Quotes with Resistance & Support
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Intraday calls for 12-05-11

Posted on: May 12th, 2011 at 8:30 am

Markets likely to open lower, support for Nifty at 5500

Buy Visa Steel on dips

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  1. vipul Says:
    May 12th, 2011
    Posted at: 3:19 pm

    Hi Kartik, Thanks a ton sir, So Is jp asso a good bet for short term & long term after fall?


  2. Kartik Says:
    May 12th, 2011
    Posted at: 3:21 pm

    Hi arjun, dont add more, exit from 2 of them, enter PUT to hedge

    Hi vipul, yes, but might take a long time to recover

    Hi VS, yes, hold with a SL at 900


  3. vijayk Says:
    May 12th, 2011
    Posted at: 3:22 pm

    kartik shall I enter 5500pe now?


  4. Kartik Says:
    May 12th, 2011
    Posted at: 3:22 pm

    Hi vijayk, enter only 1


  5. Kartik Says:
    May 12th, 2011
    Posted at: 3:22 pm

    Hi SAI, 5500


  6. vijayk Says:
    May 12th, 2011
    Posted at: 3:24 pm

    bought 1 lot 5500pe


  7. karthickPrabhu Says:
    May 12th, 2011
    Posted at: 3:24 pm

    you missed mine

    Hi CB/YOGI/SB

    Bought 100 decaan chronical for intra day at 83 as buy back offer news came , its going down , shall i hold ? what can be target? should i hold till tomor?


  8. Kartik Says:
    May 12th, 2011
    Posted at: 3:25 pm

    Hi vijayk, k, hhod it

    Hi karthickPrabhu, its reacting to the Markets, keep a sl at 80 and hold it


  9. arjun Says:
    May 12th, 2011
    Posted at: 3:26 pm

    Thanks......Kartik...
    Entered 2 lots of 5400 PE @ 50


  10. vipul Says:
    May 12th, 2011
    Posted at: 3:26 pm

    Ok Kartik, then which stocks would you prefer to buy ???


  11. Kartik Says:
    May 12th, 2011
    Posted at: 3:27 pm

    Hi vipul , dont enter anything yet, wait for markets to settle

    Hi arjun, k, hold it for 1-2 days


  12. vipul Says:
    May 12th, 2011
    Posted at: 3:27 pm

    Hi Kartik, Yeah Kartik i meant after market settles which stocks can be entered.........


  13. arjun Says:
    May 12th, 2011
    Posted at: 3:28 pm

    kARTIK....

    shall i exit from remaining 1 lot of 5600 CE??? If no.....then what level ....shall i exit from it??


  14. Kartik Says:
    May 12th, 2011
    Posted at: 3:29 pm

    Hi arjun, hold it for some time, lets wait to see Global ques react tonight

    Hi vipul, Axis bank, Sterlite, balmer Lawrie are good long term bets


  15. Kartik Says:
    May 12th, 2011
    Posted at: 3:29 pm

    Hi Ary, yes


  16. arjun Says:
    May 12th, 2011
    Posted at: 3:30 pm

    Okay...Kartik sir...thanks

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