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. Karan Sharma Says:
    April 29th, 2013
    Posted at: 8:58 am

    Hi Kartik,

    Thanks for answering the query.

    Please suggest the SL for SIEMENS position.

    (Sold SIEMENS (Futures) @ 495/-)


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

    what about AXIS BANK?


  3. 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


  4. 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?


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

    Hi Vishal, its already rallied quite a lot for now


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

    shall i short axis bank?


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

    Hi VAN, can be shorted with a SL at 1510


  8. 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?


  9. 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.


  10. 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


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

    ok thanks kartik


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

    Hi VAN, most welcome


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

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


  14. 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?


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

    Sir wat level dlf can see today


  16. 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

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