Quotes with Resistance & Support
Market Information

Intraday calls for 16-11-10

Posted on: November 16th, 2010 at 8:25 am

Markets likely to open flat. Support for nifty is at 6030 and resistance at 6150.

Buy Hindustan Oil Exploration Company Ltd at 259-262, target: 268-270. Stoploss: 252

Trade in small quantity

11.40pm – Avoid fresh longs for time being. If holding few hedge with nifty 6000 puts

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624 Responses

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  1. RAJ Says:
    November 16th, 2010
    Posted at: 12:04 pm

    HI CB WHEN WILL THE MKT RECOVER?


  2. hema Says:
    November 16th, 2010
    Posted at: 12:05 pm

    good morning sir, i bought 10 shares of eichor motors @1396 in the previous week. but now its going down. what should i do. can i sell or hold the stock. thank u.


  3. abhishek Says:
    November 16th, 2010
    Posted at: 12:06 pm

    Hey Cb !
    Should i buy USHER ARRO @ 95-96 ?


  4. Dhana Says:
    November 16th, 2010
    Posted at: 12:07 pm

    hi CB,
    I hold 3 lots of bharti 340 [email protected] now 1.3. Even bharti raised to 319 today morning it was not moving much what to do?


  5. CB Says:
    November 16th, 2010
    Posted at: 12:08 pm

    Hi DS, yes, hold it

    Hi nani, not yet

    Hi raj, not sure yet

    Hi arun, yes, hold it

    Hi RAJ, no, cannot be sure yet

    Hi hema, Good mornig. hold it. we may have to avg it on dips in coming days.


  6. CB Says:
    November 16th, 2010
    Posted at: 12:08 pm

    Hi abhishek, no, not yet

    Hi Dhana, yes, 340 seems a bit unlikely. try and exit on rise for now


  7. Shanthi Says:
    November 16th, 2010
    Posted at: 12:09 pm

    Hi CB, what is the reason for our market goes down very fast ?


  8. CB Says:
    November 16th, 2010
    Posted at: 12:09 pm

    Hi Shanthi, hope this helps: http://nseguide.com/market-news/indian-markets-drift-lower-after-south-korean-rate-hike/


  9. Pandumama Says:
    November 16th, 2010
    Posted at: 12:10 pm

    i played only in 3 stocks 2 day, had decided about it in early morning -
    SYNDIBANK - Buy above 155.25, SL 153.00, target 160,162.
    Sell below 151,SL 153.65, target 147, 144.

    WIPRO - Buy above 435.60, SL 431, target - 438,440.10.
    Sell below 427.50, SL 430, target 423, 420, 418.

    then i saw orchid breaking 311, shorted it n covered at 307, good profit 2 day


  10. RAJ Says:
    November 16th, 2010
    Posted at: 12:10 pm

    WILL CANBK FALL FURTHER DOWN?


  11. CB Says:
    November 16th, 2010
    Posted at: 12:10 pm

    Hi Pandumama, nice to hear that

    Hi RAJ, seems so


  12. Shanthi Says:
    November 16th, 2010
    Posted at: 12:12 pm

    Hi CB, thanks


  13. CB Says:
    November 16th, 2010
    Posted at: 12:12 pm

    Hi Pandumama, ok

    Hi Shanthi, most welcome.


  14. Pandumama Says:
    November 16th, 2010
    Posted at: 12:12 pm

    Hi CB,
    ty,


  15. Kb Says:
    November 16th, 2010
    Posted at: 12:13 pm

    Hi CB, HOO deadly ...


  16. ashok Says:
    November 16th, 2010
    Posted at: 12:13 pm

    Hi CB target of moser bear satyam & idfc for 2 3 days i having holding in 69 88 197 . wht to do now?

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