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. shrikanth Says:
    April 19th, 2010
    Posted at: 3:16 pm

    Hi Karthik, Upside & downside target for provogue? Shall I buy it for short term?


  2. srg Says:
    April 19th, 2010
    Posted at: 3:16 pm

    Kartik, Renuka sugars have broken support @ 68. I hv 1 lot. Shall I book loss? ir there is a hope?


  3. Kartik Says:
    April 19th, 2010
    Posted at: 3:17 pm

    Hi shrikanth, it looks weak. dont enter it yet


  4. Kartik Says:
    April 19th, 2010
    Posted at: 3:18 pm

    Hi srg, yes, for now exit from it, shall enter again on dips.


  5. srg Says:
    April 19th, 2010
    Posted at: 3:19 pm

    ok thanks. Can I wait for 1-2 days, for some recovery (if not all) as loss is huge?
    for markets, if it closes flat, what kind of closing it would be?


  6. Kartik Says:
    April 19th, 2010
    Posted at: 3:20 pm

    Hi nitin, exit from it for now. sorry for your loss.

    Hi srg, yes, we can keep sl at 5180 and continue to hold onto it.


  7. jaris Says:
    April 19th, 2010
    Posted at: 3:20 pm

    CAN I HOLD 5200 PE TOMORROW


  8. srg Says:
    April 19th, 2010
    Posted at: 3:20 pm

    ok thanks :-). How abt market closing query?


  9. Kartik Says:
    April 19th, 2010
    Posted at: 3:22 pm

    Hi jaris, yes

    Hi srg, closing is fine. as long as above 5150-5180 its a good one.


  10. shiva Says:
    April 19th, 2010
    Posted at: 3:22 pm

    kartik...what abt tvs ele ?? its trading volume is 0 today....


  11. Kartik Says:
    April 19th, 2010
    Posted at: 3:23 pm

    Hi shiva, its volume is 3351 till now at nse.


  12. Kartik Says:
    April 19th, 2010
    Posted at: 3:23 pm

    Hi Ramesh bhole, yes, some news of stake buying in it.


  13. Rakesh Says:
    April 19th, 2010
    Posted at: 3:23 pm

    DEAR SIR,
    PLS ADVISE ABT ABIRLANUVO CAN I INVEST


  14. Kartik Says:
    April 19th, 2010
    Posted at: 3:24 pm

    Hi Rakesh, dont enter it yet. wait for some dip


  15. Kartik Says:
    April 19th, 2010
    Posted at: 3:25 pm

    Hi sourabh, if possible hold it till tomorrow.


  16. Shanthi Says:
    April 19th, 2010
    Posted at: 3:26 pm

    Hi Kartik, any BTST call?

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