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. Kartik Says:
    November 24th, 2009
    Posted at: 3:33 pm

    Hi manoj, not sure abt it

    Hi ankurpalan, yes, hold them

    Hi Anil, we might see some downside tomorrow, hold it

    Hi GURU, its been a downtrend for quite some time now, exit from it on any rise


  2. Kartik Says:
    November 24th, 2009
    Posted at: 3:34 pm

    Hi S.Sivakumar, gap down most likley


  3. Ram Says:
    November 24th, 2009
    Posted at: 3:35 pm

    Hi ankurpalan,

    closing index is below 5080 now... if after correction actual closing is above 5080 we may be in green... else there might be profit bookings tomorrow...

    bye all... rest of the day is for many other works


  4. nvp Says:
    November 24th, 2009
    Posted at: 3:35 pm

    Hi Kartik, what is the target for tcs.. i have tcs dec futures@701


  5. Kartik Says:
    November 24th, 2009
    Posted at: 3:36 pm

    Hi nvp, it could add 2-3% tomorrow, if markets recover


  6. S.Sivakumar Says:
    November 24th, 2009
    Posted at: 3:37 pm

    Hi Kartik,
    Thanks Karthik. Let's see tomorrow. Bye....Bye


  7. ankurpalan Says:
    November 24th, 2009
    Posted at: 3:37 pm

    Hi Ram, okie bossy .......


  8. GURU Says:
    November 24th, 2009
    Posted at: 3:40 pm

    SIR i have bought advanta @rs.670 so u advise me to hold or exit on any rise


  9. swapna Says:
    November 24th, 2009
    Posted at: 3:42 pm

    hi cb,

    i have wwil 3000 shares @ 18.20 , can i hold or exit? please give me any sl and tgt for short term....

    thank you
    swapna.


  10. swapna Says:
    November 24th, 2009
    Posted at: 3:45 pm

    hi kartik

    i have wwil 3000 shares @ 18.20 , can i hold or exit? please give me any sl and tgt for short term….

    thank you
    swapna


  11. anand Says:
    November 24th, 2009
    Posted at: 3:48 pm

    Hi kartik tgt for great offshore tom?


  12. Nikki Says:
    November 24th, 2009
    Posted at: 3:48 pm

    Hi Cb, wats ur views on tatamotors? target for 2morrow?


  13. DS Says:
    November 24th, 2009
    Posted at: 3:49 pm

    Hi Kartik,

    Do you have any short term targets for HDIL, M & M,KGL,PATNI and IRB?

    Warm Regards,

    DS


  14. Mano Says:
    November 24th, 2009
    Posted at: 3:50 pm

    Hi Kartik, Thanks for the forecasting of likely Gap down coz i am holding put!!!!!!


  15. sm Says:
    November 24th, 2009
    Posted at: 3:59 pm

    hi...kartik,

    what will be TGT for Reliance Infra tomorrow...?

    pls reply


  16. Ram Says:
    November 24th, 2009
    Posted at: 4:15 pm

    Hi all

    Actual closing of Nifty is @ 5090...; dow futures has recovered a lot and almost in green....we should be expecting a positive opening tomorrow...

    Bye

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