Quotes with Resistance & Support
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Intraday calls for 16-12-11

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

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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  1. RAJ DAMANI Says:
    December 16th, 2011
    Posted at: 2:14 pm

    hi cb holding axis fut @ 1045 sud i wait ??


  2. Chandan Says:
    December 16th, 2011
    Posted at: 2:14 pm

    Guys Please let me know will Axisbank come Up?


  3. Imran khan Says:
    December 16th, 2011
    Posted at: 2:15 pm

    Hi KB,

    What range nifty is trading ?


  4. Bubloo Says:
    December 16th, 2011
    Posted at: 2:18 pm

    Hi Mahe, Where are you tracking for US futures data...can you tell me the website?


  5. Mahe Says:
    December 16th, 2011
    Posted at: 2:20 pm

    Hi Bubloo,

    http://www.forexpros.com/indices/indices-futures


  6. Imran khan Says:
    December 16th, 2011
    Posted at: 2:21 pm

    Hi All,

    will nifty will close in red today?


  7. RAJ DAMANI Says:
    December 16th, 2011
    Posted at: 2:22 pm

    Hi Imran khan, definetly red


  8. SUTLEJ Says:
    December 16th, 2011
    Posted at: 2:23 pm

    @ Imran- NIFTY FUTURE:
    INTRADAY TREND :- 4750 IS CRUSIAL INTRADAY LAVEL.
    SUPPORT NEAR 4725 & 4700,4680. ON THE UPPER SIDE IT
    COULD
    TEST 4775 & 4810,4830.


  9. Kb Says:
    December 16th, 2011
    Posted at: 2:24 pm

    Check my post to cb at 12.17 & see banks now .. :DDD


  10. Imran khan Says:
    December 16th, 2011
    Posted at: 2:25 pm

    Thanks Sutlej,

    does europe market open positive or negative?

    i am holding put which is in my buying price now, should i hold it or exit from it on buying price no gain no loss


  11. Kb Says:
    December 16th, 2011
    Posted at: 2:26 pm

    oops that's in spam :PPP


  12. SAI Says:
    December 16th, 2011
    Posted at: 2:28 pm

    Hi at what level to clear pe


  13. Ravi Says:
    December 16th, 2011
    Posted at: 2:28 pm

    any one nifty support please


  14. SAI Says:
    December 16th, 2011
    Posted at: 2:29 pm

    Hi Kb at what level to cleAR PE


  15. RAJ DAMANI Says:
    December 16th, 2011
    Posted at: 2:29 pm

    Hi Kb, sir do you think axis vl recover soon ????


  16. SUTLEJ Says:
    December 16th, 2011
    Posted at: 2:33 pm

    AXIS BANK- a Bounce back should be posible, but, this stock in down trend now...

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