 5th, 2011
    Posted at: 3:24 pm

    Hi asif, no, avoid them

    Hi ram, wait for some time

    Hi SMH, continue to hold them for some more time


  2. ram Says:
    January 5th, 2011
    Posted at: 3:24 pm

    Hi Kartik,

    what about fundamentals of ashta vinanayak,

    can i enter around 5 on this counter.


  3. CA.Tejas Says:
    January 5th, 2011
    Posted at: 3:25 pm

    any stock as btst


  4. Kartik Says:
    January 5th, 2011
    Posted at: 3:25 pm

    Hi CA.Tejas, no

    Hi ram, its a opetor driven stock, would be better to avoid it


  5. rameshb Says:
    January 5th, 2011
    Posted at: 3:25 pm

    HI CAN I BUY KALYANI STEEL FOR SHORT TERM ?


  6. luckvijay Says:
    January 5th, 2011
    Posted at: 3:25 pm

    should i hold cipla i baught it on @377


  7. Mac Says:
    January 5th, 2011
    Posted at: 3:26 pm

    Overall Advice by Market Expert for a Week - NIFTY Support @ 6050 and Resistance @ 6250 for a Week.....


  8. SAGAR Says:
    January 5th, 2011
    Posted at: 3:27 pm

    Hi Kartik, How you think our market will perform till this frirday ? Are we likely to see some more downside ?


  9. CA.Tejas Says:
    January 5th, 2011
    Posted at: 3:27 pm

    Whats yr views on DLF bought @ 286 n CMP is 282


  10. ram Says:
    January 5th, 2011
    Posted at: 3:27 pm

    Hi Kartik, thanks, r u expecting more downfall?????
    upto what level


  11. thavva Says:
    January 5th, 2011
    Posted at: 3:28 pm

    Kartik, what about TCS target for next few days and what is ur call? Holding @ 1059.


  12. ram Says:
    January 5th, 2011
    Posted at: 3:28 pm

    Hi Kartik,I'm askig abt Kalindee...........confusion abong 2 Rams


  13. cnbc Says:
    January 5th, 2011
    Posted at: 3:29 pm

    Larsen & Toubro`s chairman AM Naik has kicked off a restructuring plan that will divide the Rs 370 billion engineering and infrastructure behemoth into nine virtual companies, reports Economic Times.


  14. Ravi Says:
    January 5th, 2011
    Posted at: 3:29 pm

    Hi KartikK, holding Tata Motors 1300 call at 50. Plz suggest as I m in huge loss


  15. Kartik Says:
    January 5th, 2011
    Posted at: 3:30 pm

    Hi rameshb, in small quantity

    Hi luckvijay, yes, its a good bet

    Hi SAGAR, yes, possible remain a bit flat/weak

    Hi CA.Tejas, its a short term hold. can see 297

    Hi ram, below 6060 can test 6020

    Hi thavva, has strong support at 1140-1150. if holds onto it, can see 1190

    Hi ram, kalindee is a hold. can see 215 in coming days.


  16. Kartik Says:
    January 5th, 2011
    Posted at: 3:32 pm

    Hi cnbc, thanks for the updates

    Hi Ravi, yes, it does look a bit weak below 1290. would advice to exit from it for now or enter a 1250 put as hedge.

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