Quotes with Resistance & Support
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Intraday calls for 16-12-16

Posted on: December 16th, 2016 at 8:33 am

Markets likely to open flat. Support for Nifty is at 8120 and resistance at 8220. Bank Nifty has support at 18000 and resistance at 18700.

Buy Texmaco Infra at 46, target: 49.50. Stoploss: 44.20

Disclaimer – I do not have any investments in this stock.

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114 Responses

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  1. seema Says:
    December 17th, 2016
    Posted at: 2:02 pm

    what about yesbank and reliance?


  2. Aneel M Says:
    December 17th, 2016
    Posted at: 3:14 pm

    Hi CB, away Bhartiartl going down every day? Holding 330 call. Will it recover next week?


  3. Aneel M Says:
    December 17th, 2016
    Posted at: 9:35 pm

    Hi CB, what is the impact of below news on Bhartiartl?

    Trai bats for bar on bypassing STD, ISD using audio-conferencing


  4. Taj Says:
    December 17th, 2016
    Posted at: 11:29 pm

    Hi cb sir, I want to create good portfolio for long term, please suggest me how to pick the stocks what are the points, balance sheet etc


  5. sensex Says:
    December 18th, 2016
    Posted at: 4:09 am

    Can I buy L&T for tgt of 1450 before budget ?


  6. CB Says:
    December 18th, 2016
    Posted at: 10:29 am

    Hi seema, yesbank above 1200 can test 1240. ril can test 1080 in coming days

    Hi sensex, not yet. has been moving in a small range since long

    Hi Taj, yes, look for companies with growing profits, low or 0 debt. less competition

    Hi Aneel M, seems it may not have much of an impact on the stock. should see a bounce this week.


  7. Sumit Says:
    December 18th, 2016
    Posted at: 10:33 am

    Thankfully sir


  8. Sumit Says:
    December 18th, 2016
    Posted at: 10:34 am

    What is your views about SRS for short & medium term ?


  9. Prathmesh Says:
    December 18th, 2016
    Posted at: 12:29 pm

    Good afternoon CB sir, pl guide on Hexa, JSW Energy, Bhushan Steel, Wonerla, I am heavily stuckup.... borrowed money... so need to take some action....pl give some solution. at least can exit at par.


  10. abs Says:
    December 18th, 2016
    Posted at: 2:08 pm

    Hello CB,

    I want to invest in mutual fund, as the market P/E ratio effect MF too, kindly tell me is it a right time? or due to budget we can expect market to bounce as it is moving in a range since long.


  11. seema Says:
    December 18th, 2016
    Posted at: 5:57 pm

    What do you think of AXIS BANK here? after these many scams, suspension of employees , don't you think this price will fall down to 440 again or even to 400 shortly?


  12. ASHOKBHAI Says:
    December 18th, 2016
    Posted at: 7:30 pm

    Safe FUTURE trading calls for 19.12.2016 .............

    PCJEWEL Buy@358 s/l 354 Targets 365-370
    PCJEWEL Sell@350 s/l 354 Targets 345-340
    UPL Buy@670 s/l 665 Targets 675-680
    UPL Sell@658 s/l 663 Targets 650-645

    **Avoid if open gap-up or gap-down or at target.
    **Revise s/loss at regular intervals for more profit.


  13. Harshal Says:
    December 18th, 2016
    Posted at: 10:56 pm

    Hello Sir, please suggest some stocks for long term around 1-2 years. Can I enter any of these: Quickheal, Bartronics, Lloyd electric, Motherson Sumi, Texmaco Rail, Pricol, equitas holding, etc.
    Is this a good time to invest in stocks? Or shall wait till January for earnings reports?


  14. Prince Mayank Says:
    December 18th, 2016
    Posted at: 11:23 pm

    Hi CB, Bought IGL future for BTST , petrol price hike aupport kar sakta he IGL ko ?? Whats ur target for monday ??


  15. sudipmondal Says:
    December 19th, 2016
    Posted at: 7:11 am

    hi cb ji goodmorning kindly suggest at this stage nifty or bank nifty positional ur complete own view, or wipro 1/2 days trading basic view,


  16. CB Says:
    December 19th, 2016
    Posted at: 7:59 am

    Hi sudipmondal, Good morning. below 8080 cn fall further. wipro can tst 468

    Hi Prince Mayank, petrol hike wont effect it. it is going strng. can test 925

    Hi Harshal, can go with motherson sumu, texmaco rail on dips for now

    Hi ASHOKBHAI, thanks

    Hi seema, no, its seeing short covering after these news started coming out. strong support at 445-450. below this fresh selling may come in

    Hi abs, markets may remain volatile in near term. best to start an SIP if possible. can go with sbi pharma fund or L&T midcap fund

    Hi Prathmesh, Good morning. oh ok. shall exit from bhushan steel around 43 for now. wonderla not sure whats the news on it. is going weak. shall hld jsw and hexa

    Hi Sumit, most welcome. its in a downtrend. best to avoid it

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