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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  1. Shanthi Says:
    April 20th, 2010
    Posted at: 1:59 pm

    Hi Kartik, what is the reason for market goes down ?


  2. ASHISH JANI Says:
    April 20th, 2010
    Posted at: 2:00 pm

    what do you think of kalpturu power?


  3. AK Says:
    April 20th, 2010
    Posted at: 2:00 pm

    hi CB can i enter into APP nifty 5300call at current level, pl guide


  4. Kartik Says:
    April 20th, 2010
    Posted at: 2:01 pm

    Hi Shanthi, not seeing much of buying interest yet

    Hi ASHISH JANI, its looking weak. dont enter it yet

    Hi Akash, no, as of now no new call.


  5. Gitanjali Says:
    April 20th, 2010
    Posted at: 2:01 pm

    Hi Kartik, I shall ..thanks ..I guess Greed and anxiety is calling again!!


  6. Kartik Says:
    April 20th, 2010
    Posted at: 2:01 pm

    Hi AK, no, not yet..

    Hi Gitanjali, :)


  7. subramanivs Says:
    April 20th, 2010
    Posted at: 2:01 pm

    Hi Kartik,

    I have Reliance 1080 Call option, What shall i do?


  8. NSE_Trader Says:
    April 20th, 2010
    Posted at: 2:02 pm

    Hi Kartik,
    i have May nifty shorts at 5200 , shall i hold or cover with nominal loss
    thanks


  9. Kartik Says:
    April 20th, 2010
    Posted at: 2:02 pm

    Hi subramanivs, hold it for now. keep sl at 1050

    Hi NSE_Trader, hold onto them for now.


  10. Ravi Says:
    April 20th, 2010
    Posted at: 2:04 pm

    Hi Kartik, Holding 5300 put at 86. Should I book profit or hold?


  11. Akash Says:
    April 20th, 2010
    Posted at: 2:04 pm

    Hi Kartik, can we buy AQUA at CMP in intraday. Also, is it beter to switch from Blue Star Info. This stock is not moving (may start moving only if I sell).


  12. Gitanjali Says:
    April 20th, 2010
    Posted at: 2:05 pm

    Hi Kartik, thanks :) What is a good closing for today in nifty..may I know please?


  13. Kartik Says:
    April 20th, 2010
    Posted at: 2:05 pm

    Hi Ravi, hold it for now.

    Hi Akash, no, continue to hold onto it. aqua can add 3-4rs if markets remain good.


  14. Kartik Says:
    April 20th, 2010
    Posted at: 2:05 pm

    Hi Gitanjali, above 5200 is fine.


  15. rsk Says:
    April 20th, 2010
    Posted at: 2:06 pm

    Hi Karthk.. shorted 400 TATA STEEL @ 670.. now 667.. can i book profit and exit? whats target and stoploss today?


  16. Ravi Says:
    April 20th, 2010
    Posted at: 2:06 pm

    Thanks Kartik

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