Quotes with Resistance & Support
Market Information

Intraday calls for 16-11-12

Posted on: November 16th, 2012 at 8:30 am

Markets likely to open flat, support for Nifty at 5580

Buy M&M around 905, Target: 925, SL 890

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654 Responses

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  1. cerulean Says:
    November 18th, 2012
    Posted at: 11:47 am

    Hi SM, i removed the grav ... feels safer this way... you know what i mean ..


  2. SM Says:
    November 18th, 2012
    Posted at: 11:48 am

    Hi cerulean, ya I know :P


  3. cerulean Says:
    November 18th, 2012
    Posted at: 11:48 am

    Hi Kb tarder, Thanks bro'


  4. cerulean Says:
    November 18th, 2012
    Posted at: 11:49 am

    Hi SM, :} How wd u trade crude now ... what is going on in gaza strip is not fair is it ..? my view..


  5. cerulean Says:
    November 18th, 2012
    Posted at: 12:00 pm

    Take care ...bye ...everyone


  6. SM Says:
    November 18th, 2012
    Posted at: 12:07 pm

    Hi cerulean, Crude : Classic support line at 4820. On 7th Nov, tested 4820 and then fell. That level became the resistance level. Now, once 4820 was taken out on the higher side, tested 4850. The low of 17th Nov was 4820 again. So, classic example of a level becoming a resistance level first and then a support level. If 4820 holds, then minor resistance at 4850-4855, and then 4900. Hourly charts suggest it should find supp at 4750-4770 levels. Having said this, I see a resistance zone from 4850 to 4880. Though Gaza strip issue can have an effect, and Crude can fly away on the upper side, still I would apply caution. I would take each and every level one at a time and look for small profits. And yes, whatever is happening is not good for the people of Gaza, especially if Ground Invation occurs...


  7. Kb tarder Says:
    November 18th, 2012
    Posted at: 12:16 pm

    Hi cerulean, hmm .. :)

    Hi SM, ga. .. i need some details.. will mail u


  8. SM Says:
    November 18th, 2012
    Posted at: 12:22 pm

    Hi cerulean, You wished everyone a very happy Sunday with friends and fly. Maybe you meant Family. Maybe you meant Fly :D
    I also mentioned that I sincerely hope Crude flies away on the higher side. Too much flying maybe :DDD
    Lets enjoy the Sunday John Denver style :
    http://www.youtube.com/watch?v=MkNugqMMwxU

    Hi Kb tarder, GA. Yes, will check mail and reply


  9. Kartik Says:
    November 18th, 2012
    Posted at: 12:31 pm

  10. SM Says:
    November 18th, 2012
    Posted at: 12:55 pm

    Hi Kartik, Good afternoon :)


  11. cerulean Says:
    November 18th, 2012
    Posted at: 12:57 pm

    Hi Kartik, good afternoon.. Please take good care of CB ..Certain things can be stressful ..


  12. cerulean Says:
    November 18th, 2012
    Posted at: 1:00 pm

    Hi SM, :}} nice joke ... family it was meant to be ..Thanks for the lovely music .you are a virtual library of music ..!!


  13. SM Says:
    November 18th, 2012
    Posted at: 1:01 pm

    Hi cerulean, :)


  14. cerulean Says:
    November 18th, 2012
    Posted at: 1:05 pm

    Hi SM, Hi Kb tarder, :}bye for now . Hi Kartik, Please remember , and take note of my message ..

    Wishing everyone here peace and happiness!
    [SM plz take note no fly :P this time]


  15. Amit Says:
    November 18th, 2012
    Posted at: 1:06 pm

    Hi Kartik, what to do u feel of tata chemicals?


  16. SM Says:
    November 18th, 2012
    Posted at: 1:09 pm

    Hi cerulean, bye and take care :) BTW, there is nothing wrong with flying. ENJOY
    BYE EVERYBODY... I will be back later

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