Quotes with Resistance & Support
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Intraday calls for 14-12-09

Posted on: December 14th, 2009 at 9:23 am

Markets likely to open slightly lower. Nifty has strong support at 5050.

If markets show recovery later during the day, buy:
Buy Nelcast at 64-64.85, target: 67.50. Stoploss: 63
Buy Bajaj Auto at 1710-1725, target: 1755. Stoploss: 1700

Trade in small quantities.

1.38pm – buy BALMER LAWRIE & CO LTD at cmp 550, target: 565. Stoploss: 542

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487 Responses

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  1. airbites Says:
    December 14th, 2009
    Posted at: 3:29 pm

    Kartik/CB - I want to trade BTST, but it takes around 3 days for the shares to appear in my DP Account...

    Is their a way to get the delivery of the shares next day? How to actually trade BTST ?


  2. Kartik Says:
    December 14th, 2009
    Posted at: 3:29 pm

    Hi Bapan, its a good bet for Mid term, hold it

    Hi LP, dont enter it

    Hi yellappa, no

    Hi nb, yes, FII's made a selling in it today, if you are a swing trader keep it with a SL at 5080 on Nifty and hold it


  3. Kartik Says:
    December 14th, 2009
    Posted at: 3:30 pm

    Hi airbites, it depends on your broker, if you trade with ICICI direct then it require 3 days or so, try using Religare or Reliance


  4. Subramania siva Says:
    December 14th, 2009
    Posted at: 3:34 pm

    Hi CB,
    What is the target of FCS software this week?


  5. sunitha Says:
    December 14th, 2009
    Posted at: 3:35 pm

    Hi Kartik
    What is the target for Vishal Info this week? will it reach 20 levels?


  6. Kartik Says:
    December 14th, 2009
    Posted at: 3:36 pm

    Hi Subramania siva, around 17

    Hi sunitha, it can see 18 levels in this week


  7. zooooo Says:
    December 14th, 2009
    Posted at: 3:37 pm

    it is to easy trade stbt and btst....yp depends on broker


  8. Chida Says:
    December 14th, 2009
    Posted at: 3:38 pm

    Hi Kartik,

    BOT HCLTECH @ 358
    Now @ 342
    On huge losses.

    What to do?
    Pls advise.


  9. Kartik Says:
    December 14th, 2009
    Posted at: 3:38 pm

    Hi Reddy, its 10 mins late here


  10. Kartik Says:
    December 14th, 2009
    Posted at: 3:39 pm

    Hi Chida, HCL Tech is a strong company fundamentally, hold it for Mid term ,say 8-10 months time, it can see 450+ levels


  11. nb Says:
    December 14th, 2009
    Posted at: 3:40 pm

    Hi Kartik, Thank you.


  12. ani Says:
    December 14th, 2009
    Posted at: 3:42 pm

    hai karthic what is ur target price for the following stocks this week. electrosteelcastings@48, chambal fertilizer,unitech,rnrl,3i info,bajajhind,hotel leela . bcause already iam in debt.pl i want the target 4 each stock .


  13. SWAPNIL Says:
    December 14th, 2009
    Posted at: 3:42 pm

    HI KARTIK CAN U JUST MAIL ME INTRADAY UPDATES ON MY EMAIL IF POSSIBLE FOR U..........


  14. PrazY Says:
    December 14th, 2009
    Posted at: 3:44 pm

    Hi Kartik, Suggest me a broker with low brokerage charges and best for online trading. Thanks in advance.


  15. kiran Says:
    December 14th, 2009
    Posted at: 3:51 pm

    hi karthik,

    can i buy nelcast ltd now?


  16. PrazY Says:
    December 14th, 2009
    Posted at: 3:54 pm

    Hi Kartik, Suggest me a broker with low brokerage charges and best for online trading. Thanks in advance.

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