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. j k nambiar Says:
    February 12th, 2013
    Posted at: 8:31 am

    good morning all. have a great day. . . .


  2. Karan Sharma Says:
    February 12th, 2013
    Posted at: 8:31 am

    Hi,

    Can I buy 100 PE of Sterlite and 110 PE of Hindalco @ CMP?


  3. Kartik Says:
    February 12th, 2013
    Posted at: 8:32 am

    Hi j k nambiar, Good morning, thanks, same to you

    Hi Karan Sharma, both of them are seeing some short covering, wait for 2-3 days before entring their PE's


  4. vinit Says:
    February 12th, 2013
    Posted at: 8:43 am

    gdmrng Kartik Sir, is it safe to enter jindal steel with a comparatively larger amount or shall i trade in small quantity?


  5. Kartik Says:
    February 12th, 2013
    Posted at: 8:45 am

    Hi vinit, would be better to trade in small quantity as its a short


  6. vinit Says:
    February 12th, 2013
    Posted at: 8:46 am

    ok.. thank u Sir :)


  7. ruchit Says:
    February 12th, 2013
    Posted at: 8:46 am

    can i buy yes bank for intraday?


  8. Kartik Says:
    February 12th, 2013
    Posted at: 8:48 am

    Hi ruchit, looks overbought, avoid it for Intraday today

    Hi vinit, most welcome


  9. kasi viswanathan Says:
    February 12th, 2013
    Posted at: 8:49 am

    Can i buy SUN TV for a rise when market turn arounds ? How is Asian Paints and what price i should enter.


  10. Kartik Says:
    February 12th, 2013
    Posted at: 8:51 am

    Hi kasi viswanathan, Sun tv has rallied quite lot, dont enter it now, Asian Paints can be entered at CMP


  11. Karan Sharma Says:
    February 12th, 2013
    Posted at: 8:52 am

    Hi Kartik,

    Can I sell IFCI and Adani Power (Futures) @ CMP?

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