Quotes with Resistance & Support
Market Information

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. Avinash Says:
    May 19th, 2011
    Posted at: 1:45 pm

    thanks Kartik, but for today can it see levels below 700 again?


  2. Shiva Says:
    May 19th, 2011
    Posted at: 1:45 pm

    can I buy sabero organics?


  3. Achauhan Says:
    May 19th, 2011
    Posted at: 1:45 pm

    Kartik, can one enter SBI 2400 PE at cmp???


  4. Ary Says:
    May 19th, 2011
    Posted at: 1:46 pm

    Markets are totally directionless at present. I entered a 5400 CE. What would be the status like?


  5. Kartik Says:
    May 19th, 2011
    Posted at: 1:47 pm

    Hi tuff money, for now hold with sl at 5450

    Hi Avinash, yes

    Hi Shiva, no, not sure about this one

    Hi Achauhan, not yet.


  6. Sunil Rao Says:
    May 19th, 2011
    Posted at: 1:47 pm

    Hi SAI, Dont go long yet ... Nifty is stuck in a range ... 5416 - 5444 ... Enter it only after a breakout


  7. Kartik Says:
    May 19th, 2011
    Posted at: 1:48 pm

    Hi Ary, yes. hold ce. can test 5440-5450


  8. Sunil Rao Says:
    May 19th, 2011
    Posted at: 1:49 pm

    Hi Kartik, GA, Welcome Back


  9. Shiva Says:
    May 19th, 2011
    Posted at: 1:49 pm

    Hi Sunil Rao, GA... will you pls guide me on how your yesterday's strategy will work for june series??


  10. Sunil Rao Says:
    May 19th, 2011
    Posted at: 1:52 pm

    Hi tuff money, Hold pe till tomorrow ... can test 5395. we may see a small bounce on monday


  11. SAI Says:
    May 19th, 2011
    Posted at: 1:54 pm

    HI KARTIK THANKS
    HI Sunil Rao, yes ok. will get confirmation b4 do so.


  12. bal Says:
    May 19th, 2011
    Posted at: 1:54 pm

    hi kartik... what to do with HDFC?? hold or sell at no profit?


  13. Sunil Rao Says:
    May 19th, 2011
    Posted at: 1:54 pm

    Hi Shiva, GA. the strategies are ratio spreads ... where the weaker options will decay more than the stronger one and we gain the difference.


  14. Vivek Shah Says:
    May 19th, 2011
    Posted at: 1:55 pm

    Hi Kartik, should i buy 5400pe with sl 5450 ??


  15. CA.Tejas Says:
    May 19th, 2011
    Posted at: 1:55 pm

    Can i buy Prestige Estate....or IRB infra for 2 - 3 % gain in 2-3 days..


  16. Kartik Says:
    May 19th, 2011
    Posted at: 1:56 pm

    Hi bal, hold it for now. can recover a bit

    Hi Vivek Shah, lets wait for some time.

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