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. DS Says:
    November 24th, 2009
    Posted at: 12:45 pm

    Dear Kartik,


    HDIL fell a lot....how much more downside can be expected?


    Warm Regards,

    DS


  2. Bapan Says:
    November 24th, 2009
    Posted at: 12:45 pm

    kartik can i average ekc here


  3. Kartik Says:
    November 24th, 2009
    Posted at: 12:46 pm

    Hi ARIJIT DAS, did not get your question?

    Hi dinesh, hold it for a weeks time

    Hi Seema, if markets improve it will..else may remain weak.


  4. mani Says:
    November 24th, 2009
    Posted at: 12:46 pm

    i bought nifty 5000put @33 should i hold or exit ?


  5. Kartik Says:
    November 24th, 2009
    Posted at: 12:46 pm

    Hi DS, not sure ye

    Hi Bapan, no


  6. Kartik Says:
    November 24th, 2009
    Posted at: 12:47 pm

    Hi mani, hold it.


  7. Seema Says:
    November 24th, 2009
    Posted at: 12:47 pm

    Hi ankurpalan, oh u r in profits then y take risk ,? book profits na !!!


  8. Kartik Says:
    November 24th, 2009
    Posted at: 12:47 pm

    ill be back in some time.


  9. mani Says:
    November 24th, 2009
    Posted at: 12:47 pm

    will market come down ?


  10. RK Says:
    November 24th, 2009
    Posted at: 12:47 pm

    Hi All, Europ is likely to open in red around 20-. We can see more profit booking today.


  11. ankurpalan Says:
    November 24th, 2009
    Posted at: 12:48 pm

    Hi Seema, nope dear m not i dint short at that time .....as market was looking good


  12. amrita Says:
    November 24th, 2009
    Posted at: 12:48 pm

    hi kartik

    any target for gtl infra?


  13. Seema Says:
    November 24th, 2009
    Posted at: 12:49 pm

    Hi Kartik, :-O i will have to bear losses na then ??


  14. ARIJIT DAS Says:
    November 24th, 2009
    Posted at: 12:49 pm

    HI KARTIK,
    I MEAN TO SAY IN STOCK OPTION CALLS ARE BOUGHT AT AS SELLING PRICE IS SHOWN IN THE MARKETWATCH .
    BUT WHEN I AM TRYING TO SELL IT AT THE PREVAILING SELLIN PRICE THE TRADE IS NOT DONE. IT SHOWING A SELLING ORDER.
    SHOULD THE SELLING PRICE BE GIVEN AS LTP IS SHOWING??????


  15. Seema Says:
    November 24th, 2009
    Posted at: 12:50 pm

    I am in huge loss in IRB INFRA & PAntaloon. Pls help


  16. ARIJIT DAS Says:
    November 24th, 2009
    Posted at: 12:51 pm

    I MEAN TO SAY IN STOCK OPTION WHICH WILL BE THE BUYING PRICE AND WHICH WILL BE THE SELLING PRICE??????

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