Quotes with Resistance & Support
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Intraday calls for 11-12-12

Posted on: December 11th, 2012 at 8:25 am

Markets likely to open slightly higher. Support for nifty is at 5820 and resistance at 5960.

Buy Thermax around 614, Target: 626, SL 604 – (Can continue to hold Thermax for 1-2 days if possible.)

1.45pm – To hedge longs, Buy 5800 pe at 27, target: 40. Stoploss: 5930 (spot)

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439 Responses

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Comment pages: 141516171819202122Show all

  1. vakulamalika Says:
    December 11th, 2012
    Posted at: 1:43 pm

    MAY I HOLD ANDHRABANK AT 116 OR EXIT??


  2. CB Says:
    December 11th, 2012
    Posted at: 1:43 pm

    Hi swamy, tecnically does look weak. would advice to exit 50% for now


  3. CB Says:
    December 11th, 2012
    Posted at: 1:43 pm

    Hi vakulamalika, its a hold for short term. good bet


  4. CB Says:
    December 11th, 2012
    Posted at: 1:45 pm

    To hedge longs, Buy 5800 pe at 27, target: 40. Stoploss: 5930 (spot)


  5. Hridayesh Says:
    December 11th, 2012
    Posted at: 1:45 pm

    Hi CB, pl advice me...should I add 1 PNB Future @ current level ?


  6. PK Says:
    December 11th, 2012
    Posted at: 1:46 pm

    Hi CB, i have not exited from Adani Group in the morning,

    can i exit now from Ent & power both


  7. vakulamalika Says:
    December 11th, 2012
    Posted at: 1:46 pm

    CENTURYTEX BOUGHT AT 435 CAN I KEEP IT SOME MORE TIME??


  8. CB Says:
    December 11th, 2012
    Posted at: 1:47 pm

    Hi Hridayesh, not yet. lets wait

    Hi PK, yes, if in profits, book for now.


  9. CB Says:
    December 11th, 2012
    Posted at: 1:47 pm

    Hi vakulamalika, yes, can hold for few days.


  10. AJ Says:
    December 11th, 2012
    Posted at: 1:50 pm

    Target for PANTALOON short @ 231


  11. SS Says:
    December 11th, 2012
    Posted at: 1:51 pm

    Hi CB, Good Afternoon

    Any negative news from Politics or wht cud be reason for this down in nifty ?


  12. CB Says:
    December 11th, 2012
    Posted at: 1:51 pm

    Hi AJ, can test 224

    Hi SS, as of now seems like profit booking. had strong resistance near 5960


  13. Sona Says:
    December 11th, 2012
    Posted at: 1:52 pm

    Hi CB, y sudden fall?


  14. CB Says:
    December 11th, 2012
    Posted at: 1:52 pm

    Hi Sona, seems like profit booking.


  15. vakulamalika Says:
    December 11th, 2012
    Posted at: 1:52 pm

    DO I HOLD SBI AT 2325?


  16. CB Says:
    December 11th, 2012
    Posted at: 1:52 pm

    Hi vakulamalika, yes, its a hold. can add few more on dips.

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