Intraday calls for 01-11-11
Markets likely to open lower, support for Nifty at 5280, resistance at 5350
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Raghu Says:
November 1st, 2011
Posted at: 10:02 pm
Thank you kartik
DJ Says:
November 1st, 2011
Posted at: 10:03 pm
Holding 5200 PUT at 101, for last 3-4 days, can I get my money back tomarrow, book what ever I get in opening, or wait for my breakeven.
SaiPalanivel Says:
November 1st, 2011
Posted at: 10:11 pm
HI DJ,GE.yes gap down nifty open tomorrow your money back sure maybe . nifty 50 to 60 down opening tomorrow i am expect its my view only.lets wait how opening Asian markets open.
Kartik Says:
November 1st, 2011
Posted at: 10:14 pm
Hi himanshu, sorry, it seems to have reacted to weak Markets today, faces strong support at 825, can give a bounce, hold it for another 2-3 days
Hi Raghu, most welcome
Hi DJ, it can add some gains tomorrow at opening, book on rise
SaiPalanivel Says:
November 1st, 2011
Posted at: 10:18 pm
HI KARTIK SIR,GE.WHATS YOUR VIEW NIFTY COMING DAYS? ANY DOWN TEST BELOW 5200? PLEASE SUGGEST.
DJ Says:
November 1st, 2011
Posted at: 10:22 pm
Hi kartik
seems like 80-90 points down opening tmrw
SaiPalanivel Says:
November 1st, 2011
Posted at: 10:25 pm
HI DJ,yes likely to my view.but asian market opening react.
cvrprakash Says:
November 1st, 2011
Posted at: 10:26 pm
Dear CB,
After waiting for long time now only entered market with some confidence, this s really irritated to see this happenagain now.
What should I do now??
Also my question asked @2:30 pm missed. Kindly check.
Thanks
Kartik Says:
November 1st, 2011
Posted at: 10:29 pm
Hi SaiPalanivel, if there's a continuous flow of negative news for Global Markets, we too may slip lower
Hi DJ, Yes, also lets wait to see how Asian ques react
Hi cvrprakash, there are gain concerns of Greece, seems matter might take a wile to settle, hld Tata steel CE with a Sl at 465
SaiPalanivel Says:
November 1st, 2011
Posted at: 10:30 pm
Hi cvrprakash,GE.whats happen? your qurey
SaiPalanivel Says:
November 1st, 2011
Posted at: 10:32 pm
Thanks Kartik sir.good night.
Arshi Says:
November 1st, 2011
Posted at: 10:43 pm
Thanks Kartik &GN,
Arshi Says:
November 1st, 2011
Posted at: 10:45 pm
What About tomorrow market ,
Shadab Waseem Says:
November 2nd, 2011
Posted at: 1:08 am
Sir,
Can you suggest any option "PUT" tip for 2nd November.Also i have axisbank AXISBANK OPTSTK/1200/24 Nov 2011 (CE) at 28. Can i recover it
Thanks in advance
CB Says:
November 2nd, 2011
Posted at: 7:40 am
Hi SaiPalanivel, Good morning
Hi Arshi, Good morning. as of now seems may open 30 odd points lower. one can go long near 5200
Hi Shadab Waseem, no, dont enter puts yet. nifty has strong support at 5180-5200. can expect some bounce from here. axis bank is a hold. has support at 1130. can expect some bounce from here.