Quotes with Resistance & Support
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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. Ramesh bhole Says:
    April 8th, 2010
    Posted at: 10:31 am

    SELL SAIL? IF YES PL SUGGEST STOPLOSS.
    THANKS


  2. south Says:
    April 8th, 2010
    Posted at: 10:31 am

    hi..what's the target for Den network for today


  3. Kartik Says:
    April 8th, 2010
    Posted at: 10:31 am

    Hi senthil, dont enter them yet. wait for some time.

    Hi shiva, dont add more. hold it

    Hi pawan, no, not yet


  4. raj Says:
    April 8th, 2010
    Posted at: 10:32 am

    Gm kartik wats the near targt of birla power.


  5. Kartik Says:
    April 8th, 2010
    Posted at: 10:32 am

    Hi suzane, not sure of jubliant.. den keep sl at 204.

    Hi Ramesh bhole, sl is at 259. sell around 255-256

    Hi south, 214.


  6. Gitanjali Says:
    April 8th, 2010
    Posted at: 10:32 am

    Hi Kartik, Thanks a lot...I have nothing to do with nifty short position ? stay put or is there any procedure to follow ?


  7. Kartik Says:
    April 8th, 2010
    Posted at: 10:33 am

    Hi raj, around 4

    Hi Gitanjali, no. hold onto it..


  8. shiva Says:
    April 8th, 2010
    Posted at: 10:33 am

    also tell me what is correct buying price of karuturi, fluidomat , shree ashta???
    sm ppl r saying shree ashta will bounce back to 21 levels soon...is that possible?


  9. Test Says:
    April 8th, 2010
    Posted at: 10:33 am

    HI Kartik,

    i am holding dlf @333, pls tell @ what price I should exit from dlf.


  10. kk Says:
    April 8th, 2010
    Posted at: 10:33 am

    SEL Manufacturing not performing from past few days. Does it really a worth stock to invest further ?
    I alrady hold 250 shares at average of 75.
    Please advise,.


  11. sri Says:
    April 8th, 2010
    Posted at: 10:33 am

    Hi Kartik, Why does Bharti falls back after touching 320 or so? its 2nd or 3rd time, its happening. What is the short term target?


  12. sunil Says:
    April 8th, 2010
    Posted at: 10:34 am

    Hi Kartik i am holding drreddy @1300 hold or book lose


  13. raj Says:
    April 8th, 2010
    Posted at: 10:35 am

    wats ur view for uflex i holding 200 @101


  14. Gitanjali Says:
    April 8th, 2010
    Posted at: 10:35 am

    Thanks again...Shall I short kfa futures now at cmp pl?


  15. Kartik Says:
    April 8th, 2010
    Posted at: 10:35 am

    Hi shiva, 21 seems unlikely. buy them around 3-5% lower

    Hi Test, can see 350

    Hi kk, dont add more of it. for now hold it

    Hi sri, yes. facing some resistance near 325. wil do well once it crosses it.


  16. Agnihotri Says:
    April 8th, 2010
    Posted at: 10:35 am

    sir i m trap in kisan moulding @97 n now its on 94.65 wat i do...?

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