Quotes with Resistance & Support
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Intraday calls for 22-11-11

Posted on: November 22nd, 2011 at 8:20 am

Markets likely to open flat, support for nifty at 4720

Buy TCS on dips – (book profit at 1080)

12.47pm – buy nifty fut at 4832, target: 4880-4890. Stoploss: 4800 – (sl triggered in nifty. )

(trade in small quantity)

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294 Responses

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  1. nv Says:
    November 22nd, 2011
    Posted at: 8:30 am

    Good Morning Karthik/CB/Traders ........The Indian IT companies will have a cushion of the weakening rupee....but won't their top line growth take a hit due to the increase in the recession clouds across Europe and US?


  2. Kartik Says:
    November 22nd, 2011
    Posted at: 8:31 am

    Hi nv, Gm, rightly said, but it might take some time, likely to be in the coming 2-3 quarters


  3. richa Says:
    November 22nd, 2011
    Posted at: 8:33 am

    Hi Karthik...What shud be my strategy for today in bharti and tata motors?
    thanks


  4. sagay Says:
    November 22nd, 2011
    Posted at: 8:37 am

    Hi Kartik,

    Holding 4600 PEs in large quantity can i continue to hold them (currently in profit of 50%)?
    Can we see volatility problem eating premiums for 4600 ?

    Thanks,
    Sagay


  5. SS Says:
    November 22nd, 2011
    Posted at: 8:40 am

    Hi Kartik,
    Good Morning, I made huge loss in Infy & TCS, yesterday. What is tgt for TCS and do you see upside in Infy ?


  6. balu Says:
    November 22nd, 2011
    Posted at: 8:40 am

    can i buy hdfcbank this levels which level buy at hdfcbank fut


  7. Kb Says:
    November 22nd, 2011
    Posted at: 8:48 am

    Hi Kartik, Gm kathik

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