Intraday calls for 22-11-10

Quotes with Resistance & Support

Market Information

Intraday calls for 22-11-10

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

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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

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439 Responses

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Comment pages: 15 16 171819 20 21 22 23 Show all

govinda Says:
November 22nd, 2010
Posted at: 2:14 pm
sir,
g.m.
what will be the banknifty closing to day or low today pl
Mac Says:
November 22nd, 2010
Posted at: 2:15 pm
Hi.. I am writing this for the third time....
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...
Lancy Says:
November 22nd, 2010
Posted at: 2:15 pm
DO u expect more upside movement in the market.?
AJ Says:
November 22nd, 2010
Posted at: 2:18 pm
TATA STEEL going up....will it come down before eod?
tejas shah Says:
November 22nd, 2010
Posted at: 2:19 pm
Your views on Dujodwala Products Ltd, some one has suggested me with target of 100 in 1 - 2 months & it is fundamentally strong...
I would like to know your views on the same...
AT Says:
November 22nd, 2010
Posted at: 2:19 pm
Kartik,
Holding 6000 PE @ 51? shall i exit or hold?
Kartik Says:
November 22nd, 2010
Posted at: 2:20 pm
Hi NAZIR, yes
Hi Mac, Markets have seen some recovery today, hold them for another 2-3 days time
Hi Lancy, cant be sure, lets wait to see how Dow reacts today
Hi shiva, sorry, it seems that the company is not publishing its 30th Sep (this) quarter results, here's the announcment " Nelco Ltd has informed BSE that the Company's financial year 2009-10 has ended on September 30, 2010. The Company will publish its audited annual financial results for the year ended September 30, 2010 within the specified period of sixty days from the end of the financial year.
In view of this, the Company will not be submitting Unaudited financial results for the last quarter ended September 30, 2010."
Kartik Says:
November 22nd, 2010
Posted at: 2:21 pm
Hi AJ, has been moving with the Markets, keep a SL at 624
Hi AT, hold it till tomororw
Hi tejas shah, avoid it, its a average bet fundamentally
Kartik Says:
November 22nd, 2010
Posted at: 2:21 pm
Hi Nandith, hold them for 1-2 months time, they can do well
wajeed Says:
November 22nd, 2010
Posted at: 2:21 pm
you miss my query before
Hi kartik can i sell educomp now i bought it for @597 now its 615 can i book profits or hold them wht is ur target price thanks in advance.
Kartik Says:
November 22nd, 2010
Posted at: 2:22 pm
Hi SAI, its a risky bet in current Market situations
Kartik Says:
November 22nd, 2010
Posted at: 2:22 pm
Hi wajeed, hold it for some more time, keep a trailing SL at 610
lalith Says:
November 22nd, 2010
Posted at: 2:22 pm
Syndicate bank 147.80 , :) , can i exit here or hold for 150 ++
Kartik Says:
November 22nd, 2010
Posted at: 2:23 pm
Hi lalith, hold it with a trailing SL at 145 for a target of 155
shiva Says:
November 22nd, 2010
Posted at: 2:23 pm
thanks
AT Says:
November 22nd, 2010
Posted at: 2:24 pm
Ok....kartik.....will hold till 2morrow