Quotes with Resistance & Support
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Intraday calls for 30-10-12

Posted on: October 30th, 2012 at 8:28 am

Markets likely to open flat, support for Nifty at 5630 and resistance at 5750

Buy Nitin Fire Protection around 68, Target: 72.5, SL 65 – (Exit Nitin fire if breaks 67)

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693 Responses

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  1. Nitin Says:
    October 30th, 2012
    Posted at: 8:41 am

    Can i short india cement today sir


  2. Kamal Says:
    October 30th, 2012
    Posted at: 8:42 am

    GM, I have pnb,hindalco and bhel ce's..... There is still time for this month to close.... All are in losses huge... Pls suggest shd I hold them for a week or two to see if I can get purchase price or close now and reverse trade?


  3. balu Says:
    October 30th, 2012
    Posted at: 8:43 am

    hai sir


  4. Kartik Says:
    October 30th, 2012
    Posted at: 8:44 am

    Hi Sandip, Good morning

    Hi Lalit, GM, below 260 looks weak, seems may trade flat/weak today

    Hi cvrprakash, 80-78 acts as its strong support level, if it manages to hold it for another 2-3 days, you may enter it for short term

    Hi divya, continue to hld it with a SL at 1060 for a few more days

    Hi Karan Sharma, exit from Idea, hold IFCI for a few more days


  5. Kartik Says:
    October 30th, 2012
    Posted at: 8:44 am

    Hi balu, GM

    Hi Kamal, lets wait to see the outcome of RBI meet today, markets could be very volatile today


  6. Kartik Says:
    October 30th, 2012
    Posted at: 8:45 am

    Hi Nitin, go short if it breaks 97


  7. manmin Says:
    October 30th, 2012
    Posted at: 8:51 am

    hi kartik ...

    i want to start a business. I will be taking ( depositing) money from people and in return i will be paying handsome interest. The entire thing will be done by trading in the markets. I want to know , is this allowed ?


  8. Kartik Says:
    October 30th, 2012
    Posted at: 8:52 am

    Hi manmin, it is in form of a broker, you would also need to take a undertaking from the persons (saying that they have given you the right to trade)


  9. Shiv Says:
    October 30th, 2012
    Posted at: 8:52 am

    can i buy wipro or tcs ce's ?? 260ce and 1350ce respectively ??


  10. manmin Says:
    October 30th, 2012
    Posted at: 8:55 am

    can't i trade their money as client of a broking company , if they ( people) give me the right to trade ?


  11. Kartik Says:
    October 30th, 2012
    Posted at: 8:56 am

    Hi manmin, Yes, provided the other person has no issues

    Hi Shiv, tcs can be entered, above 1300 it looks strong


  12. Jack Says:
    October 30th, 2012
    Posted at: 9:02 am

    Hi Kartik, BHEL tgt?


  13. Kartik Says:
    October 30th, 2012
    Posted at: 9:03 am

    Hi Jack, can give a bounce upto 228-230


  14. archanareddy Says:
    October 30th, 2012
    Posted at: 9:08 am

    Hi Kartik, hi karthik good morning.....
    how is today market..?


  15. Kartik Says:
    October 30th, 2012
    Posted at: 9:08 am

    Hi archanareddy, GM, can be quite volatile ahead of the RBI meet today


  16. manmin Says:
    October 30th, 2012
    Posted at: 9:09 am

    thanks kartik ....

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