Quotes with Resistance & Support
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Intraday calls for 23-11-10

Posted on: November 23rd, 2010 at 8:22 am

Markets likely to see a gap down opening. Support for nifty is at 5930 and resistance at 6040.

On Intraday dips buy GVK Power and Infra around 42 with stoploss at 40.

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453 Responses

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Comment pages: 212223242526272829Show all

  1. PRABU Says:
    November 23rd, 2010
    Posted at: 9:07 pm

    HI CB SIR,
    How will be tomorrow market and NTPC future.every day it is fall.in oct 1st it was 220.but now 180.almost 20% fell down.this rate is jan2009.govt also issue 200.please give ur suggestion sir.i dont know rsi and all.so please give ur point of view in technical and which place from its bounce back.


  2. dilip Says:
    November 23rd, 2010
    Posted at: 9:09 pm

    CB,
    holding DCHL @ 135... its going down... what shall I do?


  3. suzane Says:
    November 23rd, 2010
    Posted at: 9:11 pm

    Hi CB, How is MOIL manganese ore ?? Is it good to apply ??


  4. Jagdish Says:
    November 23rd, 2010
    Posted at: 9:22 pm

    Hi CB/Kartik, holding ktk bank @204
    rcom @253
    dlf @ 362
    zicom @104
    alok ind @30
    what to do .


  5. AJ Says:
    November 23rd, 2010
    Posted at: 9:34 pm

    ARSS today fell to 999 and recovered to almost 1% in green...how do you see its closing......? volumes are still very low :(


  6. arun bj Says:
    November 23rd, 2010
    Posted at: 9:45 pm

    cb can i exit godjej consumer product tomo ..


  7. smh Says:
    November 23rd, 2010
    Posted at: 9:52 pm

    cb/kartik very difficult to trade in such volatile markets i closed colgate fut below cost & also closed Mc dowell fut @ 1380 whats the level i can buy mcdowell in dec whats the next resis for same today it touched 1350 onlower side how much can i expect on same in dec month, pls guide


  8. Shiv Says:
    November 23rd, 2010
    Posted at: 9:54 pm

    Hai,
    I have bought Rolta India at 182 in July!
    What should i do now???


  9. Kartik Says:
    November 23rd, 2010
    Posted at: 10:00 pm

    Hi PRABU, Markets might open lower tomorrow and then see some upmove, yes, NTPC has been trading weak (below 200) strong support level, if you plan to make fresh investments in it yet, dont enter it yet, wait for some time

    Hi dilip, if possible hold it for Short term, has been reacting to the Markets lately

    Hi smh, yes, would be better to avoid it in Futures, lets wait to see how Markets shape up in the coming 1-2 days, as we reacted to Global Markets today

    Hi arun bj, yes, you may book profits in it

    Hi AJ, continue to hold it for 2-3 months, it has been posting good results and can do well once Realty sector starts to move

    Hi Jagdish, continue to hold them for another 2-3 months time

    Hi suzane, yes, its a good one

    Hi Shiv, hold it with a SL at 160 (strong support)


  10. AJ Says:
    November 23rd, 2010
    Posted at: 10:02 pm

    looking at DJ index now.....wats the likely opening for our markets tomw?


  11. Kartik Says:
    November 23rd, 2010
    Posted at: 10:02 pm

    Hi AJ, Markets might open lower tomorrow and then see some upmove


  12. arun bj Says:
    November 23rd, 2010
    Posted at: 10:05 pm

    hi kartik .. can i short sell mmtc tomo short sell (intraday) its below 52 week low today


  13. chandu Says:
    November 23rd, 2010
    Posted at: 10:08 pm

    Hi CB/Kartik,

    Between ADSL & Omnitech which is a better bet.

    Regards,
    Chandu


  14. Vipul Says:
    November 23rd, 2010
    Posted at: 10:13 pm

    Hi Kartik, Shall i apply for Mangnese india IPO.........is it as good as Coal India????????
    what's the target for COAL India in long term..............


  15. Trade4444 Says:
    November 23rd, 2010
    Posted at: 10:25 pm

    Dear Karthik,
    What is short covering ?


  16. Kartik Says:
    November 23rd, 2010
    Posted at: 10:27 pm

    Hi arun bj, its likely to open gap down, dont go short on opening

    Hi Vipul, yes, its a good one, Coal India was better tough, Coal Indian can see 500 in a years time

    Hi chandu, Omnitech Infosolutions looks good around 210

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