Quotes with Resistance & Support
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Intraday calls for 13-06-11

Posted on: June 13th, 2011 at 8:26 am

Markets likely to open a bit lower. Support for nifty is at 5450 and resistance at 5540

If markets show recovery later during the day, buy: Raymond Ltd

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488 Responses

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  1. Mohan Says:
    June 13th, 2011
    Posted at: 3:12 pm

    Hi Kartik, Trailing SL at 5500 in Nifty?


  2. Kartik Says:
    June 13th, 2011
    Posted at: 3:14 pm

    Hi Chinny, seems the decay factor coming in, also I suppose trader's expect the markets to recover as some winding is seen in it

    Hi Mohan, Yes


  3. Chinny Says:
    June 13th, 2011
    Posted at: 3:15 pm

    Hi Kartik, But Calls are trading in +ve. Shall i exit 5400 put holding @ 57?


  4. shiva Says:
    June 13th, 2011
    Posted at: 3:16 pm

    can i buy talwalkars??


  5. Kartik Says:
    June 13th, 2011
    Posted at: 3:16 pm

    Hi Chinny, hold it with a SL at 5500 (resistance level)


  6. Mohan Says:
    June 13th, 2011
    Posted at: 3:16 pm

    Hi Kartik, Thanks very much! RBI rate hike on the cards?


  7. CA.Tejas Says:
    June 13th, 2011
    Posted at: 3:17 pm

    I have purchased Confidence petro at 17 n cmp is 19... what should I do... hold / sell/ add more...


  8. Kartik Says:
    June 13th, 2011
    Posted at: 3:18 pm

    Hi CA.Tejas, its a good investment bet, if possible hold it for 1-2 years, it can do well

    Hi Mohan, most welcome, not likely, it might take a while to re-hike


  9. Kartik Says:
    June 13th, 2011
    Posted at: 3:18 pm

    Hi shiva, can be entered with a SL at 254


  10. AJ Says:
    June 13th, 2011
    Posted at: 3:19 pm

    holding Gitanjali since 4-5 days....@293.
    Should I exit?


  11. Kartik Says:
    June 13th, 2011
    Posted at: 3:20 pm

    Hi AJ, hold it for another 3-4 days, should give a breakout soon


  12. CA.Tejas Says:
    June 13th, 2011
    Posted at: 3:20 pm

    Hi Kartik, What will be the tgt after 1 or 2 years...


  13. Vishal Says:
    June 13th, 2011
    Posted at: 3:20 pm

    Hi Kartik, Should i hold Punj Llyod for tomorrow or book profit today itself


  14. Chinny Says:
    June 13th, 2011
    Posted at: 3:21 pm

    Hi Kartik, Pls advise some stock to go long to hedge nifty puts.


  15. Das Says:
    June 13th, 2011
    Posted at: 3:21 pm

    i hold tatasteel 560 PE. its a hold or sell now?


  16. Sourabh Says:
    June 13th, 2011
    Posted at: 3:21 pm

    Kartik,
    I am holding SBI 1 [email protected] should i do... SL and target plss

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