Quotes with Resistance & Support
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Intraday calls for 05-04-10

Posted on: April 5th, 2010 at 8:19 am

Markets likely to see a positive opening. Nifty has resistance at 5330 and support at 5250.

Buy Nava Bharat Ventures Ltd at 415.50, target: 427. Stoploss: 408 – (book profits at 425)

10.22pm – Buy 5300 put at cmp 78, target: 100. Stoploss: 5350 – (SL triggered)

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623 Responses

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  1. Krishna Says:
    April 5th, 2010
    Posted at: 3:32 pm

    Kartik...How is LICHousing....? I have it @892.5


  2. Kartik Says:
    April 5th, 2010
    Posted at: 3:33 pm

    Hi suresh, It can add 30-40% in long term. not sure about rpower

    Hi Krishna, it has some resistance at 905. above this it can see 950


  3. Kartik Says:
    April 5th, 2010
    Posted at: 3:34 pm

    Hi Manu, yes.


  4. Kartik Says:
    April 5th, 2010
    Posted at: 3:34 pm

    Hi rev, they can add 10-15% from cmp


  5. Gitanjali Says:
    April 5th, 2010
    Posted at: 3:34 pm

    HI Kartik, Sorry I did not explain correct ...if I intend to hold for a few days more ...what is the best strategy to go by ...average higher or exit in a day or two ? what is best to do please ?
    hold longer than 2 days or exit anyway within 2 days ...thanks..


  6. Manish Says:
    April 5th, 2010
    Posted at: 3:35 pm

    Market closed above 5330-5340 so can we see more rally this week......


  7. ranga Says:
    April 5th, 2010
    Posted at: 3:35 pm

    Hello karthik,

    I have RNRL at 63.30, what is your view on this. time to come out or can i wait??


  8. Kartik Says:
    April 5th, 2010
    Posted at: 3:37 pm

    Hi Gitanjali, we can hold it for a longer period. if needed we shall avg around 5400 levels. ill keep you updated

    Hi Manish, yes. can see 5400

    Hi ranga, hold it for short term.


  9. Manish Says:
    April 5th, 2010
    Posted at: 3:38 pm

    i have 10 sbi at 2150 . wat can be short term target on it ????????


  10. ranga Says:
    April 5th, 2010
    Posted at: 3:39 pm

    also I have SREINTFIN at 92, after a big fall now it came back to 81. shall i book loss or can i wait for some time to get my buying price? can I average the SREI now?

    can I average the RNRL also?


  11. Kartik Says:
    April 5th, 2010
    Posted at: 3:39 pm

    Hi Manish, around 2220


  12. suzane Says:
    April 5th, 2010
    Posted at: 3:39 pm

    ur target for corpbank tommorow ??


  13. Kartik Says:
    April 5th, 2010
    Posted at: 3:40 pm

    Hi ranga, contiue to hold onto it for some time. dont avg rnrl yet

    Hi suzane, can see 497


  14. Gitanjali Says:
    April 5th, 2010
    Posted at: 3:40 pm

    Hi Kartik, Thanks ... but how do u update ?


  15. ranga Says:
    April 5th, 2010
    Posted at: 3:40 pm

    thank you karthik


  16. Jignesh Says:
    April 5th, 2010
    Posted at: 3:42 pm

    I have 5300 put @93 and 5100 put @32. Kindly suggest what to do?

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