Quotes with Resistance & Support
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Intraday calls for 24-11-09

Posted on: November 24th, 2009 at 9:24 am

Markets likely to see a flat opening. Nifty has entered the overbought region, some profit booking is likley in coming days. Resistance for nifty is at 5120 and support at 5065

Sell Maruti Suzuki at 1560, target: 1535. Stoploss: 1580. (exit from it)

Options: Below 5065 one can buy a 5100 put (dec series) for a 1-2 day hold.

3:17pm: BTST CALL: BUY IN SMALL QUANTITY BHARATFORG CMP 276.80, TARGET: 285-290

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592 Responses

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  1. laxman Says:
    November 24th, 2009
    Posted at: 9:40 am

    can balchini be bought @ cmp? some news said that it can move upto 160 inshort term


  2. gururaj Says:
    November 24th, 2009
    Posted at: 9:40 am

    how about HDIL, can it see some upside move today?


  3. manoj Says:
    November 24th, 2009
    Posted at: 9:40 am

    HI CB
    can i buy unitech or suzlon for intraday


  4. Lalith Says:
    November 24th, 2009
    Posted at: 9:40 am

    How about alkali metals for intraday


  5. amit Says:
    November 24th, 2009
    Posted at: 9:41 am

    can i buy chemble 4 intraday at 51


  6. CB Says:
    November 24th, 2009
    Posted at: 9:41 am

    Hi AK, voltas can add 2-3rs.. balchi may remain flat

    Hi laxman, wait for some buying interest to come in the stock..

    Hi gururaj, yes..can add 5-7rs

    Hi manoj, unitech can be bought.


  7. RUTHWIK Says:
    November 24th, 2009
    Posted at: 9:41 am

    thank u CB
    if I will get my price then I can keep these stocks till march. Can I keep them then, can I get my money back in these counters?


  8. CB Says:
    November 24th, 2009
    Posted at: 9:41 am

    Hi amit, yes, one can enter it.


  9. shiva Says:
    November 24th, 2009
    Posted at: 9:41 am

    goood morning Chirag,

    Where do u expect nifty to be on friday??


  10. Anitha Says:
    November 24th, 2009
    Posted at: 9:42 am

    cb, again market will go down?


  11. CB Says:
    November 24th, 2009
    Posted at: 9:42 am

    Hi RUTHWIK, yes.. hold onto them..

    Hi shiva, cannot be sure as of now.. maybe around 5050-5100


  12. CB Says:
    November 24th, 2009
    Posted at: 9:42 am

    Hi Anitha, below 5065 we can see some downside.


  13. Gajendra Says:
    November 24th, 2009
    Posted at: 9:43 am

    Hi CB,

    Whats ur opinion on Hindalco for today....


  14. CB Says:
    November 24th, 2009
    Posted at: 9:44 am

    Hi Gajendra, its likely to remain flat..


  15. ganga Says:
    November 24th, 2009
    Posted at: 9:45 am

    wht is stoploss & target for tatasponge for intraday


  16. CB Says:
    November 24th, 2009
    Posted at: 9:45 am

    Hi ganga, keep sl at 264.can add 7-10rs.

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