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. tuff money Says:
    April 6th, 2010
    Posted at: 3:33 pm

    is reliance expected to move up or is reliance still facing resistance?


  2. Kartik Says:
    April 6th, 2010
    Posted at: 3:33 pm

    Hi DS, no, dont avg it yet. has strong resistance at 268-270. should come down a bit.


  3. Kartik Says:
    April 6th, 2010
    Posted at: 3:34 pm

    Hi tuff money, has resistance at 1130. close above it can take it higher to 1170


  4. SUSANTA GUIN Says:
    April 6th, 2010
    Posted at: 3:34 pm

    sir yesterday nifty support and resistance level?


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

    Hi SUSANTA GUIN, resistance is higher at 5425 and support at 5350


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

    can i short nifty 5400?


  7. shlok Says:
    April 6th, 2010
    Posted at: 3:35 pm

    hi kartik what is downside tgt of lanco infra?...thanka.


  8. Salma Says:
    April 6th, 2010
    Posted at: 3:35 pm

    Hi kartik,will market will continue bullish rally,or some down side is there becasue i am holding 5300 put frm 98,,and nifty shorts at 5230,plz advice


  9. DS Says:
    April 6th, 2010
    Posted at: 3:35 pm

    Dear Kartik,

    Why the call on HYD IND? Any news? I missed it now...can i do an intra day tom?

    Warm Regards,

    DS


  10. Chandrika Says:
    April 6th, 2010
    Posted at: 3:36 pm

    Hi Karthik

    Federal bank closing 281.40. What is tomorrow target. PLs


  11. Kartik Says:
    April 6th, 2010
    Posted at: 3:40 pm

    Hi Sourabh, yes

    Hi shlok, around 52

    Hi Salma, hold onto them. for put you can hedge it with a 5400 call. nifty has rallied quite a bit and selling pressure will come in soon

    Hi DS, yes, if it opens flat, one can enter it. technically gave a good closing

    Hi Chandrika, yes, has given a strong closing. can see 290


  12. investor Says:
    April 6th, 2010
    Posted at: 3:41 pm

    which PSU bank is better for long-term gains? stock below Rs 300 pls


  13. Chandrika Says:
    April 6th, 2010
    Posted at: 3:42 pm

    Hi KArthik

    What abt kotak bank. It closes @780. What is tomorrow target


  14. DS Says:
    April 6th, 2010
    Posted at: 3:48 pm

    Dear Kartik,


    Instead of buying a 5400 Call shouldnt one hedge by averaging out the 5300 PUT?Could you please explain the rationale behind this to a novice trader


    Warm Regards,

    DS


  15. Gitanjali Says:
    April 6th, 2010
    Posted at: 3:51 pm

    Hi sri, Having posted a reply earlier at 3:21pm...I have to add ..it wasn't entirely her [agent] fault...I was available ..Sad part is ..It's awful when u lose plenty ..Thanks . and yes agents do play a role ...


  16. Bipin Says:
    April 6th, 2010
    Posted at: 3:52 pm

    Hi CB, where can I find Nifty futures intraday charts?

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