Quotes with Resistance & Support
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Intraday calls for 07-01-11

Posted on: January 7th, 2011 at 8:28 am

Markets likely to open slightly higher, Strong support for Nifty at 5980, Resistance at 6100

Buy Reliance Industires around 1085, Target: 1105, SL 1070 – (sl triggered)

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655 Responses

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  1. smh Says:
    January 7th, 2011
    Posted at: 8:53 am

    kartik, whats the downside for GSPL & VOltas posssible shold i exit @ cost & try to buy later as markets looking quite weak tdy may be a technical bounce, whats yu view


  2. Kartik Says:
    January 7th, 2011
    Posted at: 8:54 am

    Hi smh, hold them with a SL at 5980 on Nifty, they are likely to give a bounce from current levels


  3. Akash Says:
    January 7th, 2011
    Posted at: 8:54 am

    Hi Kartik, Can I buy Delta Corp at CMP for one month. Target double? Also, how is Jindal South West in intraday for target 1600+. CMP 1490.


  4. sandeep Says:
    January 7th, 2011
    Posted at: 8:54 am

    karthik.............can we buy TCS and LNT at current prices as TCS is trading near life time highs and LNT trading near 200 DMA?


  5. Kartik Says:
    January 7th, 2011
    Posted at: 8:56 am

    Hi Akash, no, Delta can see 120 in a months time, Jindal South is a slow mover

    Hi sandeep, no, they are likely to see some profit booking today


  6. AJ Says:
    January 7th, 2011
    Posted at: 8:57 am

    can i short INDIA INFOLINe on opening?


  7. Akash Says:
    January 7th, 2011
    Posted at: 8:59 am

    Hi Kartik, Ok. Then what abt Bhartiya International. Shud I hold that or shift to Delta. Which can give max return.


  8. protap Says:
    January 7th, 2011
    Posted at: 8:59 am

    hi kartik is there any stock for buying


  9. Kartik Says:
    January 7th, 2011
    Posted at: 9:00 am

    Hi Akash, Bhartiya International can see 125 in 2-3 months time

    Hi protap, Reliance looks good


  10. Kartik Says:
    January 7th, 2011
    Posted at: 9:01 am

    Hi AJ, no, dont go short on it today


  11. chandra Says:
    January 7th, 2011
    Posted at: 9:01 am

    how about KEI Industies and Inox for Intraday?


  12. jit Says:
    January 7th, 2011
    Posted at: 9:02 am

    can i sell sesa goa futures


  13. Kartik Says:
    January 7th, 2011
    Posted at: 9:03 am

    Hi chandra, Kei can see 32.50, Inox around 72


  14. cnbc Says:
    January 7th, 2011
    Posted at: 9:03 am

    GM,
    ULTRACEMCO - sell below 1024.00, SL 1032.00, target - 990.90, 972.90.
    [1057.90, 1069.10, 1066.00. PP 1031.40. ]

    First 3 figures in bracket are of SMA : 3, 5 and 9 last one PP.


  15. Kartik Says:
    January 7th, 2011
    Posted at: 9:03 am

    Hi jit, no, dont go short on it yet


  16. gaps Says:
    January 7th, 2011
    Posted at: 9:03 am

    Hi Kartik, Can I short BGR energy today?

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