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

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384 Responses

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Comment pages: 101112131415161718Show all

  1. Ravi Says:
    December 5th, 2011
    Posted at: 12:11 pm

    thanks CB sir


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

    Hi VIshnu, yes, likely to

    Hi ROHIT, no, dont enter it yet

    Hi sachin shukla, not yet

    Hi Akash, yes. hold these

    Hi Sourabh, hold with sl at 700 for now.


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

    Hi Shiv, it can see 382

    Hi Ravi, most welcome.


  4. ROHIT Says:
    December 5th, 2011
    Posted at: 12:13 pm

    Hi CB, THANKS SIR


  5. aquil Says:
    December 5th, 2011
    Posted at: 12:13 pm

    sir bata@ 635 now @630 what to do shall i avg.


  6. CB Says:
    December 5th, 2011
    Posted at: 12:13 pm

    Hi ROHIT, most welcome.


  7. CB Says:
    December 5th, 2011
    Posted at: 12:13 pm

    Hi aquil, no, don't add more yet. hold for now.


  8. sohan Says:
    December 5th, 2011
    Posted at: 12:13 pm

    Hello CB,

    Good morning to you and all on the forum,

    Can you please give me intradar target for SAIL.

    Can i short it for intraday.

    Thanks,

    Sohan


  9. Revan Says:
    December 5th, 2011
    Posted at: 12:14 pm

    Hi CB How NIFTY is calculated ????


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

    Hi Gitanjali, I will not say commodities are not volatile but with respect to Nifty, they certainly look stable. Yes, news, demand and supply does determine commodity prices like crude. Inventory with a particular country or a cartel of countries like the Arab world does have an effect on Crude price. Also look out for Brent Crude and try to corelate the events (and prices) of that with Light Sweet Crude. Try Kitco website for news, events, inventory and charts for Base as well as Precious metals


  11. RAMESHB Says:
    December 5th, 2011
    Posted at: 12:14 pm

    Hi CB, OK THANKS. DONE.


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

    Hi sohan, Good morning. don't go short on it yet. nifty has good support near 5000.

    Hi Revan, its based on movement of nifty50 stocks.


  13. CB Says:
    December 5th, 2011
    Posted at: 12:15 pm

    Hi RAMESHB, most welcome.


  14. Mohan Says:
    December 5th, 2011
    Posted at: 12:15 pm

    Hi CB, holdng nift Future bought @5042...please suggest


  15. Revan Says:
    December 5th, 2011
    Posted at: 12:16 pm

    ya but how??? is there any formula ???


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

    Hello CB,

    Thank very much.

    Sohan

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