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. Aman Says:
    May 18th, 2010
    Posted at: 11:04 pm

    CB which is a bettr bet for 1,2 months for 20,30% return-KLGSYSTEL,VLSFIN,KGL,KILPEST INDIA..


  2. CALCULUS Says:
    May 18th, 2010
    Posted at: 11:05 pm

    infinite,federalbnk,optocircut,essarship,sparc & centralbnk...
    CB/KARTIK please suggest 2-3 of avobe for tomorrow's intraday with target.


  3. Shipra Says:
    May 18th, 2010
    Posted at: 11:09 pm

    Hi CB/Kartik...i have a lot of Cipla ...Do u think I should hold it till expiry if it can see 325 before expiry ...looking at the market conditions and unstability ...still shld i hold it till expiry?...i am very confused..plz guide...


  4. Kartik Says:
    May 18th, 2010
    Posted at: 11:16 pm

    Hi Akash, it would be better to wait for 2-3 days and let the Markets settle, you may enter Shree Ganesh Jewellery around 120 for Short term

    Hi Sachin, it can see 722 tomorrow if we see some recovery

    Hi stalin, Whirlpool of India might see some profit booking tomorrow, dont enter it yet, book profits in Zandu Realty Ltd on any rise, it looks a weak bet fundamentally

    Hi indian, no, dont enter SesaGoa yet, wait for some more time

    Hi CALCULUS, Opto Circuits (India) Ltd can see 240 tomorrow, others are likely to trade flat

    Hi Shipra, yes, it can see some recovery in the coming days, hold it for some more time

    Hi Aman, as of now KLG Systel Ltd looks strong, it can see 140 in Short term

    Hi indian, Opto Circuits (India) Ltd can see 240 tomorrow, you may enter it with a SL at 230


  5. ARIJIT Says:
    May 18th, 2010
    Posted at: 11:22 pm

    HI CB/KARTIK,
    PLS HELP ME TO UNDERSTAND....I AM VERY NEW IN THIS FIELD.
    SUPPOSE IF I SELL A CALL IN OPTION, SAY JUNE 5300 CALL , HOW LONG CAN I HOLD MY POSITON?


  6. Sandip Says:
    May 18th, 2010
    Posted at: 11:34 pm

    Hi kartik sir can i buy cairn @cmp or entrey lavle?


  7. pankaj Says:
    May 18th, 2010
    Posted at: 11:34 pm

    According to reports Jai Balaji has been approached by foreign buyers for equity sale, do u think its a buy for short term for a positive news?? thanx.


  8. indian Says:
    May 18th, 2010
    Posted at: 11:35 pm

    Hi Kartik/CB,
    you people are doing such a nice job, u are helping us by giving trading ideas which has helped me a lot. i have made some profit with the help of ur guidance. thank u very much. good night..


  9. CALCULUS Says:
    May 18th, 2010
    Posted at: 11:36 pm

    THANKS KARTIK...
    GOOD NIGHT


  10. pankaj Says:
    May 18th, 2010
    Posted at: 11:41 pm

    bot dalmia cement abt 10 days back @ 267/-, now abt 15% down, pls tell strategy for it? thanx.


  11. suzane Says:
    May 19th, 2010
    Posted at: 12:29 am

    Hi Kartik, why dint ya replied to my querry posted at 6:57pm .. Plz help and reply on it..


  12. CB Says:
    May 19th, 2010
    Posted at: 12:59 am

    Hi ARIJIT, all options trades need to be closed before last thrusday of the month which is expiry

    Hi Sandip, it has good support at 280.. one can enter on dips around 280-285

    Hi pankaj, it has strong support at 200. if holds onto it, can head upto 240

    Hi indian, you are always welcome.. Good night..

    Hi CALCULUS, most welcome.. Good night.

    Hi pankaj, it has strong support at 210-215. can see some bounce from here.

    Hi suzane, eck has good support at 135. if holds onto it, can head upto 148


  13. HITESH Says:
    May 19th, 2010
    Posted at: 1:10 am

    hi cb wht abt market tom


  14. CB Says:
    May 19th, 2010
    Posted at: 1:13 am

    Hi HITESH, likely to open flat.


  15. bharat khemani Says:
    May 19th, 2010
    Posted at: 1:16 am

    sell rolta with sl. 170


  16. HITESH Says:
    May 19th, 2010
    Posted at: 1:17 am

    can we buy nifty

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