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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  1. brinda Says:
    July 12th, 2010
    Posted at: 12:51 pm

    Hi kathik morning


  2. Kartik Says:
    July 12th, 2010
    Posted at: 12:53 pm

    Hi Jagdish, hold Tata steel with a SL at 490, hold Tata motors for some more time


  3. brinda Says:
    July 12th, 2010
    Posted at: 12:53 pm

    How to calculate the premimum in option,is there any calculation for it,


  4. DS Says:
    July 12th, 2010
    Posted at: 12:53 pm

    Dear Kartik,

    What is your take on Sterlite now?


  5. Kranthi Says:
    July 12th, 2010
    Posted at: 12:54 pm

    Kartik,

    Do you suggest any Fresh F&O CALL in respect of Q1 results ??


  6. Kartik Says:
    July 12th, 2010
    Posted at: 12:54 pm

    Hi Lata, yes, its likely to see some more upmove in the Short run

    Hi sridhar, wait for some time

    Hi brinda, GM

    Hi LEO, hold it for some more time

    Hi raja m, it can see 550 in Short term


  7. RaJ Says:
    July 12th, 2010
    Posted at: 12:54 pm

    u missed my query on DLF. I'M holding FORTIS FUT @ 156.... how would you trade that. SL level.


  8. SUM Says:
    July 12th, 2010
    Posted at: 12:55 pm

    CB/Kartik,

    I had 35 Zenotech @ 130. The recent SC verdict fixed the share price in favour of Daichii for a price of 113.65.
    Does this mean I shall avg out at (CMP 98) to be at a position of No profit no loss ?

    Regards,
    Sum


  9. LEO Says:
    July 12th, 2010
    Posted at: 12:55 pm

    OK Kartik,

    Any tgt for HDIl in a day or two ...........


  10. vijay Says:
    July 12th, 2010
    Posted at: 12:56 pm

    HI CB,

    when SELMCL will get good returns


  11. raja m Says:
    July 12th, 2010
    Posted at: 12:56 pm

    HI Kartik,thanks,but am stuck with Piramal for intraday ?


  12. Kartik Says:
    July 12th, 2010
    Posted at: 12:57 pm

    Hi DS, it faces some resistance at 172, above which it looks strong

    Hi RaJ, sorry, DLF looks strong as of now, hold it for some time, hold Forits for some more time


  13. vishaldel Says:
    July 12th, 2010
    Posted at: 12:57 pm

    hi karthik... any answer on my icici long query.. as you see upside then shall i make long in icici to cover my loss in short positions


  14. Lata Says:
    July 12th, 2010
    Posted at: 12:58 pm

    hi Gitanjali i am fine, thanks ya, how abt you... how is your trading going on... r u a full time trader or investor.....


  15. MANOJ Says:
    July 12th, 2010
    Posted at: 12:58 pm

    HI KARTIK,
    I hv shorted DENA BANK @96.50. what will be safest target to exit


  16. Deepak Says:
    July 12th, 2010
    Posted at: 12:59 pm

    Hi CB,

    should I sell the shares of DLF today or hold for some more time...?I am holding them for last six months to get the price up.

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