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. vincel Says:
    November 16th, 2012
    Posted at: 5:40 pm

    hai cb today i bought dlf 250@210 wats the 2-3 day target shall i HOLD or Exit


  2. amit Says:
    November 16th, 2012
    Posted at: 5:48 pm

    Hi Robotguy, oh..so u mean nseguide twin
    Hi Sundaresh, I am that Amit Mohanty only..:)
    Hi suneel b, well I work in IT but luckily not in Wipro or infy.. so unfortunately I m not the same.. :)


  3. amit Says:
    November 16th, 2012
    Posted at: 5:49 pm

    Hi Priyanka, one thing I really liked about what u said.. Sudarshan Sukhani sucks... and the best thing is I am strictly foloowing him nowadays... He says BUY then I sell.. and if he says SELL I buy.. and u know what that is giving some good profits.. :P


  4. CB Says:
    November 16th, 2012
    Posted at: 5:50 pm

    Hi keerthi, does have strong support near 5550 levels. if manages to hold onto it, can bounce back. below this can test 5480

    Hi Akash, not weak. seeing profit booking. likely to bounce back soon

    Hi Robotguy, bbye. you too have a good weekend.

    Hi vincel, does have strong support near 195-200. hold it for few days. can bounce back to 220


  5. amit Says:
    November 16th, 2012
    Posted at: 5:51 pm

    Hi CB.. what do u think of Electrosteel Castings for a long term?


  6. CB Says:
    November 16th, 2012
    Posted at: 5:54 pm

    Hi amit, it does look a bit weak. debt has been increasing every year. dont invest in it yet.


  7. amit Says:
    November 16th, 2012
    Posted at: 6:01 pm

    Hi CB, the reason I asked is I saw its CRISIL rating.. CIRISIL ELECTROSTEEL


  8. Priyanka Says:
    November 16th, 2012
    Posted at: 6:16 pm

    Hi NH, Yes,Nifty is in a sure downtrend.But be careful about some occasional pullback rallies.


  9. Priyanka Says:
    November 16th, 2012
    Posted at: 6:19 pm

    Hi amit, Not only Sukhani,there are some other TV experts also.
    If you enter trades based on their calls, you are sure to loose money.
    Don't know whether they are purposefully doing it or not ?


  10. Robotguy Says:
    November 16th, 2012
    Posted at: 6:27 pm

    Hi Priyanka, Most of them are being paid for giving such info..


  11. Robotguy Says:
    November 16th, 2012
    Posted at: 6:30 pm

    Hi Priyanka, Previously watching CNBC was my favourite nowadays my favourite is TOM & JERRY. I watch CNBC only for DOW + other market price :)


  12. Prams Says:
    November 16th, 2012
    Posted at: 6:39 pm

    Hi Robotguy, Thank you for ur call...could book my 4 lots on downside at 81.50.but still it was first day for me to book profit in both CE and PE s.After booking profit in 5600 CE i bought 5600 PE 5 lots at 29 and sold it at 69.Gr8!!! day for a beginr(in profit).Thank you All seniors fors giving good lessons....


  13. Prams Says:
    November 16th, 2012
    Posted at: 6:41 pm

    Hi Priyanka, We all missed u here :)


  14. Priyanka Says:
    November 16th, 2012
    Posted at: 6:45 pm

    Hi Prams, Thank you.
    I was a little busy with Diwali celebrations and farm related works....


  15. Robotguy Says:
    November 16th, 2012
    Posted at: 6:46 pm

    Hi Prams, I felt so bad it made high of 89.80 if it had moved 2.20 points more it would have met my target of 92... :)


  16. Priyanka Says:
    November 16th, 2012
    Posted at: 6:47 pm

    Hi Robotguy, These TV Guru's are misleading us.
    Yesterday ET Now said SUN TV traded with big volume and it is likely to rise today...
    I did the reverse.
    Shorted it and earned a handsome profit - 8K

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