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

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months
name
cell no.
email

439 Responses

{ ADD YOUR OWN }
Comment pages: 202122232425262728Show all

  1. Jagdish Says:
    November 22nd, 2010
    Posted at: 9:45 pm

    Hi CB/Kartik, sir first of all pl tell me ,do you feel bad when we ask daily about the same stock . my repeated question is can alok ind go up to 32 levels tomorrow.


  2. Kartik Says:
    November 22nd, 2010
    Posted at: 9:54 pm

    Hi Curious, it can see around 338 in 2-3 days time if Markets manage to trade strong

    Hi malick, hold it for Short/Mid term, it can see 310+ levels

    Hi Jagdish, :), no issues, it can see 31.50 tomorrow


  3. RSKM Says:
    November 22nd, 2010
    Posted at: 9:58 pm

    Hi Kartik, I am holding 1200 shares of SEL @ 66/= What is its status for next 3 mons.
    Pls advice how to go about..Tks


  4. Jagdish Says:
    November 22nd, 2010
    Posted at: 10:06 pm

    Kartik sir, Thanks, good night.


  5. Naveen Says:
    November 22nd, 2010
    Posted at: 10:07 pm

    Hi Kartik,

    There was clear breakout for skumars above 90 levels.

    Can i take position on the stock for a med term target of 120?

    What about nifty, is the correction over? or a temporary bounce from over sold levels


  6. Trade4444 Says:
    November 22nd, 2010
    Posted at: 10:28 pm

    Dear Kartik,

    US market is red. Is nifty expected to go down tomorrow ?


  7. Kartik Says:
    November 22nd, 2010
    Posted at: 10:34 pm

    Hi RSKM, it has been seeing some promoter selling lately, would be better to exit 50% at CMP and keep the rest for Long term

    Hi Naveen, if it manages to sustain above 92 for another 2-3 days, you may enter it

    Hi Trade4444, likely to trade flat tomorrow

    Hi Jagdish, most welcome, Good night


  8. Kartik Says:
    November 22nd, 2010
    Posted at: 10:35 pm

    Hi pankaj, exit from SEL at CMP, keep the rest for Long term, they can do well


  9. rahul Says:
    November 22nd, 2010
    Posted at: 10:45 pm

    hi karthik ..
    wats ur view about edserv? near term target for it?


  10. Trade4444 Says:
    November 22nd, 2010
    Posted at: 10:56 pm

    Dear Kartik,
    If the India VIX increases, is it a sign that the markets would RISE ?
    conversely,
    if the VIX goes down, market FALLS ?


  11. Kartik Says:
    November 22nd, 2010
    Posted at: 10:57 pm

    Hi pankaj, Zicom has been recently acquired by Shynider Electric, Mavens to has recently formed a J.V with Bangalore based Garuda Group, SEL has been seeing some promoter selling, not sure why yet

    Hi rahul, looks good for Short term, can see 240


  12. pankaj Says:
    November 22nd, 2010
    Posted at: 11:14 pm

    thx Kartik


  13. Gitanjali Says:
    November 22nd, 2010
    Posted at: 11:18 pm

    Hi Kartik, may I kindly hve the support and resistance for suzlon tomorrow pl?
    how is nifty looking pl?. if it is likely to close at 5700 , on expiry day .. shall I exit from this series , [with profits] or shall I roll it over to dec ..? Is next month going to be just as bearish?


  14. harsh Says:
    November 22nd, 2010
    Posted at: 11:27 pm

    kartik, hi

    i've bought 1 lot TCS today @ 1040

    should i exit from it @ 1040 when mkt opens,
    or will i have an upper target?


  15. Tejas Says:
    November 23rd, 2010
    Posted at: 12:24 am

    Hi Kartik, Sir can i buy Kalpatru papers at 17.75 for intraday with the target 18-18.20?


  16. Kartik Says:
    November 23rd, 2010
    Posted at: 1:00 am

    Hi pankaj, most welcome

    Hi Gitanjali, has support near 51. resistance is at 54

    Hi harsh, hold it. can see 1060

    Hi Tejas, no, not sure about this one.

Comment pages:202122232425262728Show all

  1. Your name>
    Change your image

    Note: rel="nofollow" in use - do not spam, do not advertise!

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments