Quotes with Resistance & Support
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Intraday calls for 22-11-10

Posted on: November 22nd, 2010 at 8:24 am

Markets likely to open gap up. Support for nifty is at 5850 and resistance at 5970.

On rise one can short Tata steel near 615-620 levels with stoploss at 630.

Avoid fresh longs for now. Nifty looks weak below important support of 6000-6030. Please refer to the below nifty chart. (click on image to enlarge)

Nifty

Nifty

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439 Responses

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Comment pages: 123456789Show all

  1. CB Says:
    November 22nd, 2010
    Posted at: 8:37 am

    Hi dak, Good morning. can add 12-15rs. strong support near 970-980


  2. Tj Says:
    November 22nd, 2010
    Posted at: 8:39 am

    HEY CB JI....how is SAIL, TATASTEEL, Jswenergy, bhel tell me which two are good to buy at present price


  3. ramesh Says:
    November 22nd, 2010
    Posted at: 8:40 am

    target for coal india this week?


  4. CB Says:
    November 22nd, 2010
    Posted at: 8:41 am

    Hi Tj, bhel looks better. near good support levels

    Hi ramesh, can see 345


  5. CB Says:
    November 22nd, 2010
    Posted at: 8:44 am

    Hi Sweekar, no, dont enter it yet. not sure whats the news on it.


  6. Sweekar Says:
    November 22nd, 2010
    Posted at: 8:47 am

    Ok CB,
    Can we enter Uflex limited.


  7. CB Says:
    November 22nd, 2010
    Posted at: 8:47 am

    Hi Sweekar, yes, strict sl at 238


  8. smh Says:
    November 22nd, 2010
    Posted at: 8:47 am

    cb, holdin g HPCL @ 470 want to exiyt tdy what price or SL can i expect pls gude


  9. stalin Says:
    November 22nd, 2010
    Posted at: 8:48 am

    ok buddy thanks....how abt pantaloon ranbaxy ,whts the expected target


  10. Tj Says:
    November 22nd, 2010
    Posted at: 8:48 am

    Hi CB, So for bhel the good support level is 2210??


  11. CB Says:
    November 22nd, 2010
    Posted at: 8:49 am

    Hi smh, keep sl at 440 for now and hold it. on a bounce can see 465-470

    Hi stalin, no, not sure about it yet

    Hi Tj, yes.


  12. Sweekar Says:
    November 22nd, 2010
    Posted at: 8:49 am

    Thanks CB


  13. CB Says:
    November 22nd, 2010
    Posted at: 8:50 am

    Hi Sweekar, most welcome.


  14. CB Says:
    November 22nd, 2010
    Posted at: 8:55 am

    Hi new investor, yes, usually happens when there is a trend change in markets. hopefully should do well going forward.


  15. stocket Says:
    November 22nd, 2010
    Posted at: 8:57 am

    Hi Can I buy Prism or Dish for Intraday?


  16. Kb Says:
    November 22nd, 2010
    Posted at: 8:58 am

    Hi CB, GMMMMMM CBBBBBBB

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