Quotes with Resistance & Support
Market Information

Intraday calls for 09-05-13

Posted on: May 9th, 2013 at 8:26 am

Markets likely to open flat. Resistance for nifty is at 6100 and support at 6010

Buy Educomp solutions at 73, target: 76.50. Stoploss: 70.50 – (Exit from Educomp at 74.50)

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243 Responses

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  1. jk Says:
    May 9th, 2013
    Posted at: 8:29 pm

    thank you sir


  2. anil Says:
    May 9th, 2013
    Posted at: 8:33 pm

    hi kartik , what about axis bank


  3. Kartik Says:
    May 9th, 2013
    Posted at: 8:43 pm

    Hi jk, most welcome

    Hi anil, faces strong support at 1430-1450, seems can give a small bounce from its support in 2-3 days time


  4. amit Says:
    May 9th, 2013
    Posted at: 8:46 pm

    sir
    can i buy Allahabad Bank PE 120.
    what is the stop loss mainten.


  5. PK Says:
    May 9th, 2013
    Posted at: 9:12 pm

    Hiee sir GE,
    Sir pls suggest on nifty for tomorrow
    Holding 6000 pe only 1 lot


  6. anwar Says:
    May 9th, 2013
    Posted at: 10:11 pm

    Dear CB,

    Can I sell Pidilite Ind. I have it @ profit


  7. Shiju Says:
    May 9th, 2013
    Posted at: 10:25 pm

    Hi Karthik, Time to short Jubilant Foodworks?


  8. Kartik Says:
    May 9th, 2013
    Posted at: 10:32 pm

    Hi amit, Yes, keep a SL at 128 (cash)

    Hi PK, seems may trade flat tomorrow, hold your CE wit ha SL at 5990 for a few moer days

    Hi anwar, seems to have given a breakout above 275, keep a trailing SL at 275 and continue to hold it for few more days

    Hi Shiju, avoid it, its posted its results and is likely to be volatile for the next few days


  9. Ravi Says:
    May 9th, 2013
    Posted at: 11:20 pm

    hi kartik, holding sintex industries @ 52.25 kindly sugest lvl to exit


  10. Kartik Says:
    May 10th, 2013
    Posted at: 12:13 am

    Hi Ravi, hold it with a SL at 50 for a target of 55-56 in 3-4 days time, its likely to give a bounce from its suport of 50


  11. Midhun Says:
    May 10th, 2013
    Posted at: 12:37 am

    Any idea on the market expectation on the March IIP data.. Will this have a huge effect on the market ? The trend seems to be upwards


  12. AR Says:
    May 10th, 2013
    Posted at: 12:57 am

    Hi Midhun, market expecting IIP to be somewhere around 2-2.5


  13. AR Says:
    May 10th, 2013
    Posted at: 12:58 am

    Hi Kartik, holding puts in huge loss. book loss or wait for sometime???
    Thanks


  14. Sohan Says:
    May 10th, 2013
    Posted at: 1:45 am

    Hello CB,

    Did you see the Forex war today on USD pairs.

    The US jobless claims is the trigger.

    Sohan


  15. Kartik Says:
    May 10th, 2013
    Posted at: 7:49 am

    Hi Midhun, Yes, the numbers are likely to be good

    Hi AR, script?

    Hi Sohan, Yes, seems to be recovering

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