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

Posted on: May 11th, 2011 at 8:27 am

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

Buy United Breweries Ltd at 538, Target: 548, SL 530 – (book profit at 560)

9: 40am: Buy Kajaria Ceramics at 91.20, Target: 96-97 (hold for 1-2 days), SL 87 (buy in small quantity)

10.27am – buy nifty 5600 call at 58.50, target: 72. Stoploss: 5500

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492 Responses

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  1. Vbd Says:
    May 11th, 2011
    Posted at: 8:35 am

    Shal i exit muthoot finance? I hv got this in ipo @ 175/share


  2. Kartik Says:
    May 11th, 2011
    Posted at: 8:35 am

    Hi Vbd, hold it for Short term, can do well


  3. Giggsy Says:
    May 11th, 2011
    Posted at: 8:37 am

    morning Kartik, Can you please let me know about Delta Corp today? At what levels can I exit? Also can you pl let me know about Timken? When can it give a bounce?


  4. Kartik Says:
    May 11th, 2011
    Posted at: 8:39 am

    Hi Giggsy, book in delta around 86-87, Timken can see 210 today


  5. imdevu Says:
    May 11th, 2011
    Posted at: 8:47 am

    gud morning all..


  6. ESWARAN Says:
    May 11th, 2011
    Posted at: 8:52 am

    GOOD MORNING CB/GOOD MORNING KARTHIK. I HV BOUGHT NIFTY AT 5750 LEVEL. RECENT BIG FALL UPSET ME A LOT. SHOULD I HOLD IT? WILL IT TOUCH ATLEAST 5700 BEFORE EXPIRY? AWAITING YOUR REPLY. ALSO LET ME KNOW YOUR VIEW ON SATYAMCOMP.


  7. sourabh Says:
    May 11th, 2011
    Posted at: 8:52 am

    Gud Mrng Kartik Sir...
    Should i buy Essar, PFC and JPAssociate for intraday...which one is better


  8. Kartik Says:
    May 11th, 2011
    Posted at: 8:53 am

    Hi ESWARAN, we can give a bounce from current levels as Global ques are also seeing some recovery, continue to hld it for some time, support at 5490 for Nifty

    Hi imdevu, Good morning


  9. Kartik Says:
    May 11th, 2011
    Posted at: 8:53 am

    Hi sourabh, you may buy some of Essar oil, above 130 it looks good


  10. tejas Gupta Says:
    May 11th, 2011
    Posted at: 8:54 am

    Hi Kartik, good morning , i am holding call what to do for today ??


  11. Kartik Says:
    May 11th, 2011
    Posted at: 8:54 am

    Hi tejas Gupta, GM, lets wait to see how Markets open up, likely to see a bounce


  12. deepak Says:
    May 11th, 2011
    Posted at: 8:55 am

    GM CB sir, how is market supposed to react to sbi rate hike?


  13. Abhishek Says:
    May 11th, 2011
    Posted at: 8:56 am

    howz aurbindo pharma

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