Quotes with Resistance & Support
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Intraday calls for 07-04-10

Posted on: April 7th, 2010 at 8:21 am

Markets likely to see a flat opening. Nifty has support at 5350 and resistance at 5420.

Buy Federal Bank Ltd at 279.55, target: 288. Stoploss: 274.
Buy Pricol Ltd at 27.95, target: 29.50. Stoploss: 27

9.30am – Book profit in BTST call of Hyderabad industries at 665

Book profits in Corporation bank at 508 (technical section)

1.00pm – in futures one can short sail at cmp 255 with sl at 259.

3.01pm – btst – buy irb infra in small quantity at 292, target 302. sl 285.

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631 Responses

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  1. Kartik Says:
    April 7th, 2010
    Posted at: 1:51 pm

    Hi Akash, hold it with sl at 1190. can add some.


  2. Kartik Says:
    April 7th, 2010
    Posted at: 1:51 pm

    Hi raja m, it looks strong above 275-277. if possible hold it for 1-2 days. today may trade near 278-280 it seems.


  3. nalini Says:
    April 7th, 2010
    Posted at: 1:52 pm

    i short sail forur tips tar for today


  4. ARIJIT DAS Says:
    April 7th, 2010
    Posted at: 1:53 pm

    HI KARTIK.
    TARGET FR SAIL FUT. SHORT?


  5. Kartik Says:
    April 7th, 2010
    Posted at: 1:53 pm

    Hi nalini, ok. can see 250

    Hi ARIJIT DAS, around 250


  6. Akash Says:
    April 7th, 2010
    Posted at: 1:54 pm

    Ok. SL as 1190 may not be possible for me but I can hold with SL 1200. Blue Star Info is again going down. :(


  7. ARIJIT DAS Says:
    April 7th, 2010
    Posted at: 1:55 pm

    Hi Kartik,
    OK, INTRADAY?
    THANKS


  8. Kartik Says:
    April 7th, 2010
    Posted at: 1:55 pm

    Hi Akash, ok.

    Hi ARIJIT DAS, yes, if markets turn weak. else hold till tomorrow.


  9. Raj Says:
    April 7th, 2010
    Posted at: 1:55 pm

    Can i buy Jindal Saw @ 223 for intraday??


  10. Girtanjali Says:
    April 7th, 2010
    Posted at: 1:56 pm

    HI kartik, What is the news around bharath forge ...it's doing well...And Gmdc and elecast are a hold even now ..Are they ...nifty is showing signs of weakness ..is it not ?


  11. nalini Says:
    April 7th, 2010
    Posted at: 1:56 pm

    suzlon this week it reach80?


  12. Kartik Says:
    April 7th, 2010
    Posted at: 1:56 pm

    Hi Raj, no, not yet

    Hi Girtanjali, yes. not sure of any news. guess some short covering. hold gmdc and electrosteel for now.


  13. Kartik Says:
    April 7th, 2010
    Posted at: 1:57 pm

    Hi Kb, sure.

    Hi nalini, yes. its possible.


  14. Kartik Says:
    April 7th, 2010
    Posted at: 1:57 pm

    ill be back in 30 min/


  15. Lav Says:
    April 7th, 2010
    Posted at: 1:58 pm

    hi.... is it good to buy yes bank now


  16. Kb Says:
    April 7th, 2010
    Posted at: 1:59 pm

    Hi Girtanjali,

    hi. . :)

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