Intraday calls for 16-12-11

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Intraday calls for 16-12-11

Posted on: December 16th, 2011 at 8:16 am

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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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511 Responses

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CB Says:
December 16th, 2011
Posted at: 1:47 pm
Hi Akash, hopefully should by close.
Akash Says:
December 16th, 2011
Posted at: 1:48 pm
Hi CB, Ok. I have put sell order at 165. let's see. Also, what target we can expect in either Adani Power or Tata Power in 3-4 years. Can both see 4 digit in long term?
MUTHUKRISHNAN Says:
December 16th, 2011
Posted at: 1:48 pm
Hi CB, Thanks CB.....
CB Says:
December 16th, 2011
Posted at: 1:48 pm
Hi Akash, ok. yes, likely to do well in long term.
CB Says:
December 16th, 2011
Posted at: 1:49 pm
Hi MUTHUKRISHNAN, most welcome
Kb Says:
December 16th, 2011
Posted at: 1:49 pm
Hi CB, im back . . hey cb that post was cool :DDD
CB Says:
December 16th, 2011
Posted at: 1:49 pm
Hi Kb, :) which one?
CB Says:
December 16th, 2011
Posted at: 1:49 pm
ill be back in 1 hour
SAI Says:
December 16th, 2011
Posted at: 1:50 pm
Hi CB pls help at what level i hv to book if come up again. Even if its minor profit or loss ok My principal will be saved atleast
Riya Says:
December 16th, 2011
Posted at: 1:51 pm
@CB
Do u really thnk dt hindalco will reach 132 today..?????
SAI Says:
December 16th, 2011
Posted at: 1:51 pm
Hi Kb pls help by replying to my above query
Akash Says:
December 16th, 2011
Posted at: 1:51 pm
Hi CB, Which one? Adani Power or Tata Power? Which One I shud buy for long term?
Kb Says:
December 16th, 2011
Posted at: 1:51 pm
Hi CB, fb
Hi SAI, wht position u hav ?
Kb Says:
December 16th, 2011
Posted at: 1:54 pm
Hi SAI, guess its a call... keep stop 4780.. if holds below for some time exit
SAI Says:
December 16th, 2011
Posted at: 1:54 pm
Hi Kb 4800 pe & Nifty long.
SUTLEJ Says:
December 16th, 2011
Posted at: 1:55 pm
@ SAI- CLOSE UR POSITION....NIFTY WILL GOING DOWN.