Quotes with Resistance & Support
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Intraday calls for 16-07-10

Posted on: July 16th, 2010 at 8:20 am

Markets likely to see a flat opening. Support for nifty is at 5360 and resistance at 5420.

Buy Ashok Leyland Ltd at 71.40, target:74. Stoploss: 69.

Trade in small quantity.

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835 Responses

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  1. LEO Says:
    July 16th, 2010
    Posted at: 12:49 pm

    Hi Kartik,

    What we can expect today for HDIL ...Holding @ 264(july)


  2. Kartik Says:
    July 16th, 2010
    Posted at: 12:50 pm

    Hi shiva, Ashok can do well once above 71, BOB can see 738


  3. Kartik Says:
    July 16th, 2010
    Posted at: 12:50 pm

    Hi LEO, it can see 268


  4. LEO Says:
    July 16th, 2010
    Posted at: 12:51 pm

    Ok Kartik,


  5. Ravi Says:
    July 16th, 2010
    Posted at: 12:52 pm

    I have shorted ngr constructions, avg price is 180.50, now it is 182, will it go down today or better to exit


  6. NITHIN Says:
    July 16th, 2010
    Posted at: 12:52 pm

    hi Kartik, shld i sel/buy DCHL CMP


  7. Ani Says:
    July 16th, 2010
    Posted at: 12:52 pm

    thanks kartik.


  8. kanifb Says:
    July 16th, 2010
    Posted at: 12:53 pm

    Hi Kartik. Marico bought 4000 at 126. Trading at 127. High of 127.90. Volume of 1 lacs. What do you suggest


  9. DM Says:
    July 16th, 2010
    Posted at: 12:54 pm

    Hi Kartik, Have bought Exide @ 135, What's your view


  10. a.shanmugam Says:
    July 16th, 2010
    Posted at: 12:55 pm

    hai karthik gm.i am hold in assamco [email protected] give me a shot termtarget


  11. balu Says:
    July 16th, 2010
    Posted at: 12:55 pm

    Hello Kartik/CB sirs,

    Gud Noon. I hv some Tvs Motor shares @ 123/ level. How many days would
    it take to reach my purchase rate or should I book losses n invest in some
    other scrips.


  12. Kartik Says:
    July 16th, 2010
    Posted at: 12:56 pm

    Hi Ravi, keep a SL at 183.50 and hold it for some time

    Hi NITHIN, dont enter it yet

    Hi kanifb, it would be better to hold it for 2-3 days time, since Markets also seem to trade strong

    Hi DM, it can see 142 in 2-3 days time


  13. Shereef Says:
    July 16th, 2010
    Posted at: 12:57 pm

    Hi Karthik,
    Shorted HINDALCO at 150.80. Should I hold and exit ?


  14. kanifb Says:
    July 16th, 2010
    Posted at: 12:57 pm

    Kartik. What target do you expect for MArico in coming 2-3 days.


  15. Kartik Says:
    July 16th, 2010
    Posted at: 12:58 pm

    Hi a.shanmugam, its a good bet fundamentally, hold it for a target of 25+ in 3-4 months time

    Hi balu, it faces strong resistance at 122, a close above this can take it to 130+ levels, hold it for a weeks time


  16. Kartik Says:
    July 16th, 2010
    Posted at: 12:59 pm

    Hi Shereef, hold it with a SL at 152

    Hi kanifb, around 132

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