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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  1. Sidharth Says:
    December 7th, 2009
    Posted at: 12:09 pm

    kartik, Is this the time to buy stocks or wait for some dip in the market..?


  2. [email protected]! Says:
    December 7th, 2009
    Posted at: 12:09 pm

    Hi Kartik, Hello Kartik I m Talking about buying on Dips not CMP??? :)


  3. fouzan Says:
    December 7th, 2009
    Posted at: 12:09 pm

    any stocks for intra day now


  4. Kartik Says:
    December 7th, 2009
    Posted at: 12:10 pm

    Hi Ashok, most welcome

    Hi Sidharth, wait for some downside..

    Hi [email protected]!, yes..around 3-5% lower its a good bet

    Hi fouzan, not yet


  5. [email protected]! Says:
    December 7th, 2009
    Posted at: 12:11 pm

    Hi Kartik, ok Thank


  6. assish Says:
    December 7th, 2009
    Posted at: 12:11 pm

    GREAT CALL ON NECTAR LIFE. THANKS


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

    Hi [email protected]!, most welcome

    Hi assish, most welcome.


  8. fouzan Says:
    December 7th, 2009
    Posted at: 12:13 pm

    kartik
    can i buy some more banco now to average


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

    Hi fouzan, no, dont avg it now. avg if it comes back to 79


  10. goutam Says:
    December 7th, 2009
    Posted at: 12:15 pm

    Hi Kartik,
    I am holding ICICI bank @ 882,could you pl. tell me whether need to stay or exit?


  11. kumar Says:
    December 7th, 2009
    Posted at: 12:16 pm

    Hi CB/Kartik,

    Can i BUY SAIL for intraday @ CMP.


  12. Kartik Says:
    December 7th, 2009
    Posted at: 12:18 pm

    Hi goutam, hold it for some time

    Hi kumar, no, dont enter it yet


  13. Pardhasaradhi Says:
    December 7th, 2009
    Posted at: 12:18 pm

    i have essar oil at 146. kindly advise when to exit. thanks in advance


  14. Kartik Says:
    December 7th, 2009
    Posted at: 12:20 pm

    Hi Pardhasaradhi, it can see 160 in short term.


  15. AC Says:
    December 7th, 2009
    Posted at: 12:20 pm

    HI KARTIK ...IS NIFTY LIKELY TO MOVE UP OR MOVE DOWN FROM HERE FOR TODAY?


  16. Kartik Says:
    December 7th, 2009
    Posted at: 12:20 pm

    Hi AC, likely to remain flat.

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