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

Posted on: November 11th, 2010 at 8:23 am

Markets likely to open flat. Support for Nifty is at 6230 and resistance at 6360.

Buy Dhampur Sugar Mills Ltd at 83.55, target: 86.50. Stoploss: 80.50
Buy Bharat Forge Ltd at 386.75, target: 395. Stoploss: 381

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790 Responses

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  1. Kartik Says:
    November 11th, 2010
    Posted at: 3:48 pm

    Hi Deepak7791, can see 780 in short term

    Hi yogi, ok.. bye. tc

    Hi Neetu, its a hold for now. should recover back in 1-2 months

    Hi Abhi, yes, looks good technically. can see 88-90

    Hi arunbj, hold it. can see 45

    Hi S Kumar, no, dont enter it yet.


  2. SM Says:
    November 11th, 2010
    Posted at: 3:55 pm

    hi.... sir,

    RANBAXY and TECHMAHINDRA can see good up move tomorrow ????

    pls advice


  3. Abhi Says:
    November 11th, 2010
    Posted at: 3:58 pm

    Thanks Karthik!


  4. simmi Says:
    November 11th, 2010
    Posted at: 4:00 pm

    target for TataMotors for tomorrow


  5. Ashok Says:
    November 11th, 2010
    Posted at: 4:31 pm

    Dear Kartik, I bought R.COM 190 CA at Rs.3.93 quantity 8000, what is the expected target for tom or in coming days. Please advice.


  6. CB Says:
    November 11th, 2010
    Posted at: 4:47 pm

    Hi SM, can see some bounce it seems

    Hi Abhi, most welcome

    Hi simmi, can see 1285

    Hi Ashok, hold it. is near good support levels. can see 185-188


  7. DS Says:
    November 11th, 2010
    Posted at: 4:51 pm

    Dear CB,

    Bharat Forge still a hold right?


  8. nithin2009 Says:
    November 11th, 2010
    Posted at: 4:52 pm

    cb..i hold 500 smartlink@62,200 voltas@ 255,300 lupin@450 and 300 rel [email protected] i hold it for more time or exit tmrw???


  9. Ashok Says:
    November 11th, 2010
    Posted at: 4:52 pm

    Thank you so much CB.


  10. Jharitsen Says:
    November 11th, 2010
    Posted at: 4:54 pm

    Good evening--some sell of in Korea before the G 20 summit appeared to trigger some selling in India--somebody talked of massive selling of 1.9bn$ in Korea last min of trade and Bloomberg news: South Korea's Kospi Index Tumbles as Options Expiry Triggers Foreign Sales-- is the selling likely to continue? Europe has had no effect of the same.Do we see markets going down tomorrow as well?


  11. Ashok Says:
    November 11th, 2010
    Posted at: 4:55 pm

    Dear CB, please also advice the expected target of Sterlite Industries 190 CA.


  12. Jharitsen Says:
    November 11th, 2010
    Posted at: 5:01 pm

    HPCL and TATASTEEL declaring results tomorrow--what are targets for HPCL and TATASTEEL tomorrow? Pantaloon declares results on sunday--what is out look for Pantaloon?


  13. arunbj Says:
    November 11th, 2010
    Posted at: 5:12 pm

    hi kartik cipla result ... how ll be react tomo ...?

    Drug maker Cipla has announced its results for the quarter ended September 2010. It has reported net profit at Rs 263 crore as against Rs 275.7 crore, degrowth of 4.61% on year-on-year basis.

    Net sales jumped 15.23% to Rs 1,579.9 crore from Rs 1,371.1 crore (YoY).


    In a press conference, the management of company said:
    -Domestic business grew by 14%
    -Exports degrew 1%
    -Q2 margins at 22.6%
    -PAT margins at 16.2%
    -Stick to FY11 guidance of 8-10%
    -Started new factory in Indore in April; investment of Rs 1000 crore


  14. Sandipan Says:
    November 11th, 2010
    Posted at: 5:14 pm

    Hi CB/Kartik...
    GE.
    Could u please tell me the target of Jasch Industries?


  15. Kartik Says:
    November 11th, 2010
    Posted at: 5:21 pm

    Hi DS, yes, it can give a bounce tomorrow

    Hi nithin2009, continue to hold them for another 1-2 months time

    Hi Jharitsen, Indian Markets have already outperformed the rest of the World, we seem to see some profit booking as of now, yes, next support is at 6150, below which we could go much lower, the results for Tata steel and Pantaloon are likely to bet good, HPCL might post flat results

    Hi Ashok, can add 3-5% tomorrow if Markets show some upmove

    Hi arunbj, its likely to add 1-2% tomorrow

    Hi Sandipan, can see 30 in a years time


  16. Kartik Says:
    November 11th, 2010
    Posted at: 5:22 pm

    Hi govinda, GE, Markets are seeing some profit booking as of now, might see around 6200 by Expir, dont enter IB Real yet

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