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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. gaurav Says:
    November 24th, 2009
    Posted at: 2:58 pm

    hi justtips i bot 2000 spicejet @ 43.5 got Rs.2000 profit thanks buddy


  2. Ravi Says:
    November 24th, 2009
    Posted at: 3:00 pm

    Hi LP any idea how much DISH TV will reach today


  3. LP Says:
    November 24th, 2009
    Posted at: 3:00 pm

    BUY LITL 566 SL 556 TGT 587


  4. raja Says:
    November 24th, 2009
    Posted at: 3:01 pm

    am holding divis lab,cipla,ptc,all at loss.kartik advise pls.


  5. Ram Says:
    November 24th, 2009
    Posted at: 3:01 pm

    Hi AKHILESH,

    u mean sugar stock!! ha ha ha...

    Sugar stocks seem to be good only for intraday... no point in carrying over the stock for a week or so...

    and they are moving in batches not all the sugar stocks are doing good at the same time...


  6. LP Says:
    November 24th, 2009
    Posted at: 3:02 pm

    Hi Ravi,

    within a week it will see 45-47 as per my broker and cb


  7. anand Says:
    November 24th, 2009
    Posted at: 3:03 pm

    Any tgt for Great offshore for this expiry guys?


  8. S.Sivakumar Says:
    November 24th, 2009
    Posted at: 3:04 pm

    Hi Ram,
    Shall I go short on nifty future at 5120?


  9. Ram Says:
    November 24th, 2009
    Posted at: 3:05 pm

    Hi S.Sivakumar,

    Very sorry...not into futures at all... dont know Abc of FnO


  10. Arjun Says:
    November 24th, 2009
    Posted at: 3:06 pm

    Hi Ram,
    me holding 5000 PE at 33/-, expiry is day after, what to do?


  11. AKHILESH Says:
    November 24th, 2009
    Posted at: 3:07 pm

    hi,
    ur view on harrision malyalam


  12. Narasimha Says:
    November 24th, 2009
    Posted at: 3:07 pm

    Hi S.Sivakumar, Don't go short @ nifty ..let it give clear signal of reversal..


  13. preeti Says:
    November 24th, 2009
    Posted at: 3:09 pm

    Hi Ram, so ur advice wld be nt to block funds in sugar...m asking so as i hv blocked a lot of my funds in balrampur/renuka/bajaj hind


  14. ARIJIT DAS Says:
    November 24th, 2009
    Posted at: 3:10 pm

    HI RAM,
    WHAT ABOUT PUNJ LLOTD?
    CAN I BUY IT FOT TOMORROW?


  15. S.Sivakumar Says:
    November 24th, 2009
    Posted at: 3:10 pm

    Surprising!. Any how a placed a order but not yet excuted.


  16. beginner Says:
    November 24th, 2009
    Posted at: 3:10 pm

    Hi preeti, have u exited tata motors?

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