Quotes with Resistance & Support
Market Information

Intraday calls for 08-04-10

Posted on: April 8th, 2010 at 8:23 am

Markets likely to see a flat opening. Nifty has support at 5350 and resistance at 5400.

Sell Oracle Financial Services Software Ltd at 2245.70, target: 2210. Stoploss: 2263 – (exit postions at 2248)

If markets show recovery later during the day, buy: Den Networks Ltd

Trade in small quantities.

1.01pm – book profits in SAIL futures at cmp 249. short call given yesterday

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669 Responses

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Comment pages: 343536373839404142Show all

  1. Sri Says:
    April 9th, 2010
    Posted at: 8:12 am

    HI Kartik

    Good Morning, When can we buy BEL and P & G for 10% gains. Please advice


  2. Kartik Says:
    April 9th, 2010
    Posted at: 8:16 am

    Hi anand N, Good morning. has some support at 770. may remain flat today

    Hi ARUP, Good morning

    Hi ram, Good morning. may open 10-15 points higher.

    Hi Sri, wait for a 5-7% dip to enter them. have rallied quite a bit.


  3. Sri Says:
    April 9th, 2010
    Posted at: 8:19 am

    Thanks Kartik

    How about Jubliant Foodworks, for short term.


  4. ram Says:
    April 9th, 2010
    Posted at: 8:20 am

    karthik then shall i sell andhrabank at 120 today


  5. Shipra Says:
    April 9th, 2010
    Posted at: 8:20 am

    Hi Kartik..good morning ..
    what is the exit price for bharti airtel?
    I bought them at 313 and though it had reached 320 but i thought it will rise more
    but now it is down...how much target is expected from it ?


  6. trader Says:
    April 9th, 2010
    Posted at: 8:20 am

    Hi, I bought Apollo Tyres at 77.65. On CNBC Awaz, it was given a sell call? Shall i come out of it?


  7. rashid Says:
    April 9th, 2010
    Posted at: 8:22 am

    yesterday i had taken 5200 put at its peak........what to do


  8. Kartik Says:
    April 9th, 2010
    Posted at: 8:23 am

    Hi Sri, not sure about it

    Hi ram, yes

    Hi Shipra, hold it. can head upto 330

    Hi trader, its rallied quite a bit. at opening if it adds 1-2rs, would advice to exit from it.


  9. Kartik Says:
    April 9th, 2010
    Posted at: 8:23 am

    Hi rashid, hold it. keep sl at 5340


  10. trader Says:
    April 9th, 2010
    Posted at: 8:24 am

    Thanks for the info. Can I invest in JP Associates at current levels?


  11. rashid Says:
    April 9th, 2010
    Posted at: 8:24 am

    may i buy 5300 call for hedging 5200 put,,,,,,,,,,,,,,,also holding 3 lots 5400 call


  12. amit biswas Says:
    April 9th, 2010
    Posted at: 8:26 am

    good morning


  13. Shipra Says:
    April 9th, 2010
    Posted at: 8:27 am

    Thanks kartik...can i add more of federal bank at cmp . Previously i had bought them at 285 and its target is 300..?


  14. ramsingh Says:
    April 9th, 2010
    Posted at: 8:27 am

    Hai Kartik
    Please suggest about Nexxoft Ifotel.What is the target price.Please suggest.


  15. Kartik Says:
    April 9th, 2010
    Posted at: 8:31 am

    Hi trader, most welcome. no, dont invest in jp yet

    Hi rashid, no, not yet

    Hi amit biswas, Good morning..

    Hi Shipra, dont add more yet. hold it for now.

    Hi ramsingh, its a buy on dips around 24

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