Quotes with Resistance & Support
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Intraday calls for 12-07-11

Posted on: July 12th, 2011 at 8:25 am

Markets likely to open lower, Support at 5550

Buy Nestle India on dips (trade in small quantity)

11.06am – high risk call: sell bata India at 625, target: 614. strict Stoploss: 634 – (book profit in bata India at 616-617)

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528 Responses

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  1. Vishal Says:
    July 12th, 2011
    Posted at: 3:12 pm

    Hi Kartik, Can i enter Nifty 5800 now ?


  2. gayaram Says:
    July 12th, 2011
    Posted at: 3:13 pm

    Hi Kartik, Thanks again. Noida toll at its days high. shall i exit my long now or hold ? exit level pls.


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

    Hi SAI, yes, can see some more downside in 1-2 days

    Hi vipul, strong support at 70, if it sustains above it for 2-3 days, can be entered


  4. sandeep Says:
    July 12th, 2011
    Posted at: 3:15 pm

    KARTHIK.............CAN WE BUY INFY 2600 PUT@10 FOR CURRENT SERIES?
    CAN IT SEE LEVELS CLOSE TO 2600 IN THE NEXT 5-10 DAYS?


  5. SAI Says:
    July 12th, 2011
    Posted at: 3:15 pm

    OK KARTIK THANKS I WL HOLD. SHLD I BUY A CALL TO HEDGE THIS


  6. NSK Says:
    July 12th, 2011
    Posted at: 3:15 pm

    Kartik ji

    I hv 5600 PE @ 95, can i hold or exit


  7. kd Says:
    July 12th, 2011
    Posted at: 3:15 pm

    hi kartik / cb, whats ur view on IFCI ? CAN IT TOUCH 52 ????


  8. Kartik Says:
    July 12th, 2011
    Posted at: 3:16 pm

    Hi SAI, no, not yet

    Hi NSK, hold til tomorrow

    Hi kd, looks weak as of now, dont enter it yet


  9. sandeep Says:
    July 12th, 2011
    Posted at: 3:17 pm

    KARTHIK.............CAN WE BUY INFY 2600 PUT@10 FOR CURRENT SERIES?
    CAN IT SEE LEVELS CLOSE TO 2600 IN THE NEXT 5-10 DAYS?
    plz reply


  10. Kartik Says:
    July 12th, 2011
    Posted at: 3:17 pm

    Hi sandeep, no, avoid it, likely to trade flat for a while


  11. Geetha Says:
    July 12th, 2011
    Posted at: 3:18 pm

    Can i buy tcs today. Want to hold till the results on july 14.


  12. Kartik Says:
    July 12th, 2011
    Posted at: 3:18 pm

    Hi Geetha, no, Markets look weak, wait for some time


  13. gayaram Says:
    July 12th, 2011
    Posted at: 3:18 pm

    Hi Kartik, missed my query?


  14. SAI Says:
    July 12th, 2011
    Posted at: 3:19 pm

    OK THANKS KARTIK


  15. Ary Says:
    July 12th, 2011
    Posted at: 3:19 pm

    Hi Karthik,

    What gains can be expected in Punj loyd 65 PE in 2-3 days please?


  16. Kartik Says:
    July 12th, 2011
    Posted at: 3:20 pm

    Hi gayaram, if Intraday, exit from it

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