Quotes with Resistance & Support
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Intraday calls for 06-03-13

Posted on: March 6th, 2013 at 8:16 am

Markets likely to open higher, resistance for Nifty at 5830, support at 5750

Sell SBI on rise

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269 Responses

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  1. van Says:
    March 6th, 2013
    Posted at: 9:02 am

    SIR, TARGET OF VENKYS & LT?


  2. Vishal Says:
    March 6th, 2013
    Posted at: 9:02 am

    Hi Kartik, Sorry. I had some issue so not able to see the updated comments. Will hold them. But we can expect the targets I mentioned? How is TechM CE to buy?


  3. vickys Says:
    March 6th, 2013
    Posted at: 9:04 am

    Hi Kartik Sir ,

    Can i enter in Hindustan Zink or Sterlite indut?


  4. Kartik Says:
    March 6th, 2013
    Posted at: 9:04 am

    Hi valls, Yes, keep a SL at 1420 in Cash

    Hi Sumit, can be a risky bet, wait for some time (above 5830)

    Hi mohan, a CE can be entered above 5835

    Hi chets, both of them have been seeing proift booking, fundamentally they are good bets for Short/Mid term invsetment, if possible hold them

    Hi Azhar, can see 32, it looks weak overall

    Hi van, they are likely to open higher by upto 1%, can see some profit booking later


  5. SS Says:
    March 6th, 2013
    Posted at: 9:05 am

    Hi Kartik, GM

    WHt cud be DLF tgt for today ?


  6. Kartik Says:
    March 6th, 2013
    Posted at: 9:05 am

    Hi vickys, they look weak overall, avoid them


  7. Kartik Says:
    March 6th, 2013
    Posted at: 9:05 am

    Hi Vishal, since you already have beeing holding 2-3 options, dont add more of them, book profits once you get 15-20% in options

    Hi SS, GM, can see 264


  8. DS Says:
    March 6th, 2013
    Posted at: 9:08 am

    Hi Kartik,

    Why the sell call in SBI? Is the banking sector going to tank today?
    If yes how low can FED Bank go? 475 perhaps?

    And what target do you see for Infosys today?

    Warm Regards,

    DS


  9. SS Says:
    March 6th, 2013
    Posted at: 9:08 am

    Hi Kartik, Thanks

    I hv ITC long fut in loss. hold or exit ? Tgt for today ?


  10. Vishal Says:
    March 6th, 2013
    Posted at: 9:09 am

    Hi Kartik, Ok. Can we expect Pantaloon to open above 180 today?


  11. Kartik Says:
    March 6th, 2013
    Posted at: 9:10 am

    Hi DS, SBI below 2200 looks weak, Federal bank faces strong resistance at 490-495, if crossed, it can do well, Infy can see 2940

    Hi SS, hold it with a SL at 288 for a target of 295


  12. Kartik Says:
    March 6th, 2013
    Posted at: 9:10 am

    Hi Vishal, may open around 180


  13. Kartick Says:
    March 6th, 2013
    Posted at: 9:11 am

    Kartik / CB ..

    How does HUL looking? Can it be shorted? can I enter 420 PE? Or Can I enter in Coal India 340 CE?


  14. mohan Says:
    March 6th, 2013
    Posted at: 9:11 am

    thank you sir


  15. Kartik Says:
    March 6th, 2013
    Posted at: 9:12 am

    Hi Kartick, HUL can be shorted if it breaks 445, dont enter Coal India yet (enter PE for HUL below 445)

    Hi mohan, most welcome


  16. RG Says:
    March 6th, 2013
    Posted at: 9:13 am

    Can we go for option trading in rel. Looking for 860 ce march series. Please suggest

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