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. rsk Says:
    April 8th, 2010
    Posted at: 12:00 pm

    Can i buy Tata Steel or Hindalco now for intraday?


  2. LP Says:
    April 8th, 2010
    Posted at: 12:01 pm

    Inflation: Primary Article rose 14.50% (last week 13.88%), Fuel & Power rose 12.71% (last week 12.68%) and Food Article at 17.70% (last week 16.22%)


  3. S.MAHESH Says:
    April 8th, 2010
    Posted at: 12:07 pm

    Primary articles inflation for week ended Mar.27, 2010 stands at 14.50% as against 13.86% a week ago.


  4. Gitanjali Says:
    April 8th, 2010
    Posted at: 12:10 pm

    Hi LP, & Hi S.MAHESH, Thanks .


  5. Kartik Says:
    April 8th, 2010
    Posted at: 12:12 pm

    sorry, was not online before.. .


  6. stalin Says:
    April 8th, 2010
    Posted at: 12:12 pm

    hai mate relinfra is going down...can we see some recover in it for the day


  7. Ramesh bhole Says:
    April 8th, 2010
    Posted at: 12:13 pm

    hi , pl suggest exit price for fedral bank for intraday
    thanks


  8. Kartik Says:
    April 8th, 2010
    Posted at: 12:13 pm

    Hi stalin, book profits in it for now. large caps are seeing some selling pressure


  9. abhiijith Says:
    April 8th, 2010
    Posted at: 12:13 pm

    Hiii Karthik. Pls suggest intraday targets for Pipavav Shipyard and Den Networks


  10. Gitanjali Says:
    April 8th, 2010
    Posted at: 12:14 pm

    Hi Kartik,
    OFSS is trading at 2255 + ...can I short at cmp ? ...there r more buyers in that counter .. even so the sell shall hold good , does it pl?


  11. rashid Says:
    April 8th, 2010
    Posted at: 12:14 pm

    may i book profit in my put


  12. Kartik Says:
    April 8th, 2010
    Posted at: 12:14 pm

    Hi Ramesh bhole, around 285

    Hi abhiijith, den can add 4-5rs if markets improve a bit. pipavav may remain flat.


  13. Raj Says:
    April 8th, 2010
    Posted at: 12:15 pm

    Can i sell DLF intraday???


  14. Gauri Says:
    April 8th, 2010
    Posted at: 12:15 pm

    Hartik shorted Glodyne at 756 now CMP 748.20 pl. tell shall hold or book profit n exit


  15. Kartik Says:
    April 8th, 2010
    Posted at: 12:15 pm

    Hi Gitanjali, no, dont go short on it today

    Hi rashid, hold it for some time.


  16. Kartik Says:
    April 8th, 2010
    Posted at: 12:15 pm

    Hi Raj, in small quantity

    Hi Gauri, hold it for some time.

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