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. AJ Says:
    May 11th, 2011
    Posted at: 9:16 am

    EVERONN on intraday charts? buy or short?


  2. tejas Gupta Says:
    May 11th, 2011
    Posted at: 9:18 am

    Hi Kartik, nifty spot level support1 5506 spport2 5471 resist.15584 resist.2 5630

    nifty spot level support1 5506 spport2 5471 resist.15584 resist.2 5630


  3. Kb Says:
    May 11th, 2011
    Posted at: 9:18 am

    3 stocks to watch Gitanjali, Hind unilever, shopers stop


  4. AJ Says:
    May 11th, 2011
    Posted at: 9:18 am

    VIP is around 674...can i enter?


  5. ani Says:
    May 11th, 2011
    Posted at: 9:18 am

    Hi Kartik / Tejas,

    GM. Renuka Sugars result are bitter than expected. How do u see the stock
    would react to this? Will it gain atleast 1-2rs from here within2-3days?


  6. Kartik Says:
    May 11th, 2011
    Posted at: 9:19 am

    Hi Jagdish, strong resistance at 960-970 above which it can do well, hold it for a couple of days

    Hi AJ, strong support at 550, avoid it for Intraday


  7. Kartik Says:
    May 11th, 2011
    Posted at: 9:19 am

    Hi AJ, enter if it manages to sustain 670 for another 5-10 minutes

    Hi ani, looks weak, might take some time to settle


  8. shiva Says:
    May 11th, 2011
    Posted at: 9:20 am

    SKS @ 31`3..bpuoght @ 294...hold with trailing sl @ today's low?


  9. K K Says:
    May 11th, 2011
    Posted at: 9:20 am

    Hi Kartik,
    Hi tejas Gupta,
    What's ur view on HINDPETRO today ?? Where is the support for this ??


  10. Ary Says:
    May 11th, 2011
    Posted at: 9:21 am

    Holding CE. Pls suggest


  11. tejas Gupta Says:
    May 11th, 2011
    Posted at: 9:21 am

    Hi ani, will see good movement if market manage to trade strong , can add 5-10 rs. more in day or two


  12. Kartik Says:
    May 11th, 2011
    Posted at: 9:21 am

    Hi K K, strong support at 380, can give a bounce if Markets recover

    Hi shiva, keep a trailing SL at 305


  13. Kartik Says:
    May 11th, 2011
    Posted at: 9:21 am

    Hi Ary, hold it for some more time


  14. ani Says:
    May 11th, 2011
    Posted at: 9:22 am

    ok thanks to u both pals


  15. Ary Says:
    May 11th, 2011
    Posted at: 9:22 am

    But markets going down I guess, so confused...


  16. AJ Says:
    May 11th, 2011
    Posted at: 9:23 am

    Anything else for intraday boss? :)

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