Quotes with Resistance & Support
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Intraday calls for 12-10-10

Posted on: October 12th, 2010 at 8:23 am

Markets likely to open slightly lower. Support for Nifty is at 6100 and resistance at 6220.

Buy Firstsource Solutions Ltd at 29.70, target: 31. Stoploss: 28.40

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655 Responses

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  1. smh Says:
    October 12th, 2010
    Posted at: 11:28 pm

    Kartik what levels can i expect in RIL & Gail for tomrw pls


  2. ganesh Says:
    October 12th, 2010
    Posted at: 11:34 pm

    Hi Cb/Karthik,

    Andhra Bank, Idfc & Hindalco, which is the best stock for indraday tomorrow?


  3. Sandipan Says:
    October 12th, 2010
    Posted at: 11:57 pm

    Kartik/CB...
    GE to all.
    Holding Smartlink from @75.50...but still struggling at 69...why? is there any reason? how long this phase will continue?


  4. Kartik Says:
    October 13th, 2010
    Posted at: 12:30 am

    Hi ARAVIND, it faces some support at 485, can be give a bounce tomorrow, hold it

    Hi Gitanjali, yes, you may do so

    Hi vindi, no, dont enter them yet

    Hi ganesh, Hindalco looks good, its more of a market mover

    Hi Sandipan, continue to hold it for Short/Mid term, its a strong bet fundamentally, has been seeing some consolidation as of now

    Hi smh, GAIL can see 508 and RIL can add 15-20rs if Markets show some upmove


  5. VIN Says:
    October 13th, 2010
    Posted at: 12:36 am

    Hai karthik when will ramsarup result come


  6. Kartik Says:
    October 13th, 2010
    Posted at: 1:15 am

    Hi VIN, no, not sure of the date yet


  7. LEO Says:
    October 13th, 2010
    Posted at: 6:29 am

    Hi Kartik / Cb,

    Good Morning ....

    Whether chambal will see 84 lvl ......


  8. stalin Says:
    October 13th, 2010
    Posted at: 8:00 am

    hai buddy good morning...what do u think abt MTNL ,Garden Silk Mills Ltd and OFSS for intraday...what are der targets


  9. rakesh kundu Says:
    October 13th, 2010
    Posted at: 8:09 am

    good morning


  10. rakesh kundu Says:
    October 13th, 2010
    Posted at: 8:15 am

    i want to know about yesterday iip data.....what is the effect on market ?


  11. trade4444 Says:
    October 13th, 2010
    Posted at: 8:23 am

    Hi Kartik,
    What could be the long term ( 5 years ) target for smartlink ?


  12. Kartik Says:
    October 13th, 2010
    Posted at: 8:26 am

    Hi LEO, GM, it faces strong resistance at 82, it can see 84+ levels in 2-3 days, hold it

    Hi rakesh kundu, Good morning, IIP numbers were weak, Markets have already reacted to it yesterday, since it was released during Market hours

    Hi stalin, Garden Silk Mills Ltd and OFSS can add 1-2% in Intraday


  13. trade4444 Says:
    October 13th, 2010
    Posted at: 8:26 am

    Dear Karthik,

    Any one parameter that is best as a technical indicator ? What about MACD ?


  14. stalin Says:
    October 13th, 2010
    Posted at: 8:33 am

    thanks Kartik


  15. Kartik Says:
    October 13th, 2010
    Posted at: 8:37 am

    Hi trade4444, Ichimoku clouds is a good one for Short term trends, SmartLink can see 300+ levels in 4-5 years time

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