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. rashid Says:
    April 8th, 2010
    Posted at: 8:39 am

    may i exit my puts at morning as its value can rise


  2. Kartik Says:
    April 8th, 2010
    Posted at: 8:39 am

    Hi BILL_S, around 176.


  3. Kartik Says:
    April 8th, 2010
    Posted at: 8:39 am

    Hi rashid, yes, if get some profits exit for now.


  4. SRI Says:
    April 8th, 2010
    Posted at: 8:40 am

    shall i buy idea for intraday?


  5. tuff money Says:
    April 8th, 2010
    Posted at: 8:40 am

    its trading at 480. I want to short it.. does it make sense to still short if it opens above 475... Sesa goa


  6. Kartik Says:
    April 8th, 2010
    Posted at: 8:40 am

    Hi SRI, yes, in small quantity


  7. rashid Says:
    April 8th, 2010
    Posted at: 8:41 am

    ok. i have 3 lots 5300 put at 56,


  8. Kartik Says:
    April 8th, 2010
    Posted at: 8:41 am

    Hi tuff money, yes, one can short around 480 with sl at 490


  9. Kartik Says:
    April 8th, 2010
    Posted at: 8:41 am

    Hi rashid, ok. lets see how markets open.


  10. kiran Says:
    April 8th, 2010
    Posted at: 8:42 am

    sir wht abt tata steel today? can i short it


  11. Chida Says:
    April 8th, 2010
    Posted at: 8:43 am

    Hi Kartik,

    I BOT Zicom @ 125.
    Why it's not moving much relative to th emarket?
    Any news?
    Pls suggest target for next 3 days?
    Pls advise.


  12. Kartik Says:
    April 8th, 2010
    Posted at: 8:43 am

    Hi kiran, yes, keep sl at 695.


  13. chandu Says:
    April 8th, 2010
    Posted at: 8:43 am

    good morning kartik &all friend


  14. Kartik Says:
    April 8th, 2010
    Posted at: 8:44 am

    Hi Chida, yes, its not doing well. yesterday did see some buying interest. can head upto 112 in 2-3 days.


  15. ilan Says:
    April 8th, 2010
    Posted at: 8:45 am

    wt abt torntpower holding at 321 for 2 months


  16. nb Says:
    April 8th, 2010
    Posted at: 8:45 am

    Hi Kartik, Any stock for short term investment?

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