Quotes with Resistance & Support
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Intraday calls for 24-11-10

Posted on: November 24th, 2010 at 8:27 am

Markets likely to open flat. Resistance for nifty is at 5990

Buy Kotak Mahindra Bank at 475-479, target: 492. Stoploss: 466.

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581 Responses

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  1. ajit Says:
    November 24th, 2010
    Posted at: 9:41 pm

    hi please advice
    how about riil bought at 820


  2. Kartik Says:
    November 24th, 2010
    Posted at: 9:42 pm

    Hi ajit, it faces strong support at 750, can give a bounce from there, hold it with a SL at 745 for some more time


  3. ajit Says:
    November 24th, 2010
    Posted at: 9:43 pm

    thanks sir


  4. raj Says:
    November 24th, 2010
    Posted at: 9:47 pm

    HI Karthik/CB, I am planning to apply for Claris Life IPO, what is ur opinion abt this. i am having powergrid shares, how much we can expect on FPO listing date. thank u


  5. arun bj Says:
    November 24th, 2010
    Posted at: 9:51 pm

    thanks kartik what is the upside .. lower side of educomp .. support and resistance


  6. deepak Says:
    November 24th, 2010
    Posted at: 9:56 pm

    sir i had 500 shares of tisco.can i convert it into unitech or dlf can convert it now sir or will real estate will come down some more down or should i hold tisco .PLEASE ADVICE SIR


  7. AT Says:
    November 24th, 2010
    Posted at: 10:09 pm

    kARTIK,

    Gap up opening 2mrow? please advise.


  8. Tejas Says:
    November 24th, 2010
    Posted at: 10:19 pm

    Hi Kartik, Sir can i buy Orchidchem tomorrow it is at 313.00 .will it move up if yes then target pls.


  9. Kartik Says:
    November 24th, 2010
    Posted at: 10:22 pm

    Hi ajit, most welcome

    Hi Tejas, no, dont enter it yet, wait for some time

    Hi AT, not likely, we might open flat (down 10-20 points)

    Hi arun bj, faces strong support at 550 and resistance at 640 on the upside

    Hi raj, yes, Claris Life looks a good one, Power Grid might add 10-15% on listing


  10. AT Says:
    November 24th, 2010
    Posted at: 10:29 pm

    Thanks Kartik........i thought , as US market is up by 1.2%


  11. Tejas Says:
    November 24th, 2010
    Posted at: 10:30 pm

    Hi Kartik, Hi Kartik, Sir what u think on renuka sugar ? it is at 85.95 can i buy for intraday target of 88..?


  12. Kartik Says:
    November 24th, 2010
    Posted at: 10:31 pm

    Hi AT, yes, but more depends on how Asian Markets open tomorrow, since we have been following Asian markets more closely lately

    Hi Tejas, no, dont enter it for Intraday, it might trade flat tomorrow


  13. Tejas Says:
    November 24th, 2010
    Posted at: 10:46 pm

    Hi Kartik, Ok sir i will not buy renuka . can i buy Powersoft global solution Ltd. at 22.35.


  14. Tejas Says:
    November 24th, 2010
    Posted at: 10:50 pm

    Hi Kartik, Sir US and Europe markets are up if Asia market open positively i think indian markets also move up by 150-200 points right ?


  15. Tejas Says:
    November 24th, 2010
    Posted at: 11:00 pm

    Hi Kartik, please calculate the profit of the following b'coz i am not getting clear idea ---
    Script-Buy Nifty Fut @ 6135 Booked at 6170 points 35 .please calculate the gross profit (Excluding brokerage and taxes)


  16. aman Says:
    November 24th, 2010
    Posted at: 11:09 pm

    cb/ kartik any idea for gvk can it hit 43.5 tomorrow

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