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. ARUP Says:
    April 19th, 2010
    Posted at: 12:11 pm

    CAN I BUY INDUSINDBK?


  2. Gauri Says:
    April 19th, 2010
    Posted at: 12:12 pm

    HEllo KArtik What levels will Mahindra lifespace Developers will show 2day?


  3. Kartik Says:
    April 19th, 2010
    Posted at: 12:12 pm

    Hi PANKAJ, Yes

    Hi preeti, hold onto it for now.

    Hi ilan, no, not yet. looks weak

    Hi ttsathya, hold them for now. some bounce may come in from 5150

    Hi Vijay, hold onto them for couple of weeks. will bounce back.


  4. PANKAJ Says:
    April 19th, 2010
    Posted at: 12:14 pm

    what sl for 5100 call kartik? shall i wait for europe to open before buyin it? thanx.


  5. Kartik Says:
    April 19th, 2010
    Posted at: 12:14 pm

    Hi Gitanjali, yes, will recover. hold it

    Hi ARUP, no, not yet

    Hi Gauri, around 475.


  6. Kartik Says:
    April 19th, 2010
    Posted at: 12:14 pm

    Hi PANKAJ, yes, wait for 10-15 min. buy with sl at 5140


  7. Gauri Says:
    April 19th, 2010
    Posted at: 12:15 pm

    Thanks and what levels for Mindree?


  8. Syed Imran Hasan Says:
    April 19th, 2010
    Posted at: 12:16 pm

    Kartik..In Unitec I have short position - sell at 79.15...should i hold it or square-off


  9. sourabh Says:
    April 19th, 2010
    Posted at: 12:16 pm

    can i buy nifty with sl 5150


  10. Kartik Says:
    April 19th, 2010
    Posted at: 12:17 pm

    Hi Gauri, Can see 630 if markets recover a bit

    Hi Syed Imran Hasan, exit on dip for today. will be volatile today and tomorrow due to credit policy

    Hi sourabh, yes, keep sl at 5140


  11. Gitanjali Says:
    April 19th, 2010
    Posted at: 12:17 pm

    Hi Kartik, I know ,it will...sure I shall wait..


  12. Kartik Says:
    April 19th, 2010
    Posted at: 12:20 pm

    Hi Gitanjali, thanks


  13. SMH Says:
    April 19th, 2010
    Posted at: 12:21 pm

    kartik, pls give your view about ks oils & essaroil should we hold or exit positions with SL ks oils bot @ 68 & essar oil @ 150.


  14. ANIL SAH Says:
    April 19th, 2010
    Posted at: 12:21 pm

    HI KARTIK,I M BUY HINDALCO 180 CALL @ 3.2 ON LAST TRADING DAY.SO I M HOLD /EXIT


  15. Kartik Says:
    April 19th, 2010
    Posted at: 12:21 pm

    Hi SMH, as of now continue to hold onto them. can add 5%


  16. Kartik Says:
    April 19th, 2010
    Posted at: 12:22 pm

    Hi ANIL SAH, yes, looks strong. hold it

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