Quotes with Resistance & Support
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Intraday calls for 10-06-10

Posted on: June 10th, 2010 at 8:23 am

Markets likely to see a flat opening. Support for nifty is at 4970 and resistance at 5060.

On Intraday diips buy Strides Arcolab Ltd with stoploss at 355 and Shree Ashtavinayak Cine Vision Ltd with stoploss at 11.70

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592 Responses

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  1. animesh Says:
    June 10th, 2010
    Posted at: 12:50 pm

    Hi MAhesh,

    Wat abt HSIL...they are planning fr buyout in europe?

    Regds


  2. prateek Says:
    June 10th, 2010
    Posted at: 12:51 pm

    sir what about yes bank its not moving up as market is up but still its not moving...should i hold this for tomorow...i hav one lot at 291..


  3. Kartik Says:
    June 10th, 2010
    Posted at: 12:51 pm

    sorry guys, just came online


  4. Kartik Says:
    June 10th, 2010
    Posted at: 12:52 pm

    Hi Rohit, you may go short below 4980 on NIfty

    Hi stalin, seems we might see some downside


  5. Kartik Says:
    June 10th, 2010
    Posted at: 12:53 pm

    Hi prateek, hold it for some more time, it can do well


  6. WINNER Says:
    June 10th, 2010
    Posted at: 12:53 pm

    AGAIN SAME DAY AFTER GOING 100++ NOW GOING FOR -100


  7. Lata Says:
    June 10th, 2010
    Posted at: 12:54 pm

    hi kartik, please can you guide me regarding bajaj holdings, i bot it on 737 and now it is too down, why so… its expected target was 760 for today….any specific reason for its decline…


  8. Lata Says:
    June 10th, 2010
    Posted at: 12:55 pm

    i have bot it on margins i can hold for 2-3 days, do you think it will bounce bk.... wht is the reason for its decline today....now on 710


  9. AT Says:
    June 10th, 2010
    Posted at: 12:56 pm

    Hi Kartik,

    Can i buy PE 5000 @ cmp? as europe opens in red


  10. Kartik Says:
    June 10th, 2010
    Posted at: 12:58 pm

    Hi Lata, no news on it yet, it seems to face some profit booking after tomorrow's rise, hold it for another 1-2 day stime


  11. Kartik Says:
    June 10th, 2010
    Posted at: 12:58 pm

    Hi AT, enter below 4980 on Nifty


  12. manoj Says:
    June 10th, 2010
    Posted at: 12:59 pm

    HI KARTIK,
    I have shoted NAGARJUNA CONSTRUCTION @184 .what will be safe target to exit


  13. animesh Says:
    June 10th, 2010
    Posted at: 1:00 pm

    Hi Kartik,

    Any news abt cairn india?...I purchased a lot at @3.35...n now the m,arket price is 1.40...

    Regds


  14. Lata Says:
    June 10th, 2010
    Posted at: 1:02 pm

    ya kartik, i will do so....you mean to say people are selling this script to earn their profits, then why at lower price....i am sorry unable to get it properly.... if script goes down it means people are booking their profits...how come


  15. Kartik Says:
    June 10th, 2010
    Posted at: 1:02 pm

    Hi manoj, book profits around 190

    Hi animesh, it shall do well once the Fuel prices have been increased(next week) hold it for some more time


  16. DS Says:
    June 10th, 2010
    Posted at: 1:03 pm

    Hi Kartik,

    Could you pls advise strategy for Mphasis and Sterlite and advise how they are looking?I have shorted the former at 555 and gone long on the latter at 630.

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