Quotes with Resistance & Support
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Intraday calls for 12-12-14

Posted on: December 12th, 2014 at 8:28 am

Markets likely to open flat. Support for nifty is at 8280 and resistance at 8350

Sell India Cements at 83.40, target: 80.50. Stoploss: 85 – (Book profit in India cements at 81.50)

Thought for the day: The market does not trade upon what everybody knows, but upon what those with the best information can foresee. (William Hamilton)

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290 Responses

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  1. rajeev Says:
    December 12th, 2014
    Posted at: 2:49 pm

    Hi CB,
    Is Tatasteel going to fall further. I'm worried as I'm holding 400 @440.


  2. Jayant Says:
    December 12th, 2014
    Posted at: 2:50 pm

    Hi CB, Thanks, booked 75% of BN at 18360. Holding rest with a SL of 18450 for a target of 18320


  3. CB Says:
    December 12th, 2014
    Posted at: 2:50 pm

    Hi rajasekar, these are a hold for now

    Hi rajeev, yes. may have to add few more once markets settle. hold for now. hedge with a 400pe if possible.


  4. CB Says:
    December 12th, 2014
    Posted at: 2:51 pm

    Hi Jayant, ok. yes, lets hold.


  5. Karan Sharma Says:
    December 12th, 2014
    Posted at: 2:51 pm

    Hi CB,

    Can i buy Ashok Leyland (Futures) @ CMP?


  6. rajasekar Says:
    December 12th, 2014
    Posted at: 2:52 pm

    Hi CB, sir, can i enter tatasteel 400pe today


  7. Prince Mayank Says:
    December 12th, 2014
    Posted at: 2:52 pm

    Hi CB, can it recover back ???


  8. CB Says:
    December 12th, 2014
    Posted at: 2:53 pm

    Hi Karan Sharma, no, not yet

    Hi rajasekar, yes.


  9. CB Says:
    December 12th, 2014
    Posted at: 2:53 pm

    Hi Prince Mayank, yes, may take some time.


  10. Sharath Says:
    December 12th, 2014
    Posted at: 2:56 pm

    Hi CB, will nifty go below 8200...


  11. CB Says:
    December 12th, 2014
    Posted at: 2:57 pm

    Hi Sharath, yes, likely to


  12. subin Says:
    December 12th, 2014
    Posted at: 2:59 pm

    Hi CB can see nifty recover monday if CPI and IIP positive ?


  13. CB Says:
    December 12th, 2014
    Posted at: 3:00 pm

    Hi subin, seems a bit unlikely. cannot really be sure yet though


  14. rajasekar Says:
    December 12th, 2014
    Posted at: 3:02 pm

    Hi CB, i entered today as you told tatasteel [email protected] what is the target to book profit


  15. prodip Says:
    December 12th, 2014
    Posted at: 3:05 pm

    hello sir m holding relcap 560 ce, do i hold continue or exit...


  16. CB Says:
    December 12th, 2014
    Posted at: 3:06 pm

    Hi prodip, exit if breaks 520

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