Intraday calls for 16-11-11
Markets likely to open flat/ slightly higher. Resistance for nifty is at 5140.
If markets show weakness later during the day, sell: Reliance communications
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CB Says:
November 16th, 2011
Posted at: 11:40 pm
Hi ramesh kumar, yes, if nifty is unable to cross 5120-5130 for day or 2 one can enter a pe. go with a 5000 pe rather than a 4700
nithin2009 Says:
November 16th, 2011
Posted at: 11:46 pm
cb...will welspun corp falls more...iam in huge loss...pls also comment on sintex ind at cmp for medium term...
amit Says:
November 17th, 2011
Posted at: 12:02 am
what is the futre of bfutiliti in next 4 mnth.i hav 480 shres@720
deepak Says:
November 17th, 2011
Posted at: 12:05 am
hi kartik, thanks but what did u mean by a defensive bet ?
Abdullah Says:
November 17th, 2011
Posted at: 12:29 am
Hi CB, Kartik, Just look at this 10 min chart of Crude. Also look at the slow stochastic. $101.40 levels can be good supp. Your thoughts plz. Overall looks scary as India is a major importer of crude. See this link:
http://i43.tinypic.com/w0j04.png
Wasey Says:
November 17th, 2011
Posted at: 12:59 am
Hi CB,
Which companies in large and midcap would earn more profit if dollar becomes expensive?
Please give few names in both the categories.
Thanks!
Rise Says:
November 17th, 2011
Posted at: 1:02 am
still sir hw much tym dey myt take.?
richa Says:
November 17th, 2011
Posted at: 1:18 am
Hi CB.. i am holding bharti 380 put and tata motors 170 put..
your advice on both the counters would be really appreciated..
thanks
CB Says:
November 17th, 2011
Posted at: 1:28 am
Hi nithin2009, yes, looks weak. could correct if markets remain weak. don't add more of it yet. don't invest in sintex yet. looks weak.
Hi amit, it has strong support at 400-430 levels. if holds onto it in short term, can head upto 500
Hi deepak, usually these stocks perform well even when markets are in a downtrend
Hi Abdullah, yes.. crude is at good support levels. seems could rally a bit from here. lets see
Hi Wasey, usually IT companies do well
Hi Rise, depends on when markets improve a bit. as of now these are a hold. don't add more yet
Hi richa, yes, continue to hold these. below 396 can see 388. tata motors too looks weak.
Rise Says:
November 17th, 2011
Posted at: 1:35 am
sir will tomm market open?
DJ Says:
November 17th, 2011
Posted at: 1:41 am
Hey Cb
crude is up more than 3%,where do u c nifty tmrw,even if it opens high anyhow???
CB Says:
November 17th, 2011
Posted at: 5:43 am
Hi Rise, yes.
Hi DJ, lets see. as of now seems may open a bit higher. resistance at 5130
SB Says:
November 17th, 2011
Posted at: 7:45 am
Hi CB, Nope bhai , I think market likely to open a bit lower !
SB Says:
November 17th, 2011
Posted at: 7:48 am
Hi CB, SGX is lower , - 72
Dow Ind av = -192 points down ,
Dow fututures +ve !
l
Market trend - ve with global cues :
Short traders can keep a aStoploss @ 5150
Kartik Says:
November 17th, 2011
Posted at: 8:41 am
Hi SB, GM, thanks for the udpate