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: 91011121314151617Show all

  1. amit Says:
    April 8th, 2010
    Posted at: 10:07 am

    hi kartik
    i hav 100 srf @210 and 200 abcil @ 90 wat shd i do???
    shd i hold them or exit???
    pls guide me.


  2. Kartik Says:
    April 8th, 2010
    Posted at: 10:07 am

    Hi Arasu, hold it for now. if nifty remains weak, it can come down a bit.

    Hi Gitanjali, they are looking good. hold onto them. book partial in orient.


  3. sankar Says:
    April 8th, 2010
    Posted at: 10:08 am

    hi kartik
    good morning

    can i buy DEN NETWORK now @ cmp?


  4. bs Says:
    April 8th, 2010
    Posted at: 10:08 am

    thanks kartik exit oracle at 2247.. loss only 250.. please advise any other sell call?
    regards


  5. Kartik Says:
    April 8th, 2010
    Posted at: 10:08 am

    Hi amit, they are a hold. should do well

    Hi bs, ok. as of now no new call. markets are not really seeing much of selling pressure.

    Hi sankar, Good morning.yes, enter in small quantity


  6. Kartik Says:
    April 8th, 2010
    Posted at: 10:09 am

    Hi Kb, around 214


  7. LEO Says:
    April 8th, 2010
    Posted at: 10:09 am

    Hi Kartik,

    Good Morning...

    Nifty Support level and what is the best level to go long in Call and Fut..


  8. Gitanjali Says:
    April 8th, 2010
    Posted at: 10:09 am

    Hi Kartik, OK Thanks ...Can u give the target ...nearest ...for GMDC , Elect and bharath pl?


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

    Hi Kartik,
    ok ..

    Thankuu karthik ..

    Hi Gitanjali, :)


  10. Kartik Says:
    April 8th, 2010
    Posted at: 10:11 am

    Hi LEO, below 5330 we can buy a put

    Hi Gitanjali, gmdc can see 153, electro around 56 dand bhartf around 284.


  11. ARUP Says:
    April 8th, 2010
    Posted at: 10:11 am

    plz sir,irb infra exit??????


  12. LEO Says:
    April 8th, 2010
    Posted at: 10:12 am

    Kartik,

    Any Market news ab't JPPOWER...


  13. Arasu Says:
    April 8th, 2010
    Posted at: 10:12 am

    Karthick/CB, when shd square off UNITECH fuutres ... how long it can come down in fuutres


  14. MJR Says:
    April 8th, 2010
    Posted at: 10:12 am

    Hi Kartik, In your site u r giving Nifty level is Fut level or spot level?


  15. Kartik Says:
    April 8th, 2010
    Posted at: 10:13 am

    Hi Kb, most welcome

    Hi ARUP, hold it for some time.


  16. bs Says:
    April 8th, 2010
    Posted at: 10:13 am

    hi kartik.. exit in time from oracle.. thanks.. can i short now at 2261??

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