Quotes with Resistance & Support
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Intraday calls for 23-02-11

Posted on: February 23rd, 2011 at 8:27 am

Markets likely to open lower, Support for nifty is at 5430 and resistance near 5580

If markets show recovery later during the day buy Tata steel

2.23pm – hedge longs with a 5400 put at 14. stoploss: 5510

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568 Responses

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  1. Kartik Says:
    February 23rd, 2011
    Posted at: 8:52 am

    Hi ttsathya, go short if we break 5425 today


  2. Ary Says:
    February 23rd, 2011
    Posted at: 8:52 am

    So that means I have to part with the CE as it is with the huge losses?


  3. Kartik Says:
    February 23rd, 2011
    Posted at: 8:53 am

    Hi Ary, exit a few of them, keep the rest for some more time


  4. CM Raghu Says:
    February 23rd, 2011
    Posted at: 8:55 am

    Ur views on sun tv, educomp,ifci for intraday?


  5. gaps Says:
    February 23rd, 2011
    Posted at: 8:58 am

    Hi Kartik, can we short sesa today?


  6. dak Says:
    February 23rd, 2011
    Posted at: 9:02 am

    Kartik, can I buy nifty March futures if we hold on to 5430 for some time ?


  7. Venkatagee Says:
    February 23rd, 2011
    Posted at: 9:03 am

    GM Kartik

    Syndicate Bank buy for intraday?


  8. askimaskitoss Says:
    February 23rd, 2011
    Posted at: 9:05 am

    RUPEE SEEN STEADY EARLY AS ASIAN PEERS RISE


  9. protap Says:
    February 23rd, 2011
    Posted at: 9:06 am

    kartik can i buy icicibk


  10. Kartik Says:
    February 23rd, 2011
    Posted at: 9:09 am

    Hi protap, no, it looks weak

    Hi Venkatagee, no

    Hi dak, yes (enter mini nifty)

    Hi gaps, yes, below 298

    Hi CM Raghu, they are likely to trade flat today


  11. JD Says:
    February 23rd, 2011
    Posted at: 9:09 am

    good morning kartik,

    would u agree its a good time to sell everything?


  12. Milind Says:
    February 23rd, 2011
    Posted at: 9:09 am

    Hi,

    Whats ur view on Aban for intraday.


  13. ARIJIT Says:
    February 23rd, 2011
    Posted at: 9:10 am

    Hi Kartik,
    can i buy JET AIRWAYS 420 PUT?


  14. askimaskitoss Says:
    February 23rd, 2011
    Posted at: 9:10 am

    Research In Motion, looking to fend off rivals and assure wary Indian customers of its encrypted communications services, said its major competitors would face the same pressures over government security concerns.


  15. shiva Says:
    February 23rd, 2011
    Posted at: 9:10 am

    I somehow ended up with 2 ce and pe of 5400 yesterday...shall I exit puts in dips and hold calls or other way around?


  16. Kartik Says:
    February 23rd, 2011
    Posted at: 9:11 am

    Hi Milind, it looks weak below 580, likely to trade flat

    Hi ARIJIT, no

    Hi shiva, book proifts in P/E's if we manage to sustain 5430 today, continue to hold your CALLS for some more time, with a SL at 5420

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