Quotes with Resistance & Support
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Intraday calls for 20-04-10

Posted on: April 20th, 2010 at 8:23 am

Markets likely to see a flat opening. Support for nifty is at 5150 and resistance at 5260

If markets show recovery later during the day, buy: Time Technoplast & DIC India – (DIC India – book profits at 259)

1.49pm – to hedge longs buy a 5200 put at cmp 50.75 with sl at 5260

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639 Responses

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Comment pages: 181920212223242526Show all

  1. Chandrika Says:
    April 20th, 2010
    Posted at: 12:06 pm

    Hi Karthik

    I have 3000 shares of unitech @95. Can I hold it. If yes how much time it takes to reach my price? Pls


  2. ANIL Says:
    April 20th, 2010
    Posted at: 12:07 pm

    hi kartik any investment in equity u can suggest???


  3. shiva Says:
    April 20th, 2010
    Posted at: 12:07 pm

    is this short covering or nifty looks strong for fresh rally after profit booking?


  4. Kartik Says:
    April 20th, 2010
    Posted at: 12:07 pm

    Hi dm, sesa has good support at 450. if holds can add 20-25rs. drreddy can see 1210 in short term

    Hi Chandrika, yes, continue to hold it for a months time.


  5. Kartik Says:
    April 20th, 2010
    Posted at: 12:08 pm

    Hi ANIL, no, as of now no call

    Hi shiva, will face selling pressure near 5300. lets see.


  6. pankaj Says:
    April 20th, 2010
    Posted at: 12:08 pm

    hi cb, bot 5300 april expiry put @ 97/-, shall i hold it or exit? thanx.


  7. skmishra Says:
    April 20th, 2010
    Posted at: 12:09 pm

    Sir,I need a confirmation as I tend to believe that we are in a sell zone in nifty (5250-5260). Can I enter short now?


  8. Kartik Says:
    April 20th, 2010
    Posted at: 12:09 pm

    Hi pankaj, for now hold it.

    Hi skmishra, yes, lets wait till europe opens.


  9. sandeep Says:
    April 20th, 2010
    Posted at: 12:10 pm

    cb/kartik................can we short or buy some PUTS of current series for REC at current price?


  10. Mac Says:
    April 20th, 2010
    Posted at: 12:10 pm

    Will TCS bounce back


  11. ANIL Says:
    April 20th, 2010
    Posted at: 12:10 pm

    any short call for nifty


  12. Kartik Says:
    April 20th, 2010
    Posted at: 12:11 pm

    Hi sourabh, book around 1250

    Hi sandeep, no, not yet

    Hi Mac, if holds onto 790, can see some bounce.


  13. Kartik Says:
    April 20th, 2010
    Posted at: 12:11 pm

    Hi ANIL, not yet


  14. Mac Says:
    April 20th, 2010
    Posted at: 12:12 pm

    Thanks..


  15. vishnuteerth Says:
    April 20th, 2010
    Posted at: 12:12 pm

    hi Karthik,

    When are the Q4 results for Allahabad bank and Andhra bank, I would like to hold these stoc till the results, can we expect good results?


  16. Kartik Says:
    April 20th, 2010
    Posted at: 12:13 pm

    Hi Mac, most welcome

    Hi imran, no, dont enter it now

    Hi vishnuteerth, no, not sure about it..

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