Quotes with Resistance & Support
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Intraday calls for 26-11-09

Posted on: November 26th, 2009 at 9:20 am

Markets likely to see a weak opening. Support for nifty is at 5050.

If markets show recovery later during the day, buy: Hitachi Home & Vardhman Textiles above 193

Options: Continue to hold 5100 put dec series. no new call yet. – ( book partial profits at 205)

3.30pm – btst – buy ranbaxy in small quantity at 430 target 441. sl 423

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639 Responses

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  1. Chandrika Says:
    November 27th, 2009
    Posted at: 9:03 am

    Hi CB
    Good Morning

    What about the markets today


  2. Avis Says:
    November 27th, 2009
    Posted at: 9:07 am

    Hi cb
    sgx nifty showing nifty blow 4920
    i have pos in herohonda @ 1718 dec fut
    wat price it may open so that i can exit


  3. ask Says:
    November 27th, 2009
    Posted at: 9:08 am

    Hi CB, Good Morning.
    I have Karnataka Bank at 173 and Suzlon at 73.
    Please suggest which one to hold and which one to exit.


  4. Pranav.M Says:
    November 27th, 2009
    Posted at: 9:12 am

    Hi CB, Any hope for IRB infra to cross 265 today ? & Tata motors to cross 650 ?Holding a large amount in both of them ?


  5. Aneel Says:
    November 27th, 2009
    Posted at: 9:13 am

    Good Morning CB and All,

    How is NIFTY expected to open? Whan can i bokk profits in 5000 PE @ 125.
    Can i add 4900 PE for 1 week hold or any other stock options to invest 50k?


  6. CB Says:
    November 27th, 2009
    Posted at: 9:14 am

    Hi Chandrika, markets are likely to open weak.. maybe we see some recovery later

    Hi Avis, it can see 1780. hold it for a day or 2

    Hi ask, if possible avg them out on dips.. if you need to exit one then exit from suzlon


  7. CB Says:
    November 27th, 2009
    Posted at: 9:15 am

    Hi Pranav.M, markets are likely to see some recovery after opening. tata motors will do well. hold irb for a day or 2 more

    Hi Aneel, yes, book profits at opening.. nifty may open around 4920. you may enter a 4900 call if nifty holds onto 4920 keep sl at 4880


  8. Aneel Says:
    November 27th, 2009
    Posted at: 9:18 am

    Thanks CB,
    Can i buy 4900 PE or any other stock optyions?


  9. CB Says:
    November 27th, 2009
    Posted at: 9:19 am

    Hi Aneel, buy a put only if nifty manages to close below 4900. for now we can play a small technical bounce.. buy a 4900 call around 4920 with sl at 4880


  10. Aneel Says:
    November 27th, 2009
    Posted at: 9:22 am

    Thanks CB.
    I am going out on office work and will not return till 2pm. At what rate i can place sell order for 5000 PE? CMP around 160.00...


  11. Aneel Says:
    November 27th, 2009
    Posted at: 9:26 am

    Also holding SUZLON 70 PE. Shall i hold or exit today itself?


  12. Pranav.M Says:
    November 27th, 2009
    Posted at: 9:36 am

    Hi CB,

    OKay,Cn u pls sggest is NIIT TECH a buy as of now for few days.?


  13. Pranav.M Says:
    November 27th, 2009
    Posted at: 9:53 am

    which one is good to invest NIIT TECH,UCO BANK,Rajesh Exports,GTL INFRA,Reliance at this levels ??


  14. raman Says:
    November 27th, 2009
    Posted at: 2:14 pm

    hi CB, will markets take further dip, or shall we see upside from here in the short term.


  15. Elaine Says:
    September 12th, 2012
    Posted at: 10:44 am

    Nifty Tips View and Trend For Tomorrow 26 May :- Nifty traders can watch 5330 as key surpopt & 5350 as key resistance on Thursday. 5300-5350 is important demand zone on NIfty. An upside bounce in Nifty is possible in next few days. Nifty's short term trend is Down. Nifty's Intermediate trend is Down. Resistance for Nifty : 5360 , 5390 , 5470 , 5620, 5640 , 5700, 5760. Support for Nifty : 5330 , 5290 , 5000 , 4940 , 4880. Bank Nifty is in intermediate down trend.

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