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. rashid Says:
    April 20th, 2010
    Posted at: 3:11 pm

    what about shorting 5300 put at 105 and holding till expiry..............


  2. ABHIJITH Says:
    April 20th, 2010
    Posted at: 3:12 pm

    Hiii Karthik. pls suggesth the target for JK TYRE today


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

    Hi Monali, one can enter in small quantity. can see 295

    Hi Ramesh bhole, no, dont enter it yet

    Hi rashid, no, dont go short on it yet


  4. srg Says:
    April 20th, 2010
    Posted at: 3:12 pm

    I was speculating it to breaking 272 n hitting 280 or so. :-)


  5. Ram M Says:
    April 20th, 2010
    Posted at: 3:12 pm

    1100 in how many days sir?


  6. cool duchess Says:
    April 20th, 2010
    Posted at: 3:13 pm

    Kartik - holding Bayer Cropscience at 710. Currently at 746. Should I exit or hold? Thanks.


  7. Akash Says:
    April 20th, 2010
    Posted at: 3:13 pm

    They sold my GMDC to cover loss and I did some intraday and make loss there too (around 350 Rs.). Can I buy AQUA for 1-2 days hold for target 380?


  8. Kartik Says:
    April 20th, 2010
    Posted at: 3:13 pm

    Hi Akash, for now continue to hold onto it

    Hi Gitanjali, ok.. hold it for some more time.


  9. kishore Says:
    April 20th, 2010
    Posted at: 3:13 pm

    Hi karthik

    holding unitech @86.5. is this still hold? or sell now. pls. advise


  10. Kartik Says:
    April 20th, 2010
    Posted at: 3:14 pm

    Hi Ram M, 2-3

    Hi Akash, no, dont enter it yet

    Hi cool duchess, book partial profits in it for now.

    Hi kishore, yes, hold it.


  11. LP Says:
    April 20th, 2010
    Posted at: 3:14 pm

    a btst call from my broker n polaris

    may I enter it


  12. MSK Says:
    April 20th, 2010
    Posted at: 3:15 pm

    NOW SHORT TERM TIPS EQ


  13. ac Says:
    April 20th, 2010
    Posted at: 3:15 pm

    HI KARTIK I SHORTED TATA MOTORS AT 771…NOW IT IS 790 SHOULD I BOOK LOSS OR HOLD


  14. kishore Says:
    April 20th, 2010
    Posted at: 3:15 pm

    at what rate I can sell unitech then?


  15. Kartik Says:
    April 20th, 2010
    Posted at: 3:15 pm

    Hi LP, no, dont enter it yet


  16. Kartik Says:
    April 20th, 2010
    Posted at: 3:15 pm

    Hi MSK, no, as of now none

    Hi ac, hold it for some time.

    Hi kishore, around 88-90

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