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

Posted on: November 11th, 2011 at 8:28 am

Markets likely to open flat, support for nifty at 5180, resistance at 5250

Buy Eicher motors at 1710, Target: 1735, SL 1690

11.25am – buy 5200 call at 86, target: 100. Stoploss: 5130

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399 Responses

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  1. atul Says:
    November 11th, 2011
    Posted at: 8:58 am

    SHOT GSKCONS.......Target 2250....


  2. cvrprakash Says:
    November 11th, 2011
    Posted at: 8:58 am

    Dear Kartik,

    Coal India comes with its result tomorrow.
    Whats your view on this? Can I enter its 340 CA today?


  3. Kartik Says:
    November 11th, 2011
    Posted at: 8:59 am

    Hi ganesh, banking stocks are seeing some selling pressure coming in, dont enter it yet

    Hi Akash, you may buy some of Eicher motors

    Hi Krishna, hold Tata motors with a SL at 182 and DCB with a SL at 40 (hold them for Short temr)


  4. Kartik Says:
    November 11th, 2011
    Posted at: 8:59 am

    Hi cvrprakash, no, avoid news driven stocks


  5. Ravi Says:
    November 11th, 2011
    Posted at: 8:59 am

    Hi Kartik,

    I have some shares of Delta Corp and i am in loss the .I bought these shares at 102.Please suggest the outlook of the shares today?


  6. Kartik Says:
    November 11th, 2011
    Posted at: 9:00 am

    Hi Ravi, faces resistance at 101, hold them with a SL at 95 for Short term


  7. Ravi Says:
    November 11th, 2011
    Posted at: 9:01 am

    Thanks Kartik.


  8. Akash Says:
    November 11th, 2011
    Posted at: 9:02 am

    Hi Kartik, I can buy only one of Eicher in intraday bcoa of low margin. Shud I buy one? Also, one I can buy of McDowell also. Shud I buy one of both


  9. Rise Says:
    November 11th, 2011
    Posted at: 9:02 am

    sir what abt rcom?


  10. dak Says:
    November 11th, 2011
    Posted at: 9:02 am

    Kartik, how's reliance likely to do today ? holding 1 lot futures at 886 - what should I do ?


  11. Sourabh Says:
    November 11th, 2011
    Posted at: 9:02 am

    Gud Mrng Kartik...
    Where can see DLF today...having 240 and 250 CE...please advise


  12. lalit Says:
    November 11th, 2011
    Posted at: 9:04 am

    Hi Kartik
    buy price @106 of TATAMOTOR DVR wait or exit with loss?


  13. Kartik Says:
    November 11th, 2011
    Posted at: 9:06 am

    Hi Akash, you may enter United Spirits with a SL at 908

    Hi Ravi, most welcome

    Hi lalit, hold with a tight SL at 95

    Hi Sourabh, can give a small bounce, keep a SL at 230 (support)

    Hi Rise, likely to trade weak today

    Hi dak, hold the Long with a SL at 858 for now


  14. Sourabh Says:
    November 11th, 2011
    Posted at: 9:09 am

    Thanks Kartik...
    Should i clear it today itself or hold for 2-3 day...
    if yes...please advise where to clear....


  15. Kartik Says:
    November 11th, 2011
    Posted at: 9:10 am

    Hi Sourabh, hold it with a SL at 230, can give a bounce if Markets recover


  16. Wayne Says:
    November 11th, 2011
    Posted at: 9:11 am

    Hi Kartik, Can I short tatamotors at opening for a tgt of 180?

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