Quotes with Resistance & Support
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Intraday calls for 12-09-11

Posted on: September 12th, 2011 at 8:26 am

Markets likely to see a gap down opening. Support for nifty is at 4930

If markets show recovery later during the day, buy: Geometric ltd above 40.

12.46pm – Book profit in eicher motors at 1475-1480

1:02pm – Book profits in M&M Short at 777

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489 Responses

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  1. siddharth Says:
    September 12th, 2011
    Posted at: 2:56 pm

    hello kartik/cb

    sould i continue to hold short in gujarat flurochemicals or exit

    pls recommend me i am in huge loss.

    1 lot @ 531

    now 542


  2. Kartik Says:
    September 12th, 2011
    Posted at: 2:57 pm

    Hi YOGI, GA


  3. Kartik Says:
    September 12th, 2011
    Posted at: 2:57 pm

    Hi siddharth, hold with a tight SL at 545, the stock seems to be a uptrend


  4. namonia Says:
    September 12th, 2011
    Posted at: 2:58 pm

    thanks


  5. Kb Says:
    September 12th, 2011
    Posted at: 2:59 pm

    Hi Kartik, Hi ..

    Hi thavva, see.. i donn know, why they are following avg price.. actually it should be a high / low... from that point we construct a pyramid.. i have a excel file, that gives full bear & bull cyle.. chek that ,then u wil get a better idea.. try both types .. high/low & Avg price... :)

    just send me a "hi" on [email protected]


  6. AbHISHEK Says:
    September 12th, 2011
    Posted at: 2:59 pm

    I HAVE ALSO SUZLON 1000 AT 39 WHAT UR VIEW IN THIS STOCK PLS SUGGEST SL & TARGET FOR 2 TO 3 DAYS


  7. SS Says:
    September 12th, 2011
    Posted at: 3:00 pm

    Hi Kartik,
    Im holding 2 lots of Cairn long fut. In huge loss. Can't open put to hedge. Do you see some recovery ? Or book loss....margin problem.


  8. Kartik Says:
    September 12th, 2011
    Posted at: 3:02 pm

    Hi Kb, GAA

    Hi AbHISHEK, it looks weak, hold with a tight LS at 38.50

    Hi SS, looks weak, exit from 1 lot, and hedge with a PE


  9. Rameshb Says:
    September 12th, 2011
    Posted at: 3:03 pm

    Hi Kartik, I MISSED THE EICHER AT 1480 SHOULD I BOOK AT 1450 OR WAIT WILL IT GO UP IN A DAY OR TWO?


  10. sarkar.s Says:
    September 12th, 2011
    Posted at: 3:03 pm

    Suggestion About SBI 2000 CE at present level please.


  11. thavva Says:
    September 12th, 2011
    Posted at: 3:04 pm

    Hi Kb, Sure kb...I'm online now


  12. Kb Says:
    September 12th, 2011
    Posted at: 3:04 pm

    Hi Kartik, GA . .. :DDDDDD ..


  13. vipul Says:
    September 12th, 2011
    Posted at: 3:05 pm

    Hi Kartik, Shall I buy L & t futures @ this price or short them????????? wht to do plzzzz tell me ...


  14. SDG Says:
    September 12th, 2011
    Posted at: 3:05 pm

    Hi Katik, your view on Hero MotoCorp .. can I short @current levels for target 2100?


  15. SDG Says:
    September 12th, 2011
    Posted at: 3:06 pm

    sorry KARTIK.. its a typo..


  16. Kartik Says:
    September 12th, 2011
    Posted at: 3:07 pm

    Hi SDG, above 2000 it looks strong, dont go short yet

    Hi vipul, no, wait for a couple of days for Markets to settle

    Hi sarkar.s, avoid making fresh positions for now

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