Quotes with Resistance & Support
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Intraday calls for 07-12-10

Posted on: December 7th, 2010 at 8:29 am

Markets likely to see a flat opening. Support for nifty is at 5950 and resistance near 6090

Buy Bharat Forge at 391, target: 400. Stoploss: 385

Trade in small quantities.

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564 Responses

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  1. suzane Says:
    December 7th, 2010
    Posted at: 10:54 pm

    Hi Kartik, how is the A2Z maintainence IPO to open tommorow ? is it good to apply for it ? its price band is 400-410 ... is it cheap or costlier ?
    i have heard that Rakesh Jhunjhunwala has 20% stake of it ??


  2. dhaval Says:
    December 7th, 2010
    Posted at: 11:11 pm

    sirji,

    what you say for dolphinoff!


  3. Kartik Says:
    December 7th, 2010
    Posted at: 11:26 pm

    Hi suzane, yes, but it seems to be expensive, would be better to avoid it, he has 25 Lakh shares at 14 and is planning to sell 5 lakh shares on its listing

    Hi dhaval, it has been posting weak results lately, would be better to avoid it as of now


  4. deepak Says:
    December 7th, 2010
    Posted at: 11:31 pm

    sir tomorrow target of HDIL ? i am holding 1000 hdil@209 only for this week . can it cross my buying rate this weak.


  5. pankaj Says:
    December 7th, 2010
    Posted at: 11:36 pm

    can i buy amtek auto for intraday tomorrow?? if yes, pls specify possible tgt.


  6. arun bj Says:
    December 7th, 2010
    Posted at: 11:38 pm

    cb today it recovered 217 to 232 . . Is it good sign to . . bullish signal . . ? .


  7. suzane Says:
    December 7th, 2010
    Posted at: 11:40 pm

    Hi Kartik, how can he buy those shares at such a low rate ?


  8. Kartik Says:
    December 7th, 2010
    Posted at: 11:42 pm

    Hi suzane, it was a private investment made by him in a company in 2006

    Hi arun bj, stock?

    Hi deepak, it can see 210-212 in this week if Markets recover

    Hi pankaj, its likely to open gapup, dont enter it on rise


  9. arun bj Says:
    December 7th, 2010
    Posted at: 11:55 pm

    hi kartik . Asked about . Hanung toys and textiles when i see the chart using candle stick pattern . . . Hammer symbol is there . . . Is this bullish signal . . Right . . ?


  10. Ram Says:
    December 8th, 2010
    Posted at: 12:49 am

    Hi Kartik,

    I am new to trading.
    Please explain how to read the nifty live streaming chart.
    Thanks in advance


  11. CB Says:
    December 8th, 2010
    Posted at: 3:08 am

    Hi suzane, yes. should see some bounce from cmp.. resurgere is a good bet fundamentally. can double in a yr

    Hi arun bj, no. looks weak. dont enter it yet. after a 2 day fall, can expect a small bonce. selling is likely to resume again

    Hi Ram, you will need to learn technical analysis for it.. you can download it from here: http://www.4shared.com/file/kYukPe6d/tech_books.html


  12. ABHISHEK Says:
    December 8th, 2010
    Posted at: 3:31 am

    Hi Kartik ,
    Thanks for the prompt reply...

    Can any one let me know how to use this site for intraday trading or swing trading.

    Secondly pls tell about the Hindalco for tomorrow.

    Thanks and regards
    Abhishek


  13. Kartik Says:
    December 8th, 2010
    Posted at: 8:33 am

    Hi ABHISHEK, Hindalco can see 228 today, you can chk the Intraday calls daily around 8:30 am here: http://nseguide.com/intraday-calls-tips/intraday-calls-for-08-12-10/


  14. abbas Says:
    December 8th, 2010
    Posted at: 8:41 am

    HI, NOW I INVEST MY MONEY IN SELMCL WITH 1500 @ 50 FOR YOUR TECHNICAL RECOMENTATION BUT THAT IS NOW RS-23 WHAT DOING ? PLEASE SUGGESTION ME.


  15. Veer Says:
    December 8th, 2010
    Posted at: 3:57 pm

    Is TCI Finance worth investing?
    Please suggest.

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