Quotes with Resistance & Support
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Intraday calls for 16-11-10

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

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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  1. Kartik Says:
    November 16th, 2010
    Posted at: 3:31 pm

    Hi Ansar, would advice to exit from it, it looks weak below 110, try to exit it on rise on Thursday

    Hi ccyber1402, most welcome


  2. raj Says:
    November 16th, 2010
    Posted at: 3:33 pm

    Karthik,

    DLF and unitech pls suggest


  3. megha Says:
    November 16th, 2010
    Posted at: 3:34 pm

    Hi Kartik Sir,
    why market is falling?
    wat could be the reason.


  4. yogi Says:
    November 16th, 2010
    Posted at: 3:35 pm

    Hi Kartik, karthik and every one on ng
    Id MUBAARAK


  5. Rams Says:
    November 16th, 2010
    Posted at: 3:35 pm

    Karthik , will unitech bounce back ... have long in futures


  6. Kartik Says:
    November 16th, 2010
    Posted at: 3:38 pm

    Hi raj, continue to hod them for Short term

    Hi yogi, thanks, same to you

    Hi Rams, it might take some time, if possible hold it for 1-2 months

    Hi megha, there was a lump in commodity futures and worries about a government clampdown on escalating food prices triggered a large sell-off in our Markets today, this was also followed by weak Global ques


  7. subramani Says:
    November 16th, 2010
    Posted at: 3:39 pm

    Hi Kartik,
    Any chance that reliance bounce back to 1060. i have 1040 and 1050 call option.


  8. raj Says:
    November 16th, 2010
    Posted at: 3:41 pm

    karthik,

    Market expected to bounce back on thursday???


  9. shiva Says:
    November 16th, 2010
    Posted at: 3:43 pm

    shall I hold on to short term stock buys like GATI ,Rajesh EXp, HMT , KGL , BOC, TTL ?? Is there panic??


  10. yogi Says:
    November 16th, 2010
    Posted at: 3:46 pm

    Hi megha, TheWholesale Price Index (WPI) came down to reach a nine month low at 8.58% inOctober primarily due to fall in prices of primary articles, particularly fooditems during the month. (BS)


  11. Pr@$@nth Says:
    November 16th, 2010
    Posted at: 3:46 pm

    Hi megha, some Korean bank strategy probs...
    Based on Global Ques..also...not doing well..
    Hi raj, hold it...with short to mid term...govt making policy to the favour on reality sector...i think you get the stock raise...don't worry...inflation data effected the Reality sector stocks..


  12. KSK Says:
    November 16th, 2010
    Posted at: 3:51 pm

    kartik,CB
    have onmobile @340 its in cash cmp is 290 i can hold it but just wanted to knw is it worth holding.. i bot with target of 360-370 can i still stick with same target?? any timeframe..


  13. Gaurang patel Says:
    November 16th, 2010
    Posted at: 3:54 pm

    Karnataka bank taken on 193 ? today close on 183 your suggection plz


  14. SM Says:
    November 16th, 2010
    Posted at: 3:59 pm

    Sirji,

    Today EDUCOMP has shown good up move ? It is good to hold ? Any TGT ???

    Pls advice ?


  15. yogi Says:
    November 16th, 2010
    Posted at: 4:01 pm

    Hi KSK, OnMobile has captured leadership position in the non-SMS VAS market with a dominant ~33% share. In Q4 FY10, it outgrew VAS industry by 400bps yoy even as incumbent telcos battled a fierce pricing war in voice and addressable VAS revenues remained stagnant. International footprint is likely to expand as deployment of RBTs commences on Telefonica and Vodafone networks in Latin America and emerging markets. This would diversify a hitherto India-centric revenue base (~75% of FY10 sales). Also, investments, mostly on Telefonica deal, did suppress EBIDTA in FY10 but would bear fruit over the next few years. We reckon revenue/PAT would post a ~24%/49% CAGR over FY10-12 driven by steady domestic growth and Telefonica; stock trades at the bottom end of historic PER band, which supports our BUY for a 9-month TP of Rs373.


  16. yogi Says:
    November 16th, 2010
    Posted at: 4:08 pm

    Hi SM, Net profit of Educomp Solutions rose 49.27% to Rs 75.23 crore in the quarter ended September 2010 as against Rs 50.40 crore during the previous quarter ended September 2009. Sales declined 3.72% to Rs 199.17 crore in the quarter ended September 2010 as against Rs 206.87 crore during the previous quarter ended September 2009.

    Particulars Quarter Ended
    Sep. 2010 Sep. 2009 % Var.
    Sales 199.17 206.87 -4
    OPM % 44.98 49.68 -9
    PBDT 90.97 102.05 -11
    PBT 80.86 76.14 6
    NP 75.23 50.40 49

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