Quotes with Resistance & Support
Market Information

Intraday calls for 21-11-12

Posted on: November 21st, 2012 at 8:30 am

Markets likely to open flat, resistance for Nifty at 5620

Buy Axis bank around 1220, Target: 1250, SL 1198 – (Book profit at 1234)

(trade in small quantity)

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333 Responses

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  1. Kartik Says:
    November 21st, 2012
    Posted at: 8:47 am

    Hi Pravin, 275-280 acted as its strong support, if it continues to trade below 275 would be better to exit

    Hi bhima, Yes, both of them look weak technically, hold them


  2. Kartik Says:
    November 21st, 2012
    Posted at: 8:48 am

    Hi sandeep, can see around 250 today, book in your PE, re-enter once it breaks 248 (faces strong support at 250 lvls)

    Hi lonely, it looks weak overall, try to exit on any rise today

    Hi chetan, wait for some more dip in it, around 105 lvls


  3. Lotus Says:
    November 21st, 2012
    Posted at: 8:50 am

    GM KARTIK, which stock is good for intraday? M&M OR AXIS BANK? pl suggest level to buy and exit also.


  4. lonely Says:
    November 21st, 2012
    Posted at: 8:50 am

    Hi Kartik, can i enter pe of ril on any rise


  5. Akash Says:
    November 21st, 2012
    Posted at: 8:51 am

    Hi Kartik, GM. SHould I sell McDow-N 2100 CE in big loss and buy Axis bank 1300 CE to recover the loss entirely.. will that see some really good level that even 1 lot can cover my 12k loss :( Or hold McDow-N for this expiry? Any +ve news for McDow-N?


  6. sanzy Says:
    November 21st, 2012
    Posted at: 8:52 am

    hi Kartik/CB

    what is the trade in Nifty today...
    can we go long at the opening for a 20-30 point move and exit..


  7. Kartik Says:
    November 21st, 2012
    Posted at: 8:54 am

    Hi Lotus, Buy Axis bank around 1220, Target: 1250, SL 1198


    Hi lonely, Yes, it looks weak below 800

    Hi Akash, United SPriits could give a small bounce today, try to exit from the CE on rise

    Hi sanzy, can be longed with a SL at 5550


  8. Ripul Says:
    November 21st, 2012
    Posted at: 8:55 am

    Hi Kartik.. Good morning..
    Whats ur view on Tatasteel, Indian Hotel, Jain irrigation, Hindalco and Sintex..
    Is there any negative news 4 any of them...otherwise I feel like buying for short term..


  9. Lotus Says:
    November 21st, 2012
    Posted at: 8:56 am

    OK kartik, may i know the reason of AXIS BANK to go up today? as market seems to be down..


  10. Kartik Says:
    November 21st, 2012
    Posted at: 8:56 am

    Hi Ripul, they look weak technically, could give a small bounce (some short covering), but entring them for Short term can be a risky bet


  11. Kartik Says:
    November 21st, 2012
    Posted at: 8:56 am

    Hi Lotus, faces strong support at 1200 (seems can give a bounce)


  12. RKB Says:
    November 21st, 2012
    Posted at: 8:56 am

    Good Morning Sir,

    Is it because Axis bank never failed to jump on GOLDEN CROSS formation?
    Thanks!
    RKB


  13. ralan Says:
    November 21st, 2012
    Posted at: 8:57 am

    Piramal life. Owner stake to go up from 33% to 54%. can i buy it for intraday at cmp


  14. Kartik Says:
    November 21st, 2012
    Posted at: 8:57 am

    Hi RKB, Gm, faces strong support at 1200 (seems can give a bounce)

    Hi ralan, it may open gap-up, dont enter it on rise


  15. Lotus Says:
    November 21st, 2012
    Posted at: 8:59 am

    ok thanks kartik......


  16. AJ Says:
    November 21st, 2012
    Posted at: 8:59 am

    GANESH JEWEL HOUSE for intraday?

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