Quotes with Resistance & Support
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Intraday calls for 08-04-13

Posted on: April 8th, 2013 at 8:24 am

Markets likely to open flat, support for Nifty at 5510, resistance at 5620

Buy SBIN around 2052, target: 2075, SL 2030 (strong support at 2035) – (SL triggered in SBI)

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249 Responses

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  1. micky-intraday Says:
    April 8th, 2013
    Posted at: 8:27 am

    good morning all :)


  2. Karan Sharma Says:
    April 8th, 2013
    Posted at: 8:27 am

    Hi,

    Can i sell NTPC (Futures) @ CMP?


  3. sandeep Says:
    April 8th, 2013
    Posted at: 8:30 am

    karthik/cb.........gudmornin.........wats ur view on ULTRATECH for current series? I'm holding its 1650 PUT @15 and now its trading @10.5. wat should i do? should i hold it or book loss? Can it see levels close to 1700 in current series? plz give stoploss
    plz reply


  4. Kartik Says:
    April 8th, 2013
    Posted at: 8:35 am

    Hi micky-intraday, Good morning

    Hi Karan Sharma, go short if it breaks 140 (strong support)

    Hi sandeep, it looks weak overall, seems to have seen some short covering on Friday, hold it for a few more days with a SL at 1780 (cash), its likely to see some more downside ahead


  5. AJ Says:
    April 8th, 2013
    Posted at: 8:37 am

    IGL from here??


  6. Kartik Says:
    April 8th, 2013
    Posted at: 8:37 am

    Hi AJ, support at 290, if it sustains above 290 for a coupel of days, it can do well in the SHort term


  7. ganeh Says:
    April 8th, 2013
    Posted at: 8:40 am

    Hi Kartik, what about SRTRANSFIN, can i buy for intraday above 692


  8. Kartik Says:
    April 8th, 2013
    Posted at: 8:41 am

    Hi ganeh, its been trading in narroaw range for the past few days, wait for a breakout above 720


  9. Vinit Says:
    April 8th, 2013
    Posted at: 8:41 am

    gdmrng Kartik Sir, can i go short on ambuja cements and BoB?? for today


  10. Kartik Says:
    April 8th, 2013
    Posted at: 8:42 am

    Hi Vinit, BOB can be shorted, as below 660 it looks weak

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