Quotes with Resistance & Support
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Intraday calls for 12-11-10

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

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.

Note, I have been out of town, will be online by noon

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562 Responses

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  1. Preet Says:
    November 13th, 2010
    Posted at: 4:19 pm

    Hi CB/Karthik,

    wat's happening in Resurgere mines?
    I have 15000 @ 2.10
    Yesterday it fell of a sudden to 1.70.
    Should i average it here or hold?
    I can hold it for 1-2 years.


  2. CB Says:
    November 13th, 2010
    Posted at: 4:27 pm

    Hi Ravi, technically is near strong spport levels of 300-310. one can enter it in small quantity. likely to do well.. cairn can see 335. hold it


    Hi roze, yes, will need to hold them a bit longer 1-2 weeks time. technically ks looks good

    Hi Mayur, go with ichimoku breakouts, flags, triple tops

    Hi Preet, yes, its going a bit weak. for long term its a good bet hold it. don't add more of it yet


  3. chandu Says:
    November 13th, 2010
    Posted at: 4:32 pm

    Hi CB,

    Iam holding the Allied Digital, Elecon engineering, Omax Autos & Jyothi structures from last six months. Not seeing significant upmove in these stocks despitie posting good results. What is the reason? should I hold them or exit & move on to some better stocks.
    Regards,
    Chandu


  4. Uniyal Says:
    November 13th, 2010
    Posted at: 4:47 pm

    Hi CB/Kartik Sir,
    Market will open low on monday morning.. i want to buy a call for 1-2 days.. which november call should i buy for profit.... plz suggest can i buy TATA Motors call 1300, SBI call 3150 or anything else....


  5. CB Says:
    November 13th, 2010
    Posted at: 5:20 pm

    Hi chandu, yes, midcaps have been quite in this rally till now. fundamentally these are all strong bets. continue to hold onto these for now. likely to do well in near term

    Hi Uniyal, yes, seems may open a bit lower. dont enter these calls yet. wait for some time. on a small dip one can enter sesa goa call


  6. Siddhu Says:
    November 13th, 2010
    Posted at: 5:30 pm

    Your suggestion on the below list..for long term

    JK Paper
    ANG Industries
    Renaissance Jewellery


  7. Siddhu Says:
    November 13th, 2010
    Posted at: 5:33 pm

    I have applied for Power Grid FPO. I had applied for the IPO time also (RS 52) went upto 160. I have sold at 110 long back. Then it was dead for long term like Suzlon. I think this FPO has trying to give some life.

    CB,
    After this allotment, on the list date, so many will try to SELL power grid is it ?
    What do you say ?
    Thanks


  8. Ravi Says:
    November 13th, 2010
    Posted at: 5:56 pm

    Thanks CB for the support...


  9. CB Says:
    November 13th, 2010
    Posted at: 6:22 pm

    Hi Siddhu, yes, are fundamentally good bets. posting good results. would advice to enter thse on dips for long term. power grid is a hold. stock can head upto 115-120 in short/med term


    Hi Ravi, most welcome.


  10. harshavardhan Says:
    November 13th, 2010
    Posted at: 6:29 pm

    hi brother, What is the status of Pipava & abgshipyard?


  11. Shivangi Says:
    November 13th, 2010
    Posted at: 6:32 pm

    Hello. i m new to this website.. can anybody provide me a link from where we learn to read technical indicators.. one of my friend told me about the ichkimo cloud...from where i get this.. and how to use this.?


  12. Pandumama Says:
    November 13th, 2010
    Posted at: 6:33 pm

    Namskar, educomp kaisa lagata hai , bahut uttar gayya hai, lagya ab upper jayega


  13. Pandumama Says:
    November 13th, 2010
    Posted at: 6:40 pm

    kabhi kabhi muze aisa lagata hai ki jo achha lagata hai use tokh du aur jo bura lagata hai use kharedana achha rahega, kyonki ab tak mai jo bhi karta hai o ulta hota hai


  14. raj Says:
    November 13th, 2010
    Posted at: 6:51 pm

    CB blessing in disguise my broker by mistake bought renuka for some one else cause he had same buy call from 3 people bought for 2. Please suggest should i buy on monday or some other call


  15. shrikanth Says:
    November 13th, 2010
    Posted at: 6:56 pm

    HI CB, Your views on investment in CESC(6-8 months) & Pirhealth.(Time Period 3-6months)


  16. raj Says:
    November 13th, 2010
    Posted at: 7:08 pm

    Hi CB, by mistake my broker bought Renuka for someone else and did not buy for me a true blessing in disguise, pls let me know should I buy on monday or something else..

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