Quotes with Resistance & Support
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Intraday calls for 25-09-12

Posted on: September 25th, 2012 at 8:17 am

Markets likely to open flat, Support for Nifty is at 5640 and resistance at 5710.

Buy Multi Commodity Exchange at 1340, Target: 1365 SL 1325 – (Continue to hold MCX. looks good technically)

Buy Prestige Estates around 130, Target: 137, SL 125

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668 Responses

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  1. spy king Says:
    September 25th, 2012
    Posted at: 9:00 am

    Hi kartik

    Views on short on cairn and long in Mangalore Chen?


  2. Kamal Says:
    September 25th, 2012
    Posted at: 9:04 am

    Nifty is going beyond 5800 ... What does it indicate?


  3. sheeja Says:
    September 25th, 2012
    Posted at: 9:04 am

    Hi Kartik,

    At what range I can enter Polaris? I am planning to accumulate this on every dip.


  4. Kiran Kalyani Says:
    September 25th, 2012
    Posted at: 9:05 am

    Hi, could you please let me know what's the thought on Renuka Sugars, is it good to sell now?


  5. Kartik Says:
    September 25th, 2012
    Posted at: 9:05 am

    Hi Akash, it saw profit booking from its resistance at 150, would be better to keep a SL at 140 and hold it

    Hi spy king, hold Mangalore Chemicals with a SL at 42, hold Cairn short for some more time


  6. 0champ0 Says:
    September 25th, 2012
    Posted at: 9:05 am

    GM all


  7. Kartik Says:
    September 25th, 2012
    Posted at: 9:05 am

    Hi Kiran Kalyani, if hold, keep a trailing SL at 36.8 and continue to hold it for short term


  8. Kartik Says:
    September 25th, 2012
    Posted at: 9:06 am

    Hi sheeja, faces support at 140-135, if it sustains for another 3-4 days, you may enter it for short term

    Hi 0champ0, GM


  9. AJ Says:
    September 25th, 2012
    Posted at: 9:06 am

    Do you see more upside for UBHOLDING for cmp?


  10. shail410 Says:
    September 25th, 2012
    Posted at: 9:06 am

    H Kartik GM..can I take long position in REC and PFC? Thanx


  11. U K Says:
    September 25th, 2012
    Posted at: 9:08 am

    Hi Kartik, Good morninig, Please your views on IDFC today?


  12. sheeja Says:
    September 25th, 2012
    Posted at: 9:09 am

    Hi Kartik,

    Thanks for the suggestion on Polaris.
    What your view on India Bulls Real? Is that a buy now?


  13. RA Says:
    September 25th, 2012
    Posted at: 9:09 am

    HI Kartik,

    Howz IVRCL for intraday?


  14. gaps Says:
    September 25th, 2012
    Posted at: 9:09 am

    Hi Kartik, How about shorting jspl for intraday


  15. rishu Says:
    September 25th, 2012
    Posted at: 9:10 am

    Hi kartik
    i bought 6200ce for OCt @6.80
    what your view


  16. Kartik Says:
    September 25th, 2012
    Posted at: 9:10 am

    Hi shail410, they have rallied quite a lot lately and seems can see some profit booking ahead, dont enter them yet

    Hi AJ, may take a pause around 105-110

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