Quotes with Resistance & Support
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Intraday calls for 16-04-13

Posted on: April 16th, 2013 at 8:28 am

Markets likely to open lower, support for Nifty at 5475 and resistance at 5620

Sell Axis bank around 1300, target: 1270, SL 1322 – (SL triggered in Axis bank)

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249 Responses

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  1. Kartik Says:
    April 16th, 2013
    Posted at: 8:47 am

    Hi VAN, GM, below 320 it looks weak, avoid it


  2. Vishal Says:
    April 16th, 2013
    Posted at: 8:48 am

    Hi Kartik, GM. Sir. I am holding Mcdowell 2150 CE, Sun Pharma 900 CE, INFY 2050 PE and 2550 CE and HCL 700 PE and 840 CE. Will USL see 2050+, Sun Pharma 880+ today? Also, wht is the target of INFY and HCL?


  3. Abhishek Says:
    April 16th, 2013
    Posted at: 8:48 am

    what is the outlook for TCS? can we short that in anticipation of any slide after the results?


  4. Kartik Says:
    April 16th, 2013
    Posted at: 8:49 am

    Hi Vishal, avoid entring random bets, for now, hold United spirits, Sun Pharma, as mentioend, avoid Infy for a few days its a risky trade, book in HCL on rise today

    Hi Abhishek, Yes, lets wait to see how its results are


  5. Vinit Says:
    April 16th, 2013
    Posted at: 8:50 am

    alryt....can you please suggest on the entry levels??


  6. Kartik Says:
    April 16th, 2013
    Posted at: 8:51 am

    Hi Vinit, can be longed around 5520 with a SL at 5470


  7. Bhushan Says:
    April 16th, 2013
    Posted at: 8:51 am

    Dear karthik,...plz inform few intraday options for the day...


  8. Karan Sharma Says:
    April 16th, 2013
    Posted at: 8:51 am

    Hi Kartik,

    Can i sell PTC India (Futures) @ CMP?


  9. Kartik Says:
    April 16th, 2013
    Posted at: 8:53 am

    Hi Bhushan, nothing new in options for now

    Hi Karan Sharma, yes, below 60 it looks weak


  10. Gk jivani Says:
    April 16th, 2013
    Posted at: 8:53 am

    Hi good morning today nifty level


  11. VAN Says:
    April 16th, 2013
    Posted at: 8:55 am

    sir what about YES BANK & BPCL for intraday?


  12. Kartik Says:
    April 16th, 2013
    Posted at: 8:56 am

    Hi Gk jivani, likely to trade in a range of 5500-5550

    Hi VAN, BPCL can be entered above 400 for a couple of days, avoid yes bank for now


  13. j k nambiar Says:
    April 16th, 2013
    Posted at: 8:57 am

    good morning and happy trading to all here. many thanks.


  14. epuus Says:
    April 16th, 2013
    Posted at: 8:57 am

    Hi Kartik,
    your views on IDFC and Tech Mahindra


  15. deepak7791 Says:
    April 16th, 2013
    Posted at: 8:58 am

    Good Morning Karthik

    Back after long GAP.

    Holding United Spirits bought at 2000+ levels 3 months back. Has just reached my cost price.

    Should i exit or continue to hold, If hold what is the target exit price and todays levels?


  16. ruchit Says:
    April 16th, 2013
    Posted at: 8:59 am

    why axis is short call?

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