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. ReddySWAMI Says:
    August 17th, 2010
    Posted at: 6:17 pm

    kartik sir when will the rally of uco bank stop going up from 80 levels


  2. vishnu Says:
    August 17th, 2010
    Posted at: 6:19 pm

    Karhik
    I am holding FCS [email protected], even after good results this share is again going down. how long I should hold them to book profit.


  3. ReddySWAMI Says:
    August 17th, 2010
    Posted at: 6:23 pm

    and kartik sir how will allahbad bank perform tomorrow


  4. Anil Says:
    August 17th, 2010
    Posted at: 6:25 pm

    GE Karthik,

    Holding IDFC, HINDALCO and CAIRN puts and UNITECH call in almost 80% loss. IDFC, HINDALCO and CAIRN going up and UNITECH going down. Can I get my price back before expiry??


  5. Rahul Says:
    August 17th, 2010
    Posted at: 6:34 pm

    Hi Kartik,
    I bought NALCO Aug Fut @ 442,should i Hold or Exit?


  6. suzane Says:
    August 17th, 2010
    Posted at: 6:37 pm

    Hi Kartik, how was the closing of Bayercrop and godrejind ??

    After making a low of 952 .. bayercrop made itself to closing above its closing , so can it be considered strong ??

    Can i expect 4-5% upmove tommorow in them if global market remains flat ??

    Whats ur target in both for tommorow ??


  7. a.shanmugam Says:
    August 17th, 2010
    Posted at: 6:46 pm

    hai karthik what is reson down in andhra cement?
    i am hold in [email protected] pls. tell me a shorterm target


  8. Kartik Says:
    August 17th, 2010
    Posted at: 6:51 pm

    Hi ReddySWAMI, yes, most of the Bank stocks have been seeing fresh buying interest coming in from the past few days, the rally was also strengthened by strong results for SBI, it unlikely to cross 116, hold it

    Hi vishnu, yes, not sure, but it seems to see large amounts of selling pressure, hold it for 3-4 months time, its likely to do well

    Hi Anil, hold Unitech for some more time, its likely to do well, IDFC, HINDALCO and CAIRN can see some downside

    Hi Rahul, Metal stocks might take some to recover, as the prices of Precious metals have been increasing, if possible hold it for 3-4 months time

    Hi suzane, the closing seemed strong, they can add another 2-3% tomorrow if Markets show some upmove

    Hi a.shanmugam, Cement stocks have been trading weak, it might take some time to see some upmove, hold it for a months time


  9. S.MAHESH Says:
    August 17th, 2010
    Posted at: 7:01 pm

    Hi Kartik,
    GE, how r u ?


  10. prashant Says:
    August 17th, 2010
    Posted at: 7:01 pm

    Good Evening Sirji

    Panoramic universal has board meeting on 25th it says Audited results and Dividend,

    Does it mean that they may give Dividend?

    Thank you


  11. LEO Says:
    August 17th, 2010
    Posted at: 7:02 pm

    Hi Kartik,

    Tgt for MRPL in a week .....


  12. Kartik Says:
    August 17th, 2010
    Posted at: 7:04 pm

    Hi prashant, The board meeting of Panoramic Universal will be held on 25 August 2010 to consider and approve the audited financial results of the company for the financial year ended 31 March 2010 and to recommend dividend, if any. Note the last 2 words, they may dividend

    Hi LEO, it can see 82 in the coming days

    Hi S.MAHESH, GE, fine, hope you too doing well, thanks


  13. S.MAHESH Says:
    August 17th, 2010
    Posted at: 7:10 pm

    Hi LEO,
    given The 10 Days Simple Moving Avg. has crossed the 20 Day's Simple Moving Avg. from Below{+VE BreakOut } and looks good as long as it trades above 79.


  14. S.MAHESH Says:
    August 17th, 2010
    Posted at: 7:11 pm

    Hi Kartik,
    yes besides old age problems all is very good no room for complaints.


  15. S.MAHESH Says:
    August 17th, 2010
    Posted at: 7:15 pm

    Hi Kartik, Buy DEVIKA PROTEINS LTD - BSE Code: 531171 looks good for medium term delivery and REIAGROLTD for long term.


  16. Bull Says:
    August 17th, 2010
    Posted at: 7:15 pm

    Hi Kartik,
    I am feeling like missing the bus in Uco Bank, it is on my radar since it was in 78. within august itself it ran from 100 to 114 today.. Could you please tell if I can still buy 1 lot tomorrow , for holding till expiry , and what is upside still left in it..

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