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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  1. nalini Says:
    April 8th, 2010
    Posted at: 9:33 am

    goodmorning, ishort jsw steel any downside please tar s/l thank u sir


  2. Harvinder Says:
    April 8th, 2010
    Posted at: 9:37 am

    Hi Kartik,

    Target for Prism cement?


  3. Anurag Says:
    April 8th, 2010
    Posted at: 9:46 am

    Hi MJR.. What point you are doing a NIFTY SHORT? What is the TARGET and timeframe for the same


  4. MJR Says:
    April 8th, 2010
    Posted at: 9:49 am

    Hi Anurag, Nifty Fut short TGT 5200 Time Frame is 1-2 week


  5. rushi Says:
    April 8th, 2010
    Posted at: 9:50 am

    GM Kartik


  6. suresh Says:
    April 8th, 2010
    Posted at: 9:50 am

    Hi pawan, Hi pawan, no chance it will move up to 325


  7. MJR Says:
    April 8th, 2010
    Posted at: 9:51 am

    Hi Anurag, BLW SHORT 5350 IF BREAK.


  8. Vivek Shah Says:
    April 8th, 2010
    Posted at: 9:51 am

    any tip for Bellary steel ?


  9. Gitanjali Says:
    April 8th, 2010
    Posted at: 9:52 am

    HI Kartik,
    How r gmdc, electcast and bharath looking...shall I exit for now ? How is the mkt looking overall please ?


  10. tuff money Says:
    April 8th, 2010
    Posted at: 9:52 am

    hi kartik... what is the target for unitech ?


  11. Anurag Says:
    April 8th, 2010
    Posted at: 9:53 am

    Thanks MJR


  12. Angana Says:
    April 8th, 2010
    Posted at: 9:53 am

    How is VLAN Hotel for short term?


  13. LP Says:
    April 8th, 2010
    Posted at: 9:54 am

    Hi Anurag,

    this is a call received from broker

    HEDGING STRATEGY : BUY NIFTY 5300 PE @57 ; SELL NIFTY 5200 PE @ 32


  14. san Says:
    April 8th, 2010
    Posted at: 9:55 am

    nifty broken 5350can short now???


  15. amit Says:
    April 8th, 2010
    Posted at: 9:55 am

    hi kartik.
    i hav 100 srf @ 210 wat shd i do???


  16. ASHIM Says:
    April 8th, 2010
    Posted at: 9:56 am

    HI.....KARTIK....3 month ago I brought kesoram 402...now what will be tha trgt for me...

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