Quotes with Resistance & Support
Market Information

Intraday calls for 01-11-11

Posted on: November 1st, 2011 at 8:25 am

Markets likely to open lower, support for Nifty at 5280, resistance at 5350

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321 Responses

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  1. Raghu Says:
    November 1st, 2011
    Posted at: 10:02 pm

    Thank you kartik


  2. 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.


  3. 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.


  4. 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


  5. 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.


  6. DJ Says:
    November 1st, 2011
    Posted at: 10:22 pm

    Hi kartik
    seems like 80-90 points down opening tmrw


  7. SaiPalanivel Says:
    November 1st, 2011
    Posted at: 10:25 pm

    HI DJ,yes likely to my view.but asian market opening react.


  8. 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


  9. 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


  10. SaiPalanivel Says:
    November 1st, 2011
    Posted at: 10:30 pm

    Hi cvrprakash,GE.whats happen? your qurey


  11. SaiPalanivel Says:
    November 1st, 2011
    Posted at: 10:32 pm

    Thanks Kartik sir.good night.


  12. Arshi Says:
    November 1st, 2011
    Posted at: 10:43 pm

    Thanks Kartik &GN,


  13. Arshi Says:
    November 1st, 2011
    Posted at: 10:45 pm

  14. 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


  15. 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.

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