Quotes with Resistance & Support
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Intraday calls for 24-10-11

Posted on: October 24th, 2011 at 8:33 am

Markets likely to see a gap up opening. Resistance for nifty is at 5170 and support at 5000.

Buy Amar Remedies at 118, target:122. Stoploss: 115.50

If markets show weakness later during the day, sell: Bharti Airtel

9.24am – buy Mahindra and Mahindra at 815, target: 830. Stoploss: 803

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355 Responses

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  1. Wasey Says:
    October 24th, 2011
    Posted at: 3:24 pm

    Thanks Kartik, I bought LT it was 1430, so to cover my losses please suggest any PE for November series now that it has broken 1290 level alomost?


  2. richa Says:
    October 24th, 2011
    Posted at: 3:25 pm

    i bought bharti 380 pe at 5.5 nd now its 1.5..
    i m in deep loss..u sure its gonna come down tommorow?


  3. Kartik Says:
    October 24th, 2011
    Posted at: 3:26 pm

    Hi Wasey, you may enter its 1200 PE (NOV)

    Hi richa, it can see some downside as its trading near its support level, hold it


  4. Deepak7791 Says:
    October 24th, 2011
    Posted at: 3:27 pm

    Have bought ICICI bank at CMP. Can it see 900 by expiry?


  5. Divyesh Says:
    October 24th, 2011
    Posted at: 3:27 pm

    Hi Karthik, Can i exit from Cmah or continues to hold for some time


  6. Kartik Says:
    October 24th, 2011
    Posted at: 3:28 pm

    Hi Deepak7791, can be voliatlie ahead of the RBI's meet tomorrow, lets wait to see its outcome tomorrow


  7. Kartik Says:
    October 24th, 2011
    Posted at: 3:28 pm

    Hi Divyesh, continue to hold it for some more time


  8. wajeed Says:
    October 24th, 2011
    Posted at: 3:28 pm

    Hi Karthik,Bought today jaypee infratech @65.00 in hugh loss can i get my price tmrow pls suggest wht to do now thanks


  9. Deepak7791 Says:
    October 24th, 2011
    Posted at: 3:29 pm

    OK Karthik.

    Can you let me know why Akzoindia is down 8%? Please suggest,


  10. wajeed Says:
    October 24th, 2011
    Posted at: 3:30 pm

    Hi karthik, What abt moser baer can i enter tommorrow as i think profit booking has finished in this counter pls suggest thanks.


  11. Kartik Says:
    October 24th, 2011
    Posted at: 3:30 pm

    Hi Deepak7791, its reacting to its results, http://www.moneycontrol.com/news/news/akzo-nobel-sep-11-sales-at-rs-30389-crore_604399.html


  12. Kartik Says:
    October 24th, 2011
    Posted at: 3:30 pm

    Hi wajeed, no, dont enter it yet


  13. Kartik Says:
    October 24th, 2011
    Posted at: 3:30 pm

    Hi wajeed, hold JP iNFra with a SL at 62 (cash)


  14. CA.Tejas Says:
    October 24th, 2011
    Posted at: 3:31 pm

    Hi Kartik, I have bought following stocks kindly advice.

    Renuka Sugars @ 55.50
    South Indian Bank @ 23.20
    Sterlite Technologies @ 36.10

    What should be the tgt n sl???


  15. Deepak Bedi Says:
    October 24th, 2011
    Posted at: 3:33 pm

    Thanks Kartik...


  16. palanivel Says:
    October 24th, 2011
    Posted at: 3:34 pm

    kartik sir.moser baer now over bought level? whats your view?

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