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. Gitanjali Says:
    August 17th, 2010
    Posted at: 12:35 pm

    Hi Kartik, ok .. not to worry.. thanks a lot


  2. VishalDel Says:
    August 17th, 2010
    Posted at: 12:35 pm

    Hi Karthik.. Do you see any correction of 200-250points in the coming days?


  3. Ravi Says:
    August 17th, 2010
    Posted at: 12:36 pm

    i have taken nagarjuna constructions at 160.90, what is the target for today, at what price can i place sell order...


  4. Kartik Says:
    August 17th, 2010
    Posted at: 12:36 pm

    Hi manmin, replied above

    Hi Gitanjali, most welcome

    Hi VishalDel, as of now we face storng support at 5350, below which we could see some more downside


  5. ganesh Says:
    August 17th, 2010
    Posted at: 12:36 pm

    Hi Kartik, bought lupin at 1807 for intraday what is the target


  6. RK Says:
    August 17th, 2010
    Posted at: 12:36 pm

    Hi Kartik,
    What levels can Arvind Mills see in the short term ? Is it a hold ?


  7. Kartik Says:
    August 17th, 2010
    Posted at: 12:36 pm

    Hi Ravi, NAGARCONST can see 165 today, hold it

    Hi ganesh, around 1820


  8. anu Says:
    August 17th, 2010
    Posted at: 12:37 pm

    Hi Kartik,

    Wht abt JP Asso, MLL & NAGA FERT Short term targets.

    Tnx


  9. Adarsh Says:
    August 17th, 2010
    Posted at: 12:37 pm

    Dear Karthik,

    Can I buy Indiabulls power at current levels ( @ 26.5)? Will it have good returns in long-term ? May be 7-10 years?

    I hold Alok Industries ( 1000 @ Rs.24 ), I had bought these with a long-term plan in mind. Again 7-10 years. Can you please confirm if the growth will be good?


  10. manmin Says:
    August 17th, 2010
    Posted at: 12:37 pm

    is today's move on fortis healthcare a breakout ?


  11. Akila Says:
    August 17th, 2010
    Posted at: 12:38 pm

    Kartik please tell me about Bartronics... bought at 132.5 today thinking low is over, but looks like i am wrong.... should i exit in intraday at small loss or hold for a few days as 132 seems a good price..


  12. HABI Says:
    August 17th, 2010
    Posted at: 12:38 pm

    hi kartik' ballarpur target please


  13. sekar Says:
    August 17th, 2010
    Posted at: 12:39 pm

    hi kartik ioc entry exit for a week


  14. rupal Says:
    August 17th, 2010
    Posted at: 12:40 pm

    Hi Kartik, is there any hope of Suzlon reaching 90-100 levels in 6 months or a year......


  15. Kartik Says:
    August 17th, 2010
    Posted at: 12:40 pm

    Hi manmin, it faces strong support at 128, hold it for some more time

    Hi manmin, yes, above 160 it looks strong

    Hi Adarsh, yes, you may enter India Bulls for Long term at CMP, it can give good returns, Alok Industries too is a strong bet for Long term


  16. Kartik Says:
    August 17th, 2010
    Posted at: 12:41 pm

    Hi HABI, around 37 in Intraday

    Hi rupal, cant be sure, it seems to trade weak, but in the Long run, its likely to do well

    Hi sekar, enter it around 380 for short term

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