Quotes with Resistance & Support
Market Information

Intraday calls for 05-01-12

Posted on: January 5th, 2012 at 8:31 am

Markets likely to open flat, Support for Nifty at 4720 and resistance at 4830.

Buy MOIL at 240, Target: 245, SL 236

11.42am – buy M&M at 634, target: 647. Stoploss: 625 – (book profit in M&M at 649)

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375 Responses

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  1. santhosh Says:
    January 5th, 2012
    Posted at: 3:17 pm

    karthik, my questiion @3.14


  2. sourabh Says:
    January 5th, 2012
    Posted at: 3:17 pm

    HI Kartik,
    Holding NIFTY future short @ 4760...should i carry or exit. also SHorted YEs Bank Future @ 247....Plz advice


  3. PRAVIN Says:
    January 5th, 2012
    Posted at: 3:18 pm

    can u update me abut reliance industry
    i have RIL @ 715 Rs


  4. Kartik Says:
    January 5th, 2012
    Posted at: 3:18 pm

    Hi Himanshu, hold with a tight SL at 236

    Hi santhosh, Markets are trading in a narrow range, you may keep a SL at 4730 as shall hv to wait to see how Dow reats tonight

    Hi sourabh, hold hte long till toorrow


  5. Kartik Says:
    January 5th, 2012
    Posted at: 3:19 pm

    Hi PRAVIN, enter a PE to hedge, looks weak


  6. raj Says:
    January 5th, 2012
    Posted at: 3:19 pm

    Kartik/CB short in HUL @ 392 now 397, pls suggest...


  7. SAI Says:
    January 5th, 2012
    Posted at: 3:19 pm

    HI KARTIK LONG IN NIFTY FUT @ 4760 WHR TO EXIT


  8. Kartik Says:
    January 5th, 2012
    Posted at: 3:19 pm

    Hi raj, it looks strong, exit from it


  9. Kartik Says:
    January 5th, 2012
    Posted at: 3:20 pm

    Hi SAI, wait till tomorrow, keep a SL at 4730


  10. vijayk Says:
    January 5th, 2012
    Posted at: 3:20 pm

    Thx Kartik...holding it for tomorrow...


  11. SAI Says:
    January 5th, 2012
    Posted at: 3:21 pm

    HI KARTIK OK THANKS


  12. vijay Says:
    January 5th, 2012
    Posted at: 3:22 pm

    Hi Kartik,
    What can be expected of DCB holding Short 34.7.


  13. Kartik Says:
    January 5th, 2012
    Posted at: 3:24 pm

    Hi vijayk, most welcome

    Hi SAI, most welcome

    Hi vijay, support around 34-35, if broken can see 32


  14. santhosh Says:
    January 5th, 2012
    Posted at: 3:24 pm

    thanks


  15. Das Says:
    January 5th, 2012
    Posted at: 3:31 pm

    Hi kartik. How do you see tata steel?


  16. Kartik Says:
    January 5th, 2012
    Posted at: 3:31 pm

    Hi Das, looks strong above 350

    Hi santhosh, most welcome

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