Quotes with Resistance & Support
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Intraday calls for 23-11-11

Posted on: November 23rd, 2011 at 8:28 am

Markets likely to open lower, next support for nifty at 4720

Buy Bombay Dyeing on dips
(trade in small quantity)

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356 Responses

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  1. CB Says:
    November 23rd, 2011
    Posted at: 5:07 pm

    Hi Bipin, guess this is due to flash trades. try to consider data after 1-2 seconds of opening. should work fine then


  2. Bipin Says:
    November 23rd, 2011
    Posted at: 5:13 pm

    ok CB,thanks.


  3. CB Says:
    November 23rd, 2011
    Posted at: 6:00 pm

    Hi Bipin, most welcome.


  4. ankit Says:
    November 23rd, 2011
    Posted at: 6:05 pm

    hey CB,

    Short term target for TCS,

    I heard IT index is going to touch 4800

    Pl enlighten me.'


  5. ankit Says:
    November 23rd, 2011
    Posted at: 6:21 pm

    cb

    pl rply


  6. richa Says:
    November 23rd, 2011
    Posted at: 6:21 pm

    HI CB...i m having 4800 ce...what shud i do?


  7. Aman Says:
    November 23rd, 2011
    Posted at: 6:30 pm

    HI CB..
    Gud Evening..
    Any news on Glodyne..Its falling like cracked glass/..


  8. Kartik Says:
    November 23rd, 2011
    Posted at: 6:58 pm

    Hi ankit, not sure of 4800, CNX IT shall trade strong/flat for now due to the rising rupee, but could be affected in the Short/Mid run, TCS can see 1100

    Hi richa, lets wait to see how Global ques react tonight

    Hi Aman, had rallied from 80(jan '09) to 1300(nov'10), and has been seeing profit booking since then, seems the selling might continue for some more time


  9. Aman Says:
    November 23rd, 2011
    Posted at: 7:10 pm

    Kartik how is it fundamentally.. Can it b next Infosys or Wipro..
    i heard of its forged Balance sheets some time back.. Can it b true or just rumours..


  10. shanco Says:
    November 23rd, 2011
    Posted at: 8:25 pm

    when is the karuturi global (kgl) going to get free from 5% circuit?


  11. Kartik Says:
    November 23rd, 2011
    Posted at: 8:53 pm

    Hi Aman, not sure of the rumor, but the stock looks highly overbought at CMP

    Hi shanco, faces strong support at 3.95, if broken can see lower levels of 3.50


  12. Jagdish Says:
    November 23rd, 2011
    Posted at: 9:03 pm

    Hi Kartik, where can i see opening of european mkts before tv channels , last time you suggested yahoo finance but there also it is comming after tv channels


  13. ranjan Says:
    November 23rd, 2011
    Posted at: 9:13 pm

    sir today educomp short @ 178( nifty day low 4630)but educomp closed @ 180.50 (green) why? any positive news? please suggest me


  14. $tyleIcon Says:
    November 23rd, 2011
    Posted at: 9:21 pm

    @ jagdish http://www.moneycontrol.com/mc_new/markets/futuresoptions/global_indices.php?type=g


  15. Kartik Says:
    November 23rd, 2011
    Posted at: 9:59 pm

    Hi Jagdish, try this: http://www.moneycontrol.com/mc_new/markets/futuresoptions/global_indices.php?type=g

    Hi $tyleIcon, thanks

    Hi ranjan, I.T stocks have been trading strong due to the rising rupee, hold Educomp with a SL at 184 for some more time


  16. Abdullah Says:
    November 23rd, 2011
    Posted at: 9:59 pm

    Hi Gitanjali, Sorry for replying late as I was not online. I have access to daily charts of commodities so cannot predict intraday movements.
    Gold has got good supp at 28500 zone. Considering safe haven investment and a weak rupee, though gold had a tremendous rally, still its a buy on any dip.
    Copper has formed a pennant pattern. The short term trend is up whereas the intermediate trend is down. Considering the short term trend, some more upside can be expected when the upper line of the pennant is taken out. Good supp at 372 on a closing basis.
    Crude has had a good rally in the past few trading sessions. Supp at 4950. Go long on a dip

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