Quotes with Resistance & Support
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Intraday calls for 13-08-10

Posted on: August 13th, 2010 at 8:20 am

Markets likely to see a flat opening. Resistance for nifty is at 5500 and support at 5350.

Buy Housing Development & Infrastructure Ltd at 282-285, target: 293. Stoploss: 277.

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817 Responses

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  1. SunilRao Says:
    August 14th, 2010
    Posted at: 12:26 am

    Hi Anil, Currently Nifty has very very strong resistance @ 5460-5465 and even today failed to sustain higher levels and closed below it. As of now markets look weak and we may see 5325-5330 in the coming week. However if global cues remain strong and Nifty manages to close above 5465-5470, fresh buying interest may develop leading Nifty to 5510, 5560


  2. Kartik Says:
    August 14th, 2010
    Posted at: 1:06 am

    Hi YASH, both are trading a bit weak. steel overall as a sector is going a bit weak. keep sl at 960 for reliance and 515 for tisco and hold for now

    Hi Bull, can see 400

    Hi deepak, hold them. for tisco keep sl at 540. jp can see 124

    Hi susmit, can see 160

    Hi vishaldel, yes, was in the unapproved section. you should be able to see it now

    Hi Gitanjali, yes. its had a non stop rally from 140. can see profit booking. hold it for 2-4 days.

    Hi Anil, seems will follow it.lets see

    Hi hitesh, buy some of balmer lawrie, control print and confidence petro on dips


  3. Ravindra Says:
    August 14th, 2010
    Posted at: 1:17 am

    Dear Karthik,

    I wish to some stock Future. Which scrip (probably) may not have a downside from here and is fit for trading in Futures ?


  4. Anil Says:
    August 14th, 2010
    Posted at: 1:17 am

    Hi SunilRao, Hope I can recover my losses in IDFC and Hindalco puts in that case. Thanks. Good Night and have great weekend.

    Hi Kartik, Thanks. Good Night and have great weekend.


  5. Kartik Says:
    August 14th, 2010
    Posted at: 1:46 am

    Hi Ravindra, right now don't enter any. would advice to wait for some dip and enter biocon

    Hi Anil, most welcome.. Good night and have a happy weekend.


  6. Kb Says:
    August 14th, 2010
    Posted at: 6:55 am

    Hi Gitanjali, Hold albk .. some resistance at 215-17. . may not be closing above that. as karthik said, correction is likely ..

    dont short mrpl


  7. Ravi Says:
    August 14th, 2010
    Posted at: 10:01 am

    Can i buy these stocks at cmp for long term gains, Bartronics, MIC Electronics and Mercator Line, Please tell me the long term targets for these scripts


  8. Kartik Says:
    August 14th, 2010
    Posted at: 10:08 am

    Hi Ravi, yes. they are good bets for long term have the potential to double.


  9. Gitanjali Says:
    August 14th, 2010
    Posted at: 10:15 am

    Hi Kartik, Thanks for your reply .I shall hold .Hi Kb, Thanks Samaritan !!..I will hold . And will not short mrpl .
    Hi SunilRao, Nice to see you back .
    HI everyone , have a good weekend and enjoy independence day!


  10. Kartik Says:
    August 14th, 2010
    Posted at: 10:27 am

    Hi Gitanjali, GM, Happy Independence to you too


  11. prasad Says:
    August 14th, 2010
    Posted at: 10:32 am

    Good morning karthik can i invest fmcg stocks now for 3 months


  12. som Says:
    August 14th, 2010
    Posted at: 11:00 am

    hi,
    how r u kartik
    i ve alok textile @20.4 and essar oil@170 whats ur openion…what is target for alok and duration


  13. barani Says:
    August 14th, 2010
    Posted at: 11:13 am

    HI KARTHIK,

    IAM HAVING RCOM [email protected] LOTS AND DLF PUT [email protected] LOTS ,TCS 860 PUT@19-1LOT AND HINDPETRO 440 PUT@8 RS. REQUEST UR SUGGESTION


  14. United Says:
    August 14th, 2010
    Posted at: 11:19 am

    Hi, What levels can OnMobile see on Monday for sure? I have to sqaure off on Monday as i do not have money to buy all 100 shares. Bought at 313.85. Also what about Dena and XPRO India this week? Dena really has not rallied at all. having 200 at 101.7.


  15. S.MAHESH Says:
    August 14th, 2010
    Posted at: 12:03 pm

    GA


  16. LEO Says:
    August 14th, 2010
    Posted at: 12:06 pm

    Hi Kartik,

    I was plan to close my long when Nifty reached 5500 lvls and wait for a dip to reenter for long .. Is it advisable ....

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