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

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

Markets likely to see a flat opening.

If markets see weakness later during the day, sell: Tata Tea with stoploss at 124

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615 Responses

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Comment pages: 313233343536373839Show all

  1. Suresh M Says:
    July 7th, 2010
    Posted at: 3:35 pm

    Thanks kartik,i can hold ifci till nxt friday..what level will it see by next week end.


  2. DeepakM Says:
    July 7th, 2010
    Posted at: 3:36 pm

    Hi Kartik,

    I have RNRL and RCOM. should i hold it or dispose?

    Thanks


  3. Kartik Says:
    July 7th, 2010
    Posted at: 3:36 pm

    Hi DS, it faced strong resistance at 79, aobve which it can see 85+ levels

    Hi Trader, yes

    Hi indu, it can see 59 tomorrow


  4. Kartik Says:
    July 7th, 2010
    Posted at: 3:36 pm

    Hi ABHI, its likely to see 300+ tomorrow


  5. Kartik Says:
    July 7th, 2010
    Posted at: 3:37 pm

    Hi Suresh M, around 61

    Hi DeepakM, hold them for Short term, they shall do well


  6. Raman saran Says:
    July 7th, 2010
    Posted at: 3:47 pm

    Mr. Kartik Dr.Reddy showed some weakness and was closed around 1450 is it going to slide more ? i m long


  7. Kartik Says:
    July 7th, 2010
    Posted at: 4:04 pm

    Hi Raman saran, yes. overall its a looking good. is in a uptrend. continue to hold onto it for short term. can see 1500


  8. suzane Says:
    July 7th, 2010
    Posted at: 4:11 pm

    Hi Kartik, what is the indicator to identify the trend in chartnexus ?? How to study that ?? Kindly reply in easy words reading that indicator


  9. Kartik Says:
    July 7th, 2010
    Posted at: 4:21 pm

    Hi suzane, there are many technical indicators.. basic ones are 28, 50, 200 dma's or macd


  10. cks Says:
    July 7th, 2010
    Posted at: 4:23 pm

    Hi Kartik, I sold IFCI @1.40 (62.50 july series). Now it came down again to 1.10. Can I enter again in IFCI or Bharat forge? Which would you suggest?


  11. Sameer Says:
    July 7th, 2010
    Posted at: 4:36 pm

    Hi! Kartik, what is the target for NTPC for short term trade. Thanks........


  12. Suresh M Says:
    July 7th, 2010
    Posted at: 4:58 pm

    thanks kartik,can i exit ifci once it reaches 61 or hold for 1 more week?


  13. Reddy Says:
    July 7th, 2010
    Posted at: 5:24 pm

    Hi Kartik/CB,

    Can you suggest good picks for 2/3months time?


  14. Vinod Says:
    July 7th, 2010
    Posted at: 5:45 pm

    Hi kartik, i am in big trouble, by mistake(ie. Miscommunication between me & odin operator) ,i've failed to square off JYOTISTRUC - 200,can broker do something in this,or else ,how much penalty I will be charged ?


  15. Kartik Says:
    July 7th, 2010
    Posted at: 6:02 pm

    Hi cks, you may re-enter IFCI

    Hi Sameer, it can see 220 in Short term

    Hi Suresh M, it would be better to enter it for a target of 62 in 1-2 weeks time

    Hi Reddy, you may buy some of Neo Corporation for Long term at CMP

    Hi hitesh, it faces strong support at 835, below which it could see some more downside

    Hi Vinod, was it for Intraday or did you short sell it?


  16. kanifb Says:
    July 7th, 2010
    Posted at: 6:07 pm

    Mr. Kartik. The rights issue of Suzlon will have any effect on the price of the share

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