Quotes with Resistance & Support
Market Information

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. Kartik Says:
    November 22nd, 2010
    Posted at: 3:08 pm

    Hi test, can see 610-615. sl 630

    Hi Ravi, long term can see 175. today may close near 151

    Hi RAMKUMAR, no, dont enter it yet.


  2. RAMKUMAR Says:
    November 22nd, 2010
    Posted at: 3:08 pm

    SORRY KARTIK SIR SHALL I ENTER SICAL AT THIS LEVELS ....


  3. Jagdish Says:
    November 22nd, 2010
    Posted at: 3:09 pm

    Hi Kartik, holding alok ind @31 can it go above 31 tomorrow


  4. Kartik Says:
    November 22nd, 2010
    Posted at: 3:09 pm

    Hi sekhar, most welcome

    Hi DS, yes, hold it

    Hi RAMKUMAR, not yet.


  5. Kartik Says:
    November 22nd, 2010
    Posted at: 3:10 pm

    Hi Jagdish, yes, hold it.


  6. 100rabh Says:
    November 22nd, 2010
    Posted at: 3:11 pm

    Hi Kartik,
    you missed my query ...
    i am inder heavy loss .. please guide ...


  7. luckvijay Says:
    November 22nd, 2010
    Posted at: 3:11 pm

    sirji di i hold my short position for tommorrow in fo or book loos and exit from all?


  8. DS Says:
    November 22nd, 2010
    Posted at: 3:11 pm

    Dear Kartik,

    Also hold 6100 Nifty CE at 35. Can it see m buy price before expiry?Right now its at 15 bucks.


  9. Kartik Says:
    November 22nd, 2010
    Posted at: 3:12 pm

    Hi 100rabh, no, continue to hold onto the short for now.


  10. Swamy Says:
    November 22nd, 2010
    Posted at: 3:12 pm

    Hi Kartik
    I'm having 2lot of SBIN for Rs 3380.5 shall I Hold ? What is short term Target ?


  11. Kartik Says:
    November 22nd, 2010
    Posted at: 3:12 pm

    Hi luckvijay, hold till tomorrow

    Hi DS, yes, continue to hold for now with sl at 6000


  12. Kartik Says:
    November 22nd, 2010
    Posted at: 3:13 pm

    Hi Swamy, hold it for short term. likely to recover back


  13. Curious Says:
    November 22nd, 2010
    Posted at: 3:13 pm

    Hi CB,
    Pls suggest the target price for SESA GOA Nov Futures ,Can I hold it for next two/three days currently in losses.
    Thanks.


  14. test Says:
    November 22nd, 2010
    Posted at: 3:15 pm

    can i takle nifty call or put now to recover some?


  15. Kartik Says:
    November 22nd, 2010
    Posted at: 3:15 pm

    Hi raj, sorry..

    Hi Curious, can see 339


  16. Viperz Says:
    November 22nd, 2010
    Posted at: 3:16 pm

    hi CB wat about shorted tata steel can we hold kindly reply??????????????????????????

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