Quotes with Resistance & Support
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Intraday calls for 14-12-11

Posted on: December 14th, 2011 at 8:31 am

Markets likely to open lower, support for Nifty at 4700, resistance at 4850

Buy Axis bank around 955, Target: 970, SL 945 – (book profit at 971)
(trade in small quantity)

11.17am – Sell GAIL (fut) at 386.30, target: 377. Stoploss: 395 (1-2 day hold) – (Book profits at 378.60)

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365 Responses

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  1. Akash Says:
    December 14th, 2011
    Posted at: 8:53 am

    Hi Kartik, Bcoz of low margin, I may not be able to buy. Let me see. If I cud buy then only one I can buy. BTW How is WelCorp in Intraday?


  2. Kartik Says:
    December 14th, 2011
    Posted at: 8:54 am

    Hi Revan, oh, its likely to open higher around 81 and see some profit booking, hold it with a Sl at 83 for 1-2 days

    Hi wajeed, enter if it manages to cross 132


  3. Kartik Says:
    December 14th, 2011
    Posted at: 8:54 am

    Hi Akash, WelCorp can see profit booking today


  4. Akash Says:
    December 14th, 2011
    Posted at: 8:59 am

    Hi Kartik, Ok. Then shud I try to buy Axis Bank around 950 for target 975?


  5. GOV Says:
    December 14th, 2011
    Posted at: 9:00 am

    Hi Kartik,gm.holding 4700PE, What to do?


  6. DJ Says:
    December 14th, 2011
    Posted at: 9:00 am

    Gm Cb
    how does arvind look on chart


  7. lalit Says:
    December 14th, 2011
    Posted at: 9:00 am

    Hi Good Morning Kartik
    How u look of tataMtrdvr for today


  8. anil Says:
    December 14th, 2011
    Posted at: 9:02 am

    karthik.............can we buy GRASIM intraday or for 3-5 days position for a target of 2550?plz give stoploss for it
    plz reply


  9. Kartik Says:
    December 14th, 2011
    Posted at: 9:02 am

    Hi lalit, can see 91.20

    Hi DJ, looks weak

    Hi GOV, hold with a SL at 4850

    Hi Akash, can be entered for a target of 970


  10. Akash Says:
    December 14th, 2011
    Posted at: 9:04 am

    Hi Kartik, Looks like it is going to open high. In that case shud I buy? Or can I buy 3500 PE also?


  11. Kartik Says:
    December 14th, 2011
    Posted at: 9:04 am

    Hi anil, can be entered with a SL at 2390


  12. viji Says:
    December 14th, 2011
    Posted at: 9:07 am

    can short nifty today?


  13. Kartik Says:
    December 14th, 2011
    Posted at: 9:07 am

    Hi viji, can be shorted if we break 4780


  14. Wayne Says:
    December 14th, 2011
    Posted at: 9:09 am

    Hi Kartik, How is GESHIP for intraday? tgt n sl?


  15. Deepak Says:
    December 14th, 2011
    Posted at: 9:10 am

    Hi KArthik

    Is there a possibility for Pantaloon to take a U turn and move upwards?

    Yesterday it fell sharply and recovered a bit. Can it see 180 levels? Have few at 180 levels. What should be the SL?


  16. Kartik Says:
    December 14th, 2011
    Posted at: 9:10 am

    Hi Wayne, above 220 looks good, keep a Sl at 218 if planning to go lon

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