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

    Hi S.MAHESH, thanks.


  2. Kb Says:
    April 8th, 2010
    Posted at: 8:32 am

    ok.. karthik ...

    how is iob ?? stuck around 200 ma ??

    im in bit loss ..


  3. abc Says:
    April 8th, 2010
    Posted at: 8:32 am

    sir..i have 1 lakh rupees to invest..i am looking at an investment of 2-3 months..any stocks do you suggest?


  4. Kartik Says:
    April 8th, 2010
    Posted at: 8:34 am

    Hi Kb, it looks strong, may see some profit booking if bank nifty comes down a bit. hold it for short term. will do well

    Hi abc, wait for a 3-5% and buy some of ifci, jindal steel and cipla


  5. tuff money Says:
    April 8th, 2010
    Posted at: 8:34 am

    hi kartik, can i short sesagoa above 775 ?


  6. investor Says:
    April 8th, 2010
    Posted at: 8:35 am

    I have invested in NHPC for over 4 months. Shall i keep invested or start coming out of its position?


  7. GP Says:
    April 8th, 2010
    Posted at: 8:36 am

    Kartik
    wht abt Shreeashtavinayak its a hold for me @ 15 from last 2 months , will it do well in
    1-2 months , or i will sell them ? plz advice


  8. Kartik Says:
    April 8th, 2010
    Posted at: 8:36 am

    Hi tuff money, its trading at 480?

    Hi investor, yes, continue to hold onto it


  9. pritesh Says:
    April 8th, 2010
    Posted at: 8:36 am

    what about for idea?? is it go up today??target?


  10. Kartik Says:
    April 8th, 2010
    Posted at: 8:36 am

    Hi GP, yes, hold it. in short term can see 16.


  11. Dhruv Says:
    April 8th, 2010
    Posted at: 8:36 am

    what about sell mfg
    , yesterday slight go down- it can be purchase today for accumulating?


  12. Kb Says:
    April 8th, 2010
    Posted at: 8:37 am

    Hi Kartik,

    hmm.. ok karthik.. thanks..


  13. SRI Says:
    April 8th, 2010
    Posted at: 8:37 am

    hi karthik, how do you see Petronet LNG for intraday and in a week's time?


  14. Kartik Says:
    April 8th, 2010
    Posted at: 8:37 am

    Hi pritesh, yes, can see 70

    Hi Dhruv, yes, one can add few on dips.


  15. BILL_S Says:
    April 8th, 2010
    Posted at: 8:37 am

    GOOD MORNING KARTIK SIR.. WHAT IS TODAY TGT. FOR I.D.F.C.


  16. Kartik Says:
    April 8th, 2010
    Posted at: 8:37 am

    Hi SRI, it has strong resistance at 84. as of now seems will remain a bit flat.

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