Quotes with Resistance & Support
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Intraday calls for 09-08-11

Posted on: August 9th, 2011 at 8:23 am

Markets likely to open lower, next support at 4900

If markets show recovery later during the day, buy: Axis bank

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411 Responses

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Comment pages: 141516171819202122Show all

  1. Kartik Says:
    August 9th, 2011
    Posted at: 12:36 pm

    Hi Kb, not much


  2. Kb Says:
    August 9th, 2011
    Posted at: 12:36 pm

    Hi Kartik, hmm. . .


  3. AT Says:
    August 9th, 2011
    Posted at: 12:37 pm

    kartik,
    CAN I ENTER 5000 pe @ cmp???? if not nw, then at what level?


  4. AJ Says:
    August 9th, 2011
    Posted at: 12:37 pm

    Anything to buy now or risky?


  5. SS Says:
    August 9th, 2011
    Posted at: 12:38 pm

    Hi Kartik,
    Time to exit short or hold. Europe 1% green.


  6. Zeyus Says:
    August 9th, 2011
    Posted at: 12:38 pm

    Hi Kartik, Can I short MiniNifty now ?


  7. Kartik Says:
    August 9th, 2011
    Posted at: 12:39 pm

    Hi AT, no, dont enter a pe yet. wait for some time. short covering seen

    Hi AJ, buy some of hdfc bank.


  8. shiva Says:
    August 9th, 2011
    Posted at: 12:39 pm

    shall i exit nelco here? in 50% loss? I dont think it will see 120 in 1-2 years even..better to cover that loss from smwhere else


  9. Kartik Says:
    August 9th, 2011
    Posted at: 12:39 pm

    Hi SS, you may hedge ti with a call for now.

    Hi Zeyus, not yet.


  10. Kartik Says:
    August 9th, 2011
    Posted at: 12:39 pm

    Hi shiva, hold it for med term. fundamentally its a good company


  11. AT Says:
    August 9th, 2011
    Posted at: 12:40 pm

    okay....Thanks Kartik....where is the strong resistance??


  12. Anajli Says:
    August 9th, 2011
    Posted at: 12:40 pm

    Australian stock market comes back in afternoon trading, briefly into positive territory -


  13. Kartik Says:
    August 9th, 2011
    Posted at: 12:41 pm

    Hi AT, most welcome. its higher near 5200


  14. Zeyus Says:
    August 9th, 2011
    Posted at: 12:41 pm

    Hi Kartik, Positionally what nifty says go up or down ?


  15. AT Says:
    August 9th, 2011
    Posted at: 12:42 pm

    kartik,

    If nifty breaks 5150, then can i enter 5200 CE for 15-20 points


  16. Kartik Says:
    August 9th, 2011
    Posted at: 12:42 pm

    Hi Zeyus, could see another 50-60 point bounce after recent fall

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