Quotes with Resistance & Support
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Intraday calls for 22-11-10

Posted on: November 22nd, 2010 at 8:24 am

Markets likely to open gap up. Support for nifty is at 5850 and resistance at 5970.

On rise one can short Tata steel near 615-620 levels with stoploss at 630.

Avoid fresh longs for now. Nifty looks weak below important support of 6000-6030. Please refer to the below nifty chart. (click on image to enlarge)

Nifty

Nifty

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439 Responses

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  1. smh Says:
    November 22nd, 2010
    Posted at: 1:18 pm

    Cb, holding col pal fut @ 890.5 pls guide tgts for tdy want to exit tdy ony Any sl in mind


  2. Mac Says:
    November 22nd, 2010
    Posted at: 1:19 pm

    I have JP Power FUTURE @ 66.25 and now its CMP 58..m at a loss of 33000/- wat to do??

    Also Please advise od AREVA T&D Future bot @ 296.2..now after long it has croo 296 - 297 level... hold or sell??? Thanks


  3. Ganesh Says:
    November 22nd, 2010
    Posted at: 1:26 pm

    Hi CB ! Whic scrip/s to short / long for intraday at this junctur ?


  4. Dhana Says:
    November 22nd, 2010
    Posted at: 1:28 pm

    Hi CB,

    I hold 2 lots of unitech 70 CA @ 2.25 now 1.2 what to do now??


  5. SAI Says:
    November 22nd, 2010
    Posted at: 1:29 pm

    Hi CB / Kartik, SHORTED TATASTEEL @ CMP. pLS GIVE TARGET & SL


  6. Rams Says:
    November 22nd, 2010
    Posted at: 1:29 pm

    Guys can anybody tell me what do u mean by roll over to next month series...


  7. Kartik Says:
    November 22nd, 2010
    Posted at: 1:32 pm

    Hi SAI, hold it. sl near 630

    Hi Rams, its when you want to continue to hold stocks in futures markets


  8. Kartik Says:
    November 22nd, 2010
    Posted at: 1:33 pm

    Hi SAI, just came online.


  9. SAI Says:
    November 22nd, 2010
    Posted at: 1:34 pm

    OK KARTIKBAI, THANKS. SORRY FOR THE INTERRUPTION


  10. rafi Says:
    November 22nd, 2010
    Posted at: 1:35 pm

    gud afternoon cb...why krbl is always in lower circuit..any specific reason


  11. Kartik Says:
    November 22nd, 2010
    Posted at: 1:37 pm

    Hi SAI, no issues

    Hi AJ, its a buy only above 630. for now hold short

    Hi bishan, hold it

    Hi rafi, Good afternoon. no, not really sure whats the news on it.


  12. Neetu Says:
    November 22nd, 2010
    Posted at: 1:37 pm

    Hi Kartik, any short term call


  13. Kartik Says:
    November 22nd, 2010
    Posted at: 1:37 pm

    Hi raj, hold for now.


  14. luckvijay Says:
    November 22nd, 2010
    Posted at: 1:37 pm

    sirji do i hold my shorts in nifty future and stocks fut or book loss in all?


  15. NAZIR Says:
    November 22nd, 2010
    Posted at: 1:38 pm

    HI KARTIK,
    I hv TTL @44.50 and EXIDE @166.50.EXide is strong but TTL looking weak today.Will exide touch 170 today.ur view


  16. pradip Says:
    November 22nd, 2010
    Posted at: 1:38 pm

    hi cb/kartik
    where do u think today market may close, do u see any correction today ?

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