Quotes with Resistance & Support
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Intraday calls for 17-09-12

Posted on: September 17th, 2012 at 8:27 am

Markets likely to see a gap up opening. Resistance for nifty is at 5625.

Sell Larsen & Tubro on rise.

1.20pm – Buy HDFC Bank at 611, target: 624. Stoploss: 600 (1-2 day hold)

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813 Responses

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  1. avik Says:
    September 17th, 2012
    Posted at: 10:19 pm

    Hi grilgates, but still the up or down acceleration or % is not fixed, it varies on volatility


  2. RT Says:
    September 17th, 2012
    Posted at: 10:21 pm

    hi kartik shall i hold dish tv for 2,3 days for target 83


  3. Som Says:
    September 17th, 2012
    Posted at: 10:28 pm

    Hi Kartik..holding nifty 5700 CE @ 28.65...your advice please?


  4. avik Says:
    September 17th, 2012
    Posted at: 10:30 pm

    Hi Kartik, should i book my losses in PE tomorrow?


  5. Kartik Says:
    September 17th, 2012
    Posted at: 10:43 pm

    Hi raj, most welcome

    Hi avik, hold them with a Sl at 5630-40 for 2-3 days, likely to see some profit booking on Nifty

    Hi Som, would be better to book tomorrow as we have rallied quite a lot in the past few days

    Hi RT, can be held with a sl at 76 for 2- days

    Hi cvrprakash, would be better to book in them toworrow on rise, they both look weak technically

    Hi Ani, hold it with a SL at 1570 for 2-3 days, LT can see some profit booking


  6. Rohit Says:
    September 17th, 2012
    Posted at: 10:56 pm

    is it ok to short LT now?


  7. ajit Says:
    September 17th, 2012
    Posted at: 11:08 pm

    I see a profit booking already started for present up move


  8. Sohan Says:
    September 17th, 2012
    Posted at: 11:16 pm

    Hello Kartik,

    Looks end of rally in US markets. Flat trading.

    Sohan


  9. cerulean Says:
    September 17th, 2012
    Posted at: 11:36 pm

    seen crude ?..MY OH MY!!!


  10. vishal Says:
    September 17th, 2012
    Posted at: 11:36 pm

    going to short larsen pretty agressively tommorow.


  11. suzane Says:
    September 17th, 2012
    Posted at: 11:49 pm

    Hi Kartik, i was shocked to see the price of PANTALOONS today after i booked profit at 153. I was holding 2800 quantity. Some 50 rupees from my sell price :(
    Anyways still holding SPARC at 82 level ... worried as its not showing any upmove in such a bull market... what target u suggest in it for tommorow ??


  12. Sohan Says:
    September 17th, 2012
    Posted at: 11:50 pm

    Hi cerulean, Yes watching.

    My trade in silver triggered SL.

    What are you trading ?

    Sohan


  13. RAVI Says:
    September 18th, 2012
    Posted at: 12:09 am

    hi kartik,holding orbit corporation @ 46 kindly suggest the tgt &sl


  14. CB Says:
    September 18th, 2012
    Posted at: 12:20 am

    Hi Rohit, yes, can test 1520

    Hi Sohan, yes, some profit booking/consolidation

    Hi cerulean, yes, down quite a bit

    Hi suzane, yes, did rally after FDI news. sparc is a hold for few days. pharma as of now is seeing some profit booking. likely to bounce back soon


  15. cerulean Says:
    September 18th, 2012
    Posted at: 12:21 am

    Hi Sohan, Did not trade to day ..Wanted to sell crude at a higher price ..
    Silver ... a few are expecting , 70k...
    If you were long , u cd have held on..
    Take care , everyone .. Best of everything .GN


  16. CB Says:
    September 18th, 2012
    Posted at: 12:21 am

    Hi RAVI, its a hold for short term. above 46 can head upto 51

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