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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Comment pages: 202122232425262728Show all

  1. Dhana Says:
    November 22nd, 2010
    Posted at: 3:25 pm

    Hi Kartik,

    Can i buy DLF 320 call no? @ 4 rs??


  2. Kartik Says:
    November 22nd, 2010
    Posted at: 3:26 pm

    Hi Gitanjali, yes, has resistance near 6030-6050. hold short for now

    Hi Ravi, yes, hold with sl at 318. overall this stock looks a bit weak


  3. SAI Says:
    November 22nd, 2010
    Posted at: 3:26 pm

    HI KARTIK, I AM HOLDING SHORT IN TATASTEEL, IS IT A HOLD FOR TOMORROW


  4. AJ Says:
    November 22nd, 2010
    Posted at: 3:27 pm

    Cb,
    ARSS is not moving at all these days.....when do you expect this stock to move?
    Not even good results got it moving :(


  5. Kartik Says:
    November 22nd, 2010
    Posted at: 3:27 pm

    Hi lalith, go with axis bank and voltas. looking good. can add 20-25%

    Hi Dhana, no, not yet

    Hi SAI, yes, hold it.


  6. SAI Says:
    November 22nd, 2010
    Posted at: 3:27 pm

    OK KARTIKBAI THANKS


  7. raj Says:
    November 22nd, 2010
    Posted at: 3:28 pm

    I have mundra port 200 shares @ 151 pls suggest ...


  8. pk Says:
    November 22nd, 2010
    Posted at: 3:28 pm

    shall I buy FCS software at CMP for long?


  9. Kartik Says:
    November 22nd, 2010
    Posted at: 3:28 pm

    Hi shiva, yes, its a disaster

    Hi AJ, yes, hold it for some more time. infra space is going a bit weak

    Hi SAI, most welcome.


  10. Kartik Says:
    November 22nd, 2010
    Posted at: 3:29 pm

    Hi raj, hold it. for now. keep sl at 144

    Hi pk, no, not yet.


  11. Kartik Says:
    November 22nd, 2010
    Posted at: 3:30 pm

    Hi Murali, no, not really sure whats wrong with it

    Hi pk, no


  12. NAZIR Says:
    November 22nd, 2010
    Posted at: 3:31 pm

    HI KARTIK,
    I hv EXIDE @166.50 Today it moves 3.5% provisinally closed 169.60.KARTIK bhai What will be tomorrow`s target .


  13. Ravi Says:
    November 22nd, 2010
    Posted at: 3:36 pm

    Hi Kartik, Holding Cairn 320 cal at 12. Now it is 3.15 after making a high of 5.15. Should I exit or hold as only 2 days left


  14. Viperz Says:
    November 22nd, 2010
    Posted at: 3:39 pm

    Dear Kartik,


    I have reliance infra 100 pcs @1187.....wat shud i do its delivery since 3 months....shud i hold it for long term...


  15. Viperz Says:
    November 22nd, 2010
    Posted at: 3:44 pm

    hi Kartik....wat is ur suggestion to MOIL IPO...shud i fill the form?????


  16. Sandeep Says:
    November 22nd, 2010
    Posted at: 4:14 pm

    CB/Kartik, What about Crew BOS it rallied 16% today, can u still see a further upside in this stock

    Sandy

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