Quotes with Resistance & Support
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  1. vijaycas Says:
    September 7th, 2012
    Posted at: 6:13 pm

    But there is much down side scope is opened for Banking stocks as COAL SCAM and MONETARY POLICY, will these are valid points to go short on BANK NIFTY FUTURES, the Rally is due to ECB but the scenerio in INDIA is different i guess..., YOUR COMMENT pls, thanks in advance......

    Kartik, replies: Hi vijaycas, Yes, there has been quite a lot of negative news flow, would be better to wait for 2-3 days till the effect of global ques ceases on our Market

  2. sarath Says:
    September 7th, 2012
    Posted at: 6:16 pm

    sir welcorp crossed resistance of 99,when it will reach 150

    Kartik, replies: Hi sarath, welcorp looks weak overall, it could give a small bounce upto 106 and then could continue to see profit booking

  3. nagin mehta Says:
    September 7th, 2012
    Posted at: 6:30 pm

    sir,
    is there any mistake in infosys .... quotes and resistance....
    i think it should be 2537.30 / 2587.40 / 2680.80 s/l 2443.90 etc instead of
    2503.80 / 2520.35/ 2546.70/ s/l 2477.45 etc.
    sorry if i am wrong please reply. thanks

    Kartik, replies: Hi nagin mehta, could you provide me some more details on how you came up with the numbers, as I fail to reproduce the same

  4. shrikanth Says:
    September 7th, 2012
    Posted at: 6:30 pm

    Hi CB, I bought Balmer Lawrie @ 625. I hope your view on it has not changed for long term.

    Kartik, replies: Hi shrikanth, no, continue to hold it, its a good bet fundamentally for long term

  5. appu Says:
    September 7th, 2012
    Posted at: 6:36 pm

    hi cb,
    i hold ranbaxy ce 580 @7.40/- can i hold or exit. why it is not moving.
    what target can we expect in a few days.
    thanks

    Kartik, replies: Hi appu, continue to hold the CE for a few more days, keep a SL at 542 (cash) for it, your previous queries may be in 30-35 pages back, try browsing through

  6. appu Says:
    September 7th, 2012
    Posted at: 6:38 pm

    hi, how to view my yesterdays"s querry.
    i am not getting the previos page. thanks

    Kartik, replies: Hi appu, continue to hold the CE for a few more days, keep a SL at 542 (cash) for it, your previous queries may be in 30-35 pages back, try browsing through

  7. IJ Says:
    September 7th, 2012
    Posted at: 6:44 pm

    Hi

    What is the next strong resistance for nifty. It hasnt been able to give a close above 5380 this month anyway. I'm looking to go short on rise of another 30-40 points.
    Is it advisable.

    Thanks!

    Kartik, replies: Hi IJ, Yes, a short can be made on rise, seems can see profit booking after opening higher

  8. msmac Says:
    September 7th, 2012
    Posted at: 7:33 pm

    hi cb,
    previously i purchased 2000 jain irrigation @180. can i now average it currtent market price. what will be its long term future.

    Kartik, replies: Hi msmac, dont add more of Jain Irr. yet, wait for some more time, dont enter SEL Man. yet

  9. msmac Says:
    September 7th, 2012
    Posted at: 7:36 pm

    can i buy selmcl at current rate ?

    Kartik, replies: Hi msmac, dont add more of Jain Irr. yet, wait for some more time, dont enter SEL Man. yet

  10. Surendra Says:
    September 7th, 2012
    Posted at: 7:48 pm

    How do you find State bank of India at this Price for short term of 3 days?

    Kartik, replies: Hi Surendra, its likely to see some profit booking ahead, avoid it

  11. Kartik Says:
    September 7th, 2012
    Posted at: 8:37 pm

    Hi vijaycas, Yes, there has been quite a lot of negative news flow, would be better to wait for 2-3 days till the effect of global ques ceases on our Market

    Hi msmac, no, it looks weak overall

    Hi Surendra, its likely to see some profit booking ahead, avoid it

    Hi msmac, dont add more of Jain Irr. yet, wait for some more time, dont enter SEL Man. yet

    Hi IJ, Yes, a short can be made on rise, seems can see profit booking after opening higher

    Hi appu, continue to hold the CE for a few more days, keep a SL at 542 (cash) for it, your previous queries may be in 30-35 pages back, try browsing through

    Hi nagin mehta, could you provide me some more details on how you came up with the numbers, as I fail to reproduce the same

    Hi sarath, welcorp looks weak overall, it could give a small bounce upto 106 and then could continue to see profit booking


  12. MRP Says:
    September 7th, 2012
    Posted at: 10:20 pm

    pfc target & sl for next week?

    thanks
    MRP

    Kartik, replies: Hi MRP, trading around strong support at 160, a you may go short on it if it manages to break 155 (cash)

  13. Ronsal Says:
    September 7th, 2012
    Posted at: 10:35 pm

    Where can i shrt tata mtrs?

    Kartik, replies: Hi Ronsal, go short if it breaks 240 for a target of 235

  14. smile Says:
    September 7th, 2012
    Posted at: 10:54 pm

    Good even Kartik..... i hv bought DLF [email protected].. can i sell it tmrw on saturdays session? what tgt can i get tmrw?

    Kartik, replies: Hi smile, Yes, try exiting around 206

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