Quotes with Resistance & Support
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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. Ashok Says:
    November 21st, 2009
    Posted at: 1:50 pm

    Hi CB,

    Whats your view on Nifty, will it cross 5100


  2. ankurpalan Says:
    November 21st, 2009
    Posted at: 2:40 pm

    Hi Angana, dat would be really something too much to ask for in such a market but kwel if u hold on to some wonderful stocks u can double ur money in a year or two buddy


  3. CB Says:
    November 21st, 2009
    Posted at: 2:51 pm

    Hi Angana, as of now no new call.lets wait for some dip

    Hi subramani, does not seem so considering we saw short covering on Friday..

    Hi Ashok, if we cross resistance at 5080 we can see 5130


  4. avinash Says:
    November 21st, 2009
    Posted at: 3:03 pm

    hi Cb,
    can u suggest me few good mutual funds where i can invest 3000 a month(all together)i am looking for long term...4 years from now......please do tell me the names of the funds.....thanks in advance...


  5. Arun Kumar Says:
    November 21st, 2009
    Posted at: 3:11 pm

    Hi CB,

    As adviced by you I am opening an account with Angel.

    The agent will come to my place on Monday to collect the documents.

    Please advice the odin market watch price of Angel is realtime or is there any delay ?

    Thanks

    Arun


  6. CB Says:
    November 21st, 2009
    Posted at: 3:48 pm

    Hi avinash, go with sbi magnum contra fund or hdfc top 200 fund

    Hi Arun Kumar, ok.. yes, its a 0 second delay if you use odin diet software.


  7. LP Says:
    November 21st, 2009
    Posted at: 4:06 pm

    Hi CB,

    i am not trading FNO.... but as per your FNO call shall i go either long or short in niftybees...


  8. pradeep Says:
    November 21st, 2009
    Posted at: 4:09 pm

    HI CB,WHAT COULD BE THE TARGET OF IFCI IN NOV.SERIES?


  9. Kartik Says:
    November 21st, 2009
    Posted at: 4:18 pm

    Hi LP, as of now no call on nifty.. if nifty crosses 5080 you can buy nifty bees

    Hi pradeep, around 53


  10. Arun Kumar Says:
    November 21st, 2009
    Posted at: 4:19 pm

    Thanks CB.


  11. justin Says:
    November 21st, 2009
    Posted at: 4:19 pm

    hello chirag..dude i m stuck with AURBINDO PHARMA..its not coming down at all..
    it went back to 785 levels on friday..wen do u think it wud come to 740 levels?
    thanks a lot for being patient with me.i apprecaite it.


  12. CB Says:
    November 21st, 2009
    Posted at: 4:20 pm

    Hi Arun Kumar, most welcome

    Hi justin, most welcome. yes.. keep it a little longer..it will come down in coming days.. upside from here is limited.


  13. Reddy Says:
    November 21st, 2009
    Posted at: 4:21 pm

    Hi CB, How would the EDUCOMP script on monday? will it go up?


  14. Reddy Says:
    November 21st, 2009
    Posted at: 4:23 pm

    bought at 759


  15. Angana Says:
    November 21st, 2009
    Posted at: 5:23 pm

    Ankurpalan and CB I'll wait till market comes down.till then I'll keep you asking :)


  16. sanjay Says:
    November 21st, 2009
    Posted at: 6:27 pm

    cb...is it wise to enter EKC..on monday...as it is low and as per ur prediciotn should go to 160 right??

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