Quotes with Resistance & Support
Market Information

Intraday calls for 25-04-11

Posted on: April 25th, 2011 at 8:31 am

Markets likely to see a flat opening. Support for nifty is at 5860 and resistance at 5920

Buy Jubilant Foodworks Ltd around 658-663, target: 678. Stoploss: 648 – (book profit in Jubilant foodworks at 676-678)

10.37am – sell Rec ltd at 234.20, target: 230. Stoploss: 237.50

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511 Responses

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  1. Kartik Says:
    April 25th, 2011
    Posted at: 1:52 pm

    Hi Vishal, likely to close flat, intermediate support at 5850

    Hi ajit, around 228


  2. Sunil Rao Says:
    April 25th, 2011
    Posted at: 1:52 pm

    Hi Kartik, Good Afternoon :)


  3. gopal Says:
    April 25th, 2011
    Posted at: 1:52 pm

    KARTIK

    I BOUGHT RELIANCE FUTURE FOR INTRADAY @ 1017- WHAT TO DO


  4. Kartik Says:
    April 25th, 2011
    Posted at: 1:53 pm

    Hi cvrprakash, hold it for some more time with a trailing SL at 1190

    Hi gopal, keep a SL at 1000 and hold it


  5. Kartik Says:
    April 25th, 2011
    Posted at: 1:56 pm

    Hi ajit, oh, sorry, can see around 88-90


  6. Kartik Says:
    April 25th, 2011
    Posted at: 1:57 pm

    I'll be back in 30 mins


  7. vijay Says:
    April 25th, 2011
    Posted at: 1:57 pm

    Hi Sunil Rao/CB/Kartik,

    I am Holding Hindalco May Short at 216.4 and hedged it with April at 218.1 what to do shall i book some profit on the hedegd one and re-enter ?


  8. sanzy Says:
    April 25th, 2011
    Posted at: 1:58 pm

    i am holding 5 lots of Nifty 6000CE at 12...pls suggest the target for it today and by expiry


  9. cvrprakash Says:
    April 25th, 2011
    Posted at: 1:58 pm

    Hi Kartik,

    Is it good to enter Axis bank around 1370?
    Or more down side left after its result?
    Whats the chances for this in next 2-3 months.


  10. Ram M Says:
    April 25th, 2011
    Posted at: 1:59 pm

    Hiii Guys...
    Buy Nifty Fut @ 5902 with SL of 5880....


  11. JAGA Says:
    April 25th, 2011
    Posted at: 2:07 pm

    sir, i hv jyoti structure@92 .whts the target. can i hold it for short term........


  12. Kartik Says:
    April 25th, 2011
    Posted at: 2:16 pm

    Hi vijay, continue to hold your Hedge call for some more time, keep a SL at 220 (cash) for your Short

    Hi sanzy, might close flat today, hold it for 2-3 days with a SL at 5850

    Hi cvrprakash, would be better to wait for some time since has been seeing some selling pressure

    Hi JAGA, hold it with a SL at 89, strong support at 89-90, can see 96 if Markets manage to see some upmove


  13. subramanivs Says:
    April 25th, 2011
    Posted at: 2:18 pm

    Hi Kartik,
    I have tata steel 640 call and essar oil 140 call option. i am totally stuck up. what shall i do?


  14. Kartik Says:
    April 25th, 2011
    Posted at: 2:18 pm

    Hi subramanivs, hold them for 2-3 days, with a SL at 5850


  15. Vivek Shah Says:
    April 25th, 2011
    Posted at: 2:19 pm

    Hi Kartik,

    want to restructure my folio, looking to replace stocks which are down under with potential movers,

    so suggest me some alternative, current in loss with JaiCorp, PFS, SCI, MOIL.

    I need to liquidate some as i need to pay 50k margin for better brokerage deal with ventura.


  16. Vishal Says:
    April 25th, 2011
    Posted at: 2:19 pm

    Hi Kartik, What abt REC ... what level can it see... should i hold or cover the shorts

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