Quotes with Resistance & Support
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Intraday calls for 24-11-09

Posted on: November 24th, 2009 at 9:24 am

Markets likely to see a flat opening. Nifty has entered the overbought region, some profit booking is likley in coming days. Resistance for nifty is at 5120 and support at 5065

Sell Maruti Suzuki at 1560, target: 1535. Stoploss: 1580. (exit from it)

Options: Below 5065 one can buy a 5100 put (dec series) for a 1-2 day hold.

3:17pm: BTST CALL: BUY IN SMALL QUANTITY BHARATFORG CMP 276.80, TARGET: 285-290

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592 Responses

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  1. Harsh Says:
    November 25th, 2009
    Posted at: 12:47 am

    hi karthik,
    whats your view on
    1. reliance power - for 6-12 months (what is the good buy price)
    2. idfc- For what time frame this stock should be taken
    3. uco bank- For what time frame this stock should be taken
    4. sona koya - Holding at 13 cmp 17…rumours that it will trade at 23-24(should i add..at what price)
    5. idbi
    6. morpen labs- CMP 9….should i take 1000-2000 shares
    please suggest on these


  2. dineshknp Says:
    November 25th, 2009
    Posted at: 12:55 am

    where we can see alkali metals & austral coke in coming days?


  3. Kartik Says:
    November 25th, 2009
    Posted at: 12:55 am

    Hi Harsh, as of now rel power is in a downtrend..dont enter it yet.. idfc is a good buy around 160..can see 180 in short term.. uco can be bought around 55.. not sure of sona koya.. idbi can be bought for a target of 145 in short term..would advice to stay away from morpen labs..


  4. Kartik Says:
    November 25th, 2009
    Posted at: 12:55 am

    Hi dineshknp, not sure of austral..alkali can add 10-12rs


  5. Sarang Says:
    November 25th, 2009
    Posted at: 1:31 am

    Hi kartik can i buy put of idea strike price 50 of dec series


  6. pavithra p.puliampatti Says:
    November 25th, 2009
    Posted at: 5:50 am

    super spinning- CMP 9.15….should i [email protected] 1000- shares
    please suggest


  7. kumar Says:
    November 25th, 2009
    Posted at: 7:51 am

    Hi CB/Kartik,

    sundaram fastners 1 week TGT pls.


  8. raja Says:
    November 25th, 2009
    Posted at: 9:00 am

    good morning CB,Kartik.renuka sugar,elecon engg,godrej industries,divis labs for today pls.


  9. Kartik Says:
    November 25th, 2009
    Posted at: 9:03 am

    Hi Sarang, buy once it breaks 49

    Hi pavithra p.puliampatti, it looks good technically. hold it for some more time.

    Hi kumar, it can see 58


  10. Kartik Says:
    November 25th, 2009
    Posted at: 9:04 am

    Hi raja, Good morning. renuka and divis can add 2-3%..others may remain flat for some time..


  11. raja Says:
    November 25th, 2009
    Posted at: 9:17 am

    thanks kartik,can you suggest alternative pls.


  12. Manoj Says:
    November 25th, 2009
    Posted at: 9:18 am

    Hi kartik, what is today target for satyam & stoploss??


  13. sailesh Says:
    November 25th, 2009
    Posted at: 9:20 am

    HI KARTIK ANY VIEW ON DLF


  14. Sonee Says:
    November 25th, 2009
    Posted at: 9:21 am

    Hi Kartik, I have 1550 HBL power systems share@ 41.50 rs/share,200 essar shipping @ 72.5 rs/share,500 satyam computers @105.75 rs/share. Which one should I continue to hold or sell? I m new in share trading. Need your advice to avoid from possible loss.


  15. Sonee Says:
    November 25th, 2009
    Posted at: 9:25 am

    Please give me some small cap and mid cap for today's intraday trading.

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