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. Kartik Says:
    October 17th, 2012
    Posted at: 8:55 am

    Hi Avisek, arss looks weak overall, avoid it, Shree Renuka has been trading in a a range of 34-36, a breakout either ways is awaited


  2. deepak7791 Says:
    October 17th, 2012
    Posted at: 8:57 am

    Karthik

    Please answer

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


  3. MK Says:
    October 17th, 2012
    Posted at: 8:57 am

    GM Kartik 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


  4. JAI Says:
    October 17th, 2012
    Posted at: 8:57 am

    HELLO SIR
    PLZ UR VIEW ON BANKINDIA AND SINTEX

    SHALL I SELL @ 310 BANK INDIA AND @75 SINTEX
    PLZ SUGGEST


  5. Kartik Says:
    October 17th, 2012
    Posted at: 8:59 am

    Hi deepak7791, sorry, it posted lower results http://www.dnaindia.com/money/report_mindtree-net-falls-19pct-as-forex-losses-mount_1753234 would be better to avoid it

    Hi MK, can give a bounce upto 1420 in 3-4 days, keep a SL at 1370 (its a very volatile stock)

    Hi JAI, enter a PE to hedge Bankindia, below 300 it looks weak, hold SIntex for some more time


  6. Ranganadh Says:
    October 17th, 2012
    Posted at: 8:59 am

    good morning Guru.....


  7. Akash Says:
    October 17th, 2012
    Posted at: 9:00 am

    Hi MK, How many yuou have? If you have in good number (10 or more), hod it for long term.. It is double candidate or even triple in long term... In short term we may see 25-30 Rs. jump easily


  8. Payal Says:
    October 17th, 2012
    Posted at: 9:01 am

    Hi CB,
    I have tata steel at an ave price of 422, what to do, can v c these levels by this month end or not.


  9. JAI Says:
    October 17th, 2012
    Posted at: 9:01 am

    THANK YOU SIR


  10. Karan Sharma Says:
    October 17th, 2012
    Posted at: 9:01 am

    Hi Kartik,

    Can i sell DISH TV (Futures) @ CMP?


  11. pankaj Says:
    October 17th, 2012
    Posted at: 9:01 am

    Kartik What u Look on Hpcl ?


  12. Kartik Says:
    October 17th, 2012
    Posted at: 9:02 am

    Hi Payal, strong support at 405, if broken, hedge with a PE

    Hi JAI, most welcome

    Hi Karan Sharma, faces strong support at 75, dont go short on it yet

    Hi Ranganadh, Good morning


  13. Kartik Says:
    October 17th, 2012
    Posted at: 9:02 am

    Hi pankaj, its nearing its strong support of 295-300, if broken, could see lower levels ahead


  14. Kartik Says:
    October 17th, 2012
    Posted at: 9:03 am

    Hi Akash, hold them for some time, book once you get 15-20%, avoid waiting for higher targets as they could see profit booking


  15. taj Says:
    October 17th, 2012
    Posted at: 9:04 am

    whats ur view on nifty index


  16. pankaj Says:
    October 17th, 2012
    Posted at: 9:05 am

    u mean if its broken 295 i wall must exit in this stock . ?

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