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. suresh Says:
    December 7th, 2009
    Posted at: 3:22 pm

    sure,thanks Kartik


  2. sudhanshu Says:
    December 7th, 2009
    Posted at: 3:22 pm

    hi...kartik......what is ur say on JSW energy ltd..........


  3. Piyush Says:
    December 7th, 2009
    Posted at: 3:22 pm

    Hi Kartik, Bharti Shipyard is showing good level around 221-223. can we have a buy opportunity here for short term?


  4. Dibu Says:
    December 7th, 2009
    Posted at: 3:24 pm

    I bought ICICI @863 will it perform well in Short term


  5. fouzan Says:
    December 7th, 2009
    Posted at: 3:24 pm

    hello kartick
    thanks for ur btst

    struck up in banco please advise


  6. swapna Says:
    December 7th, 2009
    Posted at: 3:24 pm

    hi cb , bot nilkamal @ 104 can i hold for tomorrow? or exit


  7. Anil Says:
    December 7th, 2009
    Posted at: 3:25 pm

    Karthik,
    Can we see gap down opening tomorrow as US is expected to trade negitive?


  8. DS Says:
    December 7th, 2009
    Posted at: 3:25 pm

    Dear Kartik,

    As rightly predicted by you both Metals and Real estate have taken some decent beatings today. And more surprisingly even infra went down....Can one do a BTST in these sectors or is further downside expected?


    Warm Regards,


    DS


  9. suresh Says:
    December 7th, 2009
    Posted at: 3:25 pm

    Kartik,

    its seems more of market correction, is it so?


  10. pankaj Says:
    December 7th, 2009
    Posted at: 3:28 pm

    shall i sell my puts kartik or hold. pls tell. thanx.


  11. Kartik Says:
    December 7th, 2009
    Posted at: 3:29 pm

    Hi DS, around 245

    Hi ashok69, hold it for some days, it can do well

    Hi sudhanshu, it seems a good bet

    Hi Anil, yes

    Hi DS, we might see some more downside tomorrow

    Hi suresh, some downside was expected, we might see some more downside in the coming days


  12. Piyush Says:
    December 7th, 2009
    Posted at: 3:31 pm

    Hi Kartik, Bharti Shipyard is showing level around 221-223. can we have a buy opportunity here for short term?


  13. Kartik Says:
    December 7th, 2009
    Posted at: 3:32 pm

    Hi Piyush, its already run up a lot, dont enter it now, wait for a dip in it


  14. Shah Viral Says:
    December 7th, 2009
    Posted at: 3:32 pm

    Hello Sir...
    Good Afternoon..

    What's TGT of Nifty 5000 PE in comming Days...??

    Thanks sir..


  15. AR Says:
    December 7th, 2009
    Posted at: 3:32 pm

    Kartik.wat abt FSL?????its going down a lot............wat to do??????????i can keep it max till tomorrow...............pls advice..............buy price 37.5/-


  16. fouzan Says:
    December 7th, 2009
    Posted at: 3:35 pm

    dear kartick
    thanks for all ur tips

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