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. Kartik Says:
    December 16th, 2011
    Posted at: 9:16 am

    Hi Akash, no, dont enter now


  2. Sourabh Says:
    December 16th, 2011
    Posted at: 9:17 am

    Should i SHort SBIN for intrday...@1767 for small gain


  3. dak Says:
    December 16th, 2011
    Posted at: 9:17 am

    Kartik, GM. can i short tcs today ? (rupee improving)


  4. Akash Says:
    December 16th, 2011
    Posted at: 9:18 am

    Hi Kartik, Already bought at 164. Wht to do now? Now at 161+ :( Hod or not?


  5. Akash Says:
    December 16th, 2011
    Posted at: 9:19 am

    Hi Kartik, Now at 160+. Shud I avrg for 1 rs. and then sell around 165 again if it can see :(


  6. Kartik Says:
    December 16th, 2011
    Posted at: 9:19 am

    Hi Akash, ok, hold for some time

    Hi dak, no, dont go short on I.T stocks

    Hi Sourabh, avoid going short today ahead of the RBI meet


  7. preeti Says:
    December 16th, 2011
    Posted at: 9:19 am

    i am holding nifty long . when should i exit could you please provide me the target


  8. amit togare Says:
    December 16th, 2011
    Posted at: 9:19 am

    JYOTI LAB OPEN HIGHER YAR


  9. V8 Says:
    December 16th, 2011
    Posted at: 9:19 am

    Hi Kartik, holding nifty Fut ! where to cover ?? pls tell me ???


  10. Naren Says:
    December 16th, 2011
    Posted at: 9:19 am

    Hi Kartik,

    Power grid and coal india targer for intra day.

    thanks


  11. Akash Says:
    December 16th, 2011
    Posted at: 9:20 am

    Hi Kartik, Ok. Shud I put sell order at 165 :(


  12. shiva Says:
    December 16th, 2011
    Posted at: 9:20 am

    stoploss for JSW ?


  13. ROHIT Says:
    December 16th, 2011
    Posted at: 9:21 am

    Hi Kartik, GM SIR, CAN I BUY TATAPOWER/DISTV/JP INTRADAY, PL. ADVICE ME


  14. Akash Says:
    December 16th, 2011
    Posted at: 9:22 am

    Hi Kartik, I don't have further margin to buy any more and avrg. Will it see 165 or not? :(


  15. dak Says:
    December 16th, 2011
    Posted at: 9:23 am

    Ok. Kartik, what about reliance today ? what levels can it show ? and can I short tata motors?


  16. amit togare Says:
    December 16th, 2011
    Posted at: 9:24 am

    CAN I GO FOR TATA POWER

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