Quotes with Resistance & Support
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Intraday calls for 24-02-11

Posted on: February 24th, 2011 at 8:34 am

Markets likely to open lower, Support for nifty is at 5410 and resistance at 5480

If markets show recovery later during the day, buy Power Grid

11.40am – sell canara bank at 581, target: 572. stoploss: 587 – (book profits at 568)

12.04pm – buy jet airways at 419, target: 428. Stoploss: 409 – (continue to hold Jet airways)

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453 Responses

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  1. Kb Says:
    February 24th, 2011
    Posted at: 9:03 am

    Good Morning Karthik


  2. shipra Says:
    February 24th, 2011
    Posted at: 9:04 am

    thnaks kartik....what target can it see today pls? also wen shld i rolloevr it ?


  3. Kartik Says:
    February 24th, 2011
    Posted at: 9:04 am

    Hi Kb, Good morning


  4. JR Says:
    February 24th, 2011
    Posted at: 9:04 am

    Sir should i short DLF for intraday


  5. AJ Says:
    February 24th, 2011
    Posted at: 9:04 am

    news on JUBL FOODS that DUNKIN DONUTS will deal with it to enter indian markets...
    +ve for JUBL FOODS?

    Do you see it moving like TATA COFEE?


  6. Kartik Says:
    February 24th, 2011
    Posted at: 9:06 am

    Hi JR, yes

    Hi AJ, not likely, the deal is not yet finalized, we will have to wait for announcements by the company


  7. Raghu Says:
    February 24th, 2011
    Posted at: 9:07 am

    I buy abb on 686 delivered to day target tell me


  8. shipra Says:
    February 24th, 2011
    Posted at: 9:08 am

    thnaks kartik..what target can balram see today 4 sure pls? also wen shld i rolloevr it ?


  9. askimaskitoss Says:
    February 24th, 2011
    Posted at: 9:08 am

    BOOK PROFIT AND EXIT GBP/INR FEB BTST CALL TARGET MET 73.50
    BOOK PROFIT AND EXIT BTST EURO/INR FEB CALL AT CMP 62.30(GIVEN AT 62.03)TARGET MET


  10. Akash Says:
    February 24th, 2011
    Posted at: 9:08 am

    Hi Kartik, So shud I exit at some upside.. But now I will be left with just 2500 Rs. or less :( Now what OPTIONS I can buy with this 2500 only to make it 20k in short time.. Shud I buy some PE call? Pls advise. I am in big trouble and going to lose all money :(


  11. SS Says:
    February 24th, 2011
    Posted at: 9:10 am

    Hi Kartik,
    Good Morning, Im short on Rel Infra @ 700....Your views ?


  12. Kartik Says:
    February 24th, 2011
    Posted at: 9:11 am

    Hi Akash, Options is always risky

    Hi SS, it faces strong resistance at 705-710, keep a tight SL at 712 and hold it


  13. rafi Says:
    February 24th, 2011
    Posted at: 9:11 am

    whats next support for nifty after 5410


  14. Kartik Says:
    February 24th, 2011
    Posted at: 9:12 am

    Hi Raghu, book profits around 705

    Hi shipra, can see 73 if Markets recover


  15. Kartik Says:
    February 24th, 2011
    Posted at: 9:12 am

    Hi rafi, 5350


  16. raju Says:
    February 24th, 2011
    Posted at: 9:13 am

    HI ,GOOD MORNING EVERYBODY

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