Intraday calls for 16-12-11
Markets likely to open flat, support for Nifty at 4680
Buy Jyothy Laboratories at 158, Target: 163, SL 154
To view technical analysis of DLF, IDFC, JSW Steel & Nifty – Click here.
3.00pm – Nifty has broken strong support at 4680. Avoid fresh longs for now. Technically Nifty can head lower to 4550 in coming days with strong resistance now at 4720
3.11pm – Book profit in JSW short at 504
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Sourabh Says:
December 16th, 2011
Posted at: 1:36 pm
Hi Sachin Shukla...
where you post call?
subramani Says:
December 16th, 2011
Posted at: 1:36 pm
Hi i have axisbank 1000ce. what shall i do?
rpq Says:
December 16th, 2011
Posted at: 1:36 pm
hi nifty increasing with open intersest what it ment?
CB Says:
December 16th, 2011
Posted at: 1:37 pm
Hi Riya, book near 132
Hi nishant, around 132
Hi Ajay, most welcome
Hi akr19, not really sure what is wrong with it. seems may take a while to recover
Hi vishal, can short near 760-765
Hi MUTHUKRISHNAN, yes, hold it. keep sl at 930. can expect a bounce upto 960
Hi Ragu, can see 125 today
Hi Ravi, yes, hold it for 2-3 days. likely to see some downside.
akr19 Says:
December 16th, 2011
Posted at: 1:37 pm
hi. CB. what problem in ARSS infra ihold At @200
CB Says:
December 16th, 2011
Posted at: 1:38 pm
Hi subramani, hold with sl at 930 for now
Hi rpq, likely to see an upmove. hope this helps: http://nseguide.com/what-is-open-interest/ . at the bottom is a table which will help you understand.
CB Says:
December 16th, 2011
Posted at: 1:39 pm
Hi akr19, not really sure what is wrong with it. seems may take a while to recover
Akash Says:
December 16th, 2011
Posted at: 1:41 pm
Hi CB, Jyothy Lab is down badly and not even crossing above 160. Shud I buy Cox & Kings to cover loss if it can see 20% circuit. Already 18 Rs. up. Can we expect another 10-12 Rs. jump in C&K
MUTHUKRISHNAN Says:
December 16th, 2011
Posted at: 1:42 pm
Hi CB, Hello CB, i am not asking for intra day.... If I hold till expiry can it goes to 1020-1030 levels keeping SL@ 930,,, sir... Please advice me....
Riya Says:
December 16th, 2011
Posted at: 1:42 pm
@CB
i put limit price 132.....if it will be executed then i will be very gr8ful and thank ful to u because it will be my 1st trade in whc i mad sum profit......
thx alot
CB Says:
December 16th, 2011
Posted at: 1:44 pm
Hi Akash, hold it for some more time.
Hi MUTHUKRISHNAN, yes, keep sl. if markets do manage to recover a bit, can see 1000 again
Hi Riya, :) lets hope for the best.
SAI Says:
December 16th, 2011
Posted at: 1:45 pm
HI CB GA Missed the chance to book in 4800 ce as gone for urgent meeting. pls adv wl nifty come up again or shall i book loss at cmp
CB Says:
December 16th, 2011
Posted at: 1:45 pm
Hi SAI, oh ok. hold with sl at 4770 for now.
Riya Says:
December 16th, 2011
Posted at: 1:46 pm
@CB
Ary m worrying much......bt still thnx....!!!!!!!
Akash Says:
December 16th, 2011
Posted at: 1:46 pm
Hi CB, Ok. But it is badly down and I don't think it can see 164 level again. :(
CB Says:
December 16th, 2011
Posted at: 1:46 pm
Hi Riya, yes, markets are very volatile.