Quotes with Resistance & Support
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Intraday calls for 07-12-09

Posted on: December 7th, 2009 at 9:10 am

Markets likely to open flat. Nifty has support at 5080.

Buy Banco Products at 81.85, target: 85. Stoploss: 79.50
Buy Nectar Lifescience Ltd at 30.20, target: 32. Stoploss: 29.30

Trade in small quantity.

12.40pm – sell reliance ind at cmp 1071, target: 1055. sl 1082 – (book profits at 1054)

30.05pm – btst – BUY adhunik metals in small quantity at cmp 103.50, target: 108-110, sl 99

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524 Responses

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  1. Kartik Says:
    December 8th, 2009
    Posted at: 8:46 am

    Hi suresh, maybe later today or tomorrow

    Hi ankurpalan, 5050 is good support

    Hi Akila, Good morning.. yes, likely to be flat today.. yes, alfa looks good. keep sl at 47 and buy some of it


  2. Kartik Says:
    December 8th, 2009
    Posted at: 8:46 am

    Hi dineshknp, it can add 4-5rs today..


  3. Chandrika Says:
    December 8th, 2009
    Posted at: 8:47 am

    HI CB

    Good Morning

    What abt the markets today.HOw markets will open ?


  4. Kartik Says:
    December 8th, 2009
    Posted at: 8:48 am

    Hi Chandrika, Good morning.. markets are likely to open flat.


  5. ankurpalan Says:
    December 8th, 2009
    Posted at: 8:58 am

    Hi Kartik, dou think dat markets would end above 5100 today


  6. Kartik Says:
    December 8th, 2009
    Posted at: 8:59 am

    Hi ankurpalan, not sure yet..


  7. Akila Says:
    December 8th, 2009
    Posted at: 9:01 am

    HangSeng recovering fast..........hope it is in green by the time Nifty opens


  8. Kartik Says:
    December 8th, 2009
    Posted at: 9:04 am

    Hi Akila, yes.


  9. MK Says:
    December 8th, 2009
    Posted at: 9:10 am

    GM Karthik

    I have Suzlon @ 79 & Satyam @ 96, can I book profit today or wait for more profit?


  10. ravikanth Says:
    December 8th, 2009
    Posted at: 9:11 am

    this month expries above 5200


  11. malick Says:
    December 8th, 2009
    Posted at: 9:12 am

    karthik
    wht is this niftype ????


  12. ankurpalan Says:
    December 8th, 2009
    Posted at: 9:12 am

    Hi Kartik, i got a new from my broker that this time nifty would cross 5200 and if it closes above 5211 nifty would go to breach 5300...does it look possible to u ...he also said 5200 and 5300 call me open interest badh gaya hai...wat does it mean is it is open interest going up good or bad


  13. ankurpalan Says:
    December 8th, 2009
    Posted at: 9:13 am

    Hi malick, PE stands for PUt and CE stands for Call i guess


  14. Kartik Says:
    December 8th, 2009
    Posted at: 9:13 am

    Hi MK, continue to hold onto them., they are likely to do well in short term

    Hi ravikanth, lets hope for the best

    Hi malick, not really sure..


  15. Kartik Says:
    December 8th, 2009
    Posted at: 9:17 am

    Hi ankurpalan, 5100 and 5200 calls have seen profit booking in last 2 trading session..check this post.. http://nseguide.com/market-news/index-may-bounce-back-after-consolidation/ we will see 5200 but maybe after seeing levels of 4950-5000 once

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