Quotes with Resistance & Support
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Intraday calls for 17-05-10

Posted on: May 17th, 2010 at 8:26 am

Markets likely to see a gap down opening. Support for nifty is at 4980.

If markets show recovery later during the day, buy: Bharat Petroleum Corporation Ltd & Divis Laboratories Ltd

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619 Responses

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  1. vindi Says:
    May 17th, 2010
    Posted at: 2:49 pm

    hello karthik can u specify the stock in my list which i can enter @cmp


  2. Kartik Says:
    May 17th, 2010
    Posted at: 2:49 pm

    Hi shiva, Unitech, Tata steel, L&T and Unitech are strong bets

    Hi vindi, you may enter Unitech at CMP for 2-3 months time


  3. Ravi Says:
    May 17th, 2010
    Posted at: 2:49 pm

    Hi Kartik, as the market trend is downward for short term can I buy 4900 put at cmp


  4. Ankur Says:
    May 17th, 2010
    Posted at: 2:50 pm

    Hi Kartik,

    what should be the target of IFCI.I have bought it at 53 for this series.

    Cheers,
    Ankur


  5. Gitanjali Says:
    May 17th, 2010
    Posted at: 2:51 pm

    Hi Kartik, OK .. Which price can i enter... Is this good feeling of a recovery.... not likely to last ... is that yr observation plz?


  6. rashid Says:
    May 17th, 2010
    Posted at: 2:51 pm

    should i book profit in nifty fut............can i add more ,,whats stoploss now


  7. Kartik Says:
    May 17th, 2010
    Posted at: 2:52 pm

    Hi Ravi, dont enter PUT yet

    Hi Ankur, around 56 in this monthw


  8. Shipra Says:
    May 17th, 2010
    Posted at: 2:52 pm

    Hi Kartik...at what target should one exit from cipla may futures before expiry..i.e 27th may..?


  9. Kartik Says:
    May 17th, 2010
    Posted at: 2:53 pm

    Hi Gitanjali, not really, we might take a pause at 5050 for some time as of now, enter GSPL instead at CMP

    Hi Shipra, it can see around 325-330


  10. Kartik Says:
    May 17th, 2010
    Posted at: 2:54 pm

    Hi rashid, keep a tariling SL 15 points lower and hold it as of now


  11. raj Says:
    May 17th, 2010
    Posted at: 2:55 pm

    Karthik,

    Can i buy unitech for btst??? if yes then what level i should exit.


  12. Ankur Says:
    May 17th, 2010
    Posted at: 2:55 pm

    Thanks Kartik.


  13. Shipra Says:
    May 17th, 2010
    Posted at: 2:55 pm

    Hi Kartik...what target cipla futures can reach tomorrow..plz tell?


  14. Kartik Says:
    May 17th, 2010
    Posted at: 2:56 pm

    Hi raj, yes, you may enter it with a SL at 75, it can see 80 tomorrow

    Hi Ankur, most welcome


  15. Ravi Says:
    May 17th, 2010
    Posted at: 2:56 pm

    Ok Thanks Kartik, But should I book profit in 5000 call as it has reached 119. my buying is at 82


  16. sandeep Says:
    May 17th, 2010
    Posted at: 2:56 pm

    thanks kartik as u sujjested i m holding 5100 call@43 220 lot....can still se more upside or book profit nw...or take for 2marro...???

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