Quotes with Resistance & Support
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Intraday calls for 08-11-10

Posted on: November 8th, 2010 at 8:23 am

Markets likely to open slightly higher. Resistance for nifty is at 6360 and support at 6240

Buy Ashok Leyland at 79.20, target: 82. Stoploss: 77.50 – (Book profits at 81.50-82)

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694 Responses

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  1. Kartik Says:
    November 8th, 2010
    Posted at: 8:55 pm

    Hi AJ, yes, its a good bet, accumulate it on dips for Mid term


  2. Tejas Says:
    November 8th, 2010
    Posted at: 9:05 pm

    Thanks sir


  3. Akash Says:
    November 8th, 2010
    Posted at: 9:08 pm

    Hi CB, Ok. Can we expect 1000% return in Tata Motors/ LIC etc in next 2-3 years? Same with HDFC, SBI, VENLEYS in next 3-5 years?


  4. Gitanjali Says:
    November 8th, 2010
    Posted at: 9:17 pm

    Hi Kartik, Can we short sbi .. tomorrow..? [if GMDC & powergrid... aren't the right choices ]
    if yes ..May I kindly hve the intra-day , res & sup.. pl..


  5. nag Says:
    November 8th, 2010
    Posted at: 10:00 pm

    I want to go any banking sector for 15 days . What will be better.
    Pl. send your reply


  6. SA Says:
    November 8th, 2010
    Posted at: 10:12 pm

    Good Evening CB Sir, Sir today i bought 300 Provogue @ 77.93 / Share, Sir wat shud be the scenario for this & Power grid FPO shud one apply for that.


  7. Kartik Says:
    November 8th, 2010
    Posted at: 10:29 pm

    Hi Tejas, most welcome

    Hi Akash, they can add 150-200% returns in the next 2-3 years time

    Hi nag, Axis bank above 1570 looks good

    Hi Gitanjali, sbi is likely to open gap down, dont go short on opening, wait for some time

    Hi SA, GE, hold Provogue for 3-4 days, it can see 82, dont enter PowerGrid yet


  8. Akash Says:
    November 8th, 2010
    Posted at: 10:33 pm

    Hi Kartik, Shud I buy Jub Food or Wock Pharma in intraday for tomorrow? Which one is good bet. Target 435+ for Wock Pharma and 675+ for Jub Food. Pls suggest.


  9. Arun Says:
    November 8th, 2010
    Posted at: 10:35 pm

    Can sbi result effect idbi tommorow in any way...


  10. vishal Says:
    November 8th, 2010
    Posted at: 10:35 pm

    Hi Kartik, Can we enter Voltas , hUL for short term .. what are the targets for short term on these


  11. Gitanjali Says:
    November 8th, 2010
    Posted at: 10:40 pm

    Hi Kartik, ok.. shall to go short in futures'..Thanks
    May I kindly have the support and resistance...for sbi , intra day pl?


  12. Kartik Says:
    November 8th, 2010
    Posted at: 10:40 pm

    Hi Gitanjali, it faces strong support around 3250, lets wait to see how it opens up, dont go short on opening tough


  13. Gitanjali Says:
    November 8th, 2010
    Posted at: 10:41 pm

    shall wait to go short....


  14. Kartik Says:
    November 8th, 2010
    Posted at: 10:41 pm

    Hi Akash, both of them will open gapup, dont enter on rise

    Hi Arun, no

    Hi vishal, you may enter Voltas, it can see 290


  15. Gitanjali Says:
    November 8th, 2010
    Posted at: 10:43 pm

    Hi Kartik, ok... thanks ever so much ...
    shall not short early on ... thanks again..


  16. Kartik Says:
    November 8th, 2010
    Posted at: 10:45 pm

    Hi Gitanjali, most welcome, Good night

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