Quotes with Resistance & Support
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Intraday calls for 22-04-10

Posted on: April 22nd, 2010 at 8:23 am

Markets likely to see a slightly lower opening. Support for nifty is at 5150 and resistance at 5260.

If markets show some recovery later during the day, buy: The Indian Hotels & Piramal Glass

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609 Responses

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  1. srg Says:
    April 22nd, 2010
    Posted at: 10:32 pm

    Kartik, I saw chart of Gujarat Ambuja Exports. All signals are positive. I feel it can be bought tomorrow at opening tomorrow (which can be low because of markets) for decent intraday gains.
    What do u think?


  2. Vishal Mehta Says:
    April 22nd, 2010
    Posted at: 10:36 pm

    i have shorted Sbi@ 2193 - one lot
    i have bought bharti airtel @ 309 - two lot
    unitech @ 96 average.. - 1500

    what to do..???


  3. Pradeep Says:
    April 22nd, 2010
    Posted at: 10:51 pm

    Hi CB!

    Hope you are doing good!!!.

    CB I'm new to trading. I'm trying to get Shiva Fertilizer share with Market Price (not Limit), but at the end of the day its showing expired. Why its getting expired?

    Thanks in advance...


  4. Shads Says:
    April 22nd, 2010
    Posted at: 10:58 pm

    Kartik, The market tomorrow is going to be bad for those are long on NIFTY. I am just hoping for the best. If the market trades low tomorrow the, Hope will get an opportunity to buy RIL and tata motors. Pls do let me know the buy and target price for Tata Motors and RIL tomorrow.

    Thank you!


  5. Kartik Says:
    April 22nd, 2010
    Posted at: 11:33 pm

    Hi harsha, hold it for med term. will do well. as of now no new call

    Hi Jagdish, enter it lower around 82

    Hi Salma, for now hold it. keep sl at 450

    Hi rana, for now continue to hold onto it. can add some. usually once a stock enters ban, buying interest is reduced

    Hi Shads, yes, seems will open a bit flat. lets see

    Hi arun bj, its recovered a bit. we may open flat.

    Hi nalini, most welcome

    Hi subramanivs, seems will open a bit flat. try and exit on any dip for now

    Hi srg, has some resistance near 122. will do well once it crosses it

    Hi Vishal Mehta, for now hold them. try and exit sbi on any dip for now.. others are a hold for short term

    Hi Pradeep, m good. hope you doing good too. yes, its because its hitting upper circuits and there are no sellers available.


  6. Shads Says:
    April 22nd, 2010
    Posted at: 11:37 pm

    Hope will get an opportunity to buy RIL and tata motors. Pls do let me know the buy and target price for Tata Motors and RIL tomorrow.


  7. Kartik Says:
    April 22nd, 2010
    Posted at: 11:41 pm

    Hi Shads, not sure yet. seems will open a bit flat.


  8. MANAS278 Says:
    April 22nd, 2010
    Posted at: 11:54 pm

    HI KARTIK,NEW TO YOUR WEBSITE,FIND IT VERY USEFUL.HATS OFF TO U.TODAY I bought
    ind htl at 111.5.What could be the selling tgt tom.


  9. Shads Says:
    April 23rd, 2010
    Posted at: 12:43 am

    Hi Kartik, thanks. Good Night


  10. Kartik Says:
    April 23rd, 2010
    Posted at: 1:19 am

    Hi MANAS278, thanks. hold it for a day or 2. can see 116

    Hi Shads, Good night.


  11. S.MAHESH Says:
    April 23rd, 2010
    Posted at: 5:42 am

    Hi srg,
    GM

    Risky its is overbrought.


  12. srg Says:
    April 23rd, 2010
    Posted at: 6:06 am

    Hi S. Mahesh, thanks. Can you please share your technical points. It should help me in my learning.
    Yes, it is overbought. I was just considering it for intraday or max 2-3 days. My technical reasons were - positive divergence in RSI, its volumes and it crossing its 200DMA yesterday and 14 and 50d DMA's day before, which indicated to me that its getting bullish. And with markets supporting it can give quick 5-10% as a swing call and may be 20-25% in a months time.

    Also, r u a part of or hv subscribed to sharesprofitsure? My hunch is u r part of them. :-)


  13. srg Says:
    April 23rd, 2010
    Posted at: 6:09 am

    Kartik, Probably u saw some other stock. The stock I mentioned (Gujarat Ambuja Exports) is around 22 Rs. and not 122. And it has already crossed 22, so i dont see a typo too. :-)


  14. CB Says:
    April 23rd, 2010
    Posted at: 7:51 am

    Hi srg, looks good. can see 26 in coming days.


  15. arun bj Says:
    April 23rd, 2010
    Posted at: 8:10 am

    cb good morg....can i enter.. sterlite m& m at current level...please guide me 1 blue chip stock for 7 days it llgive min 3% return....


  16. CB Says:
    April 23rd, 2010
    Posted at: 8:11 am

    Hi arun bj, Good morning. no, both are looking a bit weak. dont enter them yet.. as of now no new call

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