Quotes with Resistance & Support
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Intraday calls for 18-11-08

Posted on: November 18th, 2008 at 9:31 am

Markets likely to open weak.
Short sell: Larsen and Tubro, stoploss: 795

If markets show recovery later during the day, buy: Rolta India and Mundra Port.

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19 Responses

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Comment pages: 12Show all

  1. vipin Says:
    November 18th, 2008
    Posted at: 10:46 am

    HI CB,

    what are views on nifty level for today...

    best regards
    vipin


  2. rahul Says:
    November 18th, 2008
    Posted at: 10:47 am

    sd i buy rolta at 180 fr intra day?


  3. CB Says:
    November 18th, 2008
    Posted at: 10:51 am

    Hi Vipin, 2700 very strong support and above 2800 we will see an upmove..

    Hi Rahul, No, it has run up a lot..wait for some dip..


  4. rahul Says:
    November 18th, 2008
    Posted at: 11:22 am

    can i now buy rolta@178


  5. rahul Says:
    November 18th, 2008
    Posted at: 11:36 am

    @177 now?


  6. CB Says:
    November 18th, 2008
    Posted at: 12:00 pm

    Hi rahul, not a buy now.. nifty has broken its support level of 2700 as of now.. we may see some more downside.


  7. amit Says:
    November 18th, 2008
    Posted at: 1:48 pm

    what about market??? down or recovery???


  8. amit Says:
    November 18th, 2008
    Posted at: 1:51 pm

    WHAT IS NEXT SUPPORT IN NIFTY PLS ANSWER


  9. srini Says:
    November 18th, 2008
    Posted at: 4:18 pm

    hi CB i have shorted RIL at 1130...what would be the future of this one..please suggest..


  10. guna Says:
    November 18th, 2008
    Posted at: 10:13 pm

    Dear CB bror...

    How r u ..?

    Hi rahul how r u i didnt see u on chat today.plz dont be very hurry in day trading. plz plz dont be ready to loss u r money. day trading is not an easy play portal.untill u understand the trend of the stock/index...!


  11. PPG Says:
    November 18th, 2008
    Posted at: 11:27 pm

    Hi CB, i had invested 20 lacs in MFs during last Feb.Now fund value is below 10 lac.any chance for hope with in 1 yr??


  12. GAFOOR Says:
    November 18th, 2008
    Posted at: 11:32 pm

    Index is falling every day. where is the concept of teknikal bounce back CB? can we xpect it in this week?


  13. CB Says:
    November 19th, 2008
    Posted at: 1:03 am

    Hi amit, so sorry.. I was not online in the afternoon.. Support is at 2500 now.. A technical bounce is expected but that would not sustain at higher levels.


    Hi srini, Rel ind is looking strong.. cover ur short on any dip.. it has support at 1100.


    Hi guna, m doing good..


    Hi PPG, MF's are definitely a hold.. hold them for another couple of yrs as current recession or slowdown is likely to continue next yr.


    Hi Gafoor, Technical bounce would come only when we see markets taking support.. We are seeing nifty break all support easily. One technical bounce is pending but it will not sustain i guess because of selling pressure seen at higher levels. Also, confidence of people has almost died.. this will continue for quite some time.


  14. manoj Says:
    November 19th, 2008
    Posted at: 9:17 pm

    thanks


  15. CB Says:
    November 20th, 2008
    Posted at: 12:19 am

    Most welcome Manoj..

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