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. DS Says:
    July 6th, 2010
    Posted at: 3:41 pm

    Dear Kartik,


    This ICICI is really one of the most unfriendly sites....but they are very accurate with their Profit and Loss calculations....unlike the other cos.....sadly i still have Bharti....do you expect it will reach AND SETTLE around the 278-280...or will there be a sudden SPIKE and again fall to sub 270 levels?


  2. DS Says:
    July 6th, 2010
    Posted at: 3:43 pm

    Dear Kartik,

    How high do you think Fortis {Just what is cooking around here} and Tata Communication {is there a high value land sale lurking around somewhere} can go in the short run?


  3. SACHI Says:
    July 6th, 2010
    Posted at: 3:44 pm

    Hi Karthik,

    Any scrip in your view likely to gain 25% from CMP in 3 months?


  4. HABI Says:
    July 6th, 2010
    Posted at: 3:53 pm

    sir,ballarpur trgt please i have cmp 34


  5. rameshb Says:
    July 6th, 2010
    Posted at: 3:55 pm

    THANKS KARTIK FOR CAUTION ON EXIDE


  6. rameshb Says:
    July 6th, 2010
    Posted at: 4:02 pm

    Gujarat State Petronet WAS STABLE TODAY WILL IT SHOW UPMOVE IN SHORT TERM AND WHAT WILL BE THE TARGETS
    THANKS


  7. sandy Says:
    July 6th, 2010
    Posted at: 4:19 pm

    Hi CB/Kartik.. please advise me on ABAN.. when shall i sell it.. hv holdin it @ 690 levl..


  8. Kranthi Says:
    July 6th, 2010
    Posted at: 4:24 pm

    Hi SACHI,
    I believe, SELMCL can offer you 25% returns in next 3 months time.

    Hi CB / Kartik Sir,
    Correct me If I'm wrong


  9. prem chopra Says:
    July 6th, 2010
    Posted at: 4:26 pm

    can i enter in mini nifty july. i want to buy 10 lots at current level


  10. shiva Says:
    July 6th, 2010
    Posted at: 4:34 pm

    targets for Canara Bank and Nestle tomorrow pls....


  11. arun bj Says:
    July 6th, 2010
    Posted at: 4:36 pm

    hi kartik n cb good evening ... how is the fundamental ,. n 1 year target of this company .... nakoda textiles ...


  12. SMH Says:
    July 6th, 2010
    Posted at: 4:37 pm

    cb/kartik hows yes bank looking @ cmp can we buy it pls guide tgts in short term


  13. SMH Says:
    July 6th, 2010
    Posted at: 4:44 pm

    cb/kartik any idea about tata chem bot @ 331 its not moving given tgt 354 is it possible in short term


  14. SMH Says:
    July 6th, 2010
    Posted at: 4:49 pm

    cb/kartik, also holding cipla bot @ 340 whats yur view hold with any sl & tgt in short term pls


  15. Kartik Says:
    July 6th, 2010
    Posted at: 4:59 pm

    Hi kanifb, not sure about it yet.. upside seems to be limited at 50

    Hi Kb, has been out. should be back soon

    Hi DS, no issues, they do allow btst for bharti airtel.. we shall exit once it near 275

    Hi SACHI, buy some of ifci, sel

    Hi HABI, can see 37

    Hi rameshb, most welcome. yes, gspl can see 110 in coming days

    Hi sandy, book partial profits near 850 for now

    Hi Kranthi, yes..

    Hi prem chopra, no, dont go long at cmp. wait for some time.

    Hi shiva, can add 2-3%

    Hi arun bj, its a good bet for med term. can add 15-20%

    Hi SMH, it can see 288.. tata chem is a hold for now. will recover back. cipla can see 350 in coming days.


  16. Kelly Says:
    July 6th, 2010
    Posted at: 5:05 pm

    Hi SMH,
    GE.
    TATACHEM trend is improving very slowly and it is fundamentaly very goog co HOLD it.Hi Kartik,
    GE

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