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: 252627282930313233Show all

  1. Ram M Says:
    April 8th, 2010
    Posted at: 2:14 pm

    HI Kartik... Can nifty be bought here? SL & Tgt plz sir.....


  2. Raj Says:
    April 8th, 2010
    Posted at: 2:15 pm

    kartik, bought jindal saw 1000 @ 219.9, pls suggest


  3. sourabh Says:
    April 8th, 2010
    Posted at: 2:16 pm

    what is the target of nifty till tomorrow.


  4. Gitanjali Says:
    April 8th, 2010
    Posted at: 2:18 pm

    Hi Kartik, OK Thanks a lot your advice for nifty short pl... shall I exit all the holding' s for now ..please.?


  5. Anurag Says:
    April 8th, 2010
    Posted at: 2:18 pm

    Karthik.. I missed to SHORT BANKNIFTY…. @ 9770.. dont know will it go down or up from here


  6. tuff money Says:
    April 8th, 2010
    Posted at: 2:18 pm

    5306. magic support for market


  7. $$Ansh$$ Says:
    April 8th, 2010
    Posted at: 2:18 pm

    Hi Kartik, sir'' can i buy sail??
    bcz it seems,,..market will add some points frm here bcz short positions will be sqroff,.n then i think ,..those who are short in sail,,they will also book profit n hence sail can add some points frm here...
    wts ur view on this??


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

    hI kARTIK,
    Whar can be the closing in nifty
    Thanks


  9. Chandrika Says:
    April 8th, 2010
    Posted at: 2:20 pm

    HI Karthik


    What is the target of LITL today. Today it is moving . is there any reason. I bought @56.30. Can i sell or wait for 2 days. Pls suggest


  10. shipra Says:
    April 8th, 2010
    Posted at: 2:20 pm

    KARTIK any share which can be bought ? mclleod irb gmdc bharatforge jp


  11. Anu Says:
    April 8th, 2010
    Posted at: 2:21 pm

    Hi Kartik,

    Could you please give me your expected tgt price of RCOM for MAY future,

    Thanks,


  12. Prashanth Says:
    April 8th, 2010
    Posted at: 2:22 pm

    Hi Kartik can I buy NIFTY CE ?


  13. Kartik Says:
    April 8th, 2010
    Posted at: 2:22 pm

    Hi rashid, hold your call with a tight SL at 5290

    Hi Hema, likely to close negative

    Hi akash, it seems to trading strong, dont go short on it yet

    Hi Ram M, no, wait for some more time

    Hi Raj, if possible hold it for Short term, its a good bet

    Hi sourabh, not sure as of now

    Hi Gitanjali, hold them with a tight SL at 5290 on Nifty (Cash)

    Hi Anurag, it might see some consolidation at current levels for some time

    Hi $$Ansh$$, dont enter yet, wait for some time


  14. madhu Says:
    April 8th, 2010
    Posted at: 2:24 pm

    m holding 5300PUT @ 80... wat is the target?


  15. Gitanjali Says:
    April 8th, 2010
    Posted at: 2:24 pm

    Hi Kartik, OK ..thanks ever so much...for the nifty short the target shall be 5250 ..is it ?


  16. Kartik Says:
    April 8th, 2010
    Posted at: 2:24 pm

    Hi NSE_Trader, around 5310

    Hi shipra, you may enter JP and Bharat Forge for Long term investment at CMP

    Hi Chandrika, if possible hold it for Short term, it can see 65+ levels

    Hi Anu, around 185-190

    Hi Prashanth, no, dont enter it yet

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