Intraday calls for 14-05-12

Quotes with Resistance & Support

Market Information

Intraday calls for 14-05-12

Posted on: May 14th, 2012 at 8:25 am

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Markets likely to open flat. Support for nifty is at 4890 and resistance at 4980.

Buy Mahindra & Mahindra above 658, target: 672. Stoploss: 646 – (Book profit in M&M at 669-670)

1.09pm – SL triggered in Jindal Steel & Power

For a technical view on Nifty, DLF and Jindal Steel & Power, click here.

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527 Responses

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Comment pages: 25 26 27 28 293031 32 33 Show all

LOST Says:
May 14th, 2012
Posted at: 6:16 pm
if nifty open below 4890 tomorow... can 4800PE?
abraham Says:
May 14th, 2012
Posted at: 6:20 pm
sir,
Any visibility of ashok leyland moving up after the result?. How is the result impact on this stock?
Kartik Says:
May 14th, 2012
Posted at: 6:54 pm
Hi ssrao, no, they look weak
Hi LOST, Yes, can be entered for 2-3 days
Hi AT, most welcome
Hi Jesi, book on rise tomorrow, it looks weak overall
Hi StockGuru, can be shorted if it breaks 1140 (cash)
Kartik Says:
May 14th, 2012
Posted at: 6:55 pm
Hi abraham, not likely to have a major impact, could add 2-3%, faces strong support at 25
rishu Says:
May 14th, 2012
Posted at: 6:55 pm
what the take on 5400 ce may got @19
Kartik Says:
May 14th, 2012
Posted at: 7:06 pm
Hi rishu, Markets look weak overall, would be better to hold it with a SL at 4890
rishu Says:
May 14th, 2012
Posted at: 7:09 pm
thank u kartik
CARE Says:
May 14th, 2012
Posted at: 7:34 pm
Hi CB, GEHi Vipin, very sorry to hear that ..For now don't trade too much .Stay with cash ..And in july buy a few CE's after asking CB/SM/ KB..You will make gains .Best of luck
SUBHASHIS Says:
May 14th, 2012
Posted at: 7:48 pm
Hi Kartik, Kwality has posted a very good result in this quarter. It has beaten down from 200 level. But from 30/- level it has started moving up again. I want to enter this stock at CMP. What is your advice in this regard.
Kartik Says:
May 14th, 2012
Posted at: 7:54 pm
Hi rishu, most welcome
Hi CARE, GE
Hi SUBHASHIS, the stock had rallied quite a lot in the past few years, has been seeing consolation lately, avoid making fresh entries in it yet, wait for some time
nasrin Says:
May 14th, 2012
Posted at: 8:31 pm
can i enter hindalco ..@ cmp .........
sona Says:
May 14th, 2012
Posted at: 8:34 pm
Hi kartik...holding LT 1200 CE at 35...will it touch 40 level 2moro as the result came out well than expected
abraham Says:
May 14th, 2012
Posted at: 8:43 pm
thanks kartik sir
SM Says:
May 14th, 2012
Posted at: 8:57 pm
Hi CB, Kartik, Good evening :)
Hi Gitanjali, GE. I'm really sorry. Please accept my apology. I should have never told you to go for Cardamom 1st month contract. The expiry date of that, is 15th May 2012. Hence there was very low volume and traders shifted to the next month's contract. I told to short on a bounce with SL of 1350, or to go short once 1280 is broken. Well, 1280 was never broken and on a bounce if you did go short, the SL was triggered. Again, sorry for that. My mistake...
Kartik Says:
May 14th, 2012
Posted at: 8:59 pm
Hi nasrin, no, it looks weak
Hi abraham, most welcome
Hi SM, GE
StockGuru Says:
May 14th, 2012
Posted at: 9:15 pm
Thanks Kartik Sir.