Intraday calls for 12-11-10

Quotes with Resistance & Support

Market Information

Intraday calls for 12-11-10

Posted on: November 12th, 2010 at 8:20 am

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Markets likely to open a bit lower. Support for nifty is at 6150 and resistance at 6250

If markets show recovery later during the day, buy: Kalindee Rail Nirman.

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562 Responses

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CB Says:
November 12th, 2010
Posted at: 7:50 pm
Hi Kb, Good evening
Hi Raahul Chopra, as of now its a hold. don't avg it yet. for now lets wait
CB Says:
November 12th, 2010
Posted at: 7:50 pm
Hi ARUP, no, don't avg it yet. for now lets wait and see where nifty settles.
ARUP Says:
November 12th, 2010
Posted at: 7:52 pm
FOR LONG TERM IS UP MOVE IS END..6350 NOT POSSIBLE AGAIN BY THIS MONTH.
CB Says:
November 12th, 2010
Posted at: 7:52 pm
Hi dhiva, looks good. can see 108. has strong support near 95
CB Says:
November 12th, 2010
Posted at: 7:53 pm
Hi ARUP, seems a bit unlikely this month
ARUP Says:
November 12th, 2010
Posted at: 7:55 pm
SO, KEEPING MARGIN....I CAN HOLD....THATS YOUR ADVICE. THAT 6350 POSSIBLE IT CAN TAKE TWO MONTHS..BUT POSSIBLE.
kuldeep Says:
November 12th, 2010
Posted at: 8:13 pm
I bought renuka @ 69 . Shall i hold or sell? pl suggest
sadanand Says:
November 12th, 2010
Posted at: 8:51 pm
hi boss my sundaram fastners came to my purchased prize from this point it will move up or down?
CB Says:
November 12th, 2010
Posted at: 9:23 pm
Hi ARUP, yes, in 1-2 months its possible hold for now
Hi kuldeep, would advice to book profits for now
Hi sadanand, yes, its looking strong. hold onto it. can see 80-82
raj Says:
November 12th, 2010
Posted at: 9:31 pm
CB monday renuka would be up or down ??? i just read ur comment it can go upto 80-82 levels?? Should i exit current long position and re-enter later??
CB Says:
November 12th, 2010
Posted at: 9:33 pm
Hi raj, it has important and strong support at 88-90 levels. likely to see some bounce from here if markets stop correction. hold it for now. shall keep you updated
raj Says:
November 12th, 2010
Posted at: 9:36 pm
and cb i just saw the candle stick chart of renuka sugar it seems this is the biggest down in last 3-4 months, so u does it indicate down side started?? and how to make technical calls based on these chart???
raman Says:
November 12th, 2010
Posted at: 9:41 pm
Hi Cb, what is short term target for NRC, thank you
CB Says:
November 12th, 2010
Posted at: 9:45 pm
Hi raj, no, does not indicate the start of a downtrend. was due to weak markets and also some nervousness before its results.
Hi raman, can head upto 15 in short term.
Tejas Says:
November 12th, 2010
Posted at: 9:52 pm
Hi CB, Sir if market moving up on tomoro then can i buy renuka at 91.30 at cmp for intraday ?
Tejas Says:
November 12th, 2010
Posted at: 9:54 pm
Hi CB, Sir holding ORCHIDCHEM but it has gone down by rs.12 is this the market effect ?