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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Comment pages: 272829303132333435Show all

  1. Akash Says:
    May 24th, 2010
    Posted at: 2:45 pm

    Hi Kartik, it is intraday? :(

    Shud I buy RNRL in delivery and sell everything else?


  2. Kartik Says:
    May 24th, 2010
    Posted at: 2:45 pm

    Hi nitin, dont add more of it yet, hold it for Short term, it can do well


  3. sr Says:
    May 24th, 2010
    Posted at: 2:45 pm

    ok. thanks. :-)


  4. AT Says:
    May 24th, 2010
    Posted at: 2:46 pm

    Hi karthik,

    I am holding PE5000 @40, suggest the level where i can exit?


  5. Kartik Says:
    May 24th, 2010
    Posted at: 2:46 pm

    Hi Akash, oh, dont make any fresh entries now

    Hi sr, most welcome


  6. Kartik Says:
    May 24th, 2010
    Posted at: 2:46 pm

    Hi AT, hold it for another 2-3 days time


  7. Akshay Says:
    May 24th, 2010
    Posted at: 2:47 pm

    guruji any btst.pls


  8. AT Says:
    May 24th, 2010
    Posted at: 2:47 pm

    shall i book profit.........as the expiry is on 27/5.


  9. Shipra Says:
    May 24th, 2010
    Posted at: 2:47 pm

    Hi kartik...shld i enter into cipla futures again at cmp for target of 330 by expiry in may?
    or is there any other stock better then it for futures which will give prfoit in 1 week by 27th may?


  10. Akash Says:
    May 24th, 2010
    Posted at: 2:47 pm

    Hi Kartik, RNRL is expected to cross 100+ in v short time.. Even all Reliance shares.. Aban is now at 702. 12 Min left.. Will it cross 710 or 708 so that I shud b in loss :(


  11. test Says:
    May 24th, 2010
    Posted at: 2:49 pm

    Sir anything can short now?Can itake tisco 500 put?


  12. susheel Says:
    May 24th, 2010
    Posted at: 2:51 pm

    Hi Kartik sir ..

    thankx for your valueable and profitable advices..

    Sir i have 5 (100) lot of nifty * 5142 and right now in loss of 18000 RS .
    i m very much confused .. please how can i recover from my loss ..what i should do ..if u suggest me to buy then at what level i have to buy them ..or to sell on what price i have to sell them ............

    please


  13. DM Says:
    May 24th, 2010
    Posted at: 2:51 pm

    Hi Kartik, Have bought Amtek auto @ 197, kohinoor Foods @ 64.25, KGL @ 21, TV 18 @ 112.50 before 4-8 month back. Any advise on mentioned stocks, All of them are in down trend


  14. Kartik Says:
    May 24th, 2010
    Posted at: 2:54 pm

    Hi test, wait for some time

    Hi Akash, it would be better to exit it around 705

    Hi Shipra, dont enter anything yet, wait for some time

    Hi AT, hold it till tomorrow

    Hi Akshay, as of now none


  15. Kartik Says:
    May 24th, 2010
    Posted at: 2:55 pm

    Hi susheel, hold your Long with a tight SL at 4950 on Nifty as of now

    Hi DM, hohld them for some more time, they shall perform well once Markets recover


  16. stalin Says:
    May 24th, 2010
    Posted at: 2:56 pm

    hai mate...how abt relinfra and jswsteel for this week...can i hold them ..what is ur view buddy

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