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  1. SUNNY PA JI Says:
    January 17th, 2011
    Posted at: 9:58 pm

    Dear Sir,

    What are the resistance levels and supports levels for Indusind Bank taking into account the good Q3 results it has posted? I have a target of 400. Kindly let me know the probable time limit for it.

    Thanks and Regards

    Kartik, replies: Hi SUNNY PA JI, it faces strong resistance at 270, Banks have been seeing some profit booking lately and are likely to see some consolidation ahead

  2. shiva Says:
    January 17th, 2011
    Posted at: 9:59 pm

    can I buy Jain irrigation till budget??

    Kartik, replies: Hi shiva, yes, can be entered in small quantity

  3. venkat Says:
    January 17th, 2011
    Posted at: 10:02 pm

    Sir,
    what is the outlook of amtekindia next trarget?

    Kartik, replies: Hi venkat, it faces strong resistance at 75, a close above 75 can take it to 82+ levels

  4. Kartik Says:
    January 17th, 2011
    Posted at: 10:08 pm

    Hi ravi, would be better to wait for some time

    Hi shiva, yes, can be entered in small quantity

    Hi venkat, it faces strong resistance at 75, a close above 75 can take it to 82+ levels

    Hi SUNNY PA JI, it faces strong resistance at 270, Banks have been seeing some profit booking lately and are likely to see some consolidation ahead


  5. Ravikumar Sivaramakrishnan Says:
    January 17th, 2011
    Posted at: 10:15 pm

    Dear Kartik,

    Thanks for ur reply.

    I asked it for intraday. you advised to follow 3,5,10 DMA lines.
    Have no idea about 3,5,10 DMA lines.Could u please give some light on it ?.Please give some useful links regarding 3,5,10 DMA lines.

    Kartik, replies: Hi Ravikumar Sivaramakrishnan, its the 3,5,10 minute moving averages, you can get it on Chartink.com

  6. help ! Says:
    January 17th, 2011
    Posted at: 10:16 pm

    sir i hv nifty long @ 5810 (2lots) , hindlco fut @ 236 (2lots) nd xis bnk fut @ 1310 (1lot) >>> pl guide wht to do??? cudnt exit on sl ???did big mistke.. :( pl help

    Kartik, replies: Hi help !, hold them with a tight SL at 5640 on Nifty

  7. help ! Says:
    January 17th, 2011
    Posted at: 10:21 pm

    sir u mean sl 5540 ?? or sl 5640 ??

    Kartik, replies: Hi help !, sorry, its 5640

  8. SUNNY PA JI Says:
    January 17th, 2011
    Posted at: 11:05 pm

    Sir:

    Please provide your views on VIP industries. Looking for 725-750 levels. Kindly provide me the time period for these levels.

    Thanks and Regards

    Kartik, replies: Hi SUNNY PA JI, the stock rallied from 150 to 800+ levels in less than a years time, it looks expensive at CMP and is likely to see some more profit booking ahead, dont make fresh entries in it yet

  9. anubhav Says:
    January 17th, 2011
    Posted at: 11:09 pm

    whats ur view on nifty for jan expiry ,,,,,,i have huge loosessssssss.....i have jan expiry future.....
    can i enter jp at dis rates?.......

    Kartik, replies: Hi anubhav, Markets might take some time to settle, as of now we look weak, dont make fresh entries in JP yet, it looks weak, you may enter a 5500 PUT if we manage to break 5640 tomorrow

  10. Gitanjali Says:
    January 17th, 2011
    Posted at: 11:12 pm

    Hi Kartik, How is the result of chambl expected to be like..pl?

    Kartik, replies: Hi Gitanjali, not sure of its results yet, but it looks Fertiliser stocks are likely to post weak results this quarter

  11. mohd salman39 Says:
    January 17th, 2011
    Posted at: 11:19 pm

    hii.. sir
    Any good multibagger to invest in with RS10,000/- for 2 years with 200% profit,(20,000) after 2yrs.
    Thanking you.

    Kartik, replies: Hi mohd salman39, SmartLink is a good bet for Long term invsetment at CMP

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