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: 9:28 am

    Hi Kartik,What abt entering Nifty 5500 CE now


  2. Kartik Says:
    July 12th, 2011
    Posted at: 9:28 am

    Hi shiva, next support at 5550, if we manage to break it, we can test 5500 levels, hold it with SL at 5575 on the higher side

    Hi himanshu, GM, next support at 5550, if we manage to break it, we can test 5500 levels


  3. Ary Says:
    July 12th, 2011
    Posted at: 9:28 am

    Hi Karthik,

    Am still holding HDFC 700PE, ITC200 PE and Ranbaxy 560CE. Pls suggest.


  4. Kartik Says:
    July 12th, 2011
    Posted at: 9:28 am

    Hi Vishal, no, wait for some time


  5. Kartik Says:
    July 12th, 2011
    Posted at: 9:29 am

    Hi Lalith, continue to hold it, book around 1812

    Hi Ary, Yes, hold them for some more time


  6. ss Says:
    July 12th, 2011
    Posted at: 9:29 am

    Hi Kartik,
    Im holding Wipro fut (411). Pls suggest


  7. Ary Says:
    July 12th, 2011
    Posted at: 9:30 am

    Sorry and also holding L&T 1800PE. Pls suggest


  8. Lalith Says:
    July 12th, 2011
    Posted at: 9:30 am

    Hi Kartik, L&T already made a low of 1811, can it see this level again today ?


  9. shiva Says:
    July 12th, 2011
    Posted at: 9:31 am

    can we trade i ninfy...are reslts out?


  10. AJ Says:
    July 12th, 2011
    Posted at: 9:31 am

    Do you think CROMPTON will hold the support at 240?


  11. Kartik Says:
    July 12th, 2011
    Posted at: 9:31 am

    Hi Ary, ok, book first in Fut, continue to hold them PE for some more time

    Hi ss, hold it with a SL at 405 for some more time


  12. Kartik Says:
    July 12th, 2011
    Posted at: 9:31 am

    Hi AJ, Markets have been seeing some selling pressure, if we continue to trade weak, it can break it


  13. Kartik Says:
    July 12th, 2011
    Posted at: 9:32 am

    I'll be back in 30 mins,/


  14. MBA tejas gupta Says:
    July 12th, 2011
    Posted at: 9:33 am

    my call on sell sun tv has achived target of 305 kindly book profits. given 3Rs. profit per share ..........


  15. Ary Says:
    July 12th, 2011
    Posted at: 9:33 am

    Hi Kartik, I did not get you. I am trading in stock options not future. Holding L&T 1800 / ITC200 and HDFC 700 Puts & Ranbaxy Call,


  16. MBA tejas gupta Says:
    July 12th, 2011
    Posted at: 9:34 am

    3days positional call:BUY A2Z AT 241 SL 230 TGT 266/274/282

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