Quotes with Resistance & Support
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Intraday calls for 19-01-11

Posted on: January 19th, 2011 at 8:27 am

Markets likely to open flat, support for Nifty at at 5640, resistance at 5860

Buy Petronet at 130, Target: 135, SL 126

If Markets shows some weakness during the day, go short on ABGSHIP for a target of 362 – (book profits at 364.50)

Nifty Index/Future Live Chart with RSI and MACD – Click to view

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693 Responses

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  1. Raj Gupta Says:
    January 19th, 2011
    Posted at: 11:29 am

    sir petronet is coming down can it see 136 again in intraday ? i bought only for today @ 134 .


  2. Kartik Says:
    January 19th, 2011
    Posted at: 11:30 am

    Hi Vipul, yes, looks good. can see 58 in coming days.


  3. Kartik Says:
    January 19th, 2011
    Posted at: 11:31 am

    Hi ARIJIT, ok. one can short at cmp. nifty is seeing some selling pressure come in

    Hi Mahe, hold it. can see 1170

    Hi Raj Gupta, yes, hold it . looks good.


  4. Sunil Rao Says:
    January 19th, 2011
    Posted at: 11:31 am

    LOL, ORCHIDCHEM


  5. Geethika Says:
    January 19th, 2011
    Posted at: 11:31 am

    book orchi chem 306


  6. ani Says:
    January 19th, 2011
    Posted at: 11:31 am

    Hi Geethika,

    i thought abt to enter into lic housing finance 170 call @1.90...but kartik told me no...

    now ahead of the earnings its nw 5%....plz advice any call or put fr jan or feb series within rs 2.5k range...

    6100 call @13...hold fr nw...waiting to it cross the 13 mark..

    regds


  7. Tejas Says:
    January 19th, 2011
    Posted at: 11:31 am

    Hi Kartik, Sir any nifty call for today ?


  8. manoj Says:
    January 19th, 2011
    Posted at: 11:31 am

    neeeeeeeeed advice on tata motorss


  9. Kartik Says:
    January 19th, 2011
    Posted at: 11:32 am

    Hi Geethika, thanks

    Hi Tejas, no, not yet.


  10. Kartik Says:
    January 19th, 2011
    Posted at: 11:32 am

    Hi manoj, it has strong support lower near 1150-1160 levels. don't enter at cmpo


  11. NKs Says:
    January 19th, 2011
    Posted at: 11:32 am

    Dear Kartik,

    M & M finance is now @ 648/- pls. suggest SL and can i hold this for tomorrow for 670/- tgt?


  12. ganesh Says:
    January 19th, 2011
    Posted at: 11:32 am

    any hopes for crestain to reach 72 today....


  13. ARIJIT Says:
    January 19th, 2011
    Posted at: 11:32 am

    Hi Kartik,
    ok, thanks a lot, what tgt shd i look for?


  14. Kartik Says:
    January 19th, 2011
    Posted at: 11:33 am

    Hi NKs, keep sl at 642. no, dont keep till tomorrow.


  15. Kartik Says:
    January 19th, 2011
    Posted at: 11:33 am

    Hi ganesh, no, not sure about it

    Hi ARIJIT, most welcome. can see 243


  16. Mahe Says:
    January 19th, 2011
    Posted at: 11:36 am

    Hi Kartik,

    Hi Kartik,

    Will it touch 1170 today itself or I have to wait till the expiry?

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