Quotes with Resistance & Support
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Intraday calls for 16-11-09

Posted on: November 16th, 2009 at 9:22 am

Support for nifty is at 4990-5010.

Buy Steel Authority of India Ltd at 182-184, target: 191. Stoploss: 179.80

Options: Buy 5100 call at opening with sl at 4995. – (hold till tomorrow)

10.35am – buy patni computers at cmp 511 target 521. sl 505 ( sl triggered)

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760 Responses

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  1. varun soni Says:
    November 16th, 2009
    Posted at: 12:24 pm

    please advice when can i buy bharti airtel and rcom for good returns..


  2. suzane Says:
    November 16th, 2009
    Posted at: 12:25 pm

    hey chirag how r u? Am back after 10 days break. How come market so up? All my puts rate collapsed. Almost 80% loss in all my put option of around 30,000. What do u feel now as the next move? Will it go higher? Shall i square off or hold the position?


  3. syed Says:
    November 16th, 2009
    Posted at: 12:25 pm

    i am planning to buy 1000 more of sail. what price should i go . already have 500 @ 188


  4. CB Says:
    November 16th, 2009
    Posted at: 12:26 pm

    Hi sonia, it can see 176

    Hi Nitin Jain, hold it for some time

    Hi nitin, it can see 32

    Hi Latha, hold it

    Hi varun soni, they are long term plays. one can enter them at cmp for a 5-8month period


  5. AR Says:
    November 16th, 2009
    Posted at: 12:28 pm

    Wat abt Navneet Pub for short term????????


  6. CB Says:
    November 16th, 2009
    Posted at: 12:28 pm

    Hi suzane, exit from puts if europe opens positive..technically nifty looks strong for a target of 5150

    Hi syed, wait till europe opens..if its positive you can add at cmp


  7. CB Says:
    November 16th, 2009
    Posted at: 12:29 pm

    Hi AR, it has resistance at 43. above this it can see 47


  8. Anil Says:
    November 16th, 2009
    Posted at: 12:30 pm

    CB,
    CUNTURYTEX is daily going to 490 levels and coming back to 480. Any problem? When will it cross 500?


  9. AR Says:
    November 16th, 2009
    Posted at: 12:30 pm

    Can Vishal bounce bak in near term????????Is there ny possibility........Otherwise this stock is gd 4 nothing.........


  10. Latha Says:
    November 16th, 2009
    Posted at: 12:30 pm

    sir i have zenith birla @25.20 cmp 22.50. can i average or hold. tgt pls.


  11. SH Says:
    November 16th, 2009
    Posted at: 12:31 pm

    Hi ALL, EUROPEAN MARKET WILL BE POSITIVE. DONT GO SHORT NOW.


  12. Anil Says:
    November 16th, 2009
    Posted at: 12:32 pm

    CB,
    How is Europe expected to open? Still holding RELCAP 800 PUT.


  13. CB Says:
    November 16th, 2009
    Posted at: 12:32 pm

    Hi Anil, yes..facing some resistance at 491. above this it will do well. hold it

    Hi AR, not really sure why its not performing

    Hi Latha, dont avg yet. hold it for now


  14. Angana Says:
    November 16th, 2009
    Posted at: 12:33 pm

    Hi,
    Can I buy JPASSO @ CMP for intraday?


  15. preeti Says:
    November 16th, 2009
    Posted at: 12:33 pm

    hi cb.m holdin jsw steel at 920..wil it cross 940??or i shld exit


  16. Latha Says:
    November 16th, 2009
    Posted at: 12:34 pm

    thanks a lot sir

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