Intraday calls for 02-12-15

Quotes with Resistance & Support

Market Information

Intraday calls for 02-12-15

Posted on: December 2nd, 2015 at 8:27 am

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Markets likely to open slightly higher. Support for Nifty is at 7880 and resistance at 8020. Bank Nifty has support at 17250 and resistance at 17500.

Buy Vedanta at 94.15, target: 97.50. Stoploss: 92.50 – (Avoid Vedanta)

9.13am – Buy Deepak Fertilizers at 155.50, target: 161. Stoploss: 151 – (Continue to hold Deepak fertlizers for BTST)

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182 Responses

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Vignesh Says:
December 2nd, 2015
Posted at: 2:34 pm
Hi Amruta, You are welcome.
Vignesh Says:
December 2nd, 2015
Posted at: 2:39 pm
Hi Rajkumar, It has hit 52 week low today. Much lower levels are expected until 220 - 237. Keep a stop at 285.
sonali Says:
December 2nd, 2015
Posted at: 2:39 pm
Thanks Vignesh!!! I am long, but somehow the stock is struggling around 166 since long?? Should i hold it for tomorrow ??
Thanks
Smridh Says:
December 2nd, 2015
Posted at: 2:40 pm
No views on Sail?
abs Says:
December 2nd, 2015
Posted at: 2:43 pm
Vignesh, i guess CB is not around..can u suggest me wht tgt sksmicro n arvind can see today or tomorrow
Robotguy Says:
December 2nd, 2015
Posted at: 2:45 pm
Hi Smridh, R u long in Futures or Cash ?
Smridh Says:
December 2nd, 2015
Posted at: 2:46 pm
Cash for intraday though.Need to square off position.
Smridh Says:
December 2nd, 2015
Posted at: 2:48 pm
Should I square off now,or wait for some time?
Robotguy Says:
December 2nd, 2015
Posted at: 2:48 pm
Hi Smridh, Then keep stop loss 47.10
Smridh Says:
December 2nd, 2015
Posted at: 2:49 pm
Okay.Thanks a lot!
Sona Says:
December 2nd, 2015
Posted at: 2:50 pm
Hi CB..i have MARUTI and HEROMOTO FUTURES...in decent prft...shall i book here or will they move further high
Robotguy Says:
December 2nd, 2015
Posted at: 2:53 pm
Hi Smridh, For intraday trading always try to select stock trading above atleast above 100/- and having maximum volume...it will help u to make quick profit and exit...
Smridh Says:
December 2nd, 2015
Posted at: 2:55 pm
Thanks so much for the advice!
senthil Says:
December 2nd, 2015
Posted at: 2:56 pm
sir, can i add delta corp for btst tomorrow
Vignesh Says:
December 2nd, 2015
Posted at: 2:59 pm
Hi sonali, It is struggling at 166 because it is at resistance 2 on a daily chart. It might go down tomorrow as it is in a bearish trend.
You are welcome.
Muvan Says:
December 2nd, 2015
Posted at: 3:00 pm
Hi CB, please review Jyoti structures, is the debt restructuring and debt equity swap pulling up the stock? how much it could come up? is it good to hold to get upto RS 50