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

    HAI CB, I BOUGHT BOMBAY RAYAON @ 218 PER SHARE IN THE PREVIOUS WEEK. WHAT SHOULD I DO. ITS GOING DOWN. IN HOW MANY DAYS I GET PROFIT IN THIS STOCK.


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

    CB,
    Any thing to buy from here for intraday? or BTST?
    hows WOCKHARDT looking?


  3. CB Says:
    November 16th, 2010
    Posted at: 12:15 pm

    Hi Pandumama, most welcome

    Hi Kb, yes

    Hi ashok, seems may reman a bit flat for now. not really seeing much buying interest

    Hi hema, for now keep sl at 210 and hold it.


  4. raj Says:
    November 16th, 2010
    Posted at: 12:15 pm

    cb good time to buy or still down fall expected??


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

    Hi AJ,
    at this level BTST not advisable.


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

    Hi AJ, no, nothing new yet

    Hi Pandumama, sbi is one

    Hi raj, wait for some time.


  7. sarath Says:
    November 16th, 2010
    Posted at: 12:17 pm

    Hi CB.. whats ur opinion on Subex? Its trading at 83.75.. can i buy now? is it expected to rise once the market picks back? pls advice


  8. Kb Says:
    November 16th, 2010
    Posted at: 12:17 pm

    Hi CB, i had 5300 put & suzlon 55 put .. but exited earlier itself


  9. hema Says:
    November 16th, 2010
    Posted at: 12:17 pm

    HI CB, WHAT ABOUT IVRCL INFRASTRUCTURE. WHAT IS THE FUTURE OF THIS COMPANY. CAN I BUY THIS STOCK.


  10. nv Says:
    November 16th, 2010
    Posted at: 12:18 pm

    Bought Archies Ltd @ 43...shall I exit in losses at 42....

    I can hold for 1-2 weeks....


  11. CB Says:
    November 16th, 2010
    Posted at: 12:18 pm

    Hi sarath, no, dont enter ti yet

    Hi Kb, oh ok

    Hi hema, as of now looks a bit weak. dont enter it eyt


  12. AJ Says:
    November 16th, 2010
    Posted at: 12:18 pm

    ok..my question now changes -
    which is the strongest stock u see right now?


  13. CB Says:
    November 16th, 2010
    Posted at: 12:19 pm

    Hi nv, yes, exit from it for now.


  14. CB Says:
    November 16th, 2010
    Posted at: 12:19 pm

    Hi AJ, no, nothing new yet.


  15. CB Says:
    November 16th, 2010
    Posted at: 12:20 pm

    ill be back in 30 min


  16. tuff money Says:
    November 16th, 2010
    Posted at: 12:20 pm

    Hi Cb,

    Can we expect a pull back after such a sharp sell off so early in the day since we are at support?

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