Intraday calls for 09-12-10
Markets likely to open flat
Buy ICICI Bank at 1105, Target: 1120-1125, SL 1088 – (book profits at 1120)
11.07am – buy dlf 300 call at 8.75 target: 12. Stoploss 280 – (continue to hold it till tomorrow)
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SubhagGhosh Says:
December 10th, 2010
Posted at: 12:34 am
Nifty has got max oi at 6000 call and 5700 put. The range in nifty is comming around 5700 - 6000.
Nifty has got strong support at 5670, market movement will depend on tomarrow IIP data and global cue.
Yesterday I have given recomendation in case of downside the market may touch 5740, was hit intraday.
I have posted the recomendation on nseguide as well as on Http://niftyfutureandoption.blogspot.com/.
If IIP data is good, the market may see some recovery, the target on upside will be 5878 (wed low)/ 5939 (tue low).
If IIP data goes wrong the market may correct upto 5349 ( 31 Aug 2010, low) in comming days, which is most unlikely.
Any feedback and recomendation is highly appreciated.
Thanks and Regards.
Subhag Ghosh
[email protected]
arun bj Says:
December 10th, 2010
Posted at: 12:46 am
thanks kartik . . . I ll watch that price
Trade4444 Says:
December 10th, 2010
Posted at: 12:53 am
Dear Karthik,
Yesterday I saw Streaming Charts in your website with a red hyperlink.
I am not able to see that link now.
CB Says:
December 10th, 2010
Posted at: 1:38 am
Hi SubhagGhosh, thanks for the detailed update
Hi arun bj, ok
Hi Trade4444, yes. its www.chartink.com . site was down today due to system related issues.
zishan Says:
December 10th, 2010
Posted at: 7:39 am
Nagarjuna fert @ its 52week low.... is there still chances??
CB Says:
December 10th, 2010
Posted at: 7:41 am
Hi zishan, yes, strong support at 26-27 levels. can expect some bounce from here.
zishan Says:
December 10th, 2010
Posted at: 7:42 am
what is IIP data?
CB Says:
December 10th, 2010
Posted at: 7:58 am
Hi zishan, its ""Index of Industrial Production" hope this helps: http://www.mospi.gov.in/mospi_iip.htm
ajit Says:
December 10th, 2010
Posted at: 8:02 am
hi CB
can i buy put today
ajit Says:
December 10th, 2010
Posted at: 8:15 am
please can i buy put today
CB Says:
December 10th, 2010
Posted at: 8:20 am
Hi ajit, Good morning. no, not yet. lets wait for a small bounce to enter a put.
Maksymas Says:
December 10th, 2010
Posted at: 8:27 am
Hi CB, I guess LIC ll bounce back in the initial stage of the market.. what do you think?
CB Says:
December 10th, 2010
Posted at: 8:28 am
Hi Maksymas, yes, can see a small bounce.
Maksymas Says:
December 10th, 2010
Posted at: 8:29 am
What is your pick for the intraday today?
CB Says:
December 10th, 2010
Posted at: 8:30 am
Hi Maksymas, M&M looks good. near support levels.