Quotes with Resistance & Support
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Intraday calls for 22-12-10

Posted on: December 22nd, 2010 at 8:25 am

Markets likely to open flat, next resistance for Nifty is at 6050

Buy Hindalco around 234, Target: 238-240, SL 230 – (Book profits at 238)

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454 Responses

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  1. Kartik Says:
    December 22nd, 2010
    Posted at: 1:57 pm

    Hi Abhishek, yes, hold these for now. markets not really going anywhere yet

    Hi Akash, yes, technically looks weak. would advice to book for now. dont enter other 3 yet.


  2. arun bj Says:
    December 22nd, 2010
    Posted at: 1:57 pm

    hi kartik reply my query about sterlite . . . And . What price can i average . Sintex . . Stuck with . 210 . . Cmp 165


  3. Mac Says:
    December 22nd, 2010
    Posted at: 1:58 pm

    Whats wrong with AshthaVinayak.... Its been on lower circuit since so many days... When is the rite time to buy it???


  4. SB Says:
    December 22nd, 2010
    Posted at: 1:58 pm

    Hi Kartik, I bought Ster Fut @ 183 ; cmp = 181.50 ? pls tell me what to do ? Now I am on 3500 loss !


  5. Kartik Says:
    December 22nd, 2010
    Posted at: 1:59 pm

    Hi manu, possible sees some downside keep sl at 6030

    Hi Brahan, keep sl at 1435 and hold it for now

    Hi HSK, no, not yet. has resistance at 1375

    Hi Ashutosh Sharma, they can add 40-50%

    Hi arun bj, yes, its going a bit weak. needs to stop falling and form a base. for now dont add more.


  6. Manthan Says:
    December 22nd, 2010
    Posted at: 1:59 pm

    HI CB/KARTIK,

    THANKS, U BOTH R GIVING ME A WOUNDERFUL ADVICE :) & STILL AHEAD...

    NOW TODAY MORNING I SHORT NIFTY FUT @ 6030 WITH 10 LOTS & MY TGT IS 5994.70-5977.90. CAN COME THIS TGT BEFORE MKT CLOSE??


  7. lalith Says:
    December 22nd, 2010
    Posted at: 2:00 pm

    Karthik, still with bpcl 680 PUT, please advise what to do ?


  8. Abhishek Says:
    December 22nd, 2010
    Posted at: 2:00 pm

    Mac

    i had shree ashta i booked @ 51 profit...again planning to bu below 10 rs is good rate..had been told by many people ..rest kartik is best to tel you.


  9. Kartik Says:
    December 22nd, 2010
    Posted at: 2:00 pm

    Hi Mac, yes, not really sure whats going on there. dont enter it yet

    Hi SB, yes, for now hold keep sl at 5990 on nifty and hold it. if possible hedge with a 170 put

    Hi Manthan, you are always welcome. yes, hold nifty short for now.nifty facing resistance at 6030


  10. DS Says:
    December 22nd, 2010
    Posted at: 2:00 pm

    Dear Kartik,

    Are Tata Motors and BPCL Puts still a hold?


  11. ashok khiara Says:
    December 22nd, 2010
    Posted at: 2:01 pm

    STT BUY SUBEX GIVEN @ 76 FOR THE TGT OF 83.. NOW 78.70.. BOOK PARTIAL PROFIT BETWEEN 78.70-79.30


  12. Kartik Says:
    December 22nd, 2010
    Posted at: 2:01 pm

    Hi lalith, yes, its a hold

    Hi Abhishek, yes, let it stop falling and settle down. not really sure whats triggering such downside.


  13. Jagdish Says:
    December 22nd, 2010
    Posted at: 2:01 pm

    hi kartik, can i short alok inds on current levels....


  14. Kartik Says:
    December 22nd, 2010
    Posted at: 2:02 pm

    Hi DS, yes.

    Hi Jagdish, no, lets wait for some time. markets not really going anywhere.


  15. Akash Says:
    December 22nd, 2010
    Posted at: 2:02 pm

    Hi Kartik, U mean sell Jayant and do not buy anything? Not even CUB? Jayant cannot be hold for target 125+? Wht abt Crew BOS?


  16. Abhishek Says:
    December 22nd, 2010
    Posted at: 2:02 pm

    Kartik

    One thing is for sure markets wil end positive...thrs sometime unique inotice and its working from month..am able to judge the market end.

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