Quotes with Resistance & Support
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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. daya Says:
    September 8th, 2010
    Posted at: 3:24 pm

    im holding hcltech @414 wat to do?


  2. Akash Says:
    September 8th, 2010
    Posted at: 3:24 pm

    Hi Kartik, Then it is good to buy MRF for tomorrow.. I may buy 2 MRF. Will it go up by min 500 Rs. tomorrow..


  3. Anu Says:
    September 8th, 2010
    Posted at: 3:25 pm

    Hi Kartik/CB,

    MLL gave today breakout, should i hold for further move.......

    At what level should i exit,

    Kindly advise, TNX


  4. ARIJIT Says:
    September 8th, 2010
    Posted at: 3:25 pm

    Hi Kartik,
    can i buy tide water at 9985 for tomorrow?


  5. AJ Says:
    September 8th, 2010
    Posted at: 3:26 pm

    Should I sell off MAX INDIA...its a crazy stock...has moved past my buying price


  6. Gitanjali Says:
    September 8th, 2010
    Posted at: 3:28 pm

    Hi ARIJIT, please take note .. this was kartiks '
    reply " no, dont enter Tide at CMP"


  7. Kartik Says:
    September 8th, 2010
    Posted at: 3:30 pm

    Hi sudheer, continue holding it for Short term, its likely to do well

    Hi Gitanjali, thanks

    Hi AJ, wait till tomorrow

    Hi Anu, yes, it can see 58 tomorrow

    Hi Akash, dont enter MRF yet

    Hi daya, hold it for some more time

    Hi Prabhat Singh, it can see 300 in the Short run, hold it


  8. Gitanjali Says:
    September 8th, 2010
    Posted at: 3:30 pm

    Oh kartik!! it doesn't end ..here .. there r buyers 3 times more .. is this shrt covering plz ..[in futures] how much further will it rally cd u kindly tell ..


  9. ARIJIT Says:
    September 8th, 2010
    Posted at: 3:31 pm

    Hi Gitanjali,
    oh, thaks a lot dear, i didi,nt noticed that.
    thanks a lot again for timely reply :)


  10. ashok Says:
    September 8th, 2010
    Posted at: 3:32 pm

    u have miss my quire Karitk


  11. Shipra Says:
    September 8th, 2010
    Posted at: 3:32 pm

    hi kartik..what target can bharti airtel fut see tomorrow..?
    also how do mkts look to u now ?
    thnx a lot for all ur help..:)


  12. Kartik Says:
    September 8th, 2010
    Posted at: 3:34 pm

    Hi Gitanjali, Banks saw a rally due to SBI's strong move, its likely to see some profit booking in the coming days, hold it for some time

    Hi Shipra, it can see 355 tomorrow

    Hi ashok, yes, hold it till tomorrow, it can see 69


  13. Kartik Says:
    September 8th, 2010
    Posted at: 3:34 pm

    Hi Akash, its always better to hold stocks for Short term, as Markets are uncertain


  14. Shipra Says:
    September 8th, 2010
    Posted at: 3:35 pm

    ok kartik thnx..:)


  15. kr Says:
    September 8th, 2010
    Posted at: 3:35 pm

    HI KARTIK /CB
    CAN U TELL ME WHETHER LAKSHMIOVERS IS WORTH HOLDING


  16. ashok Says:
    September 8th, 2010
    Posted at: 3:36 pm

    Thank u Kartik... wat abt PPAP? u have given call 2 day before, still it idel?

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