Quotes with Resistance & Support
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Intraday calls for 21-12-09

Posted on: December 21st, 2009 at 9:14 am

Markets likely to open flat. Nifty has support at 4980

Buy Kalpataru Power Transmission Ltd at 1061.80, target: 1090. Stoploss: 1045
Buy Shri Lakshmi Cotsyn Ltd at 108.15, target: 114. Stoploss: 105

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619 Responses

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  1. Kartik Says:
    December 21st, 2009
    Posted at: 10:23 pm

    Hi Mrs Kiran Shiroor, its rallied quite a bit. dont enter it now

    Hi suzane, they can add 2% tomorrow at opening if asian markets also open positive

    Hi nvaradhann, around 248-250


  2. anandababu Says:
    December 21st, 2009
    Posted at: 10:31 pm

    Hi kartik I think 4950 is one of the trendline support for nifty can we expect any bounce from this level or at what level can we start buying


  3. nvaradhann Says:
    December 21st, 2009
    Posted at: 10:31 pm

    Thanks


  4. Kartik Says:
    December 21st, 2009
    Posted at: 10:39 pm

    Hi anandababu, as of now buy in small quantities. strong support comes in at 4900-4920 levels.


  5. Mrs Kiran Shiroor Says:
    December 21st, 2009
    Posted at: 10:43 pm

    Thanks Kartik Sir. Can I sell Bharti Airtel now and buy @ lower levels later. I have 500 @ 287.50


  6. Kartik Says:
    December 21st, 2009
    Posted at: 10:44 pm

    Hi Mrs Kiran Shiroor, continue to hold onto it.. will do well


  7. Sabu Says:
    December 21st, 2009
    Posted at: 10:54 pm

    Hi Kartik

    Pls provide your views on Austral coke
    I hold [email protected]


  8. Sabu Says:
    December 21st, 2009
    Posted at: 10:55 pm

    SORRY

    I hold [email protected]


  9. ankurpalan Says:
    December 21st, 2009
    Posted at: 10:57 pm

    Hi Kartik, how does market look for tommorow ...us markets are high


  10. Kartik Says:
    December 21st, 2009
    Posted at: 11:06 pm

    Hi Sabu, fundamentally its not strong enough. but after the recent fall, technically it can head upto 14-15 levels.

    Hi ankurpalan, likely to open slightly higher.


  11. lddgnz Says:
    December 21st, 2009
    Posted at: 11:13 pm

    Hi Sabu, you scared me for a while there with [email protected] !! Glad it turned out to be [email protected].
    I don't know but investing such a huge amount in an unstable stock is not my cup of tea but ofcourse CB/Kartik would advise you much better regarding the short term gains/fundamentals/technicals etc


  12. HARSHIT Says:
    December 21st, 2009
    Posted at: 11:39 pm

    hi guys,,
    seeing the global cues... can we expct a gr88 rally for tommorrow.. as its been a long time.. i havnt earned...


  13. Kartik Says:
    December 21st, 2009
    Posted at: 11:43 pm

    Hi HARSHIT, yes, some upmove is likely.. lets see how asian markets open

    Hi Pranjal, markets have been very volatile. hold them for couple of weeks.


  14. Pranjal Says:
    December 21st, 2009
    Posted at: 11:49 pm

    Kartik, Should I average andhra bank? I have them @ 117.


  15. Deepak Says:
    December 21st, 2009
    Posted at: 11:50 pm

    Hi Kartik,

    Thanks for your valueable suggestion!


  16. Sabu Says:
    December 22nd, 2009
    Posted at: 12:05 am

    Thanks Kartik, lddgnz

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