Quotes with Resistance & Support
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Intraday calls for 24-05-10

Posted on: May 24th, 2010 at 8:19 am

Markets likely to see a gap up opening. Resistance for nifty is at 5000 and support at 4850

Buy Allahabad Bank at 156.75, target: 162. Stoploss: 153
Buy Dewan Housing at 219.85, target: 227. Stoploss: 214. (book at 225)

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616 Responses

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  1. S.MAHESH Says:
    May 24th, 2010
    Posted at: 2:12 pm

    Hi Akash,
    Aban 735 looks bit difficult, R3 is 723, and hopes that it do not brake 704.


  2. Kartik Says:
    May 24th, 2010
    Posted at: 2:21 pm

    sorry guys, just came back


  3. Anurag Says:
    May 24th, 2010
    Posted at: 2:22 pm

    NIFTY ko kya ho gaya?


  4. DM Says:
    May 24th, 2010
    Posted at: 2:22 pm

    Hi S. Mahesh,

    Have bought dewan housing @ 221 for intraday, What should i do


  5. Kartik Says:
    May 24th, 2010
    Posted at: 2:23 pm

    Hi Hemant, it can add another 10% in Intraday, if Markets slip further

    Hi Akash, its more of a Market mover, if Markets see some recovery, it can see 720+ levels in Intraday

    Hi Khan, Realty stocks have been facing some FII selling pressure for the past few days


  6. Lata Says:
    May 24th, 2010
    Posted at: 2:23 pm

    hi kartik, any clue when will zandu realty reach 3750+, i bot it on 3685 but including brokerage it is 3702 (purchase)....


  7. DM Says:
    May 24th, 2010
    Posted at: 2:24 pm

    Hi Kartik, Any views on Edccomp, Have bought 50 @ 532.50


  8. Kartik Says:
    May 24th, 2010
    Posted at: 2:24 pm

    Hi Anurag, it seems to face some pressure from Global Markets

    Hi DM, hold it with a SL at 216 as of now


  9. VBC Says:
    May 24th, 2010
    Posted at: 2:25 pm

    Hi Kartik holding nifty may 5100 call at rs.22.50 shall i hold it till expirty or exit with loss?


  10. shiva Says:
    May 24th, 2010
    Posted at: 2:25 pm

    hi kartik,

    kinetic motor…hold or book loss?


  11. Kartik Says:
    May 24th, 2010
    Posted at: 2:25 pm

    Hi Lata, Zandu is a risky bet, exit it on any rise, keep a tight SL at 3490

    Hi DM, its a hold for Short term, it can do well


  12. Kb Says:
    May 24th, 2010
    Posted at: 2:25 pm

    Hi Kartik, karthik ..wht from here? any upmove possible ..


  13. Akshay Says:
    May 24th, 2010
    Posted at: 2:26 pm

    hi,cb/karthik i have bot birlacotsyn 27000 [email protected] and marksans pharma 9300 shares @5.70.bcos of them i m not able to buy other shares.pls help me,I m in big loss.


  14. Pradeep Says:
    May 24th, 2010
    Posted at: 2:26 pm

    Hi Kartik

    I bought PA 4900 @ 14 Rs. Should I book profits today itself or can I carry forward it till 2-3 days.

    Thanks


  15. Kartik Says:
    May 24th, 2010
    Posted at: 2:26 pm

    Hi VBC, hold it with a SL at 4950 on Nifty as of now


  16. Akash Says:
    May 24th, 2010
    Posted at: 2:26 pm

    Hi Kartik, Ok. So what target I shud mention in intraday? Ideally it shud cross 740 but I also know that it will not happen.. But will it cross day high or not? Also, in case if we cud not recover our loss in intraday today and my shares sold by Admin, shud I buy Aban or Educomp after selling FACT if Aban can se 1300+ or Educomp can see 900+ level in 1 month?

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