Quotes with Resistance & Support
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Intraday calls for 25-05-10

Posted on: May 25th, 2010 at 8:25 am

Markets likely to open slightly lower. Support for nifty is at 4820.

Sell Amtek Auto at 159.70, target: 152. Stoploss: 164. – (book profits at 154.50)

If markets show some recovery later during the day, buy: JK Lakshmi Cement.

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630 Responses

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Comment pages: 212223242526272829Show all

  1. jintem Says:
    May 25th, 2010
    Posted at: 1:07 pm

    Hi kartik
    bought unitech@67 can see recovery today


  2. bunti Says:
    May 25th, 2010
    Posted at: 1:08 pm

    Dear CB/KARTIK...............HAVE 3i INFOTEC @ 72/1000 AND HAVE SESAGOA @ 342/200. SHOULD I EXIT.


  3. Swarna Says:
    May 25th, 2010
    Posted at: 1:08 pm

    hi karthik

    bot 4800 call @ 76can i wait till the expiry date?


  4. Kartik Says:
    May 25th, 2010
    Posted at: 1:09 pm

    Hi kumar, hold it with a SL at 156, it faces strong support at 156

    Hi ARIJIT, dont enter it yet

    Hi Aman, hold it for some more time

    Hi Kb, yes

    Hi sanzy, we might see a small bounce, but overall Markets look weak

    Hi Monali, dont avg it out yet, wait for some more time

    Hi Hemant, they are a hold as of now

    Hi NSE_Trader, wait for some more time as of now, since Europe seems to be trading lower by more than 2%

    Hi nalini, they are Market movers, Markets are likely to remain weak today

    Hi Pradeep, dont enter Calls your, Bata India can see 260 if we see some recovery


  5. Kartik Says:
    May 25th, 2010
    Posted at: 1:10 pm

    Hi Khan, yes, Markets have weak for the past few days

    Hi Gitanjali, yes, you may enter in small quantity at CMP for Short term, new entrants include Gujarat Mineral Development Corporation, Exide Industries, Jindal Southwest Holdings, Ruchi Soya Industries, Sobha Developers and Hexaware Technologies.


  6. sanzy Says:
    May 25th, 2010
    Posted at: 1:10 pm

    can we see 4900 by expiry


  7. Monali Says:
    May 25th, 2010
    Posted at: 1:10 pm

    Thank you Kartik


  8. siraj Says:
    May 25th, 2010
    Posted at: 1:10 pm

    hai kartik

    can nifty touch 4800 today

    thankx


  9. test Says:
    May 25th, 2010
    Posted at: 1:11 pm

    Boss iam holding nifty 49oo put purcased at 54 now 75..shall ibbook small profit or hold?Anything short?


  10. susheel Says:
    May 25th, 2010
    Posted at: 1:12 pm

    can we short now nifty


  11. AJ Says:
    May 25th, 2010
    Posted at: 1:12 pm

    Hi Kartik

    Can I short Nifty at CMP then what will be the SL??


  12. Kartik Says:
    May 25th, 2010
    Posted at: 1:13 pm

    Hi test, hold it for some more time, with a trailing SL at 4850-4860

    Hi Monali, most welcome

    Hi siraj, likely to see 4820

    Hi sanzy, not sure yet


  13. Kartik Says:
    May 25th, 2010
    Posted at: 1:13 pm

    Hi AJ, keep a tight SL at 4860

    Hi susheel, keep a tight SL at 4860


  14. Kartik Says:
    May 25th, 2010
    Posted at: 1:14 pm

    I'll be back in some time


  15. Sabu Says:
    May 25th, 2010
    Posted at: 1:14 pm

    Hi Kartik,

    What to do with Amtek Auto short ?

    Wait or exit ?


  16. ARIJIT Says:
    May 25th, 2010
    Posted at: 1:15 pm

    Hi Kartik,
    ok, thanks, when can i enter a 4800 put june series?

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