Intraday calls for 02-12-16

Quotes with Resistance & Support

Market Information

Intraday calls for 02-12-16

Posted on: December 2nd, 2016 at 8:32 am

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Markets likely to open lower. Support for Nifty is at 8120 and resistance at 8250. Bank Nifty has support at 18120 and resistance at 18700.

Sell Mahindra and Mahindra below 1150, target: 1125. Stoploss: 1165 – (Exit from M&M at cost to cost)

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

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154 Responses

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abhishek Says:
December 2nd, 2016
Posted at: 1:30 pm
Hi CB SIr,
thanks for replying.... What are your views on maruti..... should i enter PE now.....
samrudhi Says:
December 2nd, 2016
Posted at: 1:32 pm
JINDALSTEL ...............inching towards TARGET!!!!!!!!!!!!!!
seema Says:
December 2nd, 2016
Posted at: 1:35 pm
CB...shorted Axis at 463...with stop 465...where should i cover now?
CB Says:
December 2nd, 2016
Posted at: 1:36 pm
Hi vijayk, yes. shall hold for now
Hi abhishek, not yet.has some support near 5180
Hi seema, not yet. lets wait
CB Says:
December 2nd, 2016
Posted at: 1:36 pm
Hi seema, ok. lets hold with sl. markets are volatile.
seema Says:
December 2nd, 2016
Posted at: 1:37 pm
Axis has broken 460 support for a while.....
abhishek Says:
December 2nd, 2016
Posted at: 1:37 pm
thanku sir for the advice..... :)
ajju Says:
December 2nd, 2016
Posted at: 1:38 pm
engineers india limited 300ce at 11
CB Says:
December 2nd, 2016
Posted at: 1:42 pm
Hi seema, yes, guess after european markets opened, it witnessed some buying interest
Hi ajju, its a hold for now. sl near 290. can test 300-302
Hi abhishek, most welcome
seema Says:
December 2nd, 2016
Posted at: 1:45 pm
oops loss in Axis Bank...why it suddenly jumped 400 points?
seema Says:
December 2nd, 2016
Posted at: 1:46 pm
i mean bank nifty jumped almost 400 points from low...!
Kishan Rathi Says:
December 2nd, 2016
Posted at: 1:47 pm
Can i go with relinfra 450 put
CB Says:
December 2nd, 2016
Posted at: 1:57 pm
Hi Kishan Rathi, no, not yet. is near support levels.
Hi seema, yes! seeing selling pressure again
CB Says:
December 2nd, 2016
Posted at: 1:57 pm
ill be back in some time
samrudhi Says:
December 2nd, 2016
Posted at: 2:05 pm
EXIT from [email protected]..........................
yog Says:
December 2nd, 2016
Posted at: 2:06 pm
Hi CB,
What abt M & M ? Not moving as expected.