Quotes with Resistance & Support
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Intraday calls for 17-11-11

Posted on: November 17th, 2011 at 8:24 am

Markets likely to open lower, Resistance for Nifty at 5070 and support at 4980.

Buy Cairn India around 307, Target: 315, SL 302 – (book profit at 313-315)

2.04pm – buy 4900 pe at 39.60, target: 50-52. Stoploss: 5010 on nifty – (book profit in 4900 pe at 50-51)

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359 Responses

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  1. CB Says:
    November 17th, 2011
    Posted at: 4:20 pm

    Hi cvrprakash, Sun Pharma might take a while to recover, support at 485, banks have been trading weak, avoid entering it

    Hi KK, most of the stocks have broken their major support levels, wait for a few days for Markets to settle

    Hi Shweta, dont add more yet, wait for some more time

    Hi avis, it looks weak, exit from 1 long and enter a PE


  2. vijendra Says:
    November 17th, 2011
    Posted at: 4:53 pm

    Hi CB sir,

    What is your gmail id?

    Thanks
    Vijendra


  3. DJ Says:
    November 17th, 2011
    Posted at: 5:12 pm

    Hi Cb
    i am all shattered buddy,covered my shorts on skumars early and then went long on Jp.booked loss of 75k.will u plz help me out to cover my loss?i know u & kartik have been doing that only,helping ppl.plz name one script where i can cover few of my losses,long or short


  4. RAVS Says:
    November 17th, 2011
    Posted at: 5:21 pm

    Hi CB,Kartik, Holding 5100 call at 114. Now at 14. Yesterday I thought that my call will atleast reach 80-90. But today it fall suddenly and didn`t got time to exit. Plz suggest will it addd up should I exit tomorrow morning


  5. rakesh agarwal Says:
    November 17th, 2011
    Posted at: 6:13 pm

    Buy IDFC at current level. Target 119 and Stoploss 102. Oriental bank Target 318 within next week and stoploss 260


  6. Kartik Says:
    November 17th, 2011
    Posted at: 6:19 pm

    Hi vijendra, you can mail me at [email protected]

    Hi DJ, oh k, avoid making fresh longs for now as Markets look weak

    Hi RAVS, lets wait to see how Dow reacts tonight

    Hi rakesh agarwal, no, they look weak


  7. DJ Says:
    November 17th, 2011
    Posted at: 6:24 pm

    Kartik,can skumars be shorted on a rise tmrw?and kfa too?


  8. Akshi Says:
    November 17th, 2011
    Posted at: 6:38 pm

    How much is market expected to touch till expiry as I m holdoing huge quantity of 5300 call


  9. KK Says:
    November 17th, 2011
    Posted at: 6:48 pm

    Hi CB / Karthik,
    I transfered (online transfer) Rs. 500 to the specified account and the transaction number is 268751832. (FYI -- Transferred from my friend;s ICICI Bank Account)
    My mobile number is 09910765368

    Thanks,
    Kranthi Kumar.


  10. richa Says:
    November 17th, 2011
    Posted at: 6:54 pm

    Hi CB..I am still holding bharti 380 put and tata motors 170 put...
    please share ur view for now and also gimme targets where i can cut my puts.

    Thanks for ur guidance..luved the fall today


  11. YOGI Says:
    November 17th, 2011
    Posted at: 7:15 pm

    Hai friends


  12. Mrs Kiran S Says:
    November 17th, 2011
    Posted at: 7:28 pm

    What is the levels one has to watch for tomo in Nifty Fut. shalli enter 4900/5000 ce now?


  13. YOGI Says:
    November 17th, 2011
    Posted at: 7:35 pm

    Hi Mrs Kiran S, We may somemore consolidation ,mkt's luk volatile till monday


  14. thavva Says:
    November 17th, 2011
    Posted at: 7:40 pm

    Hi all,

    Read this at ur free time..

    http://www.mudraa.com/trading/108920/0/-nifty-clinic-please-read-this-atleast-one-time.html


  15. CB Says:
    November 17th, 2011
    Posted at: 7:42 pm

    Hi DJ, not sure of taking a fresh short now

    Hi Akshi, hold it with sl at 4920 for now. as of now seems like a flattish opening tomorrow.

    Hi KK, ok. Activated it now

    Hi richa, hold these for now. below 4920 nifty can fall further. keep trailing sl at 4960 on nifty and hold

    Hi YOGI, Good evening. hope doing well

    Hi Mrs Kiran S, no, dont enter a ce yet. marekts have been seeing quite a bit of selling pressure


  16. thavva Says:
    November 17th, 2011
    Posted at: 7:42 pm

    Hi Kartik, GE
    Hi YOGI, GE

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