Quotes with Resistance & Support
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Intraday calls for 09-04-10

Posted on: April 9th, 2010 at 8:27 am

Markets likely to see a flat opening. Support for nifty is at 5250 and resistance at 5330

If markets show weakness later during the day, sell: BHEL (10.20am – Short at cmp 2555, strict sl 2565)

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757 Responses

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  1. sri Says:
    April 9th, 2010
    Posted at: 12:48 pm

    can I short Tata Steel?


  2. Anurag Says:
    April 9th, 2010
    Posted at: 12:48 pm

    Hi Karthik.. How do you see a NIFTY from here.. up or down


  3. jeetu Says:
    April 9th, 2010
    Posted at: 12:49 pm

    hi kartik holding punj llyod @ 186 , can it come 195 end of april ?


  4. Kartik Says:
    April 9th, 2010
    Posted at: 12:50 pm

    Hi Prashanth, lets wait for some time

    Hi Chandrika, hold it. above 84 will do well

    Hi shiva, not sure about it

    Hi smb, hold it for now. keep sl at 5350

    Hi ARIJIT DAS, yes, hold it. should bounce soon. it does not usually move with the markets.

    Hi Gitanjali, ok..


  5. Kartik Says:
    April 9th, 2010
    Posted at: 12:51 pm

    Hi ONKAR, should see 2530. markets are not really giving up gains yet

    Hi sri, not yet

    Hi Anurag, some selling pressure is likely around 5380-5400

    Hi jeetu, yes, if possible avg it on dips.


  6. Chandrika Says:
    April 9th, 2010
    Posted at: 12:51 pm

    Hi Karthik

    Can I sell litl now or wait for some more time . PLs suggest


  7. Ravi Says:
    April 9th, 2010
    Posted at: 12:51 pm

    Hi Kartik, 5300 put has come down to 50. Plz suggest. Buying is at 93


  8. shiva Says:
    April 9th, 2010
    Posted at: 12:51 pm

    katik...BGIL @ 18.45....it has come back to price after 6 months...what shd i do?? its on UC now


  9. Kartik Says:
    April 9th, 2010
    Posted at: 12:52 pm

    Hi Chandrika, wait for some time.

    Hi Ravi, hold it. we may have to avg around 5400.


  10. sourabh Says:
    April 9th, 2010
    Posted at: 12:52 pm

    I have sell nifty 5318… What to do.


  11. Kartik Says:
    April 9th, 2010
    Posted at: 12:53 pm

    Hi shiva, yes, hold it

    Hi sourabh, hold it if possible avg around 5400


  12. Gitanjali Says:
    April 9th, 2010
    Posted at: 12:53 pm

    Hi Kartik, If not RCOM ..Shall I short one more lot of nifty ..shall I pl?


  13. Kartik Says:
    April 9th, 2010
    Posted at: 12:53 pm

    Hi Gitanjali, wait for some signs of profit bookin to come in. as of now its going strong.


  14. Gitanjali Says:
    April 9th, 2010
    Posted at: 12:54 pm

    Hi Kartik, Also May I have the target to exit ..both.... Rcom april fuutres' and nifty pl?


  15. LEO Says:
    April 9th, 2010
    Posted at: 12:54 pm

    Kartik ..

    Can i close my Long in Nifty and call option in nifty @ this levels...


  16. Shanthi Says:
    April 9th, 2010
    Posted at: 12:54 pm

    Hi Kartik, CAIRN now is 313.50, can i buy for this for intra day ? what is the target today ?

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