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

Posted on: September 9th, 2010 at 8:20 am

Markets likely to open flat, Nifty faces support at 5550 and resistance around 5620.

Buy Indiabulls Real estat at 177, target: 182, SL 174

Below 5550 one can enter a 5500 put to hedge longs with sl at 5600.

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820 Responses

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  1. nv Says:
    September 9th, 2010
    Posted at: 8:38 am

    Hi Karthik,

    Is India Bulls Real Estate a technical call, if so what are the indications?


  2. rana Says:
    September 9th, 2010
    Posted at: 8:38 am

    can i buy punjloylld


  3. Kartik Says:
    September 9th, 2010
    Posted at: 8:38 am

    Hi nv, yes, strong support around 174

    Hi alekhya, Good morning


  4. Kartik Says:
    September 9th, 2010
    Posted at: 8:38 am

    Hi rana, wait for some time


  5. Akshay Says:
    September 9th, 2010
    Posted at: 8:38 am

    Hi kartik bhai,good morning.What about indiabulls financial.i have it at 160.any targets for near term.


  6. Kartik Says:
    September 9th, 2010
    Posted at: 8:39 am

    Hi Akshay, GM, hold it for Short term


  7. abhi Says:
    September 9th, 2010
    Posted at: 8:40 am

    kartik...how do syndicate bank fut look to u..as i have heard mkts can fall anytime..so before thhat can syndicate see 123..?i m long at 120..and stuck..what price can it see today


  8. Kartik Says:
    September 9th, 2010
    Posted at: 8:41 am

    Hi abhi, it would be better to keep a SL at 112, it can see 122+ levels if Banks see some more upside


  9. arun bj Says:
    September 9th, 2010
    Posted at: 8:42 am

    hi kartik good morning ...
    i saw the news about Tata Steel .... any impact .. price ...?
    -Tata Steel raises Rs 700 crore via selling stake in group companies
    -Sold 46.64 lakh shares in Tata Motors at Rs 1038.05/share ((Raising Rs 484 crore))
    -Sold 17 lakh shares in Tata Power at Rs 1270/share ((Raising Rs 215 crore))
    -Tata Industries buyer in both deals
    -Alert : Recently promoters pumped around Rs 2000 crore via preferential allotment


  10. Akshay Says:
    September 9th, 2010
    Posted at: 8:43 am

    Yes boss......i will hold.thanks


  11. abhi Says:
    September 9th, 2010
    Posted at: 8:44 am

    ok kartik..but just to be happy if u say..does it look likely to u and by when can it happen..thnx again


  12. LEO Says:
    September 9th, 2010
    Posted at: 8:45 am

    Hi Kartik,

    Exit Lvl of BPCL & BHARTIART .......


  13. rana Says:
    September 9th, 2010
    Posted at: 8:45 am

    sir i have ks oils @51.50 what is the target in few days


  14. sandeep Says:
    September 9th, 2010
    Posted at: 8:45 am

    karthik.............gudmornin..............wats ur view on TATA MOTORS at current price? can we buy it for target of 1100 in the coming 7-10 days?


  15. wise Says:
    September 9th, 2010
    Posted at: 8:46 am

    Hi Karthik, Pls let me know if I can buy the following, if so at what levels?
    Everest Ind
    Fedders Lloyd
    Marson
    Shree Ashta Vinayak
    Noida Tollbridge


  16. Kartik Says:
    September 9th, 2010
    Posted at: 8:47 am

    Hi arun bj, it seems that the stock has already reacted to the news

    Hi rana, it can see 55 in the short run, hold it, keep a SL at 47

    Hi LEO, 765 and 356

    Hi abhi, cant be sure as of now, lets wait to see how Markets open up

    Hi Akshay, most welcome

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