Quotes with Resistance & Support
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Intraday calls for 25-11-11

Posted on: November 25th, 2011 at 8:20 am

Markets likely to open flat. Support for nifty is at 4700 and resistance at 4780

Buy Apollo Tyres at 64-64.60, target: 67. Stoploss: 62
Buy Tata motors at 173, target: 178. Stoploss: 169 – (Book profit in tata motors at 177)

1.40pm – Buy Reliance ind at 766, target: 785. Stoploss: 750 (1-2 day hold)

Trade in small quantities.

For a technical view on Nifty, Reliance industries, tata motors, ICICI bank & TCS, please Click here

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454 Responses

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Comment pages: 212223242526272829Show all

  1. pankaj Says:
    November 27th, 2011
    Posted at: 9:51 pm

    with many states / politicians against FDI in retail isnt there an opportunity to short them if they open gap up tomorrow ?


  2. DJ Says:
    November 27th, 2011
    Posted at: 9:55 pm

    Ok Buddy
    in that case can i long jet or jp?which looks better?


  3. sb Says:
    November 27th, 2011
    Posted at: 10:02 pm

    hi can i buy nifty 4700ce feb and sell this month only if other crosseds 4800 r is there any restriction tht i cannot sell till Feb comes.


  4. sohan Says:
    November 27th, 2011
    Posted at: 10:19 pm

    Hello CB,

    What about Shree Renuka sugars.

    shall i buy this scrip for long term perspectice?

    Sohan


  5. CB Says:
    November 27th, 2011
    Posted at: 11:32 pm

    Hi Kb, Good night..

    Hi pankaj, no, does not seem likely

    Hi DJ, yes, can long jet

    Hi sb, yes, can enter it. keep sl at 4650 on nifty on closing basis

    Hi sohan, renuka is in a downtrend. don't enter it yet. wait for some more time for stock to stop falling and form a base


  6. sohan Says:
    November 28th, 2011
    Posted at: 12:44 am

    Hello CB,

    Thanks very much. Good night.

    sohan


  7. nithin2009 Says:
    November 28th, 2011
    Posted at: 1:04 am

    cb...pls advive wht 2 do with 600 welspun [email protected] chance 4 speed recovery???


  8. CB Says:
    November 28th, 2011
    Posted at: 7:27 am

    Hi sohan, Good morning. most welcome..

    Hi nithin2009, its a hold for now. has immediate support at 69. can expect a bounce from here.


  9. suresh Says:
    November 28th, 2011
    Posted at: 7:47 am

    hi cb,how will market open today?


  10. CB Says:
    November 28th, 2011
    Posted at: 7:54 am

    Hi suresh, as of now seems nifty may open 50-60 points higher.


  11. suresh Says:
    November 28th, 2011
    Posted at: 8:08 am

    thanks cb,will it sustain in green or go in red after europe opens? is it worth trading any of the retail stocks today?


  12. CB Says:
    November 28th, 2011
    Posted at: 8:10 am

    Hi suresh, likely to stay in the green it seems.not sure of entering retail stocks now. have rallied quite a bit.


  13. suresh Says:
    November 28th, 2011
    Posted at: 8:15 am

    thanks cb..


  14. CB Says:
    November 28th, 2011
    Posted at: 8:27 am

    Hi suresh, most welcome.


  15. JP Says:
    December 2nd, 2011
    Posted at: 8:35 am

    Hi..cb..bought share of lan infreatech yesterday @12.80...now its 12.50..shall i hold or sell it

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