Quotes with Resistance & Support
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Intraday calls for 16-10-12

Posted on: October 16th, 2012 at 8:17 am

Markets likely to open flat, support for Nifty at 5630 and resistance at 5750.

Buy Ranbaxy around 549, Target: 562, SL 540 – (Exit Ranbaxy if breaks 545)

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648 Responses

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  1. amit Says:
    October 16th, 2012
    Posted at: 8:58 am

    Hi jack holding short 520pe @ 3.8, my 43k margin blocked,can i expect hold r exit?


  2. Kartik Says:
    October 16th, 2012
    Posted at: 8:59 am

    Hi ruchit, most welcome

    Hi AJ, faces resistance at 135-140, above which can do well

    Hi Hiren Sutariya, continue to hold it for short term, can see 45


  3. Anil Says:
    October 16th, 2012
    Posted at: 8:59 am

    Hi Kartik, Holding RCOM 1 lot @ 62.5. Pls advise tgt for today.


  4. amit Says:
    October 16th, 2012
    Posted at: 9:00 am

    OH! jack awesome, just saw CB also gave ranbaxy buying call, surely expect 0.05 in 2-3 days


  5. ralan Says:
    October 16th, 2012
    Posted at: 9:03 am

    how about IVRCL and GMRINFRA. Is there any upside to infra stocks today. TATAMOTORS sales are down. Can i Short Tatamotors. Any advice please.


  6. Kartik Says:
    October 16th, 2012
    Posted at: 9:03 am

    Hi Anil, below 65 (cash) it looks weak, would advice to exit it on any rise


  7. Shiva Says:
    October 16th, 2012
    Posted at: 9:03 am

    what abt bajaj holdings? any good


  8. Prams Says:
    October 16th, 2012
    Posted at: 9:03 am

    HI KARTIK!THANX.


  9. SS Says:
    October 16th, 2012
    Posted at: 9:04 am

    Thinking for close short position and initiate long with sl 5630 on closing basis.


  10. Kartik Says:
    October 16th, 2012
    Posted at: 9:04 am

    Hi Shiva, faces strong support at 840, if it manages to hold 840 for another 3-4 days, could continue its uptrend


  11. Priyanka Says:
    October 16th, 2012
    Posted at: 9:05 am

    Hi amit, Instead of shorting the put,you could have bought a call and thus avoid the margin.Is there any advantage in shorting a put than buying a call?


  12. manmin Says:
    October 16th, 2012
    Posted at: 9:05 am

    hi kartik, good morning ,
    real time intraday charts not getting displayed in chartink.com ...any problem ?


  13. Kartik Says:
    October 16th, 2012
    Posted at: 9:05 am

    Hi manmin, GM, you can ask them for a trail at [email protected]


  14. shrikanth Says:
    October 16th, 2012
    Posted at: 9:06 am

    Hi CB, I have 30K to invest. Please suggest some good stock for short term.


  15. manmin Says:
    October 16th, 2012
    Posted at: 9:06 am

    thnx


  16. PK Says:
    October 16th, 2012
    Posted at: 9:07 am

    Hi karthik Sir,
    How is Reliance fo intraday
    Can we see good movement in it...
    Pls suggest...

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