Quotes with Resistance & Support
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Intraday calls for 07-12-09

Posted on: December 7th, 2009 at 9:10 am

Markets likely to open flat. Nifty has support at 5080.

Buy Banco Products at 81.85, target: 85. Stoploss: 79.50
Buy Nectar Lifescience Ltd at 30.20, target: 32. Stoploss: 29.30

Trade in small quantity.

12.40pm – sell reliance ind at cmp 1071, target: 1055. sl 1082 – (book profits at 1054)

30.05pm – btst – BUY adhunik metals in small quantity at cmp 103.50, target: 108-110, sl 99

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524 Responses

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Comment pages: 101112131415161718Show all

  1. Kartik Says:
    December 7th, 2009
    Posted at: 11:55 am

    Hi DS, around 602

    Hi LP, no, dont enter it yet

    Hi Nishu, no, news yet..it has some resistance at 138.above this it will do well


  2. Anil Says:
    December 7th, 2009
    Posted at: 11:56 am

    Karthik,
    TATASTEEL 500 PE holding @ 20.00. CMP 6.00. Today share was down by 2%. Any chances put reaching 15rs before expiry or exit?


  3. Nitin Jain Says:
    December 7th, 2009
    Posted at: 11:56 am

    Kartik, Holding Amtek Auto @ 197. any hope to reach 200 levels in a day or two


  4. Yusuf Says:
    December 7th, 2009
    Posted at: 11:56 am

    Hi Kartik, Banco is going down .. shud i hold or exit

    Thanks


  5. ankurpalan Says:
    December 7th, 2009
    Posted at: 11:56 am

    Hi varun soni, it has a target of 340 book profit partly and hold the rest


  6. fouzan Says:
    December 7th, 2009
    Posted at: 11:57 am

    kartick
    regarding banco

    book loss or to hold


  7. Natasha Says:
    December 7th, 2009
    Posted at: 11:57 am

    Hi Karthik,,, Hi, What is the relation between open interest and spot price of any stock ???


  8. sonia Says:
    December 7th, 2009
    Posted at: 11:58 am

    hi kartik, can i buy geship @ cmp?


  9. Kartik Says:
    December 7th, 2009
    Posted at: 11:58 am

    Hi Shekhar, 5120

    Hi DS, yes, lets keep it for some more time

    Hi tushar, its likely to remain weak today

    Hi varun soni, wait for short term..can see 335..keep a trailing sl

    Hi Anil, yes, hold onto it

    Hi Nitin Jain, yes, hold it.


  10. DS Says:
    December 7th, 2009
    Posted at: 11:58 am

    Dear Kartik,

    So would you advocate holding onto LITL for some time....or make 5 bucks {since had bought it @ 596 } and move off?


    Warm Regards,


    DS


  11. Anil Says:
    December 7th, 2009
    Posted at: 11:59 am

    Thanks Karthik


  12. Kartik Says:
    December 7th, 2009
    Posted at: 11:59 am

    Hi Natasha, if OI is increasing and stock is moving higher then it indicates that stock is witnessing buying interest and can move up further.. if OI is increasing and stock is moving lower then it means selling pressure is coming in and it could come down further

    Hi sonia, no, dont enter it yet


  13. varun soni Says:
    December 7th, 2009
    Posted at: 11:59 am

    nd pls gvme target of gvk power...wat can it see after todays news?


  14. Kartik Says:
    December 7th, 2009
    Posted at: 12:00 pm

    Hi Yusuf, hold it.

    Hi fouzan, keep it for some time

    Hi DS, technically it looks strong above 590. continue to hold it a little longer..can see 620

    Hi Anil, most welcome.


  15. $$$$ Says:
    December 7th, 2009
    Posted at: 12:00 pm

    Hi CB/Kartu\ik

    ur view on Tata Steel ? should i enter it now ?


  16. MURALI Says:
    December 7th, 2009
    Posted at: 12:01 pm

    Hi Kartik,

    Can i buy for Harrsison Malayam for intraday?

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