Quotes with Resistance & Support
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Intraday calls for 09-12-10

Posted on: December 9th, 2010 at 8:33 am

Markets likely to open flat

Buy ICICI Bank at 1105, Target: 1120-1125, SL 1088 – (book profits at 1120)

11.07am – buy dlf 300 call at 8.75 target: 12. Stoploss 280 – (continue to hold it till tomorrow)

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645 Responses

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  1. deepak Says:
    December 9th, 2010
    Posted at: 10:18 pm

    Sir, If today US market close in RED then will tomorrrow indian market fall down again ?


  2. Siddhu Says:
    December 9th, 2010
    Posted at: 10:23 pm

    Hi,

    Mkts witness freefall: Experts fear further downside

    http://www.moneycontrol.com/news/market-outlook/mkts-witness-freefall-experts-fear-further-downside_504312.html


  3. Siddhu Says:
    December 9th, 2010
    Posted at: 10:26 pm

    Shall we sell all BANKs cash holdings ?

    CB,Karthik
    Please advice some stocks like "smartlinks" with low PE and high Dividend yield.

    thanks.

    Good night


  4. hitesh Says:
    December 9th, 2010
    Posted at: 10:26 pm

    hi kartik whr can be short term 1 -2 year good bet can i go with delta corp as rakesh jhunjunwala having some stake in the company


  5. aman Says:
    December 9th, 2010
    Posted at: 10:29 pm

    CB and kartik ...what max downside for mrpl......where can it take a u turn..i think 65 66.....what do u say


  6. Kartik Says:
    December 9th, 2010
    Posted at: 10:41 pm

    Hi AT, most welcome

    Hi SAGAR, no, dont enter it yet, wait for some time

    Hi raman, it looks weak below 160, exit it on any rise tomorrow

    Hi bj arun, it faces strong support at 120, can give a bounce tomorrow, keep a SL at 120 and hold it

    Hi hitesh, there has been some news of insider trading in it, avoid it as of now, enter it on dips

    Hi Siddhu, dont enter Banks yet, Balmer is a good Dividend paying company

    Hi deepak, we are likely to see some recovery tomorrow


  7. hitesh Says:
    December 9th, 2010
    Posted at: 10:42 pm

    can u reccomend any other multibagger other than this how will be avon corp


  8. hitesh Says:
    December 9th, 2010
    Posted at: 10:44 pm

    and other than this is rajesh export is good to enrer and how the charts are suggesting and of JBF industries too


  9. Kartik Says:
    December 9th, 2010
    Posted at: 11:00 pm

    Hi hitesh, avoid Rajesh, it looks expensive, JBF Industries Ltd can be entered on dips for short/Mid term, yes, Avon too is a good bet for Long term at CMP


  10. LEARNER Says:
    December 9th, 2010
    Posted at: 11:06 pm

    kartik sir how is escort is looking can we enter into it


  11. bj arun Says:
    December 9th, 2010
    Posted at: 11:31 pm

    hi kartik .. how ll be the trend in coming days .. i think god only saved me from ruchi infrastructure .. last week i exited with minimum loss bought at 42 level and sold 32 level ... this week that ruchi group stocks under scanner from sebi .... within 4 days came 20 level today down 13 %


  12. Kartik Says:
    December 9th, 2010
    Posted at: 11:35 pm

    Hi LEARNER, it looks weak, wait for som etime

    Hi bj arun, yes, Markets can see a small bounce tomorrow


  13. sriram Says:
    December 9th, 2010
    Posted at: 11:40 pm

    hi karthik...i bought idfc @ 215...in loss...can i avg...will market bounce back in a weeks time...will the market find bottom near 5600??


  14. arun bj Says:
    December 9th, 2010
    Posted at: 11:44 pm

    hi kartik . . What is the buying price of sun pharma . . For 4 month period


  15. abhishek Says:
    December 9th, 2010
    Posted at: 11:55 pm

    Hi All,

    Where I get tp see the live Nifty chart streaming on this site?


  16. Kartik Says:
    December 10th, 2010
    Posted at: 12:05 am

    Hi arun bj, enter it around 420

    Hi abhishek, you can get it on Chartink.com

    Hi sriram, hold IDFC for Short term, Markets might take some time to recover, have been seeing some selling pressure lately

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