Quotes with Resistance & Support
Market Information

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. maddy Says:
    December 7th, 2009
    Posted at: 9:28 am

    should i go short on sterlite industries


  2. Nitin Jain Says:
    December 7th, 2009
    Posted at: 9:29 am

    Kartik,

    Religare does not allow Intraday for Banco Products :(


  3. Abhinav Jain Says:
    December 7th, 2009
    Posted at: 9:31 am

    What will be the effect of news of ABAN OFFSHORE defaulting on loan?


  4. Kartik Says:
    December 7th, 2009
    Posted at: 9:31 am

    Hi maddy, not yet..


  5. Rajat Says:
    December 7th, 2009
    Posted at: 9:31 am

    Hi Kartik,

    I am holding 5200 Call @ 94 . What to do ? Please suggest

    Regards
    Rajat


  6. Kartik Says:
    December 7th, 2009
    Posted at: 9:31 am

    Hi Abhinav Jain, it could trigger some downside if the news is out


  7. Kartik Says:
    December 7th, 2009
    Posted at: 9:31 am

    Hi Rajat, hold it..keep sl at 5080


  8. Kartik Says:
    December 7th, 2009
    Posted at: 9:32 am

    Hi Nitin Jain, ok..go with nectar life


  9. abhi Says:
    December 7th, 2009
    Posted at: 9:34 am

    Good morning sir,
    PLease tel me the target of voltas today?should i switch from voltas to andhra bannk?


  10. Bala Says:
    December 7th, 2009
    Posted at: 9:35 am

    any suggestions for options?


  11. Kartik Says:
    December 7th, 2009
    Posted at: 9:35 am

    Hi abhi, voltas is a good buy above 182.. if you are in profits then book and buy some of andhra bank


  12. Kartik Says:
    December 7th, 2009
    Posted at: 9:35 am

    Hi Bala, below 5080 buy 5100 put


  13. Kartik Says:
    December 7th, 2009
    Posted at: 9:36 am

    Hi suresh, bit better now. wont be online today.. maybe from tomorrow.


  14. chandu Says:
    December 7th, 2009
    Posted at: 9:38 am

    good morning cb&all


  15. Kartik Says:
    December 7th, 2009
    Posted at: 9:39 am

    Hi chandu, Good morning


  16. Arasu Says:
    December 7th, 2009
    Posted at: 9:40 am

    Good Morning.. Any sure calls on options...

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