Quotes with Resistance & Support
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Intraday calls for 05-12-11

Posted on: December 5th, 2011 at 8:29 am

Markets likely to open flat. Support for nifty is at 5000 and resistance at 5150.

Buy Advanta India at 314-317, target: 330. Stoploss: 306.
Buy Bata India at 631-635, target: 650-655. Stoploss: 620

Trade in small quantities.

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384 Responses

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  1. Gitanjali Says:
    December 5th, 2011
    Posted at: 12:00 pm

    Hi Abdullah, ok thank you.. which chart can we depend on according to you..pl?
    somehow feel crude will continue to rise ..under prevailing conditions ..The U.S. EIA said in its weekly report that U.S. crude oil inventories fell by 6.2 million barrels in the week ended November 18. Falling inventory is expected to support crude oil prices in short term.
    International Monetary Fund is preparing a rescue plan worth up to 600 billion Euros for Italy. This may generate more demand for crude oil in the near term.
    Dwindling dollar may support more upside in crude oil prices.
    Renewed tension in the Middle East may disrupt oil supply for an extended period.
    Crude Oil prices may rise on speculation that euro-area leaders will do more to fight the debt crisis
    Commodities are more to do with news and demand .. not very volatile are they not ..?
    Reply later at yr own convenient time .. Not urgent ..Thank you


  2. Kb Says:
    December 5th, 2011
    Posted at: 12:01 pm

    Hi Gitanjali, why donn you consider zerodha, they will add commodity soon. Just 20 RS per trade.. No other worries about charges :) ..


  3. CB Says:
    December 5th, 2011
    Posted at: 12:01 pm

    Hi Ravi, book near 5000. has some support here

    just came online.


  4. Abdullah Says:
    December 5th, 2011
    Posted at: 12:02 pm

    Hi Gitanjali, No issues :)


  5. ttsathya Says:
    December 5th, 2011
    Posted at: 12:02 pm

    Sir Bt Appollo Tyrs Fut @68 Pl advice


  6. Abdullah Says:
    December 5th, 2011
    Posted at: 12:03 pm

    Hi CB, GA :) Welcome back


  7. Shiv Says:
    December 5th, 2011
    Posted at: 12:03 pm

    Hi CB HAve 4900PE @ 75 from friday whr can i exit.. or shud i wait for nifty to go below 5000 to get some profit ??


  8. RAMESHB Says:
    December 5th, 2011
    Posted at: 12:03 pm

    Hi CB, can i sell the pfc taken at 165.


  9. CB Says:
    December 5th, 2011
    Posted at: 12:04 pm

    Hi ttsathya, it can see 71

    Hi Abdullah, thanks

    Hi Shiv, exit for now. nifty has support at 5000. if trades below it for few min, can enter put again


  10. CB Says:
    December 5th, 2011
    Posted at: 12:04 pm

    Hi RAMESHB, yes, book partial profit for now


  11. VIshnu Says:
    December 5th, 2011
    Posted at: 12:08 pm

    CB Sir...will CIPLA touch 334 today...Long@331


  12. ROHIT Says:
    December 5th, 2011
    Posted at: 12:09 pm

    Hi CB, SIR CAN I BUY NOW JP, PL. ADVICE SL/TAR TODAY


  13. sachin shukla Says:
    December 5th, 2011
    Posted at: 12:09 pm

    Hi CB, any news about rbi crr


  14. Akash Says:
    December 5th, 2011
    Posted at: 12:10 pm

    Hi CB, Hold Advanta for target 330 and also 5700 CE for target 10+ in 2-3 days? Pls suggest. Thnx.


  15. Sourabh Says:
    December 5th, 2011
    Posted at: 12:10 pm

    CB Sir...bought APOLLOHOSPITAN@711 for intrday..please advise SL and TRGT


  16. Shiv Says:
    December 5th, 2011
    Posted at: 12:11 pm

    CB holding Bharti380PE where do u see that 2day and in nxt few days.. shud i continue to hold it and for what target ?

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