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. 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 ?


  2. SAI Says:
    November 22nd, 2010
    Posted at: 1:38 pm

    OK KARTIKBAI.
    THANKS


  3. Dhana Says:
    November 22nd, 2010
    Posted at: 1:38 pm

    Hi Kartik,

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


  4. rafi Says:
    November 22nd, 2010
    Posted at: 1:38 pm

    onemore cb......what about reliance will it go up


  5. Lancy Says:
    November 22nd, 2010
    Posted at: 1:39 pm

    Hi
    DO u expect more upside movement in the market.?


  6. bishan Says:
    November 22nd, 2010
    Posted at: 1:39 pm

    Hi Kartik, sir any other call 4 today


  7. geethika Says:
    November 22nd, 2010
    Posted at: 1:40 pm

    hi karthik namasthe


  8. Mac Says:
    November 22nd, 2010
    Posted at: 1:40 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??


  9. gopal Says:
    November 22nd, 2010
    Posted at: 1:43 pm

    Hi Kartik

    today morning i got Herohonda future @ 1965/- for intraday now at my cost price what to do plz advice sir


  10. raj Says:
    November 22nd, 2010
    Posted at: 1:43 pm

    Can i add more?? i short 200 shares


  11. SAMA Says:
    November 22nd, 2010
    Posted at: 1:48 pm

    hi
    sir i'm holding punjlyod last 4-5 month ago...
    now 114 around i buy 50 share of 165 too loss now..
    can buy some more and avg.....suggest me....


  12. pradip Says:
    November 22nd, 2010
    Posted at: 1:48 pm

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


  13. geethika Says:
    November 22nd, 2010
    Posted at: 1:51 pm

    Hi rafi, Sales decline 3.60% to Rs 417.27 crore

    Net profit of KRBL rose 27.03% to Rs 38.87 crore in the quarter ended September 2010 as against Rs 30.60 crore during the previous quarter ended September 2009. Sales declined 3.60% to Rs 417.27 crore in the quarter ended September 2010 as against Rs 432.85 crore during the previous quarter ended September 2009.

    Particulars Quarter Ended
    Sep. 2010 Sep. 2009 % Var.
    Sales 417.27 432.85 -4
    OPM % 16.25 12.10 34
    PBDT 59.93 44.48 35
    PBT 51.22 38.13 34
    NP 38.87 30.60 27


  14. lalith Says:
    November 22nd, 2010
    Posted at: 1:52 pm

    though Syndicate bank is moving up, why the 150CA is showing lower premium :(


  15. shiva Says:
    November 22nd, 2010
    Posted at: 1:56 pm

    whats the view on shreeashta?


  16. Karan Sharma Says:
    November 22nd, 2010
    Posted at: 1:57 pm

    Can i buy NIFTY 6000 Call @ CMP?

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