Quotes with Resistance & Support
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Intraday calls for 05-03-10

Posted on: March 5th, 2010 at 8:15 am

Markets likely to open slightly higher. Support for nifty is at 5050 and resistance at 5200.

Buy Hitachi Home & Life Solutions (I) Ltd at 182.45, target: 189. Stoploss: 179.
Buy Numeric Power Systems Ltd at 347.05, target: 359. Stoploss: 341

9.12am – Book profits in accel frontine at 53. (technicals section)

12.25pm – to hedge longs buy 5000 put at cmp 58. sl 5150 on nifty.

1.57pm – Book profits in Hero honda at 1855 (technicals section)

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824 Responses

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  1. Kb Says:
    March 5th, 2010
    Posted at: 2:53 pm

    :)


  2. Bishan Says:
    March 5th, 2010
    Posted at: 2:53 pm

    KARTIK SIR WHAT IS THE FUTURE OF INDIA BULL FINANCIAL SER


  3. Kartik Says:
    March 5th, 2010
    Posted at: 2:53 pm

    Hi DS, wait for some time, yes, hold your stocks for some more time

    Hi jeetu, hold it till Tuesday

    Hi sridhar, hold it for a target of 705

    Hi PRAJA, yes


  4. sathya Says:
    March 5th, 2010
    Posted at: 2:54 pm

    can i enter RIL today?


  5. Vivek Says:
    March 5th, 2010
    Posted at: 2:54 pm

    Hi CB, any BTST calls ??


  6. Kartik Says:
    March 5th, 2010
    Posted at: 2:55 pm

    Hi ARIJIT DAS, dont enter it yet

    Hi Bishan, Indiabulls Financial Services Ltd is a strong company fundamentally, you may enter it for Long term as of now

    Hi abhinav, if possible hold it for 2-3 months time, it can see 95 levels


  7. DS Says:
    March 5th, 2010
    Posted at: 2:55 pm

    All,

    Folks my Broker has given out a BTST call on AXIS bank....CMP 1105 Tgt: 1125-1135. Please trade at ur own risk and be cautious as the RBI meet is tomorrow and things in the banking sector can go either way


    Warm Regards,

    DS


  8. DM Says:
    March 5th, 2010
    Posted at: 2:55 pm

    hi....

    Pls give TGT for EDUCOMP and JPASSOCIATE...?


  9. Kartik Says:
    March 5th, 2010
    Posted at: 2:55 pm

    Hi sathya, no, dont enter it yet

    Hi Vivek, nope


  10. AP Says:
    March 5th, 2010
    Posted at: 2:55 pm

    What is the target for Renuka sugars?


  11. Kartik Says:
    March 5th, 2010
    Posted at: 2:56 pm

    Hi DM, EDUCOMP can see 780 and JPassociates around 180 in the Short run


  12. ARIJIT DAS Says:
    March 5th, 2010
    Posted at: 2:56 pm

    OK, WHEN CAN I ENTER.............


  13. Kartik Says:
    March 5th, 2010
    Posted at: 2:56 pm

    Hi AP, around 185


  14. Asif Says:
    March 5th, 2010
    Posted at: 2:59 pm

    Hi Karthik,
    wht abt reliance communications,
    can I go short on renuka now


  15. Yaswanth Says:
    March 5th, 2010
    Posted at: 2:59 pm

    Hi Karthik,
    Whats ur target of Infosys next week?
    There is any upside further?
    Recommend any stocks which could be carried for next week?


  16. Bishan Says:
    March 5th, 2010
    Posted at: 2:59 pm

    KARTIK SIR IS THERE ANY ADVANTAGE FOR GMRINFRA IN THIS BUDGET

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