Quotes with Resistance & Support
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Intraday calls for 30-07-10

Posted on: July 30th, 2010 at 8:19 am

Markets likely to open slightly lower. Nifty has support at 5350 and resistance at 5420

If markets show recovery later during the day, buy: Genus Power Infrastructures Ltd. – (book profits at 234)

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735 Responses

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  1. usha Says:
    July 30th, 2010
    Posted at: 1:46 pm

    Karthik,

    How will the market close today..i am long in tata steel at 543, its better to hold for day (only today please) whhat could be the targetr and SL


  2. Babal Says:
    July 30th, 2010
    Posted at: 1:47 pm

    Hi Kartik,

    Holding IFCI @ 63.75 . Average for intraday or hold or book loss. Please advise

    Thanks in advance
    Babal


  3. Kartik Says:
    July 30th, 2010
    Posted at: 1:47 pm

    Hi Kelly, Good afternoon

    Hi Manish, dont enter it yet

    Hi animesh, dont enter Mid-Day Multimedia Ltd, its a weak bet fudamentally, you may buy some of Shree Ganesh Jewerly at CMP


  4. Akshay Says:
    July 30th, 2010
    Posted at: 1:47 pm

    Hi kartik bhai,pls look my query on page 17 on 11.23 a.m.today.


  5. Kartik Says:
    July 30th, 2010
    Posted at: 1:48 pm

    Hi indiabulls, wait for some more time

    Hi Babal, dont add more, hold it for 3-4 days time

    Hi usha, Markets might close aorund 5400, hold Tata steel for some more time, its likely to do well


  6. Kartik Says:
    July 30th, 2010
    Posted at: 1:49 pm

    Hi Akshay, yes CAIRN AND IFCI look good for Short term, you may also buy some of Shree Ganesh Jewerly for short term at CMP


  7. pralhad Says:
    July 30th, 2010
    Posted at: 1:49 pm

    can i enter bilpower @200 mark or have to wait for some dip.i m buying this stock for 1 month period.plz suggest right time to buy.


  8. Kartik Says:
    July 30th, 2010
    Posted at: 1:50 pm

    Hi pralhad, you may enter it in small quantity at CMP, it can see 230 in the short run


  9. rony Says:
    July 30th, 2010
    Posted at: 1:51 pm

    hi kartik can i buy nifty 5200 put @41?...........pls advice


  10. Rajesh Bhansali Says:
    July 30th, 2010
    Posted at: 1:52 pm

    Heyyy

    Kartik/CB, your take on EIL FPO plzzzz?? looking forward to buy 2 lots..


  11. Kartik Says:
    July 30th, 2010
    Posted at: 1:53 pm

    Hi rony, enter below 5380

    Hi Rajesh Bhansali, its a good one, buy 1 as of now, since Markets look uncertain


  12. Rajesh Bhansali Says:
    July 30th, 2010
    Posted at: 1:54 pm

    Thxx Kartik :)


  13. VijayK Says:
    July 30th, 2010
    Posted at: 1:54 pm

    CB..Kartik...
    Bought 1 lot of Biocon around 332...currently @314...shd I avg now?


  14. Akash Says:
    July 30th, 2010
    Posted at: 1:55 pm

    Hi Kartik, I bought Aster Silicates yeterday at 245 but today it locked at LC (196 now). Will it start hitting UC again from Monday... target 450+ in few days.


  15. Kartik Says:
    July 30th, 2010
    Posted at: 1:55 pm

    Hi VijayK, wait for some more time

    Hi Rajesh Bhansali, most welcome


  16. Kartik Says:
    July 30th, 2010
    Posted at: 1:56 pm

    Hi Akash, new listings are always very volatile, not sure when will it start hitting U.C

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