Quotes with Resistance & Support
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Intraday calls for 14-05-13

Posted on: May 14th, 2013 at 8:25 am

Markets likely to open flat. Support for nifty is at 5950. Resistance at 6020

If markets show weakness later during the day, sell: Sesa Goa.

10.10am – book profit in mphasis at 451.

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256 Responses

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  1. kb trader Says:
    May 14th, 2013
    Posted at: 8:58 pm

    Hi Kartik, Good evening


  2. ravinder Says:
    May 14th, 2013
    Posted at: 9:10 pm

    hi


  3. PK Says:
    May 14th, 2013
    Posted at: 9:21 pm

    All Asian and us markets r up, NASDAQ and dowjones r daily making new high
    Worry abt my puts on nifty


  4. PK Says:
    May 14th, 2013
    Posted at: 9:45 pm

    Hi Digant, Thnks a lot for guiding me, let's hope sir....


  5. Kartik Says:
    May 14th, 2013
    Posted at: 10:07 pm

    Hi ravinder, GE

    Hi PK, for now it seems we may open flat


  6. Ravichandran Says:
    May 14th, 2013
    Posted at: 10:15 pm

    HI CB/KARTIK/ROBOT/SR/SM/HAM/KB/SB/CERULEAN AND ALL GOOD EVENING.......:)

    HI CB WHATS VIEW ON L&T TOMORROW......CAN ENTER OR SHORT......THANKS.....


  7. Ashoka Says:
    May 14th, 2013
    Posted at: 10:26 pm

    Hi kartik sar now McDowell go long. What tg


  8. WELL PLAN Says:
    May 14th, 2013
    Posted at: 10:59 pm

    BUY ON DIP MCDOWELL RESULT ON 16 MAY POSSIBLE HIGHLY

    VOLATILE BOTH SIDE CASH RS.2222 SUPPORT BREAK THEN PANIC

    UPSIDE 2384 BREAK THEN UPSIDE


  9. WELL PLAN Says:
    May 14th, 2013
    Posted at: 11:05 pm

    After four weeks prolonged rally Nifty on the daily chart has formed strong bear candle erasing almost past five sessions
    gain indicating fastest retracement of the recent up move. It has formed a lower High-low formation indicating bearish bias.
    This profit booking represents a short term correction of the recent uptrend and this should be use as a buying opportunity.
    With current level Nifty has closed at the bullish gap area (5976-5982) support formed on 7th May which remains an
    immediate support. This is also coincides with short term 13 day EMA support at 5977 level. For the day if Nifty trades and
    closes below 5970 then it may drift further in the range of 5940-5925 levels. On the upside intraday resistance placed at
    6000-6030 levels.


  10. Sohan Says:
    May 15th, 2013
    Posted at: 12:25 am

    Hi kb trader, Are u back ???

    Sohan


  11. Vishal Says:
    May 15th, 2013
    Posted at: 7:45 am

    Hi Kartik, Sir. I already have Sun P 1020 CE (1 lot) and RCOM 120 CE (3 lots). Shuud I hold them for RCOM 120 CE target 5.5 and Sun P CE target 25-30 today?


  12. CB Says:
    May 15th, 2013
    Posted at: 8:03 am

    Hi Vishal, hold these for now. can test 116 and 980


  13. Shravan Says:
    May 16th, 2013
    Posted at: 4:20 pm

    Hi CB.
    Im holding DLF 260 CEs at 2 (11 Lots).
    What should be the game plan and how high it may go within 4-5 days.


  14. inder Says:
    May 16th, 2013
    Posted at: 9:19 pm

    i have bought relcapital ce 380 @ 10.80 what should i do


  15. Kartik Says:
    May 16th, 2013
    Posted at: 9:42 pm

    Hi Shravan, hold it with a SL at 235, 245-250 acts as its strong resistance levl, cone crossed it can do well in the short run

    Hi inder, it posted weak results, hold it wit ha SL at 362 (seems may open lower tomorrow)

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