Quotes with Resistance & Support
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Intraday calls for 10-05-10

Posted on: May 10th, 2010 at 8:22 am

Markets likely to see a gap up opening. Support for nifty is at 5000 and resistance at 5150.

Buy Fortis Healthcare Ltd at 165.30, target: 170. Stoploss: 162
Buy Amtek Auto Ltd at 169.85, target: 175. Stoploss: 166

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653 Responses

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  1. Lata Says:
    May 10th, 2010
    Posted at: 2:51 pm

    kartik, do you think even tomm the mkt will be strong like today......


  2. shiva Says:
    May 10th, 2010
    Posted at: 2:51 pm

    kartik, pls tell me what r resistances for suzlon?? r there multiple resistances between 70 to 75..
    how abt fortis for a week


  3. Kartik Says:
    May 10th, 2010
    Posted at: 2:51 pm

    Hi Arun Karthik, European foreign ministers and EU leaders are voicing optimism that the $1 trillion plan to prevent its debt crisis from undermining the euro and derailing the global economy was working as hoped, this is positive for the Markets worldwide


  4. kavita Says:
    May 10th, 2010
    Posted at: 2:52 pm

    kartik,
    now gvkpower is @43.65.i hv @44 for intraday wait or exit


  5. Kartik Says:
    May 10th, 2010
    Posted at: 2:52 pm

    Hi Lata, depends on how U.S Market closes toomorrow


  6. sr Says:
    May 10th, 2010
    Posted at: 2:52 pm

    Kartik, is it good to sell 1 nifty lot @ CMP?

    Also, Ashok Leyland and Renuka have disaapointed badly today. They have kind of frustrated. No movement at all from opening. Any chances of move tomorrow?


  7. Kartik Says:
    May 10th, 2010
    Posted at: 2:52 pm

    Hi shiva, it face some resistance at 71-72, you may enter Fortis for Short term, it can do well


  8. Kartik Says:
    May 10th, 2010
    Posted at: 2:53 pm

    Hi sr, dont go short on Nifty yet, Ashok Leyland and Renuka shall do well in the coming days, hold them


  9. Akash Says:
    May 10th, 2010
    Posted at: 2:54 pm

    Hi Kartik, Ok. Once book profit at 175-180, can I buy Engineers India below 475? Or buy again Indiabuls (if below 150).


  10. Lata Says:
    May 10th, 2010
    Posted at: 2:54 pm

    kartik, plese lastly tell me shld i hold ril ind then becoz if i hold it i will be charged as per the delivery, hence wanted to know confirm shld i hold it, please do tell me....


  11. sandeep Says:
    May 10th, 2010
    Posted at: 2:54 pm

    karthik................im holding RELINFRA 980 PUT @8 for this series?wat should i do?should i hold it or sell? Any chance of it going towards 1000 rupees?


  12. shiva Says:
    May 10th, 2010
    Posted at: 2:55 pm

    So STRANGE !!! just for that news markets gained almost 5-6% worldwide...now if they cancel the deal , markets will come down by 5% ....


  13. preeti Says:
    May 10th, 2010
    Posted at: 2:56 pm

    Hi Kartik, usha martin near 87.7..shld i exit??


  14. shiva Says:
    May 10th, 2010
    Posted at: 2:56 pm

    shall i book profits in suzlon @ cmp???? pls tell me which stock to buy now....


  15. Arun Karthik Says:
    May 10th, 2010
    Posted at: 2:57 pm

    Thanks Kartik :)


  16. Kartik Says:
    May 10th, 2010
    Posted at: 3:00 pm

    Hi Akash, enter Engineers India

    Hi shiva, hold it till tomorrow

    Hi rashid, we have already reacted to the news, whereas U.S markets haven't

    Hi preeti, hold it till tomorrow

    Hi Lata, yes, its likely to open up tomorrow, exit it on rise tomorrow

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