Quotes with Resistance & Support
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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. CB Says:
    November 16th, 2010
    Posted at: 8:27 am

    Hi VIN, atlanta is seeing some profit booking. has support at 84. hold for now. hindaco can see 240


  2. stalin Says:
    November 16th, 2010
    Posted at: 8:28 am

    hai buddy good morning...how abt TiTan for the day..wil be witness any downfall yet again


  3. CB Says:
    November 16th, 2010
    Posted at: 8:29 am

    Hi stalin, Good morning. can see 3950-3970 today


  4. Abhi Says:
    November 16th, 2010
    Posted at: 8:32 am

    morning CB!!


  5. CB Says:
    November 16th, 2010
    Posted at: 8:32 am

    Hi Abhi, Good morning..


  6. anu Says:
    November 16th, 2010
    Posted at: 8:34 am

    Hi CB,

    I am highly frustrating with KS Oil and FSL,

    They are not moving at all, and now from last three days both started downward journey,

    Could you please assist me, are they going to see up move in current series. I can't hold it longer.

    Sorry for hassling you,


  7. CB Says:
    November 16th, 2010
    Posted at: 8:36 am

    Hi anu, no issues. yes. yesterday we did see some upmove in large caps. small/midcap could follow soon. hold them for now. FSL is near strong support of 25. fundamentally nothing wrong with it.


  8. Abhi Says:
    November 16th, 2010
    Posted at: 8:37 am

    SYNDICATE BANK or WOCKHARD, what do you suggest, Infact made some losses going short on SYNDICATE!!


  9. shuvra Says:
    November 16th, 2010
    Posted at: 8:37 am

    gudmrng cb, can i buy hdil for intraday if so target pls


  10. stalin Says:
    November 16th, 2010
    Posted at: 8:38 am

    hai buddy is der a chance for Titan to cross 4150 2morrow...how abt BFutility ..whts the target for the day


  11. Kb Says:
    November 16th, 2010
    Posted at: 8:39 am

    Hi CB, imagine .. hours left for expiry, nifty trading at 6070 .. Buying 6000 put , for 1/2 RS is a pure gambling na ??


  12. Dipen Says:
    November 16th, 2010
    Posted at: 8:39 am

    Hi CB.
    Holding ADF Foods @ 75.50. What is your view..
    Thanks.


  13. CB Says:
    November 16th, 2010
    Posted at: 8:39 am

    Hi Abhi, dont short banks yet. they are seeing buying interest. wockhardt can see 418-420


  14. CB Says:
    November 16th, 2010
    Posted at: 8:40 am

    Hi shuvra, Good morning. no, not sure of entering it yet

    Hi stalin, bf can see 1005. titan may consolidate for some time before the next upmove.


  15. CB Says:
    November 16th, 2010
    Posted at: 8:41 am

    Hi Kb, yes.

    Hi Dipen, has good support at 74. can see a bounce upto 80 from here.


  16. Kb Says:
    November 16th, 2010
    Posted at: 8:45 am

    Hi CB, One Trading institution written about this trade in newspaper .. i was reading it .. . explains it as his strategy win .. I wonder ..

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