Quotes with Resistance & Support
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Intraday calls for 06-12-10

Posted on: December 6th, 2010 at 8:29 am

Markets likely to open a bit higher. Resistance for nifty is at 6060 and support at 5950

Buy Infosys Technologies Ltd at 3125, target: 3150. Stoploss: 3102 – (book profits at 3155)
Buy Carol Info Services Ltd at 97, target: 101. Stoploss: 93

9.33am – buy tata steel 640 call at 18.30 target: 24. Stoploss: 618 – (book profits in tata steel 640 call at 22.50)

12.41pm – buy LIC housing finance 1000 put at 34, target: 42. Stoploss: 1065 – (continue to hold till tomorrow)

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530 Responses

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  1. chakrapani Says:
    December 6th, 2010
    Posted at: 3:23 pm

    sir ,can i buy ntpc


  2. HSK Says:
    December 6th, 2010
    Posted at: 3:24 pm

    pls advise...accumulate SBI from this level ?


  3. Bull Says:
    December 6th, 2010
    Posted at: 3:26 pm

    hi Karthi.. what abt Lupin ?


  4. Kartik Says:
    December 6th, 2010
    Posted at: 3:27 pm

    Hi HSK, no, dont enter it yet, wait for some more time

    Hi Bull, it looks weak below 485

    Hi chakrapani, no, dont enter it yet

    Hi Rams, wait for 1-2 days


  5. Prabhat Singh Says:
    December 6th, 2010
    Posted at: 3:28 pm

    Dear Kartik ji,
    Should hold lic put or exit today??


  6. Kartik Says:
    December 6th, 2010
    Posted at: 3:29 pm

    Hi Prabhat Singh, continue to hold till tomorrow


  7. Prabhat Singh Says:
    December 6th, 2010
    Posted at: 3:30 pm

    Thanks>>>>


  8. NiKs Says:
    December 6th, 2010
    Posted at: 3:30 pm

    can below stocks be buy at CMP?
    Hindustan Oil Expo @ 220/-
    Hanung Toys @ 230/-
    RCF @ 103/-
    Delta corp @ 102/-
    Aqua Logistic @ 45/-

    which one will be the best buy for next 2 to 3 months? and target for the same?


  9. viji Says:
    December 6th, 2010
    Posted at: 3:30 pm

    hi karthik gud noon. bot herohond call strike 2000@ 64.still holding,is it better to exit or can be holded further.now trading @11.40.Guide me please


  10. KSK Says:
    December 6th, 2010
    Posted at: 3:32 pm

    kartik carrying LIC put for 2moro.. the target remains the same right??


  11. lalith Says:
    December 6th, 2010
    Posted at: 3:33 pm

    How does welspun corp look from here, close around 170.20 with volumes around 4,499,794


  12. Kartik Says:
    December 6th, 2010
    Posted at: 3:33 pm

    Hi viji, hold it with a tight SL at 1760 (cash)

    Hi KSK, yes

    Hi NiKs, they have rallied quite a lot in the past 1 years time, can see some more profit booking ahead, avoid them as of now

    Hi Prabhat Singh, most welcome


  13. Kartik Says:
    December 6th, 2010
    Posted at: 3:33 pm

    Hi lalith, it looks weak below 185, dont make fresh investments in it yet


  14. lalith Says:
    December 6th, 2010
    Posted at: 3:36 pm

    Kartik i'm already holding 170 CA DEC ? can it see 178 in 1-2 days, looking at the high volume that was traded today, it was done by more than 25% on friday and recovered good tomorrow may be due short covering or accumulation... please advise whether i book loss at these levels or continue to hold it for some more time


  15. sekhar Says:
    December 6th, 2010
    Posted at: 3:37 pm

    hi "KARTIK" at which price one can enter "HANUNG TOYS"


  16. KAVITA Says:
    December 6th, 2010
    Posted at: 3:37 pm

    HI CB,
    I hv bought jpassociate @109 and Sterlite @170 for 2 -3 days .What will be possible target

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