Quotes with Resistance & Support
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Intraday calls for 21-11-11

Posted on: November 21st, 2011 at 8:27 am

Markets likely to open lower. Support for nifty is at 4830 and resistance at 4930

If markets show recovery later during the day, buy: Biocon Limited.

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317 Responses

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Comment pages: 5678910111213Show all

  1. Vinu Says:
    November 21st, 2011
    Posted at: 10:24 am

    Helo CB Sir..........
    Nifty corrected alomost 500 pts.
    also dollar is strenghten..
    dollar is strenghten indicates bullish for bond markets , stock market and bearish for commodity.. do u think nifty is going furthermore down?
    Thank you..


  2. CB Says:
    November 21st, 2011
    Posted at: 10:26 am

    Hi Vinu, technically nifty has strong support in the 4700-4850 zone. its possible bounces back from here as it has done last couple of times. if manages to break this strong, support then can head lower to 4500


  3. Aravind Says:
    November 21st, 2011
    Posted at: 10:26 am

    lntraday tgt of M&M


  4. Ravi Says:
    November 21st, 2011
    Posted at: 10:27 am

    CB sir , gm. i am holding bharti 380 put. should i hold for the expire? please suggest me.


  5. Aravind Says:
    November 21st, 2011
    Posted at: 10:27 am

    Thanks Pls give me the tgt &SL


  6. deepak Says:
    November 21st, 2011
    Posted at: 10:27 am

    HI CB
    Any tgt for Bharti pls


  7. Divyesh Says:
    November 21st, 2011
    Posted at: 10:29 am

    Do you see the bounce in tata steel can we brought 400 call @ 4/-


  8. CB Says:
    November 21st, 2011
    Posted at: 10:29 am

    Hi Aravind, can see 752. keep sl near 738

    Hi Ravi, hold for now. can see 386

    Hi deepak, on the downside can test support at 386.


  9. sanjay Says:
    November 21st, 2011
    Posted at: 10:30 am

    Hi Cb

    It seems nifty is not breaking 4850-4860 level for a long time. is this sign of small upward rally?


  10. CB Says:
    November 21st, 2011
    Posted at: 10:31 am

    Hi Divyesh, possible tests 395.

    Hi sanjay, yes. its possible.


  11. Aravind Says:
    November 21st, 2011
    Posted at: 10:32 am

    Thanks a lot CB


  12. CB Says:
    November 21st, 2011
    Posted at: 10:32 am

    Hi Aravind, most welcome.


  13. Ravi Says:
    November 21st, 2011
    Posted at: 10:32 am

    thank you CB sir.,


  14. sanjay Says:
    November 21st, 2011
    Posted at: 10:32 am

    ok. So, shall i buy nifty call ? if so, target & stop loss please:?


  15. CB Says:
    November 21st, 2011
    Posted at: 10:32 am

    Hi Ravi, most welcome

    Hi sanjay, lets wait for some more time.


  16. Siddharth Says:
    November 21st, 2011
    Posted at: 10:33 am

    Holding short in prime focus @ 55.05

    should i hold it for tgt 52 intraday or book loss cmp is 56.00

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