Quotes with Resistance & Support
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Intraday calls for 18-05-10

Posted on: May 18th, 2010 at 8:20 am

Markets likely to see a flat opening. Support for nifty is at 4970 and resistance at 5090

Buy Sun TV Network Ltd at 437.30, target: 449. Stoploss:425. (trade in small quantities)

2.46pm – (1-2 day hold) – Buy Indraprastha Gas at 248, target: 260. Strict stoploss: 237

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687 Responses

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  1. Ankur Says:
    May 18th, 2010
    Posted at: 12:46 pm

    Thanks alot kartik for your guidance.


  2. Ravii Says:
    May 18th, 2010
    Posted at: 12:47 pm

    Okay ..thanks a lot Kartik


  3. Joseph Says:
    May 18th, 2010
    Posted at: 12:47 pm

    Hi Kartik, i had Ratnamani Metals at 126 .. shud i exit now at 133?


  4. Roze Says:
    May 18th, 2010
    Posted at: 12:47 pm

    Hi Kartik,

    Y TV18 is not doing anything in media sector, i stuck in it from last 6 month at price of 120. Is any chance to recover it in couple of months.


  5. pradip Says:
    May 18th, 2010
    Posted at: 12:47 pm

    hi kartik/cb
    can we enter into reliance put or call?? if yes then at what strike price?


  6. Saran Says:
    May 18th, 2010
    Posted at: 12:48 pm

    Hi CB,

    What wuld be the taget for UNITECH TODAY?


  7. preeti Says:
    May 18th, 2010
    Posted at: 12:49 pm

    Hi Kartik, cn ibreal see 172 in intraday??bgt it at 169 in the mornin..cmp is 168..
    also suggest exit price for fed bank??


  8. Kartik Says:
    May 18th, 2010
    Posted at: 12:51 pm

    Hi Ankur & Ravii, most welcome

    Hi Joseph, yes, book profits in it at CMP

    Hi pradip, you may enter 1100 CALL at CMP, with a SL at 5050(nifty Cash)

    Hi Saran, 78.50

    Hi Roze, it has been posting weak results for the last 2-3 quarters, hold it for some more time, it shall perform well


  9. kaushik Says:
    May 18th, 2010
    Posted at: 12:52 pm

    Good morning CB/kartik sir

    Sir i have reliance media 150 sahres at 485 from almost 2 years. When it will strat running? please advise sir.

    thanking you


  10. raj Says:
    May 18th, 2010
    Posted at: 12:52 pm

    Karthik,

    If i hold Jindal saw for 2 months what will be the target???


  11. Kartik Says:
    May 18th, 2010
    Posted at: 12:52 pm

    Hi preeti, yes, Federal bank is a Market mover, if Markets continue to recover it can see 307 in Intraday


  12. preeti Says:
    May 18th, 2010
    Posted at: 12:53 pm

    Hi Kartik, thank you


  13. Prashanth Says:
    May 18th, 2010
    Posted at: 12:53 pm

    Hi Kartik, I am holding 5100CE @104 ? can I hold it ?


  14. Kartik Says:
    May 18th, 2010
    Posted at: 12:53 pm

    Hi kaushik, the company has posted losses for the last 3 quarters, dont add more of it as of now, try to exit it on any rise

    Hi raj, 225


  15. Kb Says:
    May 18th, 2010
    Posted at: 12:53 pm

    Hi Kartik, karthik.. KTKBANK is good?? does it looks like brek out??


  16. Kartik Says:
    May 18th, 2010
    Posted at: 12:54 pm

    Hi Prashanth, yes, hold it for some more time

    Hi preeti, most welcome

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