Quotes with Resistance & Support
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Intraday calls for 17-10-12

Posted on: October 17th, 2012 at 8:19 am

Markets likely to open higher, support for Nifty at 5630 and resistance at 5750.

Buy Autoline Industries around 198, Target: 206, SL 192
(trade in small quantity)

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649 Responses

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  1. Naren Says:
    October 17th, 2012
    Posted at: 8:37 am

    Hi Sona...

    NSE code for autoline ind . AUTOIND


  2. John Says:
    October 17th, 2012
    Posted at: 8:38 am

    Hi Kartik, any stock future to short or long for today sir ?


  3. Sona Says:
    October 17th, 2012
    Posted at: 8:38 am

    Hi Kartik, Hi Naren, thanks both of u..


  4. Akash Says:
    October 17th, 2012
    Posted at: 8:40 am

    Hi Kartik, GM. How many points we can open higher in Nifty. Also, will Unitech and Adani also opens around 5-6% higher and we can expect 29-29.5 in Unitech and 230-232 in Adani in today's trade??


  5. Kartik Says:
    October 17th, 2012
    Posted at: 8:40 am

    Hi Sona, most welcome

    Hi John, nothing on the short side for now

    Hi cvrprakash, Subex looks weak, avoid it, Burpur has rallied quite a lot, wait for a small dip in it before making fresh entries in it


  6. taj Says:
    October 17th, 2012
    Posted at: 8:41 am

    sir, im holding 5900 ce 11 lots if i will book loss no use sir. can i carry forward to next month its possible,if yes plz tell me in detail sir


  7. Kartik Says:
    October 17th, 2012
    Posted at: 8:41 am

    Hi Akash, around 20-30 pts, Unitech and Adani seem may trade flat, Large caps shall move first followed by small and mid caps


  8. MK Says:
    October 17th, 2012
    Posted at: 8:41 am

    GM CB / SR / KB Trader Sir :)

    Holding MCX @ 1406/-.
    Your views on it. Whether it will reach 1420/ or more in a week or so.
    What is the price expected by Oct end.

    Please guide


  9. Kartik Says:
    October 17th, 2012
    Posted at: 8:41 am

    Hi taj, would be better to hold with a SL at 5640


  10. John Says:
    October 17th, 2012
    Posted at: 8:41 am

    Hi Kartik, how about shorting tatasteel fut ? or caN I go long in tatasteel future ?


  11. Akash Says:
    October 17th, 2012
    Posted at: 8:45 am

    Hi Kartik, So shud I exit both and biy something else which can cover my loss.. Can I buy Exide IND 170 CE for target 4-5 in this expiry?


  12. deepak7791 Says:
    October 17th, 2012
    Posted at: 8:45 am

    Karthik

    What about Mindtree results, Was it good, Will the stock rally above 690 levels today, please suggest


  13. Manish Says:
    October 17th, 2012
    Posted at: 8:46 am

    Good Morning Kartik... Can I buy Reliance at this level for Intraday???


  14. NB Says:
    October 17th, 2012
    Posted at: 8:52 am

    Hi CB gudmorning..holding exide,it ralied alot yesterday..kindly suggest a target to exit??


  15. Avisek Says:
    October 17th, 2012
    Posted at: 8:54 am

    sir, good morning , should buy arss @cmp? how long can see upside in 1-2 month ? and ur view on shree renuka suger in 4-7 days ?


  16. Kartik Says:
    October 17th, 2012
    Posted at: 8:54 am

    Hi John, it can be shorted if it breaks 405 (strong support)

    Hi Manish, wait to see if it manages to sustain 805 today, support around 800-805

    Hi Akash, hold both of them for some time, lets wait to see how Markets react after opening

    Hi NB, book around 160

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