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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sekhar Says:
November 22nd, 2010
Posted at: 2:58 pm
hi,"CB" "KARTIK" how is "Madhav Marbles & Granites" looking, can i enter it.
Avinash Says:
November 22nd, 2010
Posted at: 2:58 pm
Hello Sir
What is the news in Jai corp .. I am holding @295 .. should i hold or sell ?
raghu Says:
November 22nd, 2010
Posted at: 3:01 pm
hi cb sir i buy db reality delivery on 420 why down trend can i buy awerage here and delivery target tell me
Kartik Says:
November 22nd, 2010
Posted at: 3:02 pm
Hi raj, yes, exit for now. nifty not seeing selling pressure yet
Hi raghu, no, dont add more of it yet. wait for sometime. not really sure whats the news.
Kartik Says:
November 22nd, 2010
Posted at: 3:03 pm
Hi Viperz, yes, markets not really seeing much selling pressure yet.
sekhar Says:
November 22nd, 2010
Posted at: 3:04 pm
hi "KARTIK" answer my quiery please.
govinda Says:
November 22nd, 2010
Posted at: 3:04 pm
sir,
my querry not answered. pl let me advise.
gopal Says:
November 22nd, 2010
Posted at: 3:05 pm
shoted tatasteel future @615/- can i exit now
Ram M Says:
November 22nd, 2010
Posted at: 3:05 pm
CB/Kartik sir,
Holding 6000 Nov call @ 50. What will be its TGT by this expiry? Shall i hiold or square off nw?
AS Says:
November 22nd, 2010
Posted at: 3:06 pm
Hi CB,
PLease answer my quiery for Sujana Tower.
Thanks
Kartik Says:
November 22nd, 2010
Posted at: 3:06 pm
Hi sekhar, has strong support at 29-30. one can enter in small quantity
Ravi Says:
November 22nd, 2010
Posted at: 3:06 pm
what price can i see uco bank before market closing and what is the target for long term
RAMKUMAR Says:
November 22nd, 2010
Posted at: 3:07 pm
KRTIKR SIR SHALL I ENTER SICAL AT THIS LEVELS ....
Kartik Says:
November 22nd, 2010
Posted at: 3:07 pm
Hi gopal, yes, exit for now
Hi Ram M, hold it. keep sl at 6000
Hi AS, no, not sure about it. has had a non stop rally from 40 levels.
DS Says:
November 22nd, 2010
Posted at: 3:07 pm
Dear Kartik,
Is Bharat Forge still a hold?
sekhar Says:
November 22nd, 2010
Posted at: 3:07 pm
hi"KARTIK " ok thank u .