Quotes with Resistance & Support
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  1. J.S. Says:
    December 12th, 2012
    Posted at: 9:01 pm

    Dear CB/ Kartik,
    I have one call each of RelIfra and RelCom, what to do in 2 coming days?

    Kartik, replies: Hi J.S., GE, hold them with a SL at 5870 (support level)

  2. arun chatterjee Says:
    December 12th, 2012
    Posted at: 9:01 pm

    GE CB/KARTIK.Hope u r doing well.advised by one of my friends yesterday I bought pondyoxide @ 26/-.now i am in huge loss.what should i do?kindly help.with regards.

    Kartik, replies: Hi arun chatterjee, GE, avoid entring stocks on rise, hold it with a SL at 22 (its yesterday's high is 24)

  3. Kartik Says:
    December 12th, 2012
    Posted at: 9:06 pm

    Hi Richard, faces resistance at 280-282 lvls, dont enter it yet

    Hi J.S., GE, hold them with a SL at 5870 (support level)

    Hi arun chatterjee, GE, avoid entring stocks on rise, hold it with a SL at 22 (its yesterday's high is 24)


    Hi NANI, hold it with a SL at 230 (strong support)

    Hi vijaya, both of them look overbought, wait for a dip in them


  4. Krishnamoorthy Says:
    December 12th, 2012
    Posted at: 9:07 pm

    Hi Sirs,Good day to u.Y R.Power not moving?any chance this week 2 exit.Rs. 102/= enough.I have 1 lot Dec.Future.102 is pivot price.Please guide me.Thanks & Regards

    Kartik, replies: Hi Krishnamoorthy, 100 acts as its strong suport level, hold it for few more days with a SL at 98.5,can give a bounce if Markets sees some recovery ahead

  5. abhishek Says:
    December 12th, 2012
    Posted at: 9:14 pm

    relcapital CAN it touch 580-600 in the next 8-10 trading sessions?

    Kartik, replies: Hi abhishek, seems unlikely, likely to see profit booking around 490 lvls

  6. Surendra Says:
    December 12th, 2012
    Posted at: 9:22 pm

    Bought TATA STEEL @ 436/-, 5 months back should i hold or Book loss.?

    Kartik, replies: Hi Surendra, hold it Short/Mid term if possible, can do well

  7. MRP Says:
    December 12th, 2012
    Posted at: 9:28 pm

    IDFC strong resistance & support?

    thanks
    MRP

    Kartik, replies: Hi MRP, faces support at 175 for now, if it manages to trade above 175 for another 2-3 days, can see 188+ lvls

  8. lalit Says:
    December 12th, 2012
    Posted at: 9:37 pm

    Dear Kartik,
    I want to buy 500 Balmer lawrie can i go ahead tommorow, Pls advice
    Regards

    Kartik, replies: Hi lalit, enter 250 for now, since Markets are near support of 5870, it can be entered for Mid/Long term

  9. dsp Says:
    December 12th, 2012
    Posted at: 9:47 pm

    wts heromotors fate for 2 days?

    Kartik, replies: Hi dsp, seems can give a bounce upto 1920

  10. syed Says:
    December 12th, 2012
    Posted at: 9:56 pm

    Hi Karthik, i want to buy 1000 finolex shares tomo. Is dat the right time to buy....?

    Kartik, replies: Hi syed, finolex cables has rallied quite a lot lately, would be better to wait for a dip in it

  11. david Says:
    December 12th, 2012
    Posted at: 10:07 pm

    Hi Sir, i wud lke to invest my money in NBFC sectors. What is ur view about NBFC sectors.
    Can you give any alternate sector for safe trading?.

    Kartik, replies: Hi david, GE, most of the stocks in NBFC (non banking finance companies) have already rallied quite a lot in the past few months and can be a risky bet to invset in them now, Pharma is considered to be one of the most safe sector, but its a slow mover

  12. sai Says:
    December 12th, 2012
    Posted at: 10:26 pm

    can i go call for timken?

    Kartik, replies: Hi sai, faces support at 185, wait for 1-2 days to see if it manages to sustain its support of 185

  13. Redbull Says:
    December 12th, 2012
    Posted at: 10:28 pm

    Hi Karthik.

    Holding Adhunik Metaliks @ higher levels, pl advise on avging @ current levels.

    Kartik, replies: Hi Redbull, dont add more of it yet, faces strong support at 40 lvls, add some more if it manages to sustain above 40 for another 2-3 days time

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