Quotes with Resistance & Support
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Intraday calls for 07-05-10

Posted on: May 7th, 2010 at 8:22 am

Markets likely to see a gap down opening. Support for nifty is at 5025.

If markets show recovery later during the day, buy: Varun Shipping Company Ltd above 48 & Tata steel above 560

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747 Responses

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  1. Kartik Says:
    May 7th, 2010
    Posted at: 12:36 pm

    Hi Gitanjali, the JP Infra IPO launch is likely to be positive, but the stock is a Market mover, if markets see some recovery from current levels, it can see some upmove

    Hi sr, wait for some time

    Hi vimu, yes, hold it for some more time, its more of a Market mover


  2. raj kamal Says:
    May 7th, 2010
    Posted at: 12:36 pm

    hi kartik yesterday at CNBC i heard the advice of someone for suzlon that it can cross 100 rs within 1 weak. is it right ? should i enter in suzlon CMP is 68 rs. ?


  3. samma Says:
    May 7th, 2010
    Posted at: 12:36 pm

    any kind of stock i invest it..for good return with 1 month...


  4. Gitanjali Says:
    May 7th, 2010
    Posted at: 12:36 pm

    Hi Kartik, HI CB euro may open better..bbc global is positive for to day ...the election news of uk is digested for now ..

    I would like to know if u may guide regarding next week ... is there more to euro during week end..


  5. Shads Says:
    May 7th, 2010
    Posted at: 12:36 pm

    Kartik,

    How abt RIL, the verdict is its favour and it has pulled up 3%. Shall I wait for it dip? Do you think it will fall from here?


  6. kumar Says:
    May 7th, 2010
    Posted at: 12:37 pm

    Thanks Kartik, hold it for today or tommorrow,
    pls tel me the target & SL,


  7. Kartik Says:
    May 7th, 2010
    Posted at: 12:37 pm

    Hi rsk, hold it with a SL at 5020


    Hi Don, its trading below its support levels for 1058, dont enter it yet


  8. Kartik Says:
    May 7th, 2010
    Posted at: 12:38 pm

    Hi DS, not yet


  9. subramanivs Says:
    May 7th, 2010
    Posted at: 12:38 pm

    Hi Kartik,

    I have relaince 1040 call option. what shall i do?


  10. Sri Says:
    May 7th, 2010
    Posted at: 12:39 pm

    HI I have shorted RNRL, how much can it go today, How has european markets opened.


  11. sourabh Says:
    May 7th, 2010
    Posted at: 12:39 pm

    ib real what is the target of 1 month


  12. Anurag Says:
    May 7th, 2010
    Posted at: 12:39 pm

    Hi Karthik/CB... Europe is in BIG RED.. do we see 4955 today?


  13. Kartik Says:
    May 7th, 2010
    Posted at: 12:39 pm

    Hi Shads, you may enter it in small quantity for short term as of now

    Hi Gitanjali, a bounce is expected next week, since European market have already dropped down by more than 5-6% in a weeks time

    Hi kumar, hold it for 2-3 days time, the SL is 552, target 580


  14. samma Says:
    May 7th, 2010
    Posted at: 12:39 pm

    any kind of stock i invest it..for good return with 1 month...
    ur suggestion of NDTV..


  15. GRC Says:
    May 7th, 2010
    Posted at: 12:39 pm

    pl. can you give some info on uttam sugar


  16. MC Says:
    May 7th, 2010
    Posted at: 12:40 pm

    sorry,4952 is 61.8% retch label.what is 200 d label

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