Quotes with Resistance & Support
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Intraday calls for 05-09-12

Posted on: September 5th, 2012 at 8:29 am

Markets likely to open lower, Support for Nifty at 5235 and and resistance at 5300

Buy PowerGrid around 124, Target: 130, SL 120 – (Exit from Powergrid at 123.50 as markets are going weak)

12.26pm – To hedge longs, buy 5200pe at 60, target: 74. Stoploss: 5250 (spot)

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575 Responses

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  1. madhu Says:
    September 5th, 2012
    Posted at: 8:31 am

    good morning everyone :)


  2. Kartik Says:
    September 5th, 2012
    Posted at: 8:32 am

    Hi madhu, Good morning


  3. Robotguy Says:
    September 5th, 2012
    Posted at: 8:32 am

    Good morning ...


  4. rd Says:
    September 5th, 2012
    Posted at: 8:33 am

    Hi Kartik, gud mrng hw r u


  5. Nitin Says:
    September 5th, 2012
    Posted at: 8:34 am

    Good Morning all.


  6. BUNNY Says:
    September 5th, 2012
    Posted at: 8:37 am

    GM KARTIK SIR IAM HAVING JSW STEEL FUT . PLS SUGGEST SL


  7. ralan Says:
    September 5th, 2012
    Posted at: 8:40 am

    good morning


  8. Kamal Says:
    September 5th, 2012
    Posted at: 8:42 am

    Bpcl future shorted at 343... What is ur view ... Sl?


  9. Kartik Says:
    September 5th, 2012
    Posted at: 8:45 am

    Hi Robotguy, GM

    Hi ralan, GM

    Hi BUNNY, hold it with a SL at 672, try to exit on any rise, it looks weak

    Hi Kamal, keep a SL at 351, petroleum stocks have been seeing some recovery lately

    Hi rd, Good morning


  10. ralan Says:
    September 5th, 2012
    Posted at: 8:46 am

    Go Long on IFCI today . Buy around 23.5-24.15 . target 25.5 to 26


  11. VS Says:
    September 5th, 2012
    Posted at: 8:46 am

    goodmorning kartik, shall i buy HCL TECH OR HPCL/BPCL for intraday?


  12. Deepa Says:
    September 5th, 2012
    Posted at: 8:49 am

    Hi, What to do with m&m futures ? Should we exit it ?


  13. BUNNY Says:
    September 5th, 2012
    Posted at: 8:50 am

    thank u sir


  14. Kartik Says:
    September 5th, 2012
    Posted at: 8:52 am

    Hi ralan, it looks weak, avoid it

    Hi Deepa, hold with a SL at 755 for some more time

    Hi BUNNY, most welcome

    Hi VS, some of BPCL can be entered


  15. Ravichandran Says:
    September 5th, 2012
    Posted at: 8:52 am

    GOOD MORNING CB/KARTIK/ROBOTGUY/KBTRADER/SR/IMRANKHAN AND ALL


  16. Kartik Says:
    September 5th, 2012
    Posted at: 8:54 am

    Hi Ravichandran, Good morning

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