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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Comment pages: 34567891011Show all

  1. CB Says:
    November 16th, 2010
    Posted at: 9:06 am

    Hi K K, Good morning. has resistance at 6150. if crosses it, can see 6200

    Hi raj, no, not yet

    Hi AceStock, buy some of voltas

    Hi savio, most welcome

    Hi Shiva, needs to trade above it for some time. lets see.


  2. AJ Says:
    November 16th, 2010
    Posted at: 9:06 am

    how you do see charts of CAN BANK? can it add 15-20Rs intraday?


  3. stalin Says:
    November 16th, 2010
    Posted at: 9:06 am

    hai mate...can i short in cash in these markets


  4. CB Says:
    November 16th, 2010
    Posted at: 9:07 am

    Hi Abhi, yes, looks good

    Hi LEO, if unable to close above 6150, we can see 6000-6050 again


  5. Kb Says:
    November 16th, 2010
    Posted at: 9:07 am

    Hi CB, wil we get further upside?


  6. CB Says:
    November 16th, 2010
    Posted at: 9:07 am

    Hi AJ, yes, can add 10-12rs

    Hi stalin, no, not yet.


  7. CB Says:
    November 16th, 2010
    Posted at: 9:08 am

    Hi Kb, if manage to trade above 6150 for some time, can see 6200


  8. Shiva Says:
    November 16th, 2010
    Posted at: 9:09 am

    shall I book profits at opening in Accel frontline?


  9. Kb Says:
    November 16th, 2010
    Posted at: 9:09 am

    Hi CB, hmm .. ok cb


  10. LEO Says:
    November 16th, 2010
    Posted at: 9:10 am

    OK CB,


  11. Gitanjali Says:
    November 16th, 2010
    Posted at: 9:11 am

    Hi CB, If nifty trades below 6140 .. can we short banks pl?


  12. AceStock Says:
    November 16th, 2010
    Posted at: 9:12 am

    Thanks,
    Target for Voltas please?


  13. kumar Says:
    November 16th, 2010
    Posted at: 9:13 am

    hi cb exit nifty all positions 6280 levels enter nifty this time pl suggest


  14. Manoj Says:
    November 16th, 2010
    Posted at: 9:13 am

    can i hold SELEN and TATAELEXI


  15. CB Says:
    November 16th, 2010
    Posted at: 9:13 am

    Hi Shiva, yes, book part for now

    Hi Gitanjali, no, not yet.


  16. Abhi Says:
    November 16th, 2010
    Posted at: 9:14 am

    canSYNDICATE see 165 today?

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