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. arun bj Says:
    December 6th, 2011
    Posted at: 10:04 am

    hi kartik good morg rec chart looks uptrend macd is above 0 line its closed 201 .. 200 day dma 205 .. what do you say


  2. prasath bj Says:
    December 6th, 2011
    Posted at: 10:08 am

    hi kartik after long time now i ready to trade from tomo any calls or put suggest me


  3. Kb Says:
    December 6th, 2011
    Posted at: 10:13 am

    Hi SAI, Good Morning :DDDDDDDD ..

    Hi Kartik, Good Morning

    Hi CB , Good Morning


  4. SAI Says:
    December 6th, 2011
    Posted at: 10:28 am

    Hi CB / Kartik Good Morning


  5. CB Says:
    December 6th, 2011
    Posted at: 10:34 am

    Hi SAI, Good morning

    Hi Kb, Good morning

    Hi arun bj, it has resistance at 205 levels. one can enter it once it manages to cross 205

    Hi prasath bj, if nifty breaks 5000, one can enter a put


  6. RohitC Says:
    December 6th, 2011
    Posted at: 10:41 am

    GM CB and thanks a lot for your views on Surana Corporation. When market is closed, day seems to be very boring :)


  7. prasath bj Says:
    December 6th, 2011
    Posted at: 10:41 am

    hi cb good morg your technical view in ranbaxy trading near 430 level and larsen .. trading 1315 level ... can i buy call option on both


  8. saravan Says:
    December 6th, 2011
    Posted at: 10:44 am

    GM CB,

    Can I go for Confi Petrol & this level for a longer term ie., 15-20 yrs, if no, what else ?

    Thanks


  9. deepak Says:
    December 6th, 2011
    Posted at: 10:54 am

    hi kartik, thanks dear ........... and kb dear, thanks to u too bro........... n rohitc, very well said, when d markets are closed, day seems to dull and boring especially if its a holiday :D


  10. deepak Says:
    December 6th, 2011
    Posted at: 10:56 am

    hey kartik, based on what i hv gathered from the charts, it seems that cipla is currently in an overbought zone and an engulfing pattern has also formed after a good upmove, can one enter shorts tomorrow in it ?


  11. jksoibam Says:
    December 6th, 2011
    Posted at: 11:25 am

    sir, when i may exit 5100ce ,now at rs103


  12. girish Says:
    December 6th, 2011
    Posted at: 11:47 am

    Dear all

    will ranbaxy & apolo hospital to trade intraday for 2marrow....can anybody tell me the can i trade for 2marrow...

    wishes
    giri


  13. Trade4444 Says:
    December 6th, 2011
    Posted at: 11:52 am

    Which are the companies that give good dividends ?


  14. DJ Says:
    December 6th, 2011
    Posted at: 12:28 pm

    hi Kartik
    The net direct tax collection jumped 8.63% to Rs 2,35,333 crore during the first eight months of this fiscal. It stood at Rs 2,16,628 crore in the same period of the previous fiscal
    sounds good for the mkts???if us and europe remains flat to negative,is this going to give a kick to the markets to go up?


  15. damon Says:
    December 6th, 2011
    Posted at: 12:38 pm

    hello sir,
    tomorrow market in red or green?


  16. RohitC Says:
    December 6th, 2011
    Posted at: 12:54 pm

    CB, again S&P has warned that it may downgrade the entire European countries. All the global markets are again back in red. It seems tomorrow we may see the gap down opening..!!

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