Quotes with Resistance & Support
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Intraday calls for 03-01-12

Posted on: January 3rd, 2012 at 8:26 am

Markets likely lto open higher, Nifty has resistance at 4670 and support at 4580

Sell Sintex Industries around 68.50, Target: 65, SL 71

10.40am – buy TCS at 1199, target: 1218. Stoploss: 1182

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443 Responses

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  1. Kartik Says:
    January 3rd, 2012
    Posted at: 3:31 pm

    Hi Tamraj Kilwish, :D

    Hi an, most welcome

    Hi Madhu, can see 196 tomorrow, book on rise


  2. Madhu Says:
    January 3rd, 2012
    Posted at: 3:35 pm

    Hi Kartik, oops I am on short :(


  3. sundeesh Says:
    January 3rd, 2012
    Posted at: 3:46 pm

    how will nifty perform on Wednesday ?


  4. Akash Says:
    January 3rd, 2012
    Posted at: 3:57 pm

    Hi Kartik, Shud I buy some CE now as market is very strong and it usually happens that when everyone think that market will go down, it does not go down at all and see even higher level than ever before that people start talking that market is going to see new heights shortly. So should I buy 5400 or 5300 CE for min 10-12 times return or even more as market may see 5200 in a month.


  5. pankaj Says:
    January 3rd, 2012
    Posted at: 3:59 pm

    got huge shorts in bhushan steel in cash. could not cover it. will it go for auction ? if yes, wht price u see in it by friday ?? also tell do exchange any penalty also for shorts


  6. RAVS Says:
    January 3rd, 2012
    Posted at: 4:11 pm

    Hi Kartik, Holding 4700 put at 117. Read your message late. so didn`t got time to square off. Any chances of market going down or shoud I square off tomorrow morning


  7. Sandy Says:
    January 3rd, 2012
    Posted at: 4:25 pm

    hi .. want to buy ICICIbank.. will it again go down to 700?


  8. CB Says:
    January 3rd, 2012
    Posted at: 4:25 pm

    Hi Madhu, ok. if possible hedge it with a 200 call for now

    Hi sundeesh, seems may open a bit flat tomorrow. can test 4800

    Hi Akash, yes

    Hi pankaj, yes, will go for auction on Friday. will be covered at market rate around 1-2pm. if price of the stock comes down by then, you could be in profit. also chk with your broker for penalty charges

    Hi RAVS, yes, shall exit tomorrow on dips. markets did see quite a bit of short covering today


  9. CB Says:
    January 3rd, 2012
    Posted at: 4:26 pm

    Hi Sandy, technically is near good support levels now. one can enter in small quantity at cmp


  10. ranganadh Says:
    January 3rd, 2012
    Posted at: 4:33 pm

    Hello Guru,

    Can I buy suzlon now at cmp for few days??


  11. raja Says:
    January 3rd, 2012
    Posted at: 4:40 pm

    CB sir, what baout HUGTEL (TTML) and IFCI status tomorrow?


  12. Akash Says:
    January 3rd, 2012
    Posted at: 4:44 pm

    Hi CB, Ok. Then I will buy 5400 or 5300 CE tomorrow if possible. Will they see 10-12 times jump in few days?


  13. karthick Says:
    January 3rd, 2012
    Posted at: 4:52 pm

    i have reliance at 880 shall i avg now?


  14. CB Says:
    January 3rd, 2012
    Posted at: 5:10 pm

    Hi raj, we will need to hedge these with couple of 4900 calls for now. global markets are going strong. possible test 4820

    Hi ranganadh, yes, enter in small quantity for now. can add 5-7%


    Hi raja, seems these can add 3-4% tomorrow

    Hi Akash, yes. likely to

    Hi karthick, yes, add in small quantity


  15. RAVS Says:
    January 3rd, 2012
    Posted at: 5:12 pm

    hI cb, y THE US FUTURES SUDDENLY ROSE


  16. CB Says:
    January 3rd, 2012
    Posted at: 5:14 pm

    Hi RAVS, hope this helps: http://nseguide.com/market-news/european-stocks-rise-before-us-report/

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