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

Nifty Index/Future Live Chart with RSI and MACD – Click to view

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625 Responses

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  1. Shereef Says:
    January 5th, 2011
    Posted at: 9:00 am

    Hi Karthik,

    Can I buy Suzlon intraday ? Target please.

    Thanks.


  2. ashok khiara Says:
    January 5th, 2011
    Posted at: 9:01 am

    gud morningggggggg,


  3. Akash Says:
    January 5th, 2011
    Posted at: 9:02 am

    Hi Kartik, Good Morning. Can I buy Shasun Chem or UTVSoft in Intraday. Shasun may open 6-7% up but may hit 20% today. Another two are Bata and Varun Ind. Which is best bet. Also, how is Shasun for med term hold below 100 level.


  4. Kartik Says:
    January 5th, 2011
    Posted at: 9:02 am

    Hi ashok khiara, GM

    Hi Shereef, no, dont enter it for Intraday


  5. ashok khiara Says:
    January 5th, 2011
    Posted at: 9:02 am

    OIL EXTENDS DECLINE TOWARDS $89 AS DOLLAR STRENGTHENS; TRADING AT $89.17 A BARREL

    BSE SENSEX TO OPEN DOWN; L&T IN FOCUS

    MAHINDRA & MAHINDRA EXEC SAYS TO RAISE VEHICLE PRICES BY AVERAGE 1 PCT IN 2-3 DAYS

    RUPEE SEEN FALLING TO 1-WK LOW ON WEAK PEERS


  6. AJ Says:
    January 5th, 2011
    Posted at: 9:03 am

    What are the levels for JUB FOODS and JINDAL STEEL today?


  7. ashok khiara Says:
    January 5th, 2011
    Posted at: 9:03 am

    Japan's Nikkei average was flat on Wednesday, holding on to gains made a day earlier and shrugging off concerns about lower commodity prices as investors continue to bargain hunt lagging Japan shares.


  8. Kartik Says:
    January 5th, 2011
    Posted at: 9:04 am

    Hi Akash, both of them are likely to open gap up, dont enter them on rise

    Hi AJ, they are likely to trade flat today


  9. vibhu Says:
    January 5th, 2011
    Posted at: 9:04 am

    any stock 4 2day


  10. Rajesh Says:
    January 5th, 2011
    Posted at: 9:04 am

    Good Morning karthik, How is Sterlite Industries looking like at this level and can we short banking stocks for Intraday


  11. raj Says:
    January 5th, 2011
    Posted at: 9:06 am

    Karthik,

    Reunka sugars and Tata steel for the day??


  12. Akash Says:
    January 5th, 2011
    Posted at: 9:06 am

    Hi Kartik, I can do Intraday in Shasun and Varun only. Which is preferable if I can get 2-3% up price only? How is Shasun for med term hold if I sell JP Associate and buy this one?


  13. ramya Says:
    January 5th, 2011
    Posted at: 9:07 am

    Hi Karthik, GM,
    GUJ NRE target for intraday?


  14. Kb Says:
    January 5th, 2011
    Posted at: 9:08 am

    Hi Kartik, Good morning karthik


  15. Deora Says:
    January 5th, 2011
    Posted at: 9:08 am

    hi sir, whta price we can buy cairn india


  16. vishal Says:
    January 5th, 2011
    Posted at: 9:08 am

    hi karthik got some of relcapital @681 yday close 677 can i see some till 685 today it has been a lot volatile

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