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

Posted on: December 12th, 2011 at 8:25 am

Markets likely to open a bit higher. Resistance for Nifty is at 4930 and support at 4850.

Buy Aban Offshore Ltd at 359, target: 368. Stoploss: 352 – (SL Triggered)

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354 Responses

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  1. phani Says:
    December 12th, 2011
    Posted at: 6:23 pm

    where nifty is likely to close in the month of december.


  2. SURESH Says:
    December 12th, 2011
    Posted at: 6:28 pm

    hi kartik,am holding HDIL at 64..Should i hold or exit with loss?


  3. CB Says:
    December 12th, 2011
    Posted at: 6:40 pm

    Hi JK, most welcome. on the upside seems to be facing resistance 4950-5000 levels.

    Hi phani, has strong support at 4700. if breaks it, can fall by another 150-180 points. if holds onto it, may continue to movein the 4700-4950 range

    Hi SURESH, does look a bit weak. would advice to exit 50% for now. can add again on dips.


  4. SURESH Says:
    December 12th, 2011
    Posted at: 6:41 pm

    thanks cb..how will market performs tomorrow?will it break 4700?


  5. JK Says:
    December 12th, 2011
    Posted at: 6:57 pm

    thank u
    master of masters


  6. Abdullah Says:
    December 12th, 2011
    Posted at: 7:12 pm

    Hi CB,Kartik, Good evening. How was your trading today?


  7. trade4444 Says:
    December 12th, 2011
    Posted at: 7:31 pm

    Dear CB / Karthik,

    Which would be better among the two- GVK Power or GMR Infra for a 5 year horizon ?


  8. ani Says:
    December 12th, 2011
    Posted at: 7:46 pm

    Hi CB,

    aare sir .....aaj aapko nahi mile....sir maine 2lot kharide diya hai 5000CE @37.30....ya batiye ki kaun se price pe chodna hai...


  9. CB Says:
    December 12th, 2011
    Posted at: 7:59 pm

    Hi JK, no.. thanks for your kind comments

    Hi SURESH, as of now seems like a flattish opening. but likely to break support of 4700 in coming days

    Hi Abdullah, Good evening.. did not do much really. holding aban for now

    Hi trade4444, go with GVK power for long term

    Hi ani, ok. hold it for now. keep sl at 4740. possible see a small bounce tomorrow. lets see how US markets close.


  10. YOGI Says:
    December 12th, 2011
    Posted at: 8:00 pm

    Hi CB,


  11. MUNISH Says:
    December 12th, 2011
    Posted at: 8:07 pm

    HI CB, I HAVE 150 SHARES OF HDIL @ 60.I HAVE SHORT TERM VIEW,WHAT IS UR ADVISE


  12. nithin2009 Says:
    December 12th, 2011
    Posted at: 8:32 pm

    cb..if i get jp aso @56 will it b a good price 2 hold 4 short term horizon of 1month....if so pls give short term tgt too....


  13. deepak Says:
    December 12th, 2011
    Posted at: 8:46 pm

    hi CB, after such a steep fall, can we expect any relief rally on the nifty ?


  14. CB Says:
    December 12th, 2011
    Posted at: 8:47 pm

    Hi YOGI, Good evening

    Hi MUNISH, if it breaks support at 59, would advice to exit 50% for now. shall add again on dips. in short term can test 68-70 if markets support

    Hi nithin2009, no, not yet. if breaks 59, will turn weak technically and could fall further.


  15. CB Says:
    December 12th, 2011
    Posted at: 8:48 pm

    Hi deepak, looking at global queues a good bounce seems unlikely. if we see a bounce, selling pressure is likely to come in again.


  16. Aslam Says:
    December 12th, 2011
    Posted at: 8:49 pm

    Hello CB Sir,
    Good Evening..
    I want to buy some share for long term for investment...plz tell me good scripts..
    Tnx

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