Quotes with Resistance & Support
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Intraday calls for 20-05-11

Posted on: May 20th, 2011 at 8:28 am

Markets likely to open flat, support for Nifty at 5400 and resistance at 5450.

Buy JB Chemicals at 163.50, Target: 170, SL 158 – ( sl triggered in jb chemicals)

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577 Responses

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Comment pages: 2345678910Show all

  1. Anil Says:
    May 20th, 2011
    Posted at: 9:24 am

    Shorted Airtel @ 370. Pls advise SL and TGT..


  2. Praveen Says:
    May 20th, 2011
    Posted at: 9:26 am

    can we buy nifty at current levels ?


  3. Kartik Says:
    May 20th, 2011
    Posted at: 9:26 am

    Hi Shiva, hold it with a SL at 65

    Hi Anil, hold HDFC for some more time

    Hi Akash, would be better to wait for some time, Markets are directionless as of now

    Hi Vishal, Yes

    Hi sanjeev, looks weak, avoid it


  4. sanzy Says:
    May 20th, 2011
    Posted at: 9:27 am

    pls suggest should i go with 5400PE or 5500CE for intraday


  5. Kartik Says:
    May 20th, 2011
    Posted at: 9:27 am

    Hi Praveen, wait for some time

    Hi Anil, hold it for a target of 365, SL 372

    Hi dhiva, likely to add another 6-8rs from CMP


  6. ras Says:
    May 20th, 2011
    Posted at: 9:27 am

    buy 5400 call?


  7. Kartik Says:
    May 20th, 2011
    Posted at: 9:28 am

    Hi ras, yes, keep a SL at 5450


  8. Anil Says:
    May 20th, 2011
    Posted at: 9:28 am

    Hi Kartik, Market seems going hign Will Airtel go down or exit??


  9. CA.Tejas Says:
    May 20th, 2011
    Posted at: 9:28 am

    L&T Results:

    Mumbai, May 19, 2011: Larsen & Toubro reported Gross Sales of
    ` 15213 crore, for the quarter ended March 31, 2011, registering a growth of
    13% over the corresponding quarter of the previous year. Gross Sales for the
    full year at ` 43886 crore grew by 19 % y-o-y.

    An impressive growth of 27% in Order Inflow achieved during the quarter
    ended March 31, 2011, helped the Company record an Order Book of
    `130217 crore as at March 31, 2011. Inspite of deferment of some
    infrastructure and power project orders, the Company could achieve an
    increase of 15% in Order Inflow for the year 2010-11.

    Profit after Tax (PAT) for the year ended March 31, 2011 excluding
    exceptional and extraordinary items, at ` 3676 crore, grew by 15% over the
    previous year.

    The Board of Directors has recommended a dividend of ` 14.50 per equity
    share.


  10. Kartik Says:
    May 20th, 2011
    Posted at: 9:29 am

    Hi Anil, could see some profit booking, faces resistance at 370-372


  11. Kartik Says:
    May 20th, 2011
    Posted at: 9:29 am

    Hi CA.Tejas, thanks for the update


  12. thavva Says:
    May 20th, 2011
    Posted at: 9:30 am

    Hi Kartik, GM, holding 5500 ce @ 26. Book profits or hold?


  13. Vivek Shah Says:
    May 20th, 2011
    Posted at: 9:30 am

    Hi All, GM!!!

    any new call/put ??


  14. Gurpreet Says:
    May 20th, 2011
    Posted at: 9:30 am

    Hi,
    JB Chem is right now around 165.5 ... should I buy for intra at this price. plz suggest. thanx.


  15. Friend Says:
    May 20th, 2011
    Posted at: 9:30 am

    Hi Kartik,
    Where is the meeting to take decision diesel price de-regulation ??


  16. craj Says:
    May 20th, 2011
    Posted at: 9:30 am

    GM Kartik, can one buy ITC @ CMP for intraday?

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