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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  1. Imran khan Says:
    August 9th, 2011
    Posted at: 8:59 am

    Thanks Karthik,

    which stock can be brought for intraday?


  2. Kartik Says:
    August 9th, 2011
    Posted at: 9:00 am

    Hi sheeja, you can try using different combinations of moving avgs, most effective are 28, 50 minute

    Hi Imran khan, Axis can be entered

    Hi suresh, might take a while to recover, if possible hold it for Mid term (5-6 months)


  3. Yash Says:
    August 9th, 2011
    Posted at: 9:01 am

    Hi Karthik,

    Can I Buy Aug 5100 PE for this week..??


  4. Zeyus Says:
    August 9th, 2011
    Posted at: 9:01 am

    Hi Kartik, holding short in mininifty , so where to book it . Please tell me a right price to put order !


  5. Kartik Says:
    August 9th, 2011
    Posted at: 9:02 am

    Hi Zeyus, place around 4950

    Hi Yash, no, dont enter PE's for now


  6. Imran khan Says:
    August 9th, 2011
    Posted at: 9:03 am

    thanks karthik


  7. Zeyus Says:
    August 9th, 2011
    Posted at: 9:03 am

    Hi Kartik, Yea sure !


  8. thavva Says:
    August 9th, 2011
    Posted at: 9:03 am

    Hi Kartik, Ok, shall i clear my put after opening?


  9. sheeja Says:
    August 9th, 2011
    Posted at: 9:04 am

    Yesterday I asked about Shorted BGR and Asked a level to cover it.. You said to cover @ 340. Can I cover there?? Or you see more down side now?
    Where is the support now for BGR? Its falling like water wall!!!


  10. Sravs Says:
    August 9th, 2011
    Posted at: 9:04 am

    Hi Kartik

    GM. Shd i exit nifty put at opening.
    Thanks.

    -Sravs


  11. Yash Says:
    August 9th, 2011
    Posted at: 9:04 am

    sry I meant Aug 5100 CE..??


  12. deva Says:
    August 9th, 2011
    Posted at: 9:04 am

    Hi Kartik, lovable, suntv, spanco which one for intraday


  13. Kartik Says:
    August 9th, 2011
    Posted at: 9:06 am

    Hi sheeja, once below 340, you may hold it with a trialing SL at 342

    Hi thavva, Yes, would be safe to exit

    Hi Yash, can be entered with a SL at 4900

    Hi deva, avoid them, can see profit booking

    Hi Sravs, Yes, would be safe to exit

    Hi Zeyus, most welcome


  14. dhiva Says:
    August 9th, 2011
    Posted at: 9:06 am

    hi kartik/cb,
    shall i buy nifty hedging as 4800 put & 5000call? pls suggest..........


  15. Kartik Says:
    August 9th, 2011
    Posted at: 9:06 am

    Hi dhiva, no, not for now


  16. AJ Says:
    August 9th, 2011
    Posted at: 9:06 am

    Can i enter CAN BK @ opening?

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