Quotes with Resistance & Support
Market Information

Intraday calls for 01-12-11

Posted on: December 1st, 2011 at 8:27 am

Markets likely to open higher, resistance at 5010

Buy ACC around 1145, Target: 1165, SL 1130
(trade in small quantity)

12.18pm – buy DLF at 216.50, target: 224. Stoploss: 211 (1-2 day hold)

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387 Responses

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  1. lalith Says:
    December 1st, 2011
    Posted at: 9:09 am

    Hi Kartik, Good Morning to you & all my fellow traders

    I wish everyone a profitable day ahead.


  2. vs Says:
    December 1st, 2011
    Posted at: 9:10 am

    goodmorning kartik, can i enter in tata motors for intraday? if yes suggest d level to exit plz.


  3. Kartik Says:
    December 1st, 2011
    Posted at: 9:11 am

    Hi Aravind, both can add 3-4%

    Hi vs, it might open higher with the Markets, dont enter it on rise for intraday


  4. dak Says:
    December 1st, 2011
    Posted at: 9:11 am

    Great ! Finally a strong market and I am holding only shorts ! :-( Kartik, what to do? can i average shorts near 5010 ?


  5. Kartik Says:
    December 1st, 2011
    Posted at: 9:12 am

    Hi arun bj, it might open higher with the Markets, dont enter it on rise for intraday

    Hi lalith, GM, same to you


  6. vs Says:
    December 1st, 2011
    Posted at: 9:12 am

    ok txs kartik


  7. lalith Says:
    December 1st, 2011
    Posted at: 9:13 am

    Market Outlook today : Everyone Knows that we are going to open higher today. The Question remains is are we going to sustain here?

    The advise here would be to book profits in longs & sit on cash.

    For those Holding shorts it's time to hedge your positions with Feb Futures accordingly.

    The Final SL where Trend reversal would happen is around 5225.

    The near term is still bearish. One who want to initiate fresh short position can keep a SL at 5080 to trade the swing. This would be positional on closing basis.

    Happy Trading!!


  8. ROHIT Says:
    December 1st, 2011
    Posted at: 9:14 am

    Hi Kartik, SIR CAN I BUY JP/RCOM/HDIL INTRADAY, PL. ADVICE TAR TODAY


  9. Karthik Says:
    December 1st, 2011
    Posted at: 9:14 am

    Hi kartik! GM. shall i buy 5200 CE at opening


  10. shiv Says:
    December 1st, 2011
    Posted at: 9:16 am

    CB whr to exit tcs having 1150 ce


  11. Akash Says:
    December 1st, 2011
    Posted at: 9:16 am

    Hi Kartik, Bought Ajmera at 121. Will it see 130+ as I am expecting/


  12. arun bj Says:
    December 1st, 2011
    Posted at: 9:16 am

    ok kartik what is the good support for icici bank


  13. Akash Says:
    December 1st, 2011
    Posted at: 9:18 am

    Hi Kartik, Market opened v high but 5700 CE is still not much high. Shud I exit? I was expecting that if Nifty sees 5000+, 5700 CE will be around 20 but it is jst near 1.75 :(


  14. Kb Says:
    December 1st, 2011
    Posted at: 9:19 am

    Hi Kartik, GM karthik


  15. Kartik Says:
    December 1st, 2011
    Posted at: 9:20 am

    Hi vs, most welcome

    Hi Kb, GM

    Hi Akash, its out of money, hold it for some more time, Ajmera is seeing profit booking now, keep a SL at 116

    Hi arun bj, at 740


  16. Kartik Says:
    December 1st, 2011
    Posted at: 9:20 am

    Hi shiv, book at CMP

    Hi ROHIT, no, dont enter them now

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