Quotes with Resistance & Support
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Intraday calls for 19-04-10

Posted on: April 19th, 2010 at 8:30 am

Markets likely to see a gap down opening. Nifty has strong support at 5150.

If markets show recovery later during the day, buy: JSW Steel

Options – If Nifty manages to hold onto 5160-5170 for some time after opening, one can enter a 5100 call with strict sl at 5150 -(book profits at 148)

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510 Responses

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  1. Ravi Says:
    April 19th, 2010
    Posted at: 10:15 am

    Thanks Kartik, Also I have still not booked profit in 5300 put at 93. Should I hold as the market is weak or should I book profit?


  2. ABHIJITH Says:
    April 19th, 2010
    Posted at: 10:16 am

    Hii Karthik. Pls suggest intraday target for SELMANF


  3. rANGA Says:
    April 19th, 2010
    Posted at: 10:16 am

    good morning karthik. what is ur view on markets now.

    I have SREINTFIN at 92, RNRL at 64, Eveready Ind at 66,

    what to do with these stocks?? can i wait or come out?


  4. Kartik Says:
    April 19th, 2010
    Posted at: 10:17 am

    Hi ayem, hdil can see 320. hold it for some time. tata power may remain flat for now.

    Hi Anurag, support is lower at 5150.. for now seems to be hold onto 5150-5180


  5. Shads Says:
    April 19th, 2010
    Posted at: 10:17 am

    Thanks Karthik! I also have Reliace bought @ 1105 WHICH I AVGD @ 1075.. Should I avg it again @ cmp?


  6. sandeep Says:
    April 19th, 2010
    Posted at: 10:18 am

    kartik................can we buy BEL at current price as over the past 10-15 days its fallen abt Rs.400 from 2250 to 1850?


  7. kvr Says:
    April 19th, 2010
    Posted at: 10:18 am

    ONGC. Short or long.Which is better.


  8. mohit Says:
    April 19th, 2010
    Posted at: 10:18 am

    hi,
    Can i enter educomp nd kotak bank or any one of them @ cmp..looking to hold them for atleast a month with a target of 750..


  9. dm Says:
    April 19th, 2010
    Posted at: 10:20 am

    hi...

    any news for SESAGOA...!!

    why it is not moving up...? pls advice..!

    today it can see 475 level....?


  10. sunil Says:
    April 19th, 2010
    Posted at: 10:22 am

    hi karthik how does praj looks like wat is the support level


  11. Anurag Says:
    April 19th, 2010
    Posted at: 10:23 am

    ok Rami.. I will wait till 4950...


  12. sourabh Says:
    April 19th, 2010
    Posted at: 10:23 am

    I have Shree Ashtavinayak @ 13.5... What is the short term target


  13. nitin Says:
    April 19th, 2010
    Posted at: 10:23 am

    Hi Kartik, Can I buy JSW Steel now ?


  14. Kartik Says:
    April 19th, 2010
    Posted at: 10:24 am

    Hi ABHIJITH, around 68.50

    Hi Ravi, hold it. book around 5170-5180

    Hi rANGA, markets has support at 5150. for now they are a hold. if possible avg on dips

    Hi Shads, no, dont avg it yet. for now hold it

    Hi sandeep, yes, one can enter in small quantity

    Hi kvr, for now go long on any dip

    Hi dm, markets are seeing some selling pressure. today may remain a bit flat.


  15. Kartik Says:
    April 19th, 2010
    Posted at: 10:25 am

    Hi sunil, its a hold. can see 92. has support at 83-85

    Hi sourabh, can see 15

    Hi nitin, in small quantity


  16. Kartik Says:
    April 19th, 2010
    Posted at: 10:26 am

    ill be back in 1 hour.

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