Quotes with Resistance & Support
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Intraday calls for 06-04-11

Posted on: April 6th, 2011 at 8:26 am

Markets likely to open flat. Resistance for nifty is at 5930

Buy Satyam Computer Services Ltd at 70.60, target: 73.50. Stoploss: 68.50 – (book profit at 73.60)
Buy Deccan Chronicle Holdings Ltd at 85.45, target: 88. Stoploss: 82.80 – (book profit at 88.80)

9.34am – Book profit in Gitanjali gems at 275.

11.12pm – buy suzlon at 51.50, target: 53.50-54. stoploss: 49.50 (1-2 day hold) – (book profit at 53.50)

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548 Responses

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  1. AJ Says:
    April 6th, 2011
    Posted at: 3:09 pm

    I bought ARSS @ 615...now @ 611...how do you see its charts??
    good to hold for tomw or risky bet?


  2. Abdullah Says:
    April 6th, 2011
    Posted at: 3:10 pm

    Hi Kartik, Good Afternoon :)


  3. Kartik Says:
    April 6th, 2011
    Posted at: 3:10 pm

    Hi AJ, looks good for Short term, keep a SL at 605 if BTST/Intraday


  4. niki Says:
    April 6th, 2011
    Posted at: 3:10 pm

    sir i m holding 5800 put around 70 wat shuld i do ?


  5. Kartik Says:
    April 6th, 2011
    Posted at: 3:10 pm

    Hi niki, hld it till tomorrow


  6. santosh Says:
    April 6th, 2011
    Posted at: 3:11 pm

    karthik............wats ur view on WIPRO at current price? I'm holding its 520 [email protected] for the current series? can it see levels close to 480 in the next 2 days? y its going down today inspite of all the other IT companies are up? plz give stoploss for it where one can look to book loss on it?
    plz reply


  7. Kb Says:
    April 6th, 2011
    Posted at: 3:11 pm

    Hi Kartik, Good before evening :)


  8. sekhar Says:
    April 6th, 2011
    Posted at: 3:12 pm

    hi "KARTIK" u r view on "SINTEX" future pls , go short or long


  9. Ravi Says:
    April 6th, 2011
    Posted at: 3:12 pm

    HI Kartik, Holding 5900 put at 95. Holding huge quantity. Will it be risky to hold for 1-2 days. Also plz suggest the target if any


  10. Kartik Says:
    April 6th, 2011
    Posted at: 3:13 pm

    Hi santosh, faces strong resistance at 480 above which it can do well ,hold it with a SL at 450 on the downside


  11. shiva Says:
    April 6th, 2011
    Posted at: 3:13 pm

    how about victoria mills?


  12. cvrprakash Says:
    April 6th, 2011
    Posted at: 3:14 pm

    Hi Kartik/CB,
    Missed my Query @ 1:54 PM. Thanks


  13. Shereef Says:
    April 6th, 2011
    Posted at: 3:15 pm

    Hi Karthik / CB,

    Congrats.... Suzlon 1st target hit !!!!!!!!!!

    Regards.


  14. abc Says:
    April 6th, 2011
    Posted at: 3:16 pm

    can i enter rajesh exports?


  15. Kartik Says:
    April 6th, 2011
    Posted at: 3:16 pm

    Hi Shereef, yes, book profits

    Hi cvrprakash, Axis bank too looks good for Long term

    Hi shiva, not sure of it


  16. Ary Says:
    April 6th, 2011
    Posted at: 3:16 pm

    Hi,
    I'm holding L&T 1650 put and 5600 put. Pls help someone by suggest whether it is a hold or exit. I had purchased it at hight rates

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