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. Manish Says:
    March 5th, 2010
    Posted at: 3:11 pm

    2-4 weeks targte on sbi ?


  2. Kartik Says:
    March 5th, 2010
    Posted at: 3:12 pm

    Hi ARIJIT DAS, no, dont enter it now

    Hi Ravi, most welcome

    Hi Syam Kumar, hold them till next week

    Hi rashid, wait for some time


  3. Kartik Says:
    March 5th, 2010
    Posted at: 3:13 pm

    Hi Manish, around 2150 levels


  4. amit Says:
    March 5th, 2010
    Posted at: 3:14 pm

    can i buy 5100CALL for aweek


  5. seshu Says:
    March 5th, 2010
    Posted at: 3:14 pm

    good afternoon kartik


  6. shiva Says:
    March 5th, 2010
    Posted at: 3:16 pm

    pls tell me 1 week targets of educomp , HBL power , mphasis


  7. DS Says:
    March 5th, 2010
    Posted at: 3:17 pm

    Dear Kartik,

    When can we expect ABAN and HINDOIL to perform?


    Warm Regards,

    DS


  8. LP Says:
    March 5th, 2010
    Posted at: 3:19 pm

    any BTST call


  9. tuff money Says:
    March 5th, 2010
    Posted at: 3:19 pm

    hi kartik,

    i shorted gspl future at 91.40 what should i do?


  10. mpd Says:
    March 5th, 2010
    Posted at: 3:20 pm

    i am already in loss in suzlon futures shorted today. can i buy and squre off so that tommorrow the loss may not increase of wait for a day to come down


  11. suzane Says:
    March 5th, 2010
    Posted at: 3:22 pm

    what to do with arssinfra ... As its new listed and now its 50 rupees down from my price... Shall i hold it as 822 .. Do u think it can go up back ??


  12. Kartik Says:
    March 5th, 2010
    Posted at: 3:22 pm

    Hi amit, dont enter it yet, wait for some time

    Hi seshu, good afternoon

    Hi shiva, they can add 3-4% in a weeks time

    Hi DS, they shall perform well in the coming week, hold them

    Hi LP, no

    Hi tuff money, hold it with a SL at 94

    Hi mpd, hold it till Monday, with a SL at 82


  13. sadanand Says:
    March 5th, 2010
    Posted at: 3:22 pm

    Hi kartik, give some BTST calls


  14. br Says:
    March 5th, 2010
    Posted at: 3:23 pm

    Hi Kartik, CAN WE ENTER 5300 CALL NOW?


  15. Kartik Says:
    March 5th, 2010
    Posted at: 3:24 pm

    Hi suzane, new listings can be very volatile, but the company looks strong fundamentally, if possible hold it for Short term

    Hi sadanand, as of now none, shall let you know if any


  16. YASH Says:
    March 5th, 2010
    Posted at: 3:24 pm

    Hi
    can I buy 5000PE

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