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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  1. RohitC Says:
    December 6th, 2011
    Posted at: 1:02 pm

    Deepak, yes day become very boring on holidays :) i wish market if market can work 24*7 from 9am-9pm :D


  2. Kartik Says:
    December 6th, 2011
    Posted at: 1:17 pm

    Hi RohitC, GM, :)

    Hi prasath bj, LT can be entered, avoid Ranbaxy

    Hi saravan, Yes, can be entered for Long term, you may also buy some of Jasch for long term

    Hi deepak, above 325 it looks strong, go short if it manages to break 325

    Hi RohitC, Yes, also lets wait to see how Dow reacts tonight

    Hi DJ, not likely to have a major impact


  3. DJ Says:
    December 6th, 2011
    Posted at: 1:29 pm

    Thx a lot Kartik for responding.assuming a gap down opening tmrw and nifty holding 5000,can idfc be longed or tata motors will be a better bet?
    regards


  4. JK Says:
    December 6th, 2011
    Posted at: 1:43 pm

    THANKS A LOT


  5. CB Says:
    December 6th, 2011
    Posted at: 2:12 pm

    Hi DJ, yes. idfc can be bought

    Hi JK, most welcome.


  6. DJ Says:
    December 6th, 2011
    Posted at: 2:18 pm

    Thx buddy
    europe is recovering fast from its lows.any news?


  7. damon Says:
    December 6th, 2011
    Posted at: 2:32 pm

    hello sir,

    tomorrow market in red or green?


  8. Shiv Says:
    December 6th, 2011
    Posted at: 2:33 pm

    Hi CB whr do you see bharti holding 380pe in loss.. can it fall below 380 ?? can i continue holding it ?


  9. Kb Says:
    December 6th, 2011
    Posted at: 4:47 pm

    hooooooooooooooooooooooooo


  10. CB Says:
    December 6th, 2011
    Posted at: 6:03 pm

    Hi DJ, no, dont see any news yet

    Hi damon, as of now seems may open a bit flat

    Hi Shiv, it does have strong resistance at 395. hold for now. can see 384

    Hi Kb, Good evening.


  11. DJ Says:
    December 6th, 2011
    Posted at: 6:10 pm

    thx for responding buddy
    in a flat mkt where do u c jp opening tmrw?shall i exit at opening or hold my long?if global cues remain ok,then what sud i do?


  12. CB Says:
    December 6th, 2011
    Posted at: 6:36 pm

    Hi DJ, hold for now. book if nearts 71.


  13. Kb Says:
    December 6th, 2011
    Posted at: 7:00 pm

    Hi CB, Good evening :DDDDDDD


  14. Kb Says:
    December 6th, 2011
    Posted at: 7:04 pm

    Hi CB, whts up cbb ?? its holiday rite .........


  15. CB Says:
    December 6th, 2011
    Posted at: 7:07 pm

    Hi Kb, Good evening.. no.. got to go shortly.


  16. P V Mahesh Says:
    December 6th, 2011
    Posted at: 7:14 pm

    Hai, CB/Karthik
    if markets positive or negative
    long position in DLF or Educomp, and short with Pantaloon
    tommorow intraday can i go through with this pair.. is it correct or wrong
    if ok pl. suggest stop loss and target...
    thank you...

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