Quotes with Resistance & Support
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Intraday calls for 03-11-09

Posted on: November 3rd, 2009 at 9:13 am

Markets are likely to open weak.

If markets show recovery later during the day, buy: Century Textiles.

Options: On today’s weak opening buy Nifty 4700 call option. Stoploss: 4580 (book profits at 140)

1.15pm – buy 4700 put at cmp 134 with sl at 4730 on nifty ( book profits at 151)

2.30pm – buy 4600 call at cmp 149 with sl at 4580 on nifty (sl triggered)

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700 Responses

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  1. Pranav M. Says:
    November 3rd, 2009
    Posted at: 12:49 pm

    Hi Karan,
    I too exited REI at 48.30 recently.
    I would rater suggest you to average it if you wish to keep it for short term,
    or else exit it and invest the amount in Karuturi global,Its a prominent Bet.


  2. Kartik Says:
    November 3rd, 2009
    Posted at: 12:51 pm

    Hi sandeep, wait for some more time

    Hi Anil, keep a SL around 308 and hold

    Hi Pranav M.,


  3. Kartik Says:
    November 3rd, 2009
    Posted at: 12:51 pm

    Hi seban, Rpower is a hold for Short term


  4. Anil Says:
    November 3rd, 2009
    Posted at: 12:52 pm

    Karthik,
    Bharti can come down below 300 by any chance??


  5. Kartik Says:
    November 3rd, 2009
    Posted at: 12:54 pm

    Hi ANIL SAH, 4730

    Hi nv, around 450

    Hi Bala, not sure as of now

    Hi abhi, I would advcie to exit from it on any rise


  6. Akash Says:
    November 3rd, 2009
    Posted at: 12:55 pm

    Hi Kartik, Should I hold ROLTA or not. It is 4+ Rs. down from my buy price :(

    Like always, I am going to be in loss today also :(


  7. Kartik Says:
    November 3rd, 2009
    Posted at: 12:56 pm

    Hi Anil, not likley, as its already hammered down


  8. preeti Says:
    November 3rd, 2009
    Posted at: 12:57 pm

    hi kartik.wht to do wth balrampur chini.holdin at 143.now its 140


  9. Anil Says:
    November 3rd, 2009
    Posted at: 12:58 pm

    Karthik,
    Then shall i exit from my short @ 305 which is my cost??


  10. andy Says:
    November 3rd, 2009
    Posted at: 12:58 pm

    Hi Kartik,
    bought balchini @ 143 ?
    hold/exit.. plz advice
    thanks


  11. CB Says:
    November 3rd, 2009
    Posted at: 12:58 pm

    Hi preeti, hold it for some time..if intraday keep strict sl and hold..news of bajaj hind buying stake in bajaj is causing volatile movements in both these stocks.


  12. moanto Says:
    November 3rd, 2009
    Posted at: 12:59 pm

    Dear Karthik,

    Any intra day call?


  13. Abby Says:
    November 3rd, 2009
    Posted at: 12:59 pm

    hi Kartik,

    Hold or exit Century Tex .. bot @447 ... its intraday


  14. CB Says:
    November 3rd, 2009
    Posted at: 1:00 pm

    Hi Anil, yes

    Hi andy, hold it for now

    Hi moanto, as of now none.looking for some.


  15. Sanjay Says:
    November 3rd, 2009
    Posted at: 1:00 pm

    GUYS PLEse helpme out wid valchind...holding at 191...300 qty..onmargin..i will have to squareup by 3pm...will it go up or jus get out wid d losses now???


  16. Anil Says:
    November 3rd, 2009
    Posted at: 1:00 pm

    CB,
    Shorted BHARTI @ 305. Exit or hold?

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