Quotes with Resistance & Support
Market Information

Intraday calls for 12-07-10

Posted on: July 12th, 2010 at 8:20 am

Markets likely to open slightly higher. Resistance for nifty is at 5380-5400 & Support at 5290.

Buy Infrastructure Development Finance Company Ltd (IDFC) at 185.05, target: 191. Stoploss: 181 – (If possible continue to hold for 1-2 days with same sl at 181. looks good technically, can see 191+)

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705 Responses

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Comment pages: 202122232425262728Show all

  1. Anil Says:
    July 12th, 2010
    Posted at: 12:44 pm

    Hi Kartik, Shall I buy IDFC 190 CA??


  2. RaJ Says:
    July 12th, 2010
    Posted at: 12:44 pm

    HI Kartik, how does DLF looks like on your charts. Y'DAY u suggested me to hold on my SHORT POSITIONS WITH A SL @ 306, UNFORTUNATELY IT TRIGGERED THAT. BUT I DID BUY 300 PE.


  3. MANOJ Says:
    July 12th, 2010
    Posted at: 12:45 pm

    HI KARTIK,
    U missed my query twice


  4. Uday Says:
    July 12th, 2010
    Posted at: 12:46 pm

    Psychic Octopus fainted after Santa asked him a Q
    What was the Q
    Q was when India will qualify for FIFA ?


  5. Ravii Says:
    July 12th, 2010
    Posted at: 12:46 pm

    Hello Kartik,
    I have 4900,5300 puts..can i get my money back in this series??


  6. DEEPAK Says:
    July 12th, 2010
    Posted at: 12:46 pm

    WILL GAIL BOUNCE BACK SIR.PLEASE ADVICE SIR


  7. luckvijjay Says:
    July 12th, 2010
    Posted at: 12:47 pm

    sirji any nifty call?


  8. Kartik Says:
    July 12th, 2010
    Posted at: 12:47 pm

    Hi vishaldel, it looks strong above 890, dont go short on it yet

    Hi DeepakM, you may enter Indian Bank in small quantity with a SL at 232


  9. Lata Says:
    July 12th, 2010
    Posted at: 12:49 pm

    kartik, hi, bharti betn 305 to 306 since very long, will it see again 312 or shld i hold till tomm for a target of 315-320… wht say… also there is a bulk buy of the stock worth 10 crores....is it a positive sign....


  10. sridhar Says:
    July 12th, 2010
    Posted at: 12:50 pm

    bought rel capital july fut@770. it is 778 now .can i exit or wait for some time


  11. Kartik Says:
    July 12th, 2010
    Posted at: 12:50 pm

    Hi Ravi, dont enter it yet, wait for some more time

    Hi luckvijjay, not yet

    Hi DEEPAK, yes, it shall do well in the Short run, hold it for some more time

    Hi Ravii, cant be sure as of now, since Global ques seem to recover, would be better to hold them with a SL at 5380 on Nifty as of now

    Hi MANOJ, Marico and UniPhos can add 1-2% from CMP, if Markets see some upmove


  12. Jagdish Says:
    July 12th, 2010
    Posted at: 12:50 pm

    Hi kartik,
    sir my question is left behind today iam in profit in tatamotor and tatasteel please suggest me for booking profit or hold for some more time, what may be next tgt.


  13. vishaldel Says:
    July 12th, 2010
    Posted at: 12:50 pm

    thanks karthik... Then shall i make long in it to cover my loss in short positions


  14. raja m Says:
    July 12th, 2010
    Posted at: 12:51 pm

    HI Kartik,any chance of Piramal Healthcare coming up today,please?


  15. Gitanjali Says:
    July 12th, 2010
    Posted at: 12:51 pm

    Hi Lata, how are you ?.. Take care ..


  16. LEO Says:
    July 12th, 2010
    Posted at: 12:51 pm

    Hi Kartik,

    Can i book profit now in IDFC @ 187.5 or wait till 2.30 ...........

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