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

    Hi kartik.............

    Any sort of recovery expected ................... while closing

    Europe -ve ...........


  2. S.MAHESH Says:
    May 6th, 2010
    Posted at: 12:46 pm

    Hi Lata,

    may hit 372


  3. Mahesh Says:
    May 6th, 2010
    Posted at: 12:47 pm

    Hi Kartik,

    You missed my query May 6th, 2010 Posted at: 12:43 pm. Please advice.


  4. Mayank Says:
    May 6th, 2010
    Posted at: 12:47 pm

    thanks


  5. Deepak7791 Says:
    May 6th, 2010
    Posted at: 12:47 pm

    Dear Kartik

    I'm now holding 2000 shares of aptech since Oct last year at 200 levels. Ashwani Gujral on CNBC tV said it can see 210 levels and then 250 Levels with SL at 155 or so. How many months do you think it will take to see 210 Levels. It has never rallied and is only coming down even when market was good. Please suggest.


  6. Mayank Says:
    May 6th, 2010
    Posted at: 12:48 pm

    Hi kartik, thanks


  7. Devang Mehta Says:
    May 6th, 2010
    Posted at: 12:48 pm

    At what level should i enter in ril, also any calls for 1 week holding period


  8. sudheer Says:
    May 6th, 2010
    Posted at: 12:48 pm

    Hi Karthik, what is the short term target for ICSA, any guess? Thanks in advance


  9. Phani Says:
    May 6th, 2010
    Posted at: 12:49 pm

    Hi Kartik, can I buy a NIFTY call option @5050


  10. Lata Says:
    May 6th, 2010
    Posted at: 12:50 pm

    ok…thanks kartik....as in the morning the changes of it was betn 405-410, then it was 402, then i myself thought it may be 398-400 and now u think it to be 492+, but kartik i have avged it on 395+ since mrng… can it see roughly atleast 396-397.....


  11. Vishal Says:
    May 6th, 2010
    Posted at: 12:51 pm

    Hi CB, Can we see levels of 245 for Everest and 434 for Religare today


  12. MURALI Says:
    May 6th, 2010
    Posted at: 12:52 pm

    Dear Mr Karthik, what's your advice entering sundram fastners at current level ?


  13. Ravii Says:
    May 6th, 2010
    Posted at: 12:53 pm

    Hello Kartik,
    right time to enter into the sathyam??


  14. sureshkk83 Says:
    May 6th, 2010
    Posted at: 12:53 pm

    dena bank today target


  15. Kartik Says:
    May 6th, 2010
    Posted at: 12:57 pm

    Hi LEO, not sure as of now

    Hi Lata, Nifty looks weak below 5050, if we mange to see some recovery form current levels, then it can see 398+ levels

    Hi Phani, dont enter it yet

    Hi sudheer, it can see 170 in 2-3 months time

    Hi Devang Mehta, if we mange to close below 5050, you may enter it

    Hi Deepak7791, Aptech is a slow moving bet, it can see 240+ levels in 4-5 months time, if possible avg it out around 140

    Hi Mahesh, it shall do well in the coming days, hold it for some more time


  16. kaushik Says:
    May 6th, 2010
    Posted at: 12:57 pm

    Hello CB sir

    Can i buy shares at this time or shall still wait? If yes i want to buy Aban and Sesagoa shall i buy this if yes at what price i can buy? if no please suggest some good shares which have chance to increase in 1 or 2 weak time. And if wait upto what nifty point i should wait? Please suggest.
    Thank you

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