Quotes with Resistance & Support
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Intraday calls for 08-03-10

Posted on: March 8th, 2010 at 8:15 am

Markets likely to see a positive opening. Resistance for nifty is at 5160 and support at 5050.

Buy Avaya GlobalConnect Ltd at 240.55, target: 250. Stoploss: 234.

11.19am – buy globus spirits at 111.50 target 116. stoploss: 108 (sl triggered)

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718 Responses

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  1. AJ Says:
    March 8th, 2010
    Posted at: 2:03 pm

    Hi Kartik

    can I short Nifty at CMP


  2. Mani Says:
    March 8th, 2010
    Posted at: 2:04 pm

    Hi Kartik, got [email protected] I hold or exit? Any chance to book profit if I hold it for 2 or 3 days? Pl advise.Thnks.


  3. Chandrika Says:
    March 8th, 2010
    Posted at: 2:04 pm

    HI KArthik

    I bought lupin @1550 for intraday. Can I hold or exit


  4. stalin Says:
    March 8th, 2010
    Posted at: 2:04 pm

    nd wht levels can we expect for reliance & sesagoa for the day


  5. akanksha Says:
    March 8th, 2010
    Posted at: 2:04 pm

    Hi karthik, please give reply to my question.


  6. Kartik Says:
    March 8th, 2010
    Posted at: 2:05 pm

    Hi Siva, exit it at CMP

    Hi stalin, likely to close around 5110

    Hi Vijay, hold it for Short term, it can see 58+ levels

    Hi AJ, no, dont go short yet

    Hi Gauri, good afternoon, hold them for some more time


  7. bala Says:
    March 8th, 2010
    Posted at: 2:05 pm

    hi ..i purchased Globus spirits at 111.50, nw it has fallen down , wt to do ?


  8. airbites Says:
    March 8th, 2010
    Posted at: 2:06 pm

    Kartik - Can u tellme why SBI jumped so much suddenly(60 Rs.) a few hours ago ?
    Any details....


  9. Angana Says:
    March 8th, 2010
    Posted at: 2:07 pm

    Hi Kartik, Why HMT is not moving?it’s flat for last 3 days


  10. Kartik Says:
    March 8th, 2010
    Posted at: 2:07 pm

    Hi akanksha, Spice Communications Ltd is trading at 58 today, hold it for Short term, it can do well

    Hi stalin, they can add another 1-2%

    Hi Chandrika, hold it with a Sl at 1530

    Hi Mani, not sure abt the next 1-2 days, if possible hold it for Short term, it can do well


  11. LP Says:
    March 8th, 2010
    Posted at: 2:08 pm

    Both Nikkei and Hang Sang gained nearly 2% each, European mkt up nearly 0.2% each, Both Dow and Nasdaq Fut flat to positive, Oil up 0.6% at $82, Base metal price on LME up 1% each and Rupee appreciated 17bps


  12. rsk Says:
    March 8th, 2010
    Posted at: 2:09 pm

    can i go short on unitec or suzlon?


  13. Kartik Says:
    March 8th, 2010
    Posted at: 2:09 pm

    Hi Angana, it shall do well in the coming 2-3 days time, hold it

    Hi airbites, sorry, not sure of any news on it yet

    Hi Chida, yes, sorry for the loss


  14. Kartik Says:
    March 8th, 2010
    Posted at: 2:09 pm

    Hi LP, thanks for the update

    Hi rsk, no, dont go short yet


  15. tuff money Says:
    March 8th, 2010
    Posted at: 2:09 pm

    hi kartik,

    at what price can should i try to enter unitech


  16. Kartik Says:
    March 8th, 2010
    Posted at: 2:10 pm

    Hi tuff money, enter it around 72

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