Quotes with Resistance & Support
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Intraday calls for 29-04-13

Posted on: April 29th, 2013 at 8:27 am

Markets likely to open flat, Resistance for nifty is at 5960, support at 5840

Buy Dr Reddys Laboratories around 1980, target: 2030, SL 1958

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207 Responses

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  1. VAN Says:
    April 29th, 2013
    Posted at: 8:58 am

    what about AXIS BANK?


  2. Kartik Says:
    April 29th, 2013
    Posted at: 8:58 am

    Hi Karan Sharma, keep a SL around 512 lvls

    Hi VAN, can see some profit booking, upto 1465


  3. Vishal Says:
    April 29th, 2013
    Posted at: 8:59 am

    Hi Kartik, Or buy BankNifty 11700 PE for target 150 today and 350-400+ in 1-2 week?


  4. Kartik Says:
    April 29th, 2013
    Posted at: 8:59 am

    Hi Vishal, its already rallied quite a lot for now


  5. VAN Says:
    April 29th, 2013
    Posted at: 9:01 am

    shall i short axis bank?


  6. Kartik Says:
    April 29th, 2013
    Posted at: 9:02 am

    Hi VAN, can be shorted with a SL at 1510


  7. valls Says:
    April 29th, 2013
    Posted at: 9:03 am

    hi K GM
    what is the trg and sl for hdil today?
    i had hdil may 70 ce @1.9 is there any recovery can i hold or exit?


  8. cvrprakash Says:
    April 29th, 2013
    Posted at: 9:03 am

    Dear Kartik,

    Holding both TCS and HCL tech as of now.
    What should be the strategy as of now?
    Exit 50% on any raise (@ what levels) , or hold them with out buying any more?

    Thanks.


  9. Kartik Says:
    April 29th, 2013
    Posted at: 9:04 am

    Hi valls, GM, hold it with a SL at 52, it looks weak overall

    Hi cvrprakash, avoid adding more, enter Pe's to hedge for now


  10. VAN Says:
    April 29th, 2013
    Posted at: 9:05 am

    ok thanks kartik


  11. Kartik Says:
    April 29th, 2013
    Posted at: 9:06 am

    Hi VAN, most welcome


  12. Raj Mishra Says:
    April 29th, 2013
    Posted at: 9:06 am

    Hi Kartik sir, Whats the target for DLF for today ?


  13. Vinit Says:
    April 29th, 2013
    Posted at: 9:07 am

    gdmrng kartik sir, whats ur view on tata motors? and which side to trade in nifty?


  14. kavya Says:
    April 29th, 2013
    Posted at: 9:07 am

    Sir wat level dlf can see today


  15. deepak7791 Says:
    April 29th, 2013
    Posted at: 9:09 am

    Dear Karthik

    Good Morning

    Why has HCL fallen so much even after good results, Where is the support level, Already fell below 700 support levels


  16. Kartik Says:
    April 29th, 2013
    Posted at: 9:11 am

    Hi Raj Mishra, can give a bounce upto 242

    Hi kavya, can give a bounce upto 242

    Hi Vinit, Markets are likely to trade in a range of 5850-5900 Tata motors may trade flat today

    Hi deepak7791, GM, I.T stocks have been seeing profit booking lately, HCL faced strong support at 720, looks weak below that, next support at 660

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