Intraday calls for 16-11-10

Quotes with Resistance & Support

Market Information

Intraday calls for 16-11-10

Posted on: November 16th, 2010 at 8:25 am

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Markets likely to open flat. Support for nifty is at 6030 and resistance at 6150.

Buy Hindustan Oil Exploration Company Ltd at 259-262, target: 268-270. Stoploss: 252

Trade in small quantity

11.40pm – Avoid fresh longs for time being. If holding few hedge with nifty 6000 puts

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624 Responses

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Kartik Says:
November 16th, 2010
Posted at: 1:33 pm
Hi gowri, may find some support near 5950 levels it seems
Ravi Says:
November 16th, 2010
Posted at: 1:33 pm
how many years it will take to reach given target 160 for sel manufacturing
DS Says:
November 16th, 2010
Posted at: 1:33 pm
Dear Kartik,
Shd i buy any call now that the markets have already fallen so much?
Kartik Says:
November 16th, 2010
Posted at: 1:34 pm
Hi DS, not yet. global markets are going negative.
gowri Says:
November 16th, 2010
Posted at: 1:34 pm
ok, so at that level wat shud b purchase price n 3 months tgt for on mobile?
Kartik Says:
November 16th, 2010
Posted at: 1:35 pm
Hi gowri, enter near 274
sarath Says:
November 16th, 2010
Posted at: 1:35 pm
hey karthik/CB.. whats ur opinion on TTML?
gowri Says:
November 16th, 2010
Posted at: 1:36 pm
thnx a ton kartik.
Kartik Says:
November 16th, 2010
Posted at: 1:36 pm
Hi Ravi, not sure yet. promoter holding is a worry
Hi sarath, can see 23.50 in short term
Kartik Says:
November 16th, 2010
Posted at: 1:36 pm
Hi gowri, most welcome.
ARAVIND Says:
November 16th, 2010
Posted at: 1:37 pm
Hi Karthik,
l exit reliance capital which l bought @789 now 753. Any stock in ur advice for covering this loss.
Arunava Says:
November 16th, 2010
Posted at: 1:37 pm
can you tell me any stock that can rise from here
Kartik Says:
November 16th, 2010
Posted at: 1:38 pm
Hi ARAVIND, ok. for now lets wait. nifty needs to settle a bit
Hi Arunava, on dips add voltas and ttl
VEERU Says:
November 16th, 2010
Posted at: 1:38 pm
Kartik sir how promoters holding effect the share/company
Arunava Says:
November 16th, 2010
Posted at: 1:38 pm
though I have purchased today [email protected] & ASHAPURMIN @48.3
AJ Says:
November 16th, 2010
Posted at: 1:39 pm
Do you think REL MEDIA charts are still strong.... will it close above 260 today?