Quotes with Resistance & Support
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Intraday calls for 21-05-10

Posted on: May 21st, 2010 at 8:20 am

Markets likely to see a gap down opening. Support for nifty is at 4820.

Buy Sun Pharmaceuticals Industries Ltd on dips with Stoploss at 1530

2.59pm – Btst – buy aban offshore at 677 target 693. stoploss: 658 (trade in small quantity)

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745 Responses

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  1. SunilRao Says:
    May 21st, 2010
    Posted at: 12:53 pm

    Hi Kartik, If we see a temporal pullback, can we expect the nifty to go upto 5030-5050?


  2. Ajay Says:
    May 21st, 2010
    Posted at: 12:54 pm

    Hi Karthik/CB,

    Can you let me know the future of Tata Steel and Tata Motors?

    Thanks
    Ajay


  3. Kartik Says:
    May 21st, 2010
    Posted at: 12:55 pm

    Hi SunilRao, we might see around 4950

    Hi Ajay, they are strong bets for 1-2 years time, and can add 50-60%


  4. Kartik Says:
    May 21st, 2010
    Posted at: 12:58 pm

    Hi test, it would be better to wait for some more time, and trade safe


  5. SunilRao Says:
    May 21st, 2010
    Posted at: 12:58 pm

    ok thanks Kartik


  6. rameshbhole Says:
    May 21st, 2010
    Posted at: 1:01 pm

    europe is green,
    now can i enter sun pharma for intraday buy?
    thanks


  7. manoj Says:
    May 21st, 2010
    Posted at: 1:01 pm

    HI KARTIK,
    i bought DFL @269 and IDFC @153.5 for intraday what to do


  8. sanzy Says:
    May 21st, 2010
    Posted at: 1:02 pm

    can NIFTY see 5050 by expiry


  9. varun soni Says:
    May 21st, 2010
    Posted at: 1:02 pm

    hey kartik ... cb suggested me to invest in bharti shipyar for mid term..can u suggest any more?


  10. Vishal Says:
    May 21st, 2010
    Posted at: 1:03 pm

    Hi CB, Europe sliding.. Can we short JP now or wait for some more time ...


  11. Kartik Says:
    May 21st, 2010
    Posted at: 1:03 pm

    Hi rameshbhole, dont enter it yet

    Hi sanzy, we can see 4950

    Hi varun soni, IFCI and Bharti Shipyard are strong bets for Long term

    Hi manoj, hold them for some more time

    Hi SunilRao, most welcome


  12. indian Says:
    May 21st, 2010
    Posted at: 1:04 pm

    Hi Kartik,
    will market recover today to positive?


  13. Kartik Says:
    May 21st, 2010
    Posted at: 1:05 pm

    Hi Vishal, wait for soem more time

    Hi indian, if Europe trades strong, we might see some recovery


  14. ANIRUDH Says:
    May 21st, 2010
    Posted at: 1:05 pm

    Sorry Boss to disturb u again. Can I square off Zee purchased for intraday @ 285/ or could I take delivery. What is the target for the same in 1-2 days?


  15. Ravii Says:
    May 21st, 2010
    Posted at: 1:07 pm

    Hello Kartik,
    Europe entered into the red.
    FTSE100 -32.12
    DAX -60.73
    CAC -27.37


  16. Kartik Says:
    May 21st, 2010
    Posted at: 1:07 pm

    Hi rameshbhole, it looks weak below 1530, book profis around 1515

    Hi ANIRUDH, it can see 295-300 in 2-3 days time, hold it

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