Quotes with Resistance & Support
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Intraday calls for 08-07-13

Posted on: July 8th, 2013 at 8:28 am

Markets likely to open slightly lower. Support for nifty is at 5830 and resistance at 5910.

If markets show recovery later during the day, buy: Shree Renuka Sugars – (Book profit in Renuka sugars at 17.25)

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206 Responses

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  1. Kartik Says:
    July 8th, 2013
    Posted at: 7:59 pm

    Hi Mohankumar, lets wait to see how Dow reacts tonight

    Hi Dathha, cvrprakash , it does look strong overall, but seems can see some profit booking ahead, avoid making fresh entries in it at current levels as it can see some profit booking ahead


  2. MARIE Says:
    July 8th, 2013
    Posted at: 8:11 pm

    hi g,today bought 2lots 6000ce at 24 what u opinien g


  3. cvrprakash Says:
    July 8th, 2013
    Posted at: 8:40 pm

    Dear Kartik,

    Can I add IRB Infra as top prefered stock in infra?
    I think it can give +20% return in one year. Pls suggest.

    Anything else you prefer also, pls suggest. Thanks.


  4. SaiPalanivel Says:
    July 8th, 2013
    Posted at: 9:24 pm

    HI KARTIK SIR,GOOD EVENING.


  5. RC Says:
    July 8th, 2013
    Posted at: 9:26 pm

    Hi CB/Kartik..FII data suggesting more downside in coming days?


  6. WELL PLAN Says:
    July 8th, 2013
    Posted at: 9:42 pm

    HI KARTIK GE,

    MARKET POSSIBLE TOMORROW TREND DECIDER 5870 & 5770

    HIGHER SIDE RESISTANCE 5855 . DON'T BUY ON HIGHER SIDE .


  7. Kartik Says:
    July 8th, 2013
    Posted at: 9:53 pm

    Hi MARIE, hold them with a SL at 5780, Markets look uncertain for now

    Hi cvrprakash, it seems to be in a downtrend, below 95, avoid fresh entries in it yet, wait for some time

    Hi RC, for now we face strong support at 5780, if broken can see lower levels ahead


  8. Kartik Says:
    July 8th, 2013
    Posted at: 9:53 pm

    Hi SaiPalanivel, Good evening


  9. PKP Says:
    July 8th, 2013
    Posted at: 10:31 pm

    Rupee is a big concern now, how to control...
    Rupee @60.60, rupee Shuld gain
    Though SGX nifty is up by 7 pts or US Dow is positive but NASDAQ is moving slow
    Tomorrow will c the trend where nifty wil b going either below 5780 or may b at 5830
    Maruti will b in focus for short term, b coz it has sustain 200 contract employee

    All the best to all


  10. WELL PLAN Says:
    July 8th, 2013
    Posted at: 10:36 pm

    HI KARTIK GE,

    POSSIBLE RUPEES TOUCH TO 62.5 TO 63.5 WITH IN 15 DAY

    AS PER RUPEES CHART


  11. Prince Mayank Says:
    July 8th, 2013
    Posted at: 11:14 pm

    Hi Kartik, i am unable to see world indices


  12. GSP25 Says:
    July 8th, 2013
    Posted at: 11:14 pm

    Kartik Sir,
    Pl. tell your view about ranbaxy I Brought 360 Call @13.50 & Reliance Infra 380 Call @14.80. Pl. give stop loss & Target.


  13. Kartik Says:
    July 8th, 2013
    Posted at: 11:19 pm

    Hi WELL PLAN, GE, not likely, it may take a pause around 60.50 lvls before moving higher

    Hi Prince Mayank, yes, have been facing some issue with those, shall be resovled soon

    Hi GSP25, hold them with a SL at 5780 on Nifty (Support for Nifty, would advice to book from them on rise as Markets look uncertain)


  14. aniky Says:
    July 9th, 2013
    Posted at: 4:13 pm

    Hi Karthik & CB,

    thnx for your advise on escorts exited at 80 .was stuck in it from a long time .

    thnx a lot ,u give guyz r doin gr8 job .


  15. CB Says:
    July 9th, 2013
    Posted at: 5:09 pm

    Hi aniky, nice to hear that. you are always welcome.

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