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. Kartik Says:
    April 8th, 2010
    Posted at: 3:23 pm

    Hi ARIJIT DAS, great! most welcome.


  2. sunil Says:
    April 8th, 2010
    Posted at: 3:24 pm

    cb how does tata communication looking technically im holding futures in it should hold or exit


  3. Ravi Says:
    April 8th, 2010
    Posted at: 3:25 pm

    Thanks Kartik, But if I hold 5300 put till tomorrow will it be able to reach 100


  4. bhuvaneswari Says:
    April 8th, 2010
    Posted at: 3:26 pm

    Hi Kartik
    Any BTST call?


  5. LP Says:
    April 8th, 2010
    Posted at: 3:26 pm

    Hi Kartik,

    can I go long welspunguj?


  6. dak Says:
    April 8th, 2010
    Posted at: 3:26 pm

    Kartik - should I square off 5300 put or shoudl I hold till tomorrow ?


  7. Gitanjali Says:
    April 8th, 2010
    Posted at: 3:27 pm

    Hi Kartik, whew!!!!!! that call of sail...all would have sailed away pockets full !!! to day ..cmp 236.5.....
    Hi preeti...don't read this ...!!!


  8. Kartik Says:
    April 8th, 2010
    Posted at: 3:28 pm

    Hi sunil, its looking weak. if in small profits, exit it

    Hi Ravi, yes, it should..

    Hi bhuvaneswari, no..

    Hi LP, no, not yet


  9. Hema Says:
    April 8th, 2010
    Posted at: 3:28 pm

    Tomorrow market will open + or -


  10. Akash Says:
    April 8th, 2010
    Posted at: 3:28 pm

    Hi Kartik, I saw Sesa Goa whn it was splited and trading around 100. UIt reached 500 level so fast. I should have bought this at that time. Pure 500% profit in few months.. Can we still buy this if it can see 4000+ level again in 1 year?


  11. Shanthi Says:
    April 8th, 2010
    Posted at: 3:29 pm

    Hi Kartik, thanks kartik


  12. Kartik Says:
    April 8th, 2010
    Posted at: 3:29 pm

    Hi ARIJIT DAS, lets wait till tomorrow.

    Hi dak, if holding more than 1 then book partial , else hold

    Hi Gitanjali, :)

    Hi Hema, may open slightly lower.


  13. akhil Says:
    April 8th, 2010
    Posted at: 3:30 pm

    hi,
    Should i close IFCI futs trade at 53.7 or carry it overnight?


  14. ARIJIT DAS Says:
    April 8th, 2010
    Posted at: 3:30 pm

    Hi Kartik,
    YES BOSS, THANX A LOT............


  15. Kartik Says:
    April 8th, 2010
    Posted at: 3:31 pm

    Hi Akash, no, not sure..

    Hi Shanthi, most welcome..

    Hi akhil, yes, hold it.

    Hi ARIJIT DAS, most welcome.


  16. amit Says:
    April 8th, 2010
    Posted at: 3:32 pm

    whats wromg with nifty,,,,,,,,any news

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