Quotes with Resistance & Support
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  1. S BHUVANA Says:
    January 15th, 2014
    Posted at: 8:04 pm

    Sir ,

    You advised not to buy PNB today as it has resistance at 610 . However the stock closed above that ( 615 ) ..So does it make it a BUY now ?

    Kindly advise for BOTH SINTEX as well as PNB ..

    Thanks...

    Kartik, replies: Hi S BHUVANA, hold SINTEX for a few more days, it looks good above 35, wait for PNB to close above 610 for another 2-3 days time

  2. MOHAN Says:
    January 15th, 2014
    Posted at: 8:06 pm

    SIR IHAVE WESTCOAST PAPER@67 AND IRB @90 PLS ADVICE.

    Kartik, replies: Hi MOHAN, hold West coast with a SL at 60 and IRB with a SL at 85 for short term (thei strong support levels)

  3. sunil.k.p Says:
    January 15th, 2014
    Posted at: 8:09 pm

    Hi kartik/CB,
    I am holding 1000 Arvind @153..any chance of this reaching 158 before Friday?
    Please advise...Thanks..

    Kartik, replies: Hi sunil.k.p, its already rallied quite a lot, may see some consolidation around 150-155 lvls before movingg higher

  4. Ankur Says:
    January 15th, 2014
    Posted at: 8:09 pm

    Whats your view on PTC for next 1 to 2 days.

    Kartik, replies: Hi Ankur, 62 acts as its strong resistance, above which it can do well in the short/near term

  5. NARAYAN Says:
    January 15th, 2014
    Posted at: 8:15 pm

    can i enter SINTEX & SKS for intraday? if yes at what level to entry, exit

    Kartik, replies: Hi NARAYAN, Sintex can be entered upto a target of 38.5

  6. Kartik Says:
    January 15th, 2014
    Posted at: 8:50 pm

    Hi reevu, it can be entered with aq SL at 430 for a target of upto 500 in the short term

    Hi Pooja1981, hold it, below 300 it looks weak

    Hi balaji, hold it for a target of 385 in few days

    Hi Ankur, 62 acts as its strong resistance, above which it can do well in the short/near term

    Hi badsha, hold the short with a tight sl at 146 (cash), it looks strong for now

    Hi kodees, its hovering aroundi t strong resistance of 295-300 lvls, hold the short wit ha SL at 300 (cash), for a couple of days more

    Hi Nithishkanna, faces strong support around 860 levels, resistance around 900, a breakout either ways is awaited

    Hi Abhija, they are likely to trade flat for Intraday

    Hi goutam, it looks more of a operator driven stock, avoid it

    Hi totaram, hold it with a SL at 292 for a few days, can give a bounce if Markets continue to trade strong ahead

    Hi vasudevan, avoid the mentioned stocks for now, have been searching for something, shall let you know by tomorrow morning

    Hi kodees, thanks for the update

    Hi sunil.k.p, its already rallied quite a lot, may see some consolidation around 150-155 lvls before movingg higher

    Hi MOHAN, hold West coast with a SL at 60 and IRB with a SL at 85 for short term (thei strong support levels)


  7. pooja1981 Says:
    January 15th, 2014
    Posted at: 9:02 pm

    Hi kodees, today there was not much difference between spot and fut. Price. So what difference would be there on 17th?
    Suppose I shorted at 297 when spot price was 296,, any adjustments made to the fut price will not affect my trade? Will it?

    CB, replies: Hi pooja1981, ok. these are a hold for now

  8. sonu Says:
    January 15th, 2014
    Posted at: 9:13 pm

    Sir I am holding HCL TECH 1300 PE (bought @ 30) and nifty 6500 CE (Bought @ 15) . Please advice .

    Kartik, replies: Hi sonu, Nifty looks strong, lets wait to see how they react tomorrow

  9. bala Says:
    January 15th, 2014
    Posted at: 9:19 pm

    Sir about jpassociates, jothistruc, punjlloyd please suggest target for one week with sl

    Kartik, replies: Hi bala, they've been movign with the Markets lately, can add upto 2-3% in a weeks time

  10. BIJAY KUMAR Says:
    January 15th, 2014
    Posted at: 9:46 pm

    sir today albk closed above 97 will it touch 102 -106 till monday.

    Kartik, replies: Hi BIJAY KUMAR, Yes, above 95 looks strong

  11. latha Says:
    January 15th, 2014
    Posted at: 9:53 pm

    can i go long current cmp idfc .... what is the target price ..... plz give me call me sir....

    Kartik, replies: Hi latha, IDFC can be entered with a SL at 100 for a target of upto 106 for tomorrow

  12. Debushi Says:
    January 15th, 2014
    Posted at: 10:00 pm

    Hi

    I am holding Asianpaints future @ 495. What about tomorrow's performance ?

    Kartik, replies: Hi Debushi, it can see around 498, hold it for a few days

  13. V V SUNDARAM Says:
    January 15th, 2014
    Posted at: 10:02 pm

    Hi Mr Kartik / Mr CB ,

    Can we enter long in any psu banks ? Say Bank of India or canara bank ?

    Kartik, replies: Hi V V SUNDARAM, banking stocks look weak for now, would be better to avoid them for a few days

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