Quotes with Resistance & Support
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Intraday calls for 19-11-10

Posted on: November 19th, 2010 at 8:24 am

Markets likely to see a flat opening, Support for nifty is at 5940.

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587 Responses

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  1. Trade4444 Says:
    November 21st, 2010
    Posted at: 5:19 pm

    Dear CB,
    I have installed chartnexus but could not find where to use Fibonacci retracement in the chart.


  2. care Says:
    November 21st, 2010
    Posted at: 6:27 pm

    The Godfather, accompanied by his stockbroker, walks into a room to meet with his accountant. The Godfather asks the accountant, "Where's the three million bucks you embezzled from me?" The accountant doesn't answer. The Godfather asks again, "Where's the three million bucks you embezzled from me?"

    The stockbroker interrupts, "Sir, the man is a deaf-mute and cannot understand you, but I can interpret for you." The Godfather says, "Well, ask him where the @#!* money is."

    The stockbroker, using sign language, asks the accountant where the three million dollars is. The accountant signs back, "I don't know what you're talking about." The stockbroker interprets to the Godfather, "He doesn't know what you're talking about."

    The Godfather pulls out a pistol, puts it to the temple of the accountant, cocks the trigger and says, "Ask him again where the @#!* money is!"

    The stockbroker signs to the accountant, "He wants to know where it is!" The accountant signs back, "Okay! Okay! The money's hidden in a suitcase behind the shed in my backyard!"

    The Godfather says, "Well, what did he say?" The stockbroker interprets to the Godfather, "He says that you don't have the guts to pull the trigger."


  3. Kb Says:
    November 21st, 2010
    Posted at: 6:35 pm

    Hi CB, See see bee beeeeeeee ......... :)))))))


  4. Kb Says:
    November 21st, 2010
    Posted at: 6:53 pm

    Hi Trade4444, Fibonacci retracement levels >> gives us the possible support/ resistance levels In a retracement/ extension of a trend, (if it happens) . . Important Fibonacci levels are 23.6 %, 38.2% , 50 %, 61.8 % etc ..

    No need of chart nexus to find out the fib levels ... Guess IF it is Up tend .. Of Low 50 & high 100 ..

    23.6 % level >> 100 - (100- 50 )X .236 = 88.2 .. Simple .. :))))

    Well. . Donn rely only on fib levels , just take a cue that something will happen around that levels .. also use other indicators in combination..

    Well guess if it goes down 88.2 & consolidating bit with reversal candles and crossing up & giving a good close above with volume >> BUYY that one with conformation from other indicators. .


  5. AJ Says:
    November 21st, 2010
    Posted at: 7:39 pm

    CB,
    How long will KALE take to recover above 160 levels?
    I cannot hold beyond 2-3 days :(


  6. rajatheetradergroup Says:
    November 21st, 2010
    Posted at: 7:41 pm

    karthik sir, this is our small tips on portfolio holders

    BHEL looks weak-Avoid
    BHEL Cmp Rs.2253- Stock has closed lowest level in 51weeks and trades near 52week low of 2188 and stock breaking Rs.2100 next support comes near Rs.1900 & below levels. This PSU stock could be best avoided @ this point of time.Stock has taken a beating for the last 7 weeks and 100EMA @ Rs 2217 is only slight hope for the it.


  7. Tejas Says:
    November 21st, 2010
    Posted at: 8:53 pm

    Hi CB, Sir what is mean by Positional call in share market ..


  8. Vinod Says:
    November 21st, 2010
    Posted at: 9:05 pm

    Hi CB, i have dlf price 362 can it go to my buy price in 15 days


  9. jaya Says:
    November 21st, 2010
    Posted at: 9:11 pm

    Hi CB sir, can i buy alok ind tomorrow for one month, what can be tgt pl


  10. jaya Says:
    November 21st, 2010
    Posted at: 9:11 pm

    Hi CB sir, can i buy alok ind tomorrow for one month, what can be tgt pl


  11. jagdish Says:
    November 21st, 2010
    Posted at: 9:13 pm

    Hi CB, how do you look mkt tomorrow.


  12. Kartik Says:
    November 21st, 2010
    Posted at: 9:14 pm

    Hi Trade4444, its easy to use it in ChartNexus, you just need to click on any point, then drag your mouse(using the left mouse button)

    Hi care, :)

    Hi Kb, Good evening

    Hi AJ, lets wait to see how Markets react tomorrow

    Hi Tejas, anything that you hold for more than a day (other than Intraday) is known as a positional call

    Hi rajatheetradergroup, thanks

    Hi Vinod, it might take some time to recover, hold it for 1-2 months time


  13. Kartik Says:
    November 21st, 2010
    Posted at: 9:15 pm

    Hi jagdish, likely to trade flat tomorrow


  14. Tejas Says:
    November 21st, 2010
    Posted at: 9:18 pm

    Hi Kartik, Thanks sir


  15. Jaya Says:
    November 21st, 2010
    Posted at: 9:19 pm

    Sir my q is left


  16. Jagdish Says:
    November 21st, 2010
    Posted at: 9:20 pm

    Hi Kartik, thanks good night

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