Quotes with Resistance & Support
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Intraday calls for 27-05-10

Posted on: May 27th, 2010 at 8:21 am

Markets likely to see a flat opening. Support for nifty is at 4880-4900. Resistance at 4970

Buy Omnitech Infosolutions Ltd at 153.50-155.60, target: 160. Stoploss: 150
Sell Amtek Auto at 156.55-158, target: 152. Stoploss: 160

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625 Responses

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  1. Adhi Says:
    May 27th, 2010
    Posted at: 12:58 pm

    Hi Kartik !

    Many analysists says on June, Nifty will reach the bottom showing a high dip.
    Is that news right ? If so on wat basis ?


  2. RK Says:
    May 27th, 2010
    Posted at: 12:58 pm

    Hi Kartik,
    I have bought July series Nifty at 4975. What should be my strategy ? Please advice


  3. Vishal Says:
    May 27th, 2010
    Posted at: 12:59 pm

    Hi CB, why JK Lakshmi is not moving ....


  4. kumar Says:
    May 27th, 2010
    Posted at: 1:00 pm

    Thanks Kartik


  5. bapan Says:
    May 27th, 2010
    Posted at: 1:00 pm

    KARTIK PLEASE GIVE SOME NEWS FOR INTRADAY


  6. cks Says:
    May 27th, 2010
    Posted at: 1:01 pm

    Hi Gitanjali, [Whenever I sell it zooms up.. if I buy it drops heavy .]... I am also feeling the same...

    Are we watching the market or market is watching us :)


  7. Kartik Says:
    May 27th, 2010
    Posted at: 1:01 pm

    Hi Kb, there's one paid software known as Spider, they have a yearly subscription

    Hi M@ddy, hold it for some more time

    Hi dhiva, Steel companies in India are going to reduce their prices of Steel, this is causing them to see some profit booking since their profit will ultimately decrease in the near term, it can see 1060 in Intraday, if we see some more recovery

    Hi rashid, hold it with a tight Sl at 4970


  8. Lata Says:
    May 27th, 2010
    Posted at: 1:03 pm

    hi kartik, which software are you talking abt and for wht... ur reply to kb


  9. S.MAHESH Says:
    May 27th, 2010
    Posted at: 1:03 pm

    Hi Kb,
    yes EOD chart is best and free, but if want to see real time and very sophisticated
    software go for FALCON, but it is very costly.

    http://www.reliable.co.in/NewWeb/WebsiteVer1.htm


  10. tanu Says:
    May 27th, 2010
    Posted at: 1:04 pm

    Hi Kartik,
    what's ur take on microtech..will it reach 200 in the near term?


  11. Kartik Says:
    May 27th, 2010
    Posted at: 1:04 pm

    Hi bapan, not new call yet

    Hi kumar, most welcome

    Hi Vishal, it shall do well in the Short run

    Hi RK, hold it for some more time with a Sl at 4930

    Hi Adhi, its just their view based on various findings, we might continue to see some more downside if Global scenario worsens


  12. rohit Says:
    May 27th, 2010
    Posted at: 1:05 pm

    gud after noon kartik

    i am short in biocon june fut at 285......... please give ur view on it........

    thanks

    rohit


  13. GURU Says:
    May 27th, 2010
    Posted at: 1:06 pm

    can i buy herohonda again?


  14. Kartik Says:
    May 27th, 2010
    Posted at: 1:07 pm

    Hi tanu, hold it with a SL at 4970 on Nifty as of now

    Hi Lata, its for Live Intraday Charts

    Hi S.MAHESH, thanks

    Hi tanu, yes, it can do well in the Mid run


  15. Haroon Says:
    May 27th, 2010
    Posted at: 1:07 pm

    Hello Mr Kartik, What is your opinion about the stock Panoramic Universal Ltd. Different people give different stories. The company has announced 5 Bonus shares for 1 held. Ever since the bonus shares announced, the stock has been declining from 270 to 127 today. What is going on, why this stock is performing so badly. Do you have any information about this share? Please share. A lot of people have bought this share hoping for the hefty bonus, but worried now due to contineous fall in the price.


  16. S.MAHESH Says:
    May 27th, 2010
    Posted at: 1:07 pm

    Hi Kartik,
    u r welcome

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