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. Kartik Says:
    April 8th, 2010
    Posted at: 12:19 pm

    Hi preeti, around 250

    Hi sourabh, below 5330 we can see 5250

    Hi AJ, no, dont enter it now. wait for some dip


  2. abhiijith Says:
    April 8th, 2010
    Posted at: 12:20 pm

    Hiii. Pls suggest the downside target for DB Realty


  3. karkey Says:
    April 8th, 2010
    Posted at: 12:21 pm

    Bharti airtel holding 2000 @317 for intraday . what to do


  4. Kartik Says:
    April 8th, 2010
    Posted at: 12:22 pm

    Hi shrikanth, continue to hold for some time. dont enter welspun yet

    Hi qwert, not really sure. try contacting ur broker as to why you have not received it

    Hi rANGA, wait for some dip.

    Hi sadanand, yes, should see some bounce soon

    Hi karkey, it may remain flat from here.


  5. preeti Says:
    April 8th, 2010
    Posted at: 12:23 pm

    Hi Kartik, thanks


  6. bhatt Says:
    April 8th, 2010
    Posted at: 12:23 pm

    Hi karthik g.morning.
    Yesterday i meant to ask abt future trading i.e we do intraday in cash mkt in individual stocks like sbin,tatasteel,reliance etc as like can we trade in individual stocks in futures itself, i don't know abt F&O.then what is the difference btw cash & futures mkt, u please clear me.can we buy & sell the stock in futures, like cash mkt.
    can i have ur mail I.d


  7. Gitanjali Says:
    April 8th, 2010
    Posted at: 12:23 pm

    Hi Kartik,
    May I know the likely target price please for bharath forge..


  8. Kartik Says:
    April 8th, 2010
    Posted at: 12:24 pm

    Hi abhiijith, no, not sure about it

    Hi karkey, for now hold it. keep sl at 314.50

    Hi preeti, most welcome.


  9. Gitanjali Says:
    April 8th, 2010
    Posted at: 12:24 pm

    sorry ..to book profit


  10. suzane Says:
    April 8th, 2010
    Posted at: 12:25 pm

    whats ur assumption for europe market opening ?? +ve or -ve ??


  11. Kartik Says:
    April 8th, 2010
    Posted at: 12:26 pm

    Hi bhatt, in futures you cannot buy quantity of your wish. they are traded in lots and are usually in petty high quantities.

    Hi Gitanjali, around 280.

    Hi suzane, likely to open -ve


  12. jay Says:
    April 8th, 2010
    Posted at: 12:29 pm

    Sir, What do you say about bank nifty to buy or sell now at current levels?


  13. Kartik Says:
    April 8th, 2010
    Posted at: 12:29 pm

    Hi jay, one can short at cmp


  14. rANGA Says:
    April 8th, 2010
    Posted at: 12:30 pm

    CAN i BUY SUZLON FOR ONE MONTH KARTHIK?


  15. south Says:
    April 8th, 2010
    Posted at: 12:30 pm

    Assuming europe opening -ve, any stock recommended to short....Thx


  16. Pradyut Says:
    April 8th, 2010
    Posted at: 12:31 pm

    Hi Karik,
    what do you think, is market witnessing some correction from here (2~3 days tgt)? or going upwards?

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