Quotes with Resistance & Support
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Intraday calls for 06-07-10

Posted on: July 6th, 2010 at 8:17 am

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5280

If markets show recovery later during the day, buy: Gujarat State Petronet Ltd

2.06pm – one reason for quite a few midcaps not doing well today is that BSE Midcap index is near strong resistance level of 7200-7220 – A triple top formation. currently trading at 7190. a close above 7220-7230 can trigger a fresh rally in midcaps

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644 Responses

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  1. SAGAR Says:
    July 6th, 2010
    Posted at: 3:18 pm

    Karthik ,

    I hold Vijayabank Fut @ 63.30. Even the nifty rebounced , no much upside seen in vijayabank Fut. Please advice me wat to do .? Any bad news on it ?
    Please tell me a target it can see ?


  2. Kartik Says:
    July 6th, 2010
    Posted at: 3:18 pm

    Hi VijayK, dont avg it. hold it

    Hi Suresh M, yes, hold it

    Hi SAGAR, may open flat

    Hi shiva, hold it.

    Hi ARIJIT, no, dont see anything good


  3. Rahul Says:
    July 6th, 2010
    Posted at: 3:19 pm

    sir have tata steel 460 put running in loss what can expect ?please answer


  4. luckvijjay Says:
    July 6th, 2010
    Posted at: 3:20 pm

    Sir as i hold position in FNO so i m worried only. Its looked good to u then i hold GSPL tomorrow.Pls suggest


  5. LEO Says:
    July 6th, 2010
    Posted at: 3:20 pm

    Hi Kartik,

    wHETHER WE WILL SEE SOME UP MOVE TOMORROW ..


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

    Hi Speculator, yes

    Hi SAGAR, hold it. can see 66 soon

    Hi Rahul, being a market mover its doing well today. hold it for 2-3 days

    Hi luckvijjay, yes, hold it.

    Hi LEO, not sure yet

    Hi Suresh M, yes, hold it. will recover back


  7. SAGAR Says:
    July 6th, 2010
    Posted at: 3:25 pm

    Karthik ,
    Thank you so much !


  8. Anil Says:
    July 6th, 2010
    Posted at: 3:25 pm

    Karthik,

    Shall i reenter in Tatasteel PE??


  9. Kartik Says:
    July 6th, 2010
    Posted at: 3:26 pm

    Hi SAGAR, most welcome

    Hi Anil, lets wait till tomorrow.


  10. Vishal Says:
    July 6th, 2010
    Posted at: 3:29 pm

    Hi CB, Can we enter SEL Mftg @CMP


  11. Harpal Says:
    July 6th, 2010
    Posted at: 3:29 pm

    hi, i would like to know that should i enter at this leval in Bharat Electronics and what
    would be its long term target. thanks


  12. Kartik Says:
    July 6th, 2010
    Posted at: 3:30 pm

    Hi Vishal, in small quantity

    Hi Harpal, enter it near 1700 levels. its a good long term play


  13. shrikanth Says:
    July 6th, 2010
    Posted at: 3:30 pm

    Hi CB, Any stock to enter?


  14. Kartik Says:
    July 6th, 2010
    Posted at: 3:31 pm

    Hi shrikanth, no.. as of now none.


  15. kanifb Says:
    July 6th, 2010
    Posted at: 3:34 pm

    Mr. Karthik. What's your take on RNRL? I have 2000 shares @ 45. CAn we expect an upmove or will it move in line with RPower ( 4:1 ) ratio.


  16. Kb Says:
    July 6th, 2010
    Posted at: 3:38 pm

    Hi Kartik, wherrr is my Cb ??????

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