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Intraday calls for 20-11-09

Posted on: November 20th, 2009 at 9:17 am

Markets likely to open weak. Nifty has support at 4920 and resistance at 5030.

If markets show recovery later during the day, buy: Resurgere Mines

Options: No call yet. Shall update later during the day.

11.24pm – Below 4960 on nifty, buy 5000 put (Dec series) with sl at 5030. (1-2 day hold) – Exit positions at 173 for now.

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732 Responses

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  1. SANDEEP Says:
    November 20th, 2009
    Posted at: 9:26 am

    COULD YOU PLEASE TELL ME HOW THE CEMENT SECTOR PERFORM. BECAUSE I HAVE GOT 250 INDIACEM .


  2. Ronny Says:
    November 20th, 2009
    Posted at: 9:27 am

    Hi CB,

    Will Suzlon see upper movement today also?


  3. CB Says:
    November 20th, 2009
    Posted at: 9:27 am

    Hi SANDEEP, india cement looks weak.would advice to exit it on rise..


  4. Chetan Says:
    November 20th, 2009
    Posted at: 9:29 am

    Hi CB ,

    how r u ...


  5. PHANI Says:
    November 20th, 2009
    Posted at: 9:29 am

    sir can i go for short today


  6. ASHISH Says:
    November 20th, 2009
    Posted at: 9:30 am

    good morning cb, hope my 4800 puts will reach today at 39.00. where do you see nifty closing today


  7. CB Says:
    November 20th, 2009
    Posted at: 9:30 am

    Hi Ronny, yes, it seems so

    Hi Chetan, m doing good. hope you doing good too.

    Hi PHANI, yes, wait for some rise after opening and go short.


  8. CB Says:
    November 20th, 2009
    Posted at: 9:32 am

    Hi ASHISH, nifty may remain flat today. hold the put for ow.


  9. rudresh Says:
    November 20th, 2009
    Posted at: 9:33 am

    Hi CB
    I buyed JSW Steels @967 , Wt will be the outlook today


  10. maddy Says:
    November 20th, 2009
    Posted at: 9:33 am

    CB, which are the scripts which we can short today


  11. CB Says:
    November 20th, 2009
    Posted at: 9:34 am

    Hi rudresh, its looking strong technically. hold it..will do well if nifty improves

    Hi maddy, on rise short educomp


  12. amit Says:
    November 20th, 2009
    Posted at: 9:35 am

    at what price we should buy Resurgere Mines


  13. Mohan Says:
    November 20th, 2009
    Posted at: 9:35 am

    Dear CB Sir,

    as per your advice i am still holding NIFTY 4800 PE, what shall i do today.


  14. Shekhar Says:
    November 20th, 2009
    Posted at: 9:35 am

    Good Morning CB! Your view on DLF? At what price can it be shorted? Target and SL?


  15. CB Says:
    November 20th, 2009
    Posted at: 9:35 am

    Hi amit, buy whenever nifty seems some improvement.. keep sl of 2-3rs.

    Hi Mohan, hold onto it for a day or 2 more. keep sl at 5030


  16. CB Says:
    November 20th, 2009
    Posted at: 9:36 am

    Hi Shekhar, not sure about it.

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