Quotes with Resistance & Support
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Intraday calls for 19-05-11

Posted on: May 19th, 2011 at 8:25 am

Markets likely to open flat, support at 5360 and resistance at 5450

Buy HDFC at 646, Target: 658, SL 638

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522 Responses

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  1. Ryan Says:
    May 19th, 2011
    Posted at: 8:29 am

    Morning CB,Kartik, Can you please advise on Timken? Its falling everyday. Can I buy some more to average now? Holding 80@ 219. By when can we see 230 levels?


  2. RP Says:
    May 19th, 2011
    Posted at: 8:31 am

    Hi CB/Karthik, can we buy call at the opening & chart is not opening today also?? thanks


  3. Kartik Says:
    May 19th, 2011
    Posted at: 8:31 am

    Hi Ryan, GM, no, dont add more of it yet, Midcaps are seeing selling pressure, wait for some time


  4. MICKY Says:
    May 19th, 2011
    Posted at: 8:33 am

    Hey mrn all kartik howz bajaj finserfv and Edserv Softsystems Limited for intrday today also tell me ant Gati Limited


  5. Kartik Says:
    May 19th, 2011
    Posted at: 8:33 am

    Hi RP, GM, yes, you may enter HDFC, try now


  6. Tejas Gupta Says:
    May 19th, 2011
    Posted at: 8:34 am

    Hi every body good morning and happy trading ................


  7. Pradeep Says:
    May 19th, 2011
    Posted at: 8:34 am

    gm experts.. where shall i close nifty short positions, sold at around 5430 yesterday. Thank you


  8. Mayur Says:
    May 19th, 2011
    Posted at: 8:38 am

    Hi Kartik, good Morning sirji...for short term view.. wht is a best scrip to go with....... idfc, sterlite or NFL(have some few @ 106..plz suggest to average out.).?


  9. Kartik Says:
    May 19th, 2011
    Posted at: 8:38 am

    Hi MICKY, Edserv looks good, can see 151, Gati can do well once above 66 (resistance)

    Hi Tejas Gupta, GM, same to you

    Hi Pradeep, we might open around 5430, keep a SL at 5560 and hold it


  10. Kartik Says:
    May 19th, 2011
    Posted at: 8:40 am

    Hi Mayur, NFL below 100 looks weak, dont add more of it yet, wait for a couple of days for Markets to settle, on dips one can enter Axis bank, Balmer Lawrie for Short/Mid term


  11. Mayur Says:
    May 19th, 2011
    Posted at: 8:43 am

    Hi Kartik, ok.. Thanks for the above advice..
    as per chirag's sir recomm.. i am holding kajaria for a target of 95.. should i go with the same.????

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