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: 141516171819202122Show all

  1. varun soni Says:
    December 7th, 2009
    Posted at: 12:27 pm

    kartik please suggest sum december futures tht i can buy?


  2. Kartik Says:
    December 7th, 2009
    Posted at: 12:27 pm

    Hi Rajeev nigam, it has resistance at 103.50..dont enter it yet


  3. Kartik Says:
    December 7th, 2009
    Posted at: 12:28 pm

    Hi varun soni, as of now no new call. markets are kind of directionless


  4. ANS Says:
    December 7th, 2009
    Posted at: 12:30 pm

    I Want to buy tatamotors,should i take position at current level or wait for some more down fall?


  5. arun Says:
    December 7th, 2009
    Posted at: 12:32 pm

    hi kartik what u thinking of the unitech?
    today


  6. Kartik Says:
    December 7th, 2009
    Posted at: 12:33 pm

    Hi ANS, dont enter it yet..lets wait for some time.


  7. Kartik Says:
    December 7th, 2009
    Posted at: 12:33 pm

    Hi arun, it has strong resistance at 92..above this it can see 100


  8. arun Says:
    December 7th, 2009
    Posted at: 12:34 pm

    thanks kartik
    this mean i can still enter that
    thanks


  9. nb Says:
    December 7th, 2009
    Posted at: 12:35 pm

    Hi Kartik, Why telecom shows gradual upward move? especially Bharti is on the raise for last few days...


  10. Kartik Says:
    December 7th, 2009
    Posted at: 12:35 pm

    Hi arun, wait for some time.


  11. Kartik Says:
    December 7th, 2009
    Posted at: 12:36 pm

    Hi nb, some buying interest coming back in them ..


  12. br Says:
    December 7th, 2009
    Posted at: 12:37 pm

    Karthik, any shorts as of now /??


  13. rahul Says:
    December 7th, 2009
    Posted at: 12:38 pm

    Hi Kartik holding 300 shares of banco products is it still a hold or exit at cmp?


  14. nb Says:
    December 7th, 2009
    Posted at: 12:38 pm

    Hi Kartik, Good to hear that, is the trend is predictable for Bharti now? if so, what will be Bharti's destination in another 1 month?


  15. abhi Says:
    December 7th, 2009
    Posted at: 12:39 pm

    Wat target we can see in alkali metals for 6-8 months?


  16. Kartik Says:
    December 7th, 2009
    Posted at: 12:39 pm

    Hi br, if europe opens weak short relaince ind.

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