Quotes with Resistance & Support
Market Information

Intraday calls for 08-09-10

Posted on: September 8th, 2010 at 8:23 am

Markets likely to open slightly lower. Support for nifty is at 5550 and resistance at 5630

If markets show recovery later during the day, buy Balrampur Chini

Below 5550 one can enter a 5500 put to hedge longs with sl at 5600.

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777 Responses

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  1. Kartik Says:
    September 8th, 2010
    Posted at: 1:02 pm

    Hi zsagar, hold it with a tight SL at 378

    Hi Nitin, hold it with a SL at 170


  2. balu Says:
    September 8th, 2010
    Posted at: 1:03 pm

    i have 10days back GMR INFRA i have bought 2000at 63 WT SHOUD I DO


  3. Kartik Says:
    September 8th, 2010
    Posted at: 1:03 pm

    Hi Trader, we face strong resistance at 5620 on Nifty as of now, hold it with a SL around 5625-5630


  4. zsagar Says:
    September 8th, 2010
    Posted at: 1:03 pm

    Hi Kartik, I hold BankIndia Fut @ 469 ; what could be the sure target for it today ? Its not at all moving from there , why so ?


  5. Kartik Says:
    September 8th, 2010
    Posted at: 1:03 pm

    Hi balu, hold it for another 1-2 weeks time, its likely to do well


  6. Nitin Says:
    September 8th, 2010
    Posted at: 1:03 pm

    any chances to come 166.5


  7. ARIJIT Says:
    September 8th, 2010
    Posted at: 1:03 pm

    Hi Kartik,
    ok, finpipe holding at 107, now 108.10, shd i exit ?


  8. Dhana Says:
    September 8th, 2010
    Posted at: 1:03 pm

    Hi Karthik,

    I hold Bharti 340 put @ 8.5. What is the target and stoploss?


  9. JAS Says:
    September 8th, 2010
    Posted at: 1:04 pm

    HI KARTHIK WHERE IS THE MARKET HEADING UPTO. I HAVE SHORT POSITIOS ON NIFTY BREAK EVEN 5600 LEVELS. WHAT MAXIMUM TARGET DO U SEE


  10. balu Says:
    September 8th, 2010
    Posted at: 1:05 pm

    TODAY STER NEXT TARGET


  11. AJ Says:
    September 8th, 2010
    Posted at: 1:05 pm

    CB,
    Should I avg BALMER LAWRIE?


  12. Nall's Says:
    September 8th, 2010
    Posted at: 1:07 pm

    Nifty short showing ten points gain 5622 to 5612 Enjoy..
    in 2 minuts only..


  13. nv Says:
    September 8th, 2010
    Posted at: 1:07 pm

    Hi Karthik, Can we sell Nifty 5700 Call at 31?


  14. Kartik Says:
    September 8th, 2010
    Posted at: 1:08 pm

    Hi zsagar, it could see 473 today if Markets manage to cross 5625

    Hi ARIJIT, hold it for some more time

    Hi balu, around 169

    Hi AJ, no

    Hi Dhana, it looks strong above 346, hold it with a tight SL at 348


  15. ashok khiara Says:
    September 8th, 2010
    Posted at: 1:09 pm

    Piramal Healthcare rises on completion of unit sale


  16. Kartik Says:
    September 8th, 2010
    Posted at: 1:09 pm

    Hi nv, no, dont go short yet

    Hi JAS, as of now we face strong resistance at 5625-5630, above which we could see some more upside

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