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. Mahesh Says:
    April 8th, 2010
    Posted at: 3:08 pm

    Hi Kartik,

    GA :)

    Can i enter SAIL and Welspun Gujarat at CMP.

    Please advice.

    Thanks in advance.


  2. Kartik Says:
    April 8th, 2010
    Posted at: 3:09 pm

    Hi rk, would advice to exit. nifty is closing below support levels

    Hi Gitanjali, they are a hold

    Hi Pavan, around 65

    Hi dak, not sure of excersise.. square off is selling your position

    Hi Akela, no, wait for some dip to enter it

    Hi Sabu, dont enter now. enter lower around 225

    Hi Ravi, book profit for now

    Hi uniyal, hold it. can see 60.


  3. Kartik Says:
    April 8th, 2010
    Posted at: 3:10 pm

    Hi amit, yes

    Hi dilip, yes, hold it for some more time. will bounce back

    Hi qwert, may open slightly lower it seems

    Hi Akash, hmm

    Hi Mahesh, no, wait for some more time to enter them


  4. Kartik Says:
    April 8th, 2010
    Posted at: 3:12 pm

    Hi Akash, sad to hear that..


  5. Gitanjali Says:
    April 8th, 2010
    Posted at: 3:12 pm

    Hi Kartik, OK ...Thanks ...u r right ..the midcaps r holding on...Thanks again..


  6. Kartik Says:
    April 8th, 2010
    Posted at: 3:12 pm

    Hi Akash, dont enter jublient food now. can correct anytime.


  7. ANIL SAH Says:
    April 8th, 2010
    Posted at: 3:13 pm

    HI KARTIK,I M BUY UNITEC 80 CALL @ 1.5.SO I M HOLD / EXIT


  8. sankar Says:
    April 8th, 2010
    Posted at: 3:13 pm

    HI KARTIK
    I HAVE DEN NETWORK 200 @207 CAN I HOLD IT OR BOOK LOSS?


  9. amit Says:
    April 8th, 2010
    Posted at: 3:13 pm

    i have 3 lots 5400 call at 60.now its 44,may i book loss


  10. Mahesh Says:
    April 8th, 2010
    Posted at: 3:14 pm

    Thanks Kartik... :)

    How about entering Airtel now?


  11. akash Says:
    April 8th, 2010
    Posted at: 3:14 pm

    kartik..............can we short SAIL at current price as govt indicated abt huge discount in the coming follow on offer


  12. Kartik Says:
    April 8th, 2010
    Posted at: 3:14 pm

    Hi Gitanjali, most welcome

    Hi ANIL SAH, hold it til tomorrow.


  13. Kb Says:
    April 8th, 2010
    Posted at: 3:14 pm

    Hi Bull,

    hi bull. . this may help you. .

    http://www.sebi.gov.in/Complaint10.jsp

    http://investor.sebi.gov.in/complaints%20form/lodge%20index.htm

    http://www.watchoutinvestors.com/


  14. Shanthi Says:
    April 8th, 2010
    Posted at: 3:14 pm

    Hi Kartik, any BTST call ?


  15. raj Says:
    April 8th, 2010
    Posted at: 3:15 pm

    Hi Karthik, can i buy JBF at cmp?


  16. Kartik Says:
    April 8th, 2010
    Posted at: 3:15 pm

    Hi aba, can you please hold for 1-2 days?

    Hi Shanthi, no..

    Hi raj, no, not yet

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