Quotes with Resistance & Support
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Intraday calls for 08-02-11

Posted on: February 8th, 2011 at 8:27 am

Markets likely to open flat, Support for Nifty is at 5365 and resistance at 5440

Buy Glenmark Pharma around 296, Target: 305, SL 290

Nifty Index/Future Live Chart with RSI, MACD, Slow Stochastic – Click to view

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662 Responses

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  1. suzane Says:
    February 8th, 2011
    Posted at: 9:56 pm

    Hi Kartik, do u think they can multiply x10 to x100 to my capital ??


  2. Kartik Says:
    February 8th, 2011
    Posted at: 10:01 pm

    Hi suzane, yes, they are good bets fundamentally


  3. PRIYA Says:
    February 8th, 2011
    Posted at: 10:05 pm

    thanx CB


  4. suzane Says:
    February 8th, 2011
    Posted at: 10:06 pm

    Hi Kartik, can i invest blindly in those ??


  5. Kartik Says:
    February 8th, 2011
    Posted at: 10:17 pm

    Hi suzane, you may enter them in small quantity at CMP and avg them if Markets fall futher, also invest only 30-40% of your total capital amount at current levels

    Hi PRIYA, most welcome


  6. suzane Says:
    February 8th, 2011
    Posted at: 10:21 pm

    Hi Kartik, what about LITL and UNITECH at current level ?? is it good to buy for long term ??


  7. Kartik Says:
    February 8th, 2011
    Posted at: 10:24 pm

    Hi suzane, Infra stocks look weak, dont enter them yet, wait for some time for realty sector to move up


  8. Kb Says:
    February 8th, 2011
    Posted at: 10:28 pm

    Hi Kartik, Good Evening :)


  9. raj gupta Says:
    February 8th, 2011
    Posted at: 10:31 pm

    sir can market go more down ? if yes then when will stop of falling the market ?


  10. gaps Says:
    February 8th, 2011
    Posted at: 10:45 pm

    Hi Kartik, any idea why muthoot capital is having a free fall. Is it something to do with their rights issue?


  11. Kartik Says:
    February 8th, 2011
    Posted at: 10:55 pm

    Hi gaps, it had ralied from 80 to 200+ levels in a years time and has been seeing profit booking since then, no, not related to its right issue

    Hi raj gupta, lets wait to see how we react tomorrow, cant be sure yet


  12. MICKY Says:
    February 8th, 2011
    Posted at: 11:02 pm

    Kartik

    do u thnk we can short mudhoot morrow on rise then


  13. Kartik Says:
    February 8th, 2011
    Posted at: 11:02 pm

    Hi MICKY, no, it can be a risky bet


  14. MICKY Says:
    February 8th, 2011
    Posted at: 11:06 pm

    Karik tell which one is good for morrow Vishal Retail Limited,Punlyod, Fortis Healthcare Ltd,

    Andhra Bank


  15. rohan Says:
    February 8th, 2011
    Posted at: 11:08 pm

    HI Karthik,

    What are your views on Sterlite Technologies for long term? Why it is getting beaten down?


  16. sekhar Says:
    February 8th, 2011
    Posted at: 11:09 pm

    hi "CB" "KARTIK" how is "TATAMOTORS " looking now holding 1100 put ,guide me please

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