Quotes with Resistance & Support
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Intraday calls for 17-11-11

Posted on: November 17th, 2011 at 8:24 am

Markets likely to open lower, Resistance for Nifty at 5070 and support at 4980.

Buy Cairn India around 307, Target: 315, SL 302 – (book profit at 313-315)

2.04pm – buy 4900 pe at 39.60, target: 50-52. Stoploss: 5010 on nifty – (book profit in 4900 pe at 50-51)

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359 Responses

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  1. DJ Says:
    November 18th, 2011
    Posted at: 12:46 am

    Abdul,i wanna short kfa tmrw?what u say


  2. Abdullah Says:
    November 18th, 2011
    Posted at: 12:51 am

    Hi Mary, Im fine. Hope u r too :) Keep Vguard and M&M.Should do well once mkts improve. Avoid JP infra and try to exit on a bounce


  3. Abdullah Says:
    November 18th, 2011
    Posted at: 12:56 am

    Hi DJ, No. for tmrw better not to short KFA. If manages to cross 26, can head to 28 in few trading sessions. Wait for it to break 20 and then we will see


  4. Mary Says:
    November 18th, 2011
    Posted at: 12:56 am

    Me also fine Abdullah
    JP Infra , my rate is 63 now 39 what i should do ? holding 300 shares


  5. Abdullah Says:
    November 18th, 2011
    Posted at: 12:57 am

    Hi DJ, Dont short KFA tomorrow


  6. Abdullah Says:
    November 18th, 2011
    Posted at: 1:03 am

    Hi Mary, Will find supp near 37.50 to 37. Res near 42. Exit on a bounce. I dont believe in averaging.


  7. DJ Says:
    November 18th, 2011
    Posted at: 1:05 am

    Ok abdul.appolo tyres,short?


  8. Mary Says:
    November 18th, 2011
    Posted at: 1:08 am

    when you get free time pl reply for my mail
    Good night Abdu


  9. Abdullah Says:
    November 18th, 2011
    Posted at: 1:12 am

    Hi DJ, Yes u can short apollo tyres. Keep SL at 61.70 cash level


  10. Abdullah Says:
    November 18th, 2011
    Posted at: 1:14 am

    Hi Mary, Sure. Good night :)


  11. DJ Says:
    November 18th, 2011
    Posted at: 1:15 am

    Ok Abdul,thx bhai,..lets c how tmrw market behaces.good night bro


  12. Abdullah Says:
    November 18th, 2011
    Posted at: 1:16 am

    Hi DJ, Most welcome. Good night :)


  13. pushp151961 Says:
    November 18th, 2011
    Posted at: 1:25 am

    gUD NIGHT aDBU AND dJ.


  14. Abdullah Says:
    November 18th, 2011
    Posted at: 1:27 am

    Hi pushp151961, Good night :)


  15. CB Says:
    November 18th, 2011
    Posted at: 2:29 am

    Hi ranjan, hold it. possible see a small bounce tomorrow. keep sl near 277 (closing basis)


    Hi thavva, it could be possible. depends more of global news flow. overall as of now looks weak

    Hi Kb, Good night

    Hi kartik, I have emailed you

    Hi pushp151961, its 4.50

    Hi Sohan, as of now its best to wait till markets settle a bit. as of now looks weak and seems can fall further

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