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

Posted on: May 11th, 2010 at 8:21 am

Markets likely to see a flat opening. Resistance for nifty is at 5210

Buy Avaya GlobalConnect Ltd at 256.25, target: 264. Stoploss: 251
Buy Carborundum Universal Ltd at 197.05, target: 204. Stoploss: 194

Trade in small quantities.

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574 Responses

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  1. SMH Says:
    May 11th, 2010
    Posted at: 3:42 pm

    KARTIK, BOT DCB @ 44.5 & NIFTY 5100 CALL @ 119 PS GUIDE ON SAME


  2. SMH Says:
    May 11th, 2010
    Posted at: 3:44 pm

    KARTIK CAN YU PLEASE UPDATE ME ON CRANE SOFTWARE I AM HOLDING FOR AST 6 MONTHS BOT @ 38 PLS GUIDE WHETHER TO BOOK LOSS & EXIT


  3. RSKM Says:
    May 11th, 2010
    Posted at: 3:50 pm

    Hi Kartik/CB, Which one to buy now for 6 mons ter - Crompton or Punjlloyd. Please advice...


  4. VBD Says:
    May 11th, 2010
    Posted at: 3:52 pm

    hI kARTIK,
    Can I buy Tanla Sol at CMP @42 for one year holding point of view, How much it will appriciate in one year?


  5. S.MAHESH Says:
    May 11th, 2010
    Posted at: 3:54 pm

    Hi Ramesh bhole,
    GA

    Will have to check result 2 marrow, in case of bad result it will correct further in spite of it being oversold.


  6. Kartik Says:
    May 11th, 2010
    Posted at: 3:56 pm

    Hi abc, most welcome.. Good evening

    Hi Akash, ok

    Hi ONKAR, hold it for some time. some bounce is likely in 1-2 days.

    Hi MANOJ, indian hotel can see 120. hold onto others too for now

    Hi Souvik, around 116

    Hi Gitanjali, most welcome.. Good evening.

    Hi Ravii, yes. hold it. some bounce is likely

    Hi SMH, they are a hold for now. some profit booking was expected after yesterdays rally.. cranes is in a downtrend. will take some time to recover. for now hold it.

    Hi RSKM, go with crompton

    Hi VBD, its a good bet. can see 70-75.


  7. Akash Says:
    May 11th, 2010
    Posted at: 3:57 pm

    Hi Kartik, Shud I sell FACT above 57 and buy TALWALKARS at any price?


  8. Akash Says:
    May 11th, 2010
    Posted at: 3:59 pm

    Hi Kartik, What about Engineers India. It is down and now below 450. I think this is post split price and it will not see further slit in price. Is it good to buy for target 700+ in short term?


  9. Souvik Says:
    May 11th, 2010
    Posted at: 4:00 pm

    Thank you sir, have a nice evening.


  10. MSK Says:
    May 11th, 2010
    Posted at: 4:02 pm

    TODAY BTST CALL


  11. Satya Says:
    May 11th, 2010
    Posted at: 4:23 pm

    Hi,

    I bought TATASTEEL 2 lots @ 596. still i am holding those stocks.
    Please let me know i have to book the lose and exit are i can wiat for recovery.

    Thanks in advance,

    Satya


  12. Rameshbh Says:
    May 11th, 2010
    Posted at: 4:32 pm

    THANKS KARTIK AND SM FOR YOUR VIEWS
    REGARDS


  13. arif Says:
    May 11th, 2010
    Posted at: 4:59 pm

    Hi kArtik,
    Im holding ekc @133 and ekc call @ 140 premium 4.95 .......how soon i can get good returns.....i can hold for 2-3 days only,
    thanx


  14. vasanth Says:
    May 11th, 2010
    Posted at: 5:01 pm

    sir what is your view on ibrealest iam holding at 163 shall i continue to hold or book losses


  15. chaitanya Says:
    May 11th, 2010
    Posted at: 5:36 pm

    Hi CB/Kathik,

    I have brought Nifty June futures at 5200 yesterday

    Will I be able to see 5300 levels before expiry.

    Please advise tragets to book profits at and also the Sl..

    Thank you


  16. Kartik Says:
    May 11th, 2010
    Posted at: 6:18 pm

    Hi Akash, book profits in FACT around 58, dont enter Twalkar yet, new listings can be very volatile, hold Engineer's India for 2-3 months time, it shall perform well

    Hi Souvik, most welcome

    Hi MSK, not BTST call for Today

    Hi Satya, hold them with a tight SL at 578 as of now

    Hi Rameshbh, most welcome

    Hi arif, if Market see some recovery in the coming days, EKC can see 140+

    Hi vasanth, hold it for Short term, Realty stocks shall perform well in the Mid run

    Hi chaitanya, we might see some recovery tomorrow, if Global ques continue to trade strong, we can see 5300 by the end of the month, on the downside, hold it with a SL at 5080 on Nifty

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