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

Posted on: December 10th, 2010 at 8:27 am

Markets likely to open slightly lower. Support for nifty is at 5730.

Buy Mahindra & Mahindra ltd on dips near 750-755 with stoploss of 740. – (book profits at 765)

IIP data data to be out today

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587 Responses

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  1. Kartik Says:
    December 10th, 2010
    Posted at: 1:39 pm

    Hi alekhya, most welcome


  2. afu Says:
    December 10th, 2010
    Posted at: 1:39 pm

    can i get balanced amount as buy price in this short period?
    because buy and sell is today,


  3. lalith Says:
    December 10th, 2010
    Posted at: 1:39 pm

    Kartik is it a good strategy to short sell CA options and cover near expiry because price tends to zero as expiry nears


  4. Kartik Says:
    December 10th, 2010
    Posted at: 1:39 pm

    Hi afu, yes.


  5. Kartik Says:
    December 10th, 2010
    Posted at: 1:40 pm

    Hi lalith, not yet. wait for a week more.


  6. gopal Says:
    December 10th, 2010
    Posted at: 1:40 pm

    Kartik

    how will our market close today


  7. cvrprakash Says:
    December 10th, 2010
    Posted at: 1:40 pm

    Hi Kartik,

    Share your thoughts on Uflex today, since 2-3 days passed after the collapse, do you see a recovery in this? Or more downside expected?


  8. Kartik Says:
    December 10th, 2010
    Posted at: 1:40 pm

    Hi gopal, likely to close 40-60 points higher.


  9. Kartik Says:
    December 10th, 2010
    Posted at: 1:40 pm

    Hi cvrprakash, has turned weak. can fall further.


  10. afu Says:
    December 10th, 2010
    Posted at: 1:40 pm

    if sell tomorrow means monday?


  11. Kartik Says:
    December 10th, 2010
    Posted at: 1:41 pm

    Hi afu, yes.


  12. Karan Sharma Says:
    December 10th, 2010
    Posted at: 1:41 pm

    Can i buy HDFC for long term. Please share the support and Resistance.


  13. afu Says:
    December 10th, 2010
    Posted at: 1:42 pm

    so i will get balanced price in intraday also?


  14. gopal Says:
    December 10th, 2010
    Posted at: 1:42 pm

    shall i hold Cipla 380 Call till monday


  15. cvrprakash Says:
    December 10th, 2010
    Posted at: 1:42 pm

    Kartik, I am holding Uflex @ 250 levels, If I sell now heavy loss. Do you suggest to book the loss now?


  16. Akhilesh Says:
    December 10th, 2010
    Posted at: 1:42 pm

    Hi alekhya, spice jet is a very good stock 1year tgt 225 if u hold than u get our tgt

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