Quotes with Resistance & Support
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Intraday calls for 06-04-10

Posted on: April 6th, 2010 at 8:27 am

Markets to see a flat opening.

Buy Adhunik Metaliks Ltd at 130.50, target: 136. Stoploss: 126

If markets show weakness later during the day, sell: SAIL

Trade in small quantities

3.14pm – btst – buy hyderabad ind at 635 target 655. stoploss 622

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666 Responses

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  1. Kartik Says:
    April 6th, 2010
    Posted at: 3:22 pm

    Hi LP, most welcome

    Hi Angana, needs to cross 101 for a good upmove. hold it

    Hi abs, indiabulls is also a good bet. continue to hold onto it for a week or 2 more

    Hi Geetha, yes. hold it. crude oil is going strong

    Hi RK, no, dont avg it yet

    Hi SUSANTA GUIN, yes, has good support at 295-300


  2. subramanivs Says:
    April 6th, 2010
    Posted at: 3:23 pm

    Hi Kartik,

    I have RCom 180 call option, what shall i do?


  3. Kartik Says:
    April 6th, 2010
    Posted at: 3:23 pm

    Hi Pavan, buy some of hyderabad ind.


  4. akash Says:
    April 6th, 2010
    Posted at: 3:23 pm

    kartik................can we buy GMR INFRA or buy CALL of it at current price ?


  5. Ganesh Says:
    April 6th, 2010
    Posted at: 3:23 pm

    Can i buy 5300 PUT now?


  6. Kartik Says:
    April 6th, 2010
    Posted at: 3:23 pm

    Hi subramanivs, its a hold. can see 183.


  7. Kartik Says:
    April 6th, 2010
    Posted at: 3:24 pm

    Hi akash, no, dont go long on it yet

    Hi Ganesh, not yet


  8. Gitanjali Says:
    April 6th, 2010
    Posted at: 3:24 pm

    Hi Kartik, OK Thanks ...you know what it has suddenly dropped ...well tomorrow may be another day!!!
    How is CB doing ?


  9. Kartik Says:
    April 6th, 2010
    Posted at: 3:25 pm

    Hi Gitanjali, yes. hes fine.. out of town


  10. subramanivs Says:
    April 6th, 2010
    Posted at: 3:25 pm

    Thanks Karthik,

    3g auction is starting from April 9, how will telecom stocks react?


  11. Kartik Says:
    April 6th, 2010
    Posted at: 3:26 pm

    Hi subramanivs, yes. no, not really sure how they would react to it.


  12. ram Says:
    April 6th, 2010
    Posted at: 3:26 pm

    Kartik what about dena bank


  13. Ravi Says:
    April 6th, 2010
    Posted at: 3:27 pm

    Hi Kartik, How will the market open tomorrow, +ve or -ve??
    Are the European markets +ve or -ve?


  14. Gitanjali Says:
    April 6th, 2010
    Posted at: 3:27 pm

    Hi Kartik, Yes ...Thanks.


  15. Kartik Says:
    April 6th, 2010
    Posted at: 3:28 pm

    Hi ram, its looking good for short term. can add 5%

    Hi Ravi, likely to open flat it seems.

    Hi Gitanjali, most welcome.


  16. DS Says:
    April 6th, 2010
    Posted at: 3:32 pm

    Dear Kartik,


    Shd i avg out my ITC 260 PUT ---bought @ 3.85 CMP 3.25?

    Warm Regards,

    DS

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