Quotes with Resistance & Support
Market Information

Intraday calls for 16-11-11

Posted on: November 16th, 2011 at 5:30 am

Markets likely to open flat/ slightly higher. Resistance for nifty is at 5140.

If markets show weakness later during the day, sell: Reliance communications

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192 Responses

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Comment pages: 5678910111213Show all

  1. Kartik Says:
    November 16th, 2011
    Posted at: 7:39 pm

    Hi BAKUL, most welcome

    Hi a.shanmugam, it looks weak, exit from it

    Hi Kb, GE

    Hi CA.Tejas, avoid shorting stocks that have already slipped by 10-15% within a weeks time, a bounce is always certain, no new call yet

    Hi DJ, GE, hold SKumars with a Sl at 33 for 1-3 days, can see 29


  2. DJ Says:
    November 16th, 2011
    Posted at: 7:45 pm

    Ok kartik
    thx for responding bro...can i short fsl tmrw @ 9.40-9.50?


  3. gayaram Says:
    November 16th, 2011
    Posted at: 7:52 pm

    Hi Kartik, GE. nifty closed below 50 dma. will nifty see somemore downside?


  4. ravi Says:
    November 16th, 2011
    Posted at: 8:18 pm

    hi sir, can i buy lanco at cmp 13 if yes what should be the target & stop loss


  5. Kartik Says:
    November 16th, 2011
    Posted at: 8:28 pm

    Hi ravi, no, it looks weak

    Hi gayaram, a small bounce is possible tomorrow as we have slipped quite a lot in the past few days

    Hi DJ, most welcome, no, dont go short for intraday


  6. DJ Says:
    November 16th, 2011
    Posted at: 8:38 pm

    ok bro.can i long hdil if opens down?or sud go long?


  7. Kb Says:
    November 16th, 2011
    Posted at: 9:31 pm

    Hi DJ, hmm .. its not rupee symbol, its logo of raw.. :D

    Hi Kartik, Ge


  8. Kartik Says:
    November 16th, 2011
    Posted at: 9:38 pm

    Hi DJ, no, its in a downtrend


  9. DJ Says:
    November 16th, 2011
    Posted at: 9:38 pm

    Good lord KB,,,in that case plz find ppl behind shorting renuka,and put them in jail


  10. Rise Says:
    November 16th, 2011
    Posted at: 9:55 pm

    sir target for bhel...and crompton.....any chance of dem getting recover ?


  11. Jitendra Says:
    November 16th, 2011
    Posted at: 10:00 pm

    hi i have shorted dlf @ 209 can i hold ?


  12. Kartik Says:
    November 16th, 2011
    Posted at: 10:12 pm

    Hi Jitendra, hold it for 2-3 days with a SL at 216

    Hi Rise, they might take a while to recover as are trading below major support levels


  13. ttsathya Says:
    November 16th, 2011
    Posted at: 10:17 pm

    Sir bt Alok Tex fut @19.1. Pl guide


  14. deepak Says:
    November 16th, 2011
    Posted at: 10:18 pm

    hi kartik, i m currently short in cipla at 309, pls advise


  15. Kartik Says:
    November 16th, 2011
    Posted at: 10:43 pm

    Hi deepak, its more of a defensive bet, hold the short wiht a tight SL at 314

    Hi ttsathya, hold it for 2-3 days with a SL at 18.5, can add some gains if Markts manage to see some recovery ahead


  16. ramesh kumar Says:
    November 16th, 2011
    Posted at: 10:56 pm

    hi,
    can i buy nifty 4700 put call
    will market crash till this level..

    waiting for your reply

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