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. Ronny Says:
    April 19th, 2010
    Posted at: 8:43 am

    Hi Kartik,

    Any comments on SEL, I had purchased it at 88 and now it is trading at 66.80.
    Please share your views on this stock. Should I sell or Hold??

    Also, intraday target for Nelco?


  2. Kartik Says:
    April 19th, 2010
    Posted at: 8:43 am

    Hi suresh, its looking good. can see 35 in coming days

    Hi Bhanu, book around 55-56

    Hi Sri, not sure of 5k levels yet.. as of now no other call


  3. Kartik Says:
    April 19th, 2010
    Posted at: 8:44 am

    Hi Ajay, thanks

    Hi LEO, Good morning. chambal can add some in coming days. not sure of stc.


  4. Vishal Sood Says:
    April 19th, 2010
    Posted at: 8:44 am

    Hi Kartik

    I am holding 1 lot of NIFTY shorted at 4365.
    1 lot 5300PE at 100/-
    and 4 lots 5100PE at 25/-
    Should I book profit in all these in opening or plz suggest ny other strategy.


  5. shipra Says:
    April 19th, 2010
    Posted at: 8:44 am

    KARTIK GD MRNG holding vipind max downside


  6. dd Says:
    April 19th, 2010
    Posted at: 8:44 am

    Hi CB, goodmorning, in some news channels it is reported that SEC may take action against more companies. So can we see nifty inching towards 5000 levels?


  7. stalin Says:
    April 19th, 2010
    Posted at: 8:44 am

    hai mate good morning...hw abt RIL nd RELINFRA


  8. Kartik Says:
    April 19th, 2010
    Posted at: 8:45 am

    Hi Vishal Sood, yes, for now would advice to book profits. one can again go short below 5150. strong support here.


  9. aMIT Says:
    April 19th, 2010
    Posted at: 8:46 am

    Hi Karthik,
    Gud Morning. How abt buying HDIL for intraday?


  10. Kartik Says:
    April 19th, 2010
    Posted at: 8:46 am

    Hi shipra, Good morning. has good support at 275

    Hi dd, good morning. yes, if they continue to do so, then global markets may see selling pressure.

    Hi stalin, good morning. seems will open 1-2% lower.


  11. LEO Says:
    April 19th, 2010
    Posted at: 8:46 am

    Ok Kartik...........

    Any Afternoon recovery Expected if Europe +ve ............


  12. Kartik Says:
    April 19th, 2010
    Posted at: 8:46 am

    Hi aMIT, Good morning. it will be volatile due to the credit policy tomorrow. for now dont enter it yet


  13. Kartik Says:
    April 19th, 2010
    Posted at: 8:47 am

    Hi LEO, yes.


  14. Kartik Says:
    April 19th, 2010
    Posted at: 8:47 am

    Hi srg, Good morning. continue to hold it for now. keep sl at 5150


  15. aMIT Says:
    April 19th, 2010
    Posted at: 8:48 am

    Hi Kartik, Thanx


  16. suresh Says:
    April 19th, 2010
    Posted at: 8:48 am

    may i go to buy airtel at current level

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