Quotes with Resistance & Support
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Intraday calls for 20-10-09

Posted on: October 20th, 2009 at 9:22 am

Nifty has strong resistance at 5180. if it manages to cross this level, it can head upto 5250 in short term. Above 5180 one can enter a 5200 call with a stoploss at 5155

Buy Balrampur Chini at 138, target: 144. Stoploss: 135

Stock to watch for breakout:
Buy Jaiprakash Associates above 268, target: 285. Stoploss: 262 (1-3 day hold)

2.55 pm BTST – buy Triveni eng at 122.80 target 127-129. Stoploss: 118

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723 Responses

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  1. Kartik Says:
    October 20th, 2009
    Posted at: 10:57 am

    Hi Harry, as of now none

    Hi Sri, Just checked it, it posted a growth in YoY resutls, I guess they are about to post their quartet results today

    Hi Akash, Hold them for some time, they can do well


  2. DM Says:
    October 20th, 2009
    Posted at: 10:57 am

    HI,

    DJIA FUTURE +VE STILL STRONG, WHERE DO WE SEE NIFTY HEADING TOWARDS?
    CAN IT MOVE HIGHER OR SOME CORRECTION EXPECTED, PLEASE ADVICE THE TRGT AND SL, RESISRANCE, SUPPORT LEVELS FOR NIFTY?


  3. Sai Iyer Says:
    October 20th, 2009
    Posted at: 10:57 am

    Hi Karthik,
    Balrampurchihi is a but at the present level? 141.7 now


  4. Sri Says:
    October 20th, 2009
    Posted at: 10:58 am

    Ok, How is their YoY records are they looking good.


  5. kohli Says:
    October 20th, 2009
    Posted at: 10:58 am

    kartik pl. advise is this the right time to but ptc. if yes pl. advise the term. thanks.


  6. abhi Says:
    October 20th, 2009
    Posted at: 10:59 am

    hi kartik,
    please let me know is it good to go for banking stock ?


  7. Kartik Says:
    October 20th, 2009
    Posted at: 10:59 am

    Hi DM, yes, we managed to touch 5180 and then saw some downside, Nifty was not able to substain higher levels, we might some correction

    Hi Sai Iyer, no,dont enter it now


  8. SM Says:
    October 20th, 2009
    Posted at: 11:00 am

    Hi...Karitk...!

    Happy New Year....!

    we can buy jaiprakesh associate this level or have to wait till it cross 268...?

    pls advice


  9. DM Says:
    October 20th, 2009
    Posted at: 11:01 am

    I AM HOLDING NTPC @ 216 WHAT TO DO IN IT, COZ OF DIVESTMENT NEWS WILL IT MOVE HIGHER?
    ANY TRGT, SL PLEASE...


  10. raj Says:
    October 20th, 2009
    Posted at: 11:01 am

    Hi.I bought balrampur chinni at 140.45.will it reach the given intraday target


  11. ankurpalan Says:
    October 20th, 2009
    Posted at: 11:01 am

    hien wat do u suggest about DCB bank..m holding 1000 @43


  12. Kartik Says:
    October 20th, 2009
    Posted at: 11:02 am

    Hi SM, Happy new year to you too, dont enter Jp assocaites now, buy it only if it crosses 268


  13. Kartik Says:
    October 20th, 2009
    Posted at: 11:02 am

    Hi DM, not sure abt that

    Hi raj, hold it for some more time


  14. Nitin Jain Says:
    October 20th, 2009
    Posted at: 11:03 am

    Kartik, Can I Hold Escorts for 2-3 days for the target of 130+


  15. zephyer Says:
    October 20th, 2009
    Posted at: 11:03 am

    what is ur take on DLF still wait or book profit


  16. pralhad Says:
    October 20th, 2009
    Posted at: 11:04 am

    sir what abt idfc can sell@cmp,,bcause its moviing downward,,or i have to hold

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