Intraday calls for 22-11-10
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)
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Mayur Says:
November 22nd, 2010
Posted at: 2:24 pm
Hi Kartik,Hello sir ji.. i m avoiding fresh buying till thrusday.. wat u say after this bounce.?
SAI Says:
November 22nd, 2010
Posted at: 2:24 pm
Hi Kartik I could not u/stand this strategy. I am just asking you they r in long position @ cmp. I am in short position. which one is safe
Kartik Says:
November 22nd, 2010
Posted at: 2:25 pm
Hi shiva, most welcome
Hi Mayur, yes, it would be better to wait till Markets settle down
Hi SAI, he's recommding you to short to 2 lots (CALLS) and buy 1, its the same thing, you gain and lose if the stock goes up or down
wajeed Says:
November 22nd, 2010
Posted at: 2:26 pm
what is trigger price karthik
Karan Sharma Says:
November 22nd, 2010
Posted at: 2:27 pm
Can i Enter in NTPC @ CMP?
Kartik Says:
November 22nd, 2010
Posted at: 2:27 pm
Hi lalith, they can add 80-100% in 1-2 years time
SAI Says:
November 22nd, 2010
Posted at: 2:27 pm
Oh ok Kartikbai. Thanks. but can I clear my short today itself.
Kartik Says:
November 22nd, 2010
Posted at: 2:28 pm
Hi Karan Sharma, you may enter it for Long term at CMP
Hi wajeed, around 630
Kartik Says:
November 22nd, 2010
Posted at: 2:28 pm
Hi SAI, yes, you can do that
Hi Test, most of the Calls have seen some consolidation today, hold them for some more time
Kartik Says:
November 22nd, 2010
Posted at: 2:28 pm
I'll be back in 30 mins
lalith Says:
November 22nd, 2010
Posted at: 2:29 pm
which stock can i choose for investing around 3 lacs at this point for a tenure of 3-6 months, please suggest me a tgt as well , thanks kartik
Hemant Says:
November 22nd, 2010
Posted at: 2:29 pm
i holding nifty 6000 put @60 wat is your advice and stop loss
SAI Says:
November 22nd, 2010
Posted at: 2:29 pm
ok thanks Kartik
geethika Says:
November 22nd, 2010
Posted at: 2:33 pm
Hi wajeed, if scrip price touches that point then only u r order is placed
AS Says:
November 22nd, 2010
Posted at: 2:46 pm
Hi,
I have bought Sujana Tower @217.50. Can I expect @230 in this week. Can anyone tell the short term target (~1 week).
RAMKUMAR Says:
November 22nd, 2010
Posted at: 2:51 pm
CB SIR SHALL I ENTER SICAL AT THIS LEVELS ....