Quotes with Resistance & Support
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Intraday calls for 02-11-12

Posted on: November 2nd, 2012 at 8:28 am

Markets likely to open higher, Support for Nifty at 5650

Buy Dena bank around 106, Target: 112, SL 102 – (Book profit in Dena bank at 109)

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850 Responses

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  1. H A M Says:
    November 3rd, 2012
    Posted at: 1:11 am

    Dowjones == -135 points

    Nasdaq == -35 points

    S&P == -13 points

    Low points of the day.....,


  2. Subbu Says:
    November 3rd, 2012
    Posted at: 1:24 am

    Hi ham... Can u advice me on m&m ??can I enter that


  3. H A M Says:
    November 3rd, 2012
    Posted at: 2:06 am

    Hi Subbu, Sure, M&M is good bet for short-term period and is in up-trend. It has good support @872, if breaks it may fall further, buy it in any possible dip for a target of 1050/1100 in 1-1.5 months time period. Right now it's trading at highs, it's a bit risk to enter at current levels and if u wish to but it, keep stop-loss of 870, next very strong support comes @ 822. Good luck and GN :)


  4. Sohan Says:
    November 3rd, 2012
    Posted at: 10:46 am

    TATA MOTORS and SBI may face pressure ahead of result next week,,, this time also both disappoints the investors, SBI may test 1850 once again and TATA may test 220 once again,,, US election disappoints nifty also test 5500, then these 2 are the top selling stocks..


  5. amit Says:
    November 3rd, 2012
    Posted at: 11:10 am

    Hi Sohan, Some experts says these 2 stocks decides the further direction for nifty, is it write?


  6. Kartik Says:
    November 3rd, 2012
    Posted at: 11:24 am

    Hi cvrprakash, Yes, has been quite unexpected, seems to have reacted to Global ques and also some FII buying, for now it does seem we may open lower on Monday

    Hi amit, Yes, Sbi and Tata motors are Nifty stocks, Tata motors has its rsults on 7th Nov and SBI on 9th Nov


  7. Ravichandran Says:
    November 3rd, 2012
    Posted at: 11:45 am

    HI CB / KARTIK / ROBOTGUY / HAM / SR / KBTRADER AND ALL GOOD MORNING, HAVE A GOOD DAY...........:)


  8. Sonia Says:
    November 3rd, 2012
    Posted at: 11:45 am

    Hi Kartik, I think good chance to take short position in tata motors @ 270 levels last time during its result week(before result) it rise 20%, i think this time reverse may happens due to US election issue, SBI also drop 15% before results, history repeats r not?


  9. Mayank Says:
    November 3rd, 2012
    Posted at: 11:49 am

    Hi Kartik, I have ADANI ENT and IDFC with me as BTST, plz get me target for both on Monday !!
    Secondly How is my take on them ?? are they risky bet ??


  10. Kb trader Says:
    November 3rd, 2012
    Posted at: 11:57 am

    Hi Ravichandran, GOOD MORNING, You too have a good day :)


  11. Sonia Says:
    November 3rd, 2012
    Posted at: 12:09 pm

    Hi Kb trader, GM sir, Big discussion is spread regarding TATA MOTORS and SBI results in NDTV, acc to experts last week these two stocks volume and other inner aspects changes drastically, may see big buzz after its results,,,,these changes made after 5 quarter when tata motors drop nearly 20% in 3 days (1350-950)


  12. Sonia Says:
    November 3rd, 2012
    Posted at: 12:18 pm

    Hi Kb trader, Hi Kartik, Please guide me i have taken long position in these two stocks but in TV channels some serious discussion started due to volume action, shall i exit on monday r hold?


  13. Kb trader Says:
    November 3rd, 2012
    Posted at: 12:23 pm

    Hi Sonia, im not sure abt this.. cb will help you


  14. Kartik Says:
    November 3rd, 2012
    Posted at: 12:26 pm

    Hi Ravichandran, Good morning

    Hi Sonia, hold your longs with a SL at 264 for Tatamotors and 2130 for SBIN, since both have their results next week, they can be very volatile, keep a close watch on them

    Hi Mayank, Adani looks weak below 230, try to exit it on any rise, IDFC can see around 172 on Monday, book on rise


  15. Akash Says:
    November 3rd, 2012
    Posted at: 12:33 pm

    Hi Kartik, Hi Kb trader, Weekly buzzing stocks top rated is TATA MOTORS and SBI what it means? can i buy tata motors 240 pe fora tgt 15+


  16. Kartik Says:
    November 3rd, 2012
    Posted at: 12:40 pm

    Hi Akash, has got its results on 7th Nov, avoid entring before that, can be very volatile ahead of its results next week

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