Quotes with Resistance & Support
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Intraday calls for 17-06-11

Posted on: June 17th, 2011 at 8:30 am

Markets likely to open flat, support at 5370

Buy Apollo tyres at 75.40, Target: 77.50, SL 74

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558 Responses

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  1. Das Says:
    June 17th, 2011
    Posted at: 8:41 am

    GM


  2. harry Says:
    June 17th, 2011
    Posted at: 8:41 am

    Hi Kartik, but it as closed below the 140 support yesterday


  3. sanzy Says:
    June 17th, 2011
    Posted at: 8:41 am

    hi GM,
    have a good day...

    shall i enter SBI around 2200 levels for a tgt of 2225...


  4. Kartik Says:
    June 17th, 2011
    Posted at: 8:42 am

    Hi Stalin, GM, can add another 10-15rs if we see some recovery in markets


  5. Kartik Says:
    June 17th, 2011
    Posted at: 8:42 am

    Hi harry, Yes, it might take some time to recover

    Hi sanzy, no, dont enter it yet


  6. AJ Says:
    June 17th, 2011
    Posted at: 8:42 am

    Kartik,
    My query plzz


  7. nv Says:
    June 17th, 2011
    Posted at: 8:44 am

    Can we see any upward movement in nifty or will it remain flat ?


  8. Sam Says:
    June 17th, 2011
    Posted at: 8:44 am

    Hi Kartik, you missed my query at 8:37. Please let me know


  9. dak Says:
    June 17th, 2011
    Posted at: 8:44 am

    Kartik, GM. holding 2 lots nifty july futures, currently in huge loss. Do you expect nifty to go up to 5650 at least by july expiry ? If yes, I'll continue to hold, else I'll exit on some good bounce. Please advise.


  10. Kartik Says:
    June 17th, 2011
    Posted at: 8:44 am

    Hi AJ, hold it with a Sl at 126, faced support at 130


  11. Kartik Says:
    June 17th, 2011
    Posted at: 8:45 am

    Hi Sam, sorry, Timken 226, GMDC can see 148

    Hi nv, seems we might trade flat

    Hi dak, not sure of 5650, but we could give a bounce of 50-100 pts from current levels, if we break 5380, enter Put to hedge


  12. Stalin Says:
    June 17th, 2011
    Posted at: 8:46 am

    ok buddy thanks,how abt BF Utilities


  13. shiva Says:
    June 17th, 2011
    Posted at: 8:47 am

    can i buy punj lyod for short term...stoploss?


  14. Kartik Says:
    June 17th, 2011
    Posted at: 8:47 am

    Hi Stalin, BF looks weak technically below 750


  15. arun bj Says:
    June 17th, 2011
    Posted at: 8:47 am

    cb can i enter 5500 call nifty . . If nifty hold 5370 . . Already holding 5600 call at 30 rs . Its trading now . At 15 rs


  16. sanjeev Says:
    June 17th, 2011
    Posted at: 8:48 am

    hi kartik/tejas good morning. does gvk power looks good

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