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. Akash Says:
    May 10th, 2010
    Posted at: 2:49 pm

    Hi Kartik, Ok. I am not doing intraday now. Will Talwalkar see 180 tomorrow or 200+ in this week?


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

    Hi Akash, it can see around 175-180 tomorrow


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

    Hi Kartik,

    Whats is the reason behind this strong surge today?


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

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


  5. 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


  6. 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


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

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


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

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


  9. 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?


  10. 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


  11. 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


  12. 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).


  13. 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....


  14. 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?


  15. 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% ....


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

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

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