Quotes with Resistance & Support
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Intraday calls for 16-11-12

Posted on: November 16th, 2012 at 8:30 am

Markets likely to open flat, support for Nifty at 5580

Buy M&M around 905, Target: 925, SL 890

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654 Responses

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  1. J Says:
    November 16th, 2012
    Posted at: 1:10 pm

    can i enter reliance at this level??


  2. Akash Says:
    November 16th, 2012
    Posted at: 1:12 pm

    Hi sumit, Welcome. Are u new to the market? How much u r planning to invest initially...


  3. Naran Says:
    November 16th, 2012
    Posted at: 1:12 pm

    Hi Robotguy, Good call.....Thanks....


  4. deepa11 Says:
    November 16th, 2012
    Posted at: 1:13 pm

    hi Robotguy..due to power problem ..i sold @87 thanx once again.. tc bye..


  5. Akash Says:
    November 16th, 2012
    Posted at: 1:25 pm

    Hi Robotguy, Holding McDow-N 2100 CE which is almost 50% down. Wht to do? Buy one more lot to avrg the price and hold till next week for stock target 2000+


  6. santhi Says:
    November 16th, 2012
    Posted at: 1:27 pm

    Hi cb,

    can i buy infy this level???


  7. prakash Says:
    November 16th, 2012
    Posted at: 1:28 pm

    Any suggestion what to do with m&m


  8. Prasad Says:
    November 16th, 2012
    Posted at: 1:31 pm

    Hi,

    Can we enter Strides Acrolab at CMP. It is rising for the last few days.


  9. sumit Says:
    November 16th, 2012
    Posted at: 1:31 pm

    Hi Akash, i am not new to market, its been around more than 2 yrs now for me ..... and usually i trade in futures only with 1 lot and max 2 positions at a time. i follow techincal charts on google finance and just look for 2 important moving averages 50 and 200 both SMA as well as EMA and also keep a watch on RSI indicator before going long and short.....

    looking for long term relationship here and wud greatly appreciate if anyone here has something to share with me so that i may improve my strategy....


  10. CB Says:
    November 16th, 2012
    Posted at: 1:35 pm

    Hi prakash, its a hold for now.

    Hi santhi, no, not really sure yet

    Hi J, no, not yet

    Hi shariff, Good afternoon

    Hi sumit, sure, you are always welcome.


  11. CB Says:
    November 16th, 2012
    Posted at: 1:36 pm

    Hi Prasad, it has some resistance near 950. dont enter it yet.


  12. CB Says:
    November 16th, 2012
    Posted at: 1:37 pm

    Hi Akash, hold it for 1-2 days. will do well


  13. sumit Says:
    November 16th, 2012
    Posted at: 1:37 pm

    Hi CB,


  14. sumit Says:
    November 16th, 2012
    Posted at: 1:38 pm

    Hi CB, Thanks a lot CB Sir


  15. 0champ0 Says:
    November 16th, 2012
    Posted at: 1:39 pm

    Hi sumit,
    Can u please elaborate a bit more about the perfect combination of 50, 200 SMA's /EMA's & value of RSI in order to take a long or short position?


  16. Akash Says:
    November 16th, 2012
    Posted at: 1:39 pm

    Hi CB, McDFow-N is badly down. CE is almost 60% down now.. Wht to do? Hold or exit in loss again or avrg it?

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