Quotes with Resistance & Support
Market Information

Intraday calls for 30-11-11

Posted on: November 30th, 2011 at 8:24 am

Markets likely to open lower, support for Nifty at 4780 and resistance at 4870

Buy Glenmark Pharmaceuticals on dips
(trade in small quantity)

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435 Responses

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  1. Akash Says:
    November 30th, 2011
    Posted at: 8:55 am

    Hi Kartik, Ok. Wht abt KGL. Good for long term or Guj NRE is better for target 150+ in 3-5 years?


  2. vs Says:
    November 30th, 2011
    Posted at: 8:55 am

    goodmorning kartik, can i buy Agro Tech for intraday? if yes, pl suggest level to enter and exit.


  3. VIBHU Says:
    November 30th, 2011
    Posted at: 8:55 am

    SABKE STOPLOSS KAT JAYENGE AAJ 100%. 4710 4700 @3:15PM


  4. VINIT Says:
    November 30th, 2011
    Posted at: 8:57 am

    WHAT ARE THE APPROX. DIPS FOR GLENMARK ACCORDING 2 YOU?????????


  5. lalith Says:
    November 30th, 2011
    Posted at: 8:57 am

    Good Morning All,

    Yesterday Advised

    Positional tgt 4670 until Nifty Doesn't CROSS 4866

    tgt1 4670 coming soon, This was also a position call when Nifty was around 4750 levels after which we saw it heading towards 4873, i believe many exited with huge loss.

    However those holding will have mouthwatering profits.

    Final tgt for Nifty this year 4500 & lower

    Warning 3 - "SELL ON EVERY RISE" until 5225


  6. SS Says:
    November 30th, 2011
    Posted at: 8:59 am

    Hi Kartik,
    Good Morning, Holding Kotak short fut. Where to cover?


  7. lalith Says:
    November 30th, 2011
    Posted at: 9:00 am

    Here's what making the news, Bad News Rather !!

    Eurozone finance ministers likely to miss rescue target

    Plans to expand the eurozone's debt rescue fund to about 1tn euros ($1.3tn; £860bn) look unlikely to be achieved.

    Eurozone finance ministers held talks late into Tuesday evening in a bid to agree a deal on bolstering the European Financial Stability Facility.

    But Eurogroup chief Jean-Claude Juncker said after the meeting that the 1tn euro target was unlikely to be hit.

    He said, however, that expansion of the EFSF's firepower would be "substantial", but gave no details.

    "We haven't lowered our ambitions but the conditions have changed, so it will probably not be one trillion euros but less," he told reporters after chairing the finance ministers meeting in Brussels.

    "But it will still be substantial," he added. European leaders want to bolster the EFSF from 440bn euros in case large economies such as Italy or Spain need to call for bailout money.

    However, ministers did agree to allow the bailout fund to partially guarantee potential losses investors might incur on the purchase of government bonds.

    In a statement the EFSF said the guarantee would give a bondholder "an amount of fixed credit protection of 20-30% of the principal amount of the sovereign bond.

    "The partial risk protection is to be used primarily under precautionary programmes and is aimed at increasing demand for new issues of Member States and lowering funding costs."


  8. lalith Says:
    November 30th, 2011
    Posted at: 9:01 am

    Hi Kartik, Good Morning to you, CB & all my fellow traders.

    I wish you all a profitable day.

    Happy Trading!!


  9. lalith Says:
    November 30th, 2011
    Posted at: 9:05 am

    Here's a message from One of my friends who is an intellectual analyst -

    An interesting fact...NIFTY yesterday low was exactly at 3ema of 4787-4792 and high was exactly at 10ema of 4861-4866 range


  10. dak Says:
    November 30th, 2011
    Posted at: 9:05 am

    CB, Kartik, GM. How will bank nifty do today ? Sell on rise?


  11. DJ Says:
    November 30th, 2011
    Posted at: 9:06 am

    Hi Kartik
    in a wk opng where will tata steel open?


  12. Kartik Says:
    November 30th, 2011
    Posted at: 9:08 am

    Hi wajeed, hold it with a SL at 182, can give a bounce if Markets recover

    Hi Akash, no, dont enter them at CMP

    Hi vs, its likely to open higher and see profit booking, dont enter it for intraday

    Hi SS, book around 448 today

    Hi dak, its likely to open lower and might see some consoildation

    Hi DJ, can see 384


  13. Kartik Says:
    November 30th, 2011
    Posted at: 9:08 am

    Hi lalith, thanks for the update


  14. vs Says:
    November 30th, 2011
    Posted at: 9:10 am

    txs kartik.


  15. ROHIT Says:
    November 30th, 2011
    Posted at: 9:11 am

    Hi Kartik, GM SIR


  16. shiva Says:
    November 30th, 2011
    Posted at: 9:11 am

    can i short bank india?

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