Quotes with Resistance & Support
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Intraday calls for 06-05-10

Posted on: May 6th, 2010 at 8:20 am

Markets likely to see a slightly lower opening. Support for nifty is at 5050 and resistance at 5160

Buy Everest Industries Ltd at above 238, target: 247. Stoploss: 233.

no btst call for today.. continue to hold religare with sl at 410-413

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784 Responses

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  1. RaJ Says:
    May 6th, 2010
    Posted at: 12:39 pm

    fair enough.... any S/L on closing basis.


  2. DS Says:
    May 6th, 2010
    Posted at: 12:40 pm

    Dear Kartik,

    At current levels does it make sense to buy Birla Power now? Also what abt Tyche Industries, Fluidomat and the other penny stocks that you have mentioned in your analysis? Btw how abt doing a review on Birla Power too?


  3. Deepak7791 Says:
    May 6th, 2010
    Posted at: 12:40 pm

    Do you expect some short covering rally in a day or two?


  4. Prags Says:
    May 6th, 2010
    Posted at: 12:40 pm

    Hey CB,
    Need ur advice on Mahindra Satyam. Bought 3000 shares @ 101. How long should i hold them ?


  5. Shads Says:
    May 6th, 2010
    Posted at: 12:41 pm

    Hi Kartik,

    MY QUERY WAS MISSED. Can I enter a call now?


  6. abhijith Says:
    May 6th, 2010
    Posted at: 12:41 pm

    Hiii Karthik. Pls suggest the upside target for JK TYRE and downside target for JUBILIANT ORG


  7. Lata Says:
    May 6th, 2010
    Posted at: 12:42 pm

    hi kartik, how much sesa goa can see today.....


  8. Kartik Says:
    May 6th, 2010
    Posted at: 12:43 pm

    Hi DS, you may enter Tyche Industries for Long term as of now, Birla Power Solutions Ltd is a average bet as of now, dont enter it

    Hi Deepak7791, yes

    Hi Prags, hold it for 2-3 weeks time, it can see 120+ levels

    Hi Shads, sorry, dont enter it yet

    Hi abhijith, JK tyre can see 190 in Short term, not sure of Jubliant as of now


  9. Mayank Says:
    May 6th, 2010
    Posted at: 12:44 pm

    Hi kartik, intraday target for uco and petronet


  10. rsk Says:
    May 6th, 2010
    Posted at: 12:44 pm

    Hi cb.. can i go short on unitec or aban offshore now for intraday?


  11. swamy Says:
    May 6th, 2010
    Posted at: 12:44 pm

    hi kartik,
    I bought 200 shares of pradip overseas (533178) for Rs 98.2 shall I hold? what is emmediate target?


  12. Kartik Says:
    May 6th, 2010
    Posted at: 12:44 pm

    Hi Lata, it can see 392+, if markets see some recovery


  13. Kartik Says:
    May 6th, 2010
    Posted at: 12:44 pm

    Hi Mayank, they can add 1-2% from CMP, if we see some recovery


  14. Devang Mehta Says:
    May 6th, 2010
    Posted at: 12:44 pm

    Hi Kartik, Can i enter in RIL at CMP


  15. Kartik Says:
    May 6th, 2010
    Posted at: 12:45 pm

    Hi rsk, dont go short yet, wait for some time

    Hi swamy, pradip overseas is a strong bet for Long term, hold it, it shall see 120+ levels in 2-3 months time


  16. Kartik Says:
    May 6th, 2010
    Posted at: 12:45 pm

    Hi Devang Mehta, wait for some time

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