Quotes with Resistance & Support
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Intraday calls for 17-08-10

Posted on: August 17th, 2010 at 8:21 am

Markets likely to open flat. Resistance for nifty is at 5500 and support at 5350.

Buy EIH Ltd at 135, Target: 142, SL: 131

2:55pm: hold EIHOTEL for 2-3 days time, looks strong Technically, it can add 5-7%, maintain the same SL

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522 Responses

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  1. sudheer Says:
    August 17th, 2010
    Posted at: 11:26 pm

    Hi Karthik, what is the short term target for Firstsource? Thanks in advance


  2. ABHI Says:
    August 17th, 2010
    Posted at: 11:34 pm

    ok kartik sir..thnx..among unitech, Dish tv, century textile, biocon, ifci which one looks best to u in futures which i can enter tomorrow and can give decent returns by expiry or may be befor that..
    ur advice is needed for the best and safe script among them..?
    thanks again...


  3. pammy Says:
    August 17th, 2010
    Posted at: 11:36 pm

    hello kartik, should I hold utam steel, I've purchased it @ 134 longback... can is there any resistance point above 145 or so ?


  4. arun bj Says:
    August 17th, 2010
    Posted at: 11:40 pm

    hi thanks kartik . Dish tv run up 55% last two months . . Can i enter tomo. . As per your suggesion . .I bought mmtc at 1390 . . What is exit price for rcf. . . . I am holding at 82


  5. tribhuwankumar Says:
    August 18th, 2010
    Posted at: 12:04 am

    hi kartik GM,
    i want to invest 50 thousand rupees in market for 3 months. where to invest for more profit?


  6. Anil Says:
    August 18th, 2010
    Posted at: 12:11 am

    Karthik,

    DJ trading very strog. Wt to do with IDFC, HINDALCO and CAIRN puts?? Will trade flat to -ve or go up with markets??


  7. nilu Says:
    August 18th, 2010
    Posted at: 3:34 am

    hey is is good to invest in dish tv tomoro for intraday


  8. KP Says:
    August 18th, 2010
    Posted at: 4:56 am

    Hi karthik,

    I am planning to buy the following stocks.. wat do u suggest.. i want to invest 1Lac in them
    1.BajaJ Hindustan
    2.ReiAgro
    3.Satyam
    4.RNRL
    5.Suzlon
    6.NTPC
    if you have any other shares for 6-1 year time pls let me know


  9. LEO Says:
    August 18th, 2010
    Posted at: 6:47 am

    Hi Kartik,

    Good Morning ............

    Any hope of touching 5500 by today ............


  10. pankaj Says:
    August 18th, 2010
    Posted at: 6:47 am

    gm kartik. how diamond power look to u fundamentally & technically ? can it give upmove to 350 levels in medium term as some analysts sayin ?? thanx.


  11. Kartik Says:
    August 18th, 2010
    Posted at: 8:07 am

    Hi zsagar, thanks

    Hi sudheer, it can see 30 in the short run

    Hi ABHI, IFCI and Dish Tv looks good

    Hi pammy, yes, it faces strong resistance around 142-144, a close above this, can take it to 160+ in the short run

    Hi tribhuwankumar, at current levels you may buy some of Balmer Lawrie, Confidence Petro for Short/Mid term

    Hi Anil, keep a tigth SL ta 170 for Hindalco, and 62.50 for IFCI, lets wait till Markets opens up

    Hi nilu, yes

    Hi KP, dont enter RNRL and Satyam yet, other look strong for Mid/Long term, you may also consider entering Balmer Lawrie, Confidence

    Hi pankaj, yes, it looks good for Short term


    Hi LEO, cant be sure, but likley to open gap up by 40-50 points


  12. anu Says:
    August 18th, 2010
    Posted at: 8:20 am

    Hi Kartik,

    How much JP Asso will be able to see today, should i exit at CMP, not sure will it go down further. I am currently in huge loss. Kindly advise pls.

    Thanks,


  13. LEO Says:
    August 18th, 2010
    Posted at: 8:24 am

    Hi Kartik,

    Jindalstel @ 660 lvl - can we go long for tgt 675 in a day ..........


  14. pratik Says:
    August 18th, 2010
    Posted at: 8:24 am

    hi kartik gm...
    can i enter into one lot of vijaya bank futures at opening for some gain ?
    i know it has run up a lot but is there still a scope in it to rise 2 3 rs ?
    pls advice ?


  15. irfan Says:
    August 18th, 2010
    Posted at: 1:40 pm

    hi karthik....unitech is goin down and down....is there any chance of it hitting 90....i hold 18 lots of call@90 at an average of 1.15....i am in huge loss...pls suggest me what to do...till when can i hold on it...

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