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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Imran khan Says:
December 16th, 2011
Posted at: 2:57 pm
Hi KB,
Do you think market will do year end rally this year or not?
i am thinking may be market will rally till 4800 again before expire, what do you say?
SUTLEJ Says:
December 16th, 2011
Posted at: 2:59 pm
@ Imran- If Nifty Future close above 4720...then take call position...
@ MAHE- u r in deep trouble...
Kb Says:
December 16th, 2011
Posted at: 3:01 pm
Hi SAI, hmm.. .
Hi Imran khan, may not break low again .. but not sure yet. lets see
CB Says:
December 16th, 2011
Posted at: 3:01 pm
Hi Mahe, if possible enter a 190 put for now. quite a bit of selling pressure coming in
Hi DJ, yes, hold it
Hi Imran khan, no, dont enter a call yet
just came online.
CB Says:
December 16th, 2011
Posted at: 3:02 pm
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
Imran khan Says:
December 16th, 2011
Posted at: 3:04 pm
Thanks CB, KB, and Sutlej :)
we will wait till monday and then trade as per your suggestions, now i cleared all postional
:) but i am in profits
CB Says:
December 16th, 2011
Posted at: 3:04 pm
Hi Imran khan, :) nice to hear that.. yes, lets wait till monday
SAI Says:
December 16th, 2011
Posted at: 3:07 pm
Hi CB is the down line rally over. can we expect some short covering
SUTLEJ Says:
December 16th, 2011
Posted at: 3:07 pm
@ Imran- Well done.....Folow me in FB 'SATADRU PAL/NIFTY FUTURE TRENDS'....Best of Luck.
CB Says:
December 16th, 2011
Posted at: 3:07 pm
Hi SAI, seems unlikely.. broken 4680 after long tme. could fall further.
Lalith Says:
December 16th, 2011
Posted at: 3:08 pm
Hi CB, GA sir, you know why I have come ;-)
Kb Says:
December 16th, 2011
Posted at: 3:08 pm
Hi CB, u put my post about banks in spam.. :PP 12:17
CB Says:
December 16th, 2011
Posted at: 3:08 pm
Hi Lalith, :) yes..
Mahe Says:
December 16th, 2011
Posted at: 3:08 pm
Hi CB, Shall i book the loss ?? DLF is 194 now :(
test Says:
December 16th, 2011
Posted at: 3:09 pm
cb sir should i buy any banking shares
CB Says:
December 16th, 2011
Posted at: 3:09 pm
Hi Kb, noo.. all are approved? ill chk
Hi Mahe, yes. exit and enter a short. will help recover the loss by monday