Quotes with Resistance & Support
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Intraday calls for 10-05-11

Posted on: May 10th, 2011 at 8:26 am

Markets likely to open flat, resistance for Nifty at 5620, support 5490

Buy Hindustan Zinc at 135, Target: 141, SL 131

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460 Responses

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  1. Prabhu Says:
    May 10th, 2011
    Posted at: 5:24 pm

    Ok so there is still hope of recovering - so shud i leave them for 2-3 years?


  2. setul Says:
    May 10th, 2011
    Posted at: 5:26 pm

    i have ranbaxy 480 call, hindalco 220 call and bpcl 700 call what should i do hold or exit


  3. shiva Says:
    May 10th, 2011
    Posted at: 5:27 pm

    target for UBL and SKS tomorrow?


  4. thavva Says:
    May 10th, 2011
    Posted at: 5:42 pm

    Hi CB, UK markets trading quite higher and seems US also open higher. we may see nifty tomorrow above 5600?


  5. dhiva Says:
    May 10th, 2011
    Posted at: 7:11 pm

    hi cb/kartik,
    i bought 5600CE @ 75? tgt & suggestion pls.........


  6. Kartik Says:
    May 10th, 2011
    Posted at: 7:15 pm

    Hi ajay, could give another bounce of 3-4%, but looks weak overall, dont make fresh entries in it yet

    Hi wajeed, hold it, might come out with good results, they are also planning on giving dividend

    Hi dhiva, no, below 965 it looks weak

    Hi Gitanjali, dont go long on Unitech yet, they look weak overall, Idea can be bought above 66.50 (strong resistance at 66)

    Hi suzane, JubFood had already rallied from 700 to 780 levels in the last 1-2 days and saw profit booking today, hold it with a SL at 730, Delta can add another 2-3% in 1-2 days, book profits in on rise, keep a Sl at 5490 for your CE

    Hi Prabhu, yes, continue to hold them

    Hi shiva, can add 1-2%

    Hi thavva, more depends on how Asian ques react tomorrow

    Hi setul, hold with a SL at 5490


  7. Kartik Says:
    May 10th, 2011
    Posted at: 7:15 pm

    Hi dhiva, hold it with a SL at 5490 on nifty


  8. Kb Says:
    May 10th, 2011
    Posted at: 7:23 pm

    Hi Gitanjali, Thanks. .. :) :) :) hmm. .. me & rank :P . .. wil try to join any one having only 1 seat .. :D


  9. ajay Says:
    May 10th, 2011
    Posted at: 7:31 pm

    hi Kartik,

    thanks a lot on your views about sks micro finance. how about your views on ADSL and nifty.

    Regards.
    Ajay


  10. Kartik Says:
    May 10th, 2011
    Posted at: 8:00 pm

    Hi ajay, SKS and ADSL look weak, dont enter them yet, Nifty faces strong resistance at 5620 above which we can do well

    Hi Kb, GE


  11. Subhag Ghosh Says:
    May 10th, 2011
    Posted at: 8:03 pm

    Market Review for 11th May 2011


    Nifty (5541) we said ‘and now dips until 5500 can be bought as the market is still sideways’ the market opened with a bear gap and gave trading opportunity on the long side but finally closed flat as the market is typically in sideways zone...I would be cautious in the market as I am not very comfortable with the unfolding structure…



    The support for the Nifty is at 5500-5402 and resistance at 5623-5635



    BSE Sensex: (18513) the crucial support on the Sensex on the downside is 18250-18032 and resistance at 18748

    SG


  12. Subhag Ghosh Says:
    May 10th, 2011
    Posted at: 8:06 pm

    Do any body has information when JP Associate is declaring its Q financial Result.


  13. palanivel Says:
    May 10th, 2011
    Posted at: 8:12 pm

    HI KARTIK SIR,GE,TATASTEEL GOING WEAK LEVEL CONTINUE.ITS RECOVER COMING FEW DAYS KARTIK SIR.TOMORROW NIFTY LEVEL PLEASE.


  14. K K Says:
    May 10th, 2011
    Posted at: 8:13 pm

    Hi Kartik,
    Is the meeting with Petro minister postponed?
    When this news came out ? At what time ?
    What is the market trend tomorrow ?


  15. chezhigng Says:
    May 10th, 2011
    Posted at: 8:16 pm

    Hi CB, last weak i bought amtek auto at 350 @ 170 but it goes too down now. tell me can i hold or sell.


  16. Kartik Says:
    May 10th, 2011
    Posted at: 8:20 pm

    Hi Subhag Ghosh, Ge, its on 14 May 2011

    Hi palanivel, Tata steel faces strong support at 580, keep a SL at 580 if long, Markets can see a 20-30pts recovery tomorrow

    Hi K K, its on 17th May

    Hi chezhigng, hold it with a SL at 145, had rallied quite a lot lately and is seeing some profit booking

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