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. LEO Says:
    April 8th, 2010
    Posted at: 2:32 pm

    Kartik,

    ok....


  2. Kartik Says:
    April 8th, 2010
    Posted at: 2:33 pm

    Hi Agnihotri, its a weak bet fundametally

    Hi suzane, sorry, if possible hold it for another 1-2 days time

    Hi abhiijith, we might close around 5310

    Hi Gitanjali, yup

    Hi Rajat, wait for some time


  3. Kartik Says:
    April 8th, 2010
    Posted at: 2:35 pm

    Hi Akash, oh, hold it with a tight SL at 386, it can see 393-395 if we see some recovery


  4. Arun Karthik Says:
    April 8th, 2010
    Posted at: 2:35 pm

    Hi CB/Karthik,

    How is Numeric Power? Whether it should be bought in a trading perspective or for long term investment??


  5. shiva Says:
    April 8th, 2010
    Posted at: 2:35 pm

    if we close around 5325, is it strong closing or weak closing??? at what level if we close, we will go further down??


  6. rohit Says:
    April 8th, 2010
    Posted at: 2:36 pm

    thanks kartik.... thank u very much


  7. Kartik Says:
    April 8th, 2010
    Posted at: 2:36 pm

    Hi Arun Karthik, it can be bought for Long term investment around 330 levels


  8. Gitanjali Says:
    April 8th, 2010
    Posted at: 2:37 pm

    Hi Kartik, Thanks !!!


  9. Kartik Says:
    April 8th, 2010
    Posted at: 2:37 pm

    Hi shiva, if we mange to close below 5300, we can see some more downside in the coming days


  10. shiva Says:
    April 8th, 2010
    Posted at: 2:39 pm

    what to do of HBL power bot @ 37?? cmp 37.4


  11. rsk Says:
    April 8th, 2010
    Posted at: 2:40 pm

    Hi CB.. shorted Hindalco 1400 @ 179.50 in intradar.. can i hold or exit? whats target and stoploss?


  12. Akash Says:
    April 8th, 2010
    Posted at: 2:42 pm

    Hi Kartik, It is now just above 86. Shud I exit?


  13. Kartik Says:
    April 8th, 2010
    Posted at: 2:42 pm

    Hi shiva, hold it with a SL at 36.10


  14. ARUP Says:
    April 8th, 2010
    Posted at: 2:43 pm

    HELLO SIR


  15. shrikanth Says:
    April 8th, 2010
    Posted at: 2:44 pm

    Any call, Karthik?


  16. Kartik Says:
    April 8th, 2010
    Posted at: 2:44 pm

    Hi rsk, hold it till tomorrow, it can see 175

    Hi Akash, keep a tight SL at 85

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