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. DJ Says:
    December 5th, 2011
    Posted at: 4:45 pm

    CB????as of now no new call????
    i wanted to know kartik's saying 71 for jp on script or future,buddy?


  2. rahul Says:
    December 5th, 2011
    Posted at: 5:02 pm

    CB/kartik sirs...

    Have a break - have a kit-kat!!

    forget stocks till wednesday morning..... as of now looks like we will open stronger on wednesday unless something drastic happens today n tomorrow in US/UK markets....

    take care, bye


  3. Kb Says:
    December 5th, 2011
    Posted at: 5:07 pm

    chartink >chARTIn K >Kartink > karthik :DDDDDDDDDDDDD


  4. DJ Says:
    December 5th, 2011
    Posted at: 5:08 pm

    Hi JAnLOkPAL..sorry...sorry...KB
    GE


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

    Hi DJ, Hai.. GE


  6. CB Says:
    December 5th, 2011
    Posted at: 5:20 pm

    Hi ani, hold for now. if nifty breaks 5000, can fall further to 4900-4930 levels. keep sl near 5060

    Hi DJ, ok.. its cash

    Hi rahul, :) have a good evening.

    Hi Kb, Good evening.


  7. CA.Tejas Says:
    December 5th, 2011
    Posted at: 6:23 pm

    Hi CB, One Query ...

    I have asked one Q
    at 3.20pm around, Sterlite Tech... Bought accumulated at 36 n cmp is 35 what to do

    kartik has replied to sell on any rise on wednesday....

    But after mkt hrs when I see chart it looks gud from my point of view....

    Suddenly jumped from 35 to 37.10 n closed at 36.35...

    Now I require yr expert advise ...

    1. whether the company is gud fundamentally ??
    2. How it looks on chart??
    3. WHat tgt can be expected in short term n lone term??

    Kindly reply on all above Q...

    Thanks in advance...


  8. CA.Tejas Says:
    December 5th, 2011
    Posted at: 6:25 pm

    With respect to my Q on STerlite Tech... following was the news

    "Sterlite Technologies Ltd has informed BSE that the Hon'ble High Court of judicature at Bombay has vide its Order dated October 21, 2011 approved the Scheme of Amalgamation of Sterlite Infra-Tech Limited (100% Subsidiary of the Company) with the Company.

    The appointed date as per the Scheme of Amalgamation is April 01, 2011. Sterlite Infra-Tech Limited stands amalgamated with the Company effective from December 01, 2011."

    Now kindly advise....


  9. Kb Says:
    December 5th, 2011
    Posted at: 6:40 pm

    Hi CB, GE .. .


  10. CB Says:
    December 5th, 2011
    Posted at: 6:47 pm

    Hi CA.Tejas, fundamentally its a strong bet. one can invest in it for long term. as of now seems is trading at cheap valuations. technically is finding some support at currentl levels. may consolidate for few days before the next upmove


  11. pareshdoshi Says:
    December 5th, 2011
    Posted at: 7:06 pm

    hi cb, any comments on ceat,rpower & navin flourine?


  12. pareshdoshi Says:
    December 5th, 2011
    Posted at: 7:09 pm

    hi cb,can nifty go below 4600?


  13. wasey Says:
    December 5th, 2011
    Posted at: 7:26 pm

    Hi CB,
    How is the outlook for NIFTY tomorrow, will it decile further than today or inch higher?


  14. RohitC Says:
    December 5th, 2011
    Posted at: 7:28 pm

    CB, I am holding Surana Corporation for almost last 2 years @ 60 rs. Should I book profit in it; is it fundamentally good bet for long term?


  15. shivavish Says:
    December 5th, 2011
    Posted at: 7:32 pm

    Nifty Outlook for Tomorrow 06-Dec : For intraday trading tomorrow, Nifty will take cues from the global markets and is expected to open on a flat to positive note tomorrow..... read more at Nifty Daily Tips


  16. Imran Khan Says:
    December 5th, 2011
    Posted at: 7:42 pm

    Hi Atul,

    What is your ID in google +, mine is [email protected] please add it.

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