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. sona Says:
    December 16th, 2011
    Posted at: 9:25 am

    sir i m holding nifty pe . should i hold it or sell ?


  2. kaustabh Says:
    December 16th, 2011
    Posted at: 9:26 am

    resistance of Nifty ???


  3. SUTLEJ Says:
    December 16th, 2011
    Posted at: 9:32 am

    @ sona....If Nifty future close above 4850, then close ur PE position.


  4. SAI Says:
    December 16th, 2011
    Posted at: 9:33 am

    HI CB / KB / KARTIK GOOD MORNING


  5. SUTLEJ Says:
    December 16th, 2011
    Posted at: 9:36 am

    @ kaustabh.......Intraday nifty Future Above 4775 Resis: 4810, 4830, & 4855.


  6. sachin shukla Says:
    December 16th, 2011
    Posted at: 9:36 am

    Friends Today RBI Meeting .....Stay Lite in MKT till it come out .... EXpected at 11 am to 11.30 am ......today is very IMP day for next MKT movement >>>>>>>>>


  7. Kb Says:
    December 16th, 2011
    Posted at: 9:42 am

    Hi SAI, GOOD MORNING


  8. Kb Says:
    December 16th, 2011
    Posted at: 9:43 am

    Hi sachin shukla, thanks for the update.


  9. gayaram Says:
    December 16th, 2011
    Posted at: 9:47 am

  10. suman Says:
    December 16th, 2011
    Posted at: 9:48 am

    Hi kartik,

    I am holding... 499ce @85/-
    at what level do u sugget to exit...

    Also any idea at what time RBI credit policy is going to announce....??


  11. SAI Says:
    December 16th, 2011
    Posted at: 9:48 am

    HI Kb HOLDING 4800 BOUGHT @ 100 WHR TO CLEAR


  12. sachin shukla Says:
    December 16th, 2011
    Posted at: 9:54 am

    most well come


  13. Kb Says:
    December 16th, 2011
    Posted at: 9:54 am

    Hi SAI, book half and hold other with stop of 4780.. tuff to stay at higher, but still can try with a stop


  14. sam Says:
    December 16th, 2011
    Posted at: 9:55 am

    Sir am holding 32 shares of indiabulls real estate for a long time and what should i do now as the company has announced buy back, please help me. Thank you


  15. gany Says:
    December 16th, 2011
    Posted at: 9:56 am

    hi karthik gm. Any clue why Bartronics loosing 20%? Time to enter the counter?


  16. Kb Says:
    December 16th, 2011
    Posted at: 9:56 am

    Hi gayaram, GM

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