Quotes with Resistance & Support
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Intraday calls for 12-02-13

Posted on: February 12th, 2013 at 8:15 am

Markets likely to open flat, Support for Nifty at 5830 and resistance at 5950

Sell Jindal steel around 406, Target: 395, SL 412 – (Book profit in Jindal Steel at 395.50-396)

1.21pm – Buy Larsen & Tubro above 1501, target: 1525. Stoploss: 1485 – (Continue to hold LT for btst. )

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314 Responses

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  1. Tsa Says:
    February 12th, 2013
    Posted at: 8:15 pm

    why unitech fell so much?


  2. piya Says:
    February 12th, 2013
    Posted at: 8:38 pm

    hii cb:)
    can we expext another 1-2% gain in dr reddy in the coming 1-2 days???
    also what levels can axis bank see this week??
    thanks


  3. Kartik Says:
    February 12th, 2013
    Posted at: 8:59 pm

    Hi Prashant B, Nifty can test 5950 tomorrow, hold SBI CE with a tight SL at 2385, faces strong support at 2300 lvls

    Hi viswa, Yes, can be shorted on rise, around 300 for a target of 292 with a SL at 304 for 2-3 days time

    Hi Tsa, there was a news on it, http://in.reuters.com/article/2013/02/12/cbi-2g-prosecuter-unitech-shares-idINDEE91B05Q20130212

    Hi piya, yes, seems can see higher levels of 1960 in the coming few days


  4. Azhar Says:
    February 12th, 2013
    Posted at: 9:05 pm

    Hi Kartik, suzlon is keep going down....is it good to exit....today i bought @ 24.80....please give some suggetion


  5. manmin Says:
    February 12th, 2013
    Posted at: 9:08 pm

    hi kartik

    pls name few intraday realtime chart service providers


  6. Arun Says:
    February 12th, 2013
    Posted at: 9:33 pm

    http://extraperkk.wordpress.com/positional-calls-11th-15th-feb/


  7. Som Says:
    February 12th, 2013
    Posted at: 9:39 pm

    Hi CB...GE...how abt Rel 880CE and IBReal 70PE...planning to take tmrw..your view?


  8. Kartik Says:
    February 12th, 2013
    Posted at: 9:42 pm

    Hi Azhar, it looks good for short term, hold it for 2-3 months time, can see 30

    Hi manmin, try google/yahoo finance

    Hi Som, Indiabulls Real PE can be entered if it breaks 71 (cash), avoid Relcap for now


  9. Som Says:
    February 12th, 2013
    Posted at: 9:44 pm

    Thanks Kartik...i was asking abt RIL


  10. Som Says:
    February 12th, 2013
    Posted at: 9:47 pm

    RIL 880CE


  11. Kartik Says:
    February 12th, 2013
    Posted at: 9:48 pm

    Hi Som, sorry, it can be entered for a couple of days with a SL at 868(faces strong resistance at 870-880 lvls)


  12. Som Says:
    February 12th, 2013
    Posted at: 9:49 pm

    Thanks Kartik


  13. Kartik Says:
    February 12th, 2013
    Posted at: 11:28 pm

    Hi Som, most welcome


  14. cerulean Says:
    February 13th, 2013
    Posted at: 12:50 am

    Hi Kartik,/CB, Would like to know if I may short crude of April series.. cmp 5343 plz?
    Thank you!


  15. CB Says:
    February 13th, 2013
    Posted at: 2:56 am

    Hi cerulean, wait for some more time. if unable to cross 97.50-98 till tomorrow noon, can go short.

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