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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  1. Kartik Says:
    May 25th, 2010
    Posted at: 5:02 pm

    Hi Deepak7791, it can see 320+ levels in 5-6 months time

    Hi nitin shah, Educomp is a strong bet for Short/Mid term, it recently also bagged an order worth Rs 51.14 crore from Bihar Government, the stock came down due to promoters selling some of their holdings, the reason may be that the company plans to invest the money some development projects, It shall perform well in the coming weeks, hold it

    Hi AT, most welcome

    Hi Akshay, you may enter Sel for Long term at CMP, thanks for your comments

    Hi Akash, it can see 60+ levels once Global Markets recover, yesterday's rally was a news based rally

    Hi Shipra, the stock saw some upmove today, because the company yesterday recommended dividend, Markets are very volatile now, and it would be better to avoid swing trades

    Hi Lata, Zandu is a risky bet and a weak bet fundamentally, try to exit it on any rise tomorrow


  2. Lata Says:
    May 25th, 2010
    Posted at: 5:06 pm

    hi nitin thanks alot ya.... hopefully as you say happens the same...thanks again alot and may you also come out immediately satisfying... God plz show some miracle....
    Thanks again nitin and you too do not worry, will come out of this....


  3. Shipra Says:
    May 25th, 2010
    Posted at: 5:06 pm

    Hi kartik..plz suggest some good script in futures for June ...?
    plz tell the entry and exit levels for it...plz?


  4. Akash Says:
    May 25th, 2010
    Posted at: 5:06 pm

    Hi Kartik, Can I also buy some Educomp at CMP or wait for below 400 level? Will it become multi-bagger in 2-3 years again (4k to 5k price?).


  5. Pradeep Says:
    May 25th, 2010
    Posted at: 5:09 pm

    Hello Kartik,

    Wer do u see Nifty till Expiry? Will it bounce from current levels.?


  6. Kartik Says:
    May 25th, 2010
    Posted at: 5:13 pm

    Hi Lata, yes, sure, lets hope for the best

    Hi Akash, wait for Markets to settle for some time, then you may enter it for Short term

    Hi Pradeep, we might see a small bounce, we might see 4880 levels

    Hi Shipra, as of now none, wait for the Markets to settle


  7. Lata Says:
    May 25th, 2010
    Posted at: 5:15 pm

    thanks alot kartik...


  8. Pradeep Says:
    May 25th, 2010
    Posted at: 5:16 pm

    Thanks for your support kartik and CB


  9. smh Says:
    May 25th, 2010
    Posted at: 5:30 pm

    cb/kartik have bot Educomp @ 475 can i hold for few days to get my cost its broken its 52 week low today do u think i should exit in small loss tomrw


  10. nitin shah Says:
    May 25th, 2010
    Posted at: 5:37 pm

    HI KARTIK AGAIN THE QUERY IS REGARDING JINADAL SAW AND ABAN OFFSHORE. WHAT TARGETS U EXPECT ON BOTH THE SIDES TOMMORROW. ARE THIS COMPANY GOOD FOR FUTURE INVESTMENTS


  11. Nascar Says:
    May 25th, 2010
    Posted at: 5:50 pm

    Hi Kartik!!!

    If we see a gap down opening tomorrow can I buy Tata Steel..what is the support level for this stock? Can you please suggest me..ready to hold for 3 months...


  12. Kb Says:
    May 25th, 2010
    Posted at: 5:52 pm

    'Pilots should focus on flying, not admin jobs'

    http://news.rediff.com/report/2010/may/25/opilots-should-focus-only-on-flying-says-ex-pilot.htm

    Read ..


  13. pankaj Says:
    May 25th, 2010
    Posted at: 5:59 pm

    hi cb, today i bot 4700 may call @ 124/-, wht strategy till expiry, sl / tgt?? thanx.


  14. Shekhar Says:
    May 25th, 2010
    Posted at: 6:32 pm

    Hi CB! Can one short TCS below 700? what is the support and resistance now for it?


  15. CYRIL Says:
    May 25th, 2010
    Posted at: 6:37 pm

    Market will have gap up opening, bulls will try to make one more entry try to lift it to 4952


  16. nanema Says:
    May 25th, 2010
    Posted at: 6:45 pm

    is this the right time to invest in ril ??? or should wait for more correction ..
    wanted to buy 50 shares reliance for a horizon of 1 yr
    can you suggest me .......

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