Quotes with Resistance & Support
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Intraday calls for 16-12-13

Posted on: December 16th, 2013 at 8:19 am

Markets likely to open flat. Support for nifty is at 6140 and resistance at 6250.

Buy Indian Hotels 53.70, target: 56.20. Stoploss: 52.20 – (Book profit in Indian hotels at 56)

Predict the closing of Nifty on Friday and win a cheque of a similar amount: Click here

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259 Responses

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  1. savi Says:
    December 16th, 2013
    Posted at: 10:52 am

    sir can i add beml at this time around 198-199


  2. CB Says:
    December 16th, 2013
    Posted at: 10:53 am

    Hi Ashish, no, looks strong

    Hi ganesh, no, looks weak

    Hi KUMAR, seems may remain a bit flat today

    Hi Palash, its a hold. can test 1110

    Hi KUMAR, most welcome

    Hi K M Chacko, not yet. looks a bit weak below 920

    Hi Murali, its a hold. can test 16 in near term.


  3. CB Says:
    December 16th, 2013
    Posted at: 10:53 am

    Hi savi, yes, can add few here


  4. Raj Says:
    December 16th, 2013
    Posted at: 10:56 am

    Sir , Hindalco , Jyothylab & Gail Target for today ..


  5. Raj Gupta Says:
    December 16th, 2013
    Posted at: 10:59 am

    CB Sir, i am holding 6300 CALL in very huge quantity at 75 Rs. now trading at 32 Rs. can it see my buying price at least ..please suggest sir. i m in big loss as holding huge quantity..more than 150 LOT...


  6. CB Says:
    December 16th, 2013
    Posted at: 11:01 am

    Hi Raj, hindalco may remain a bit weak. gail can test 338-339. jyothy around 189


  7. Murali Says:
    December 16th, 2013
    Posted at: 11:01 am

    Is amibroker is a free chart software and tell me whats the best chart software to use chart..

    How to identify to pick stock for long term say for 1 month..
    Which indicator is used to check.. I am new to stock market..


  8. Raj Says:
    December 16th, 2013
    Posted at: 11:02 am

    Sir Jyothy Lab from 200 came down will it touch 200 in coming 2 weeks


  9. CB Says:
    December 16th, 2013
    Posted at: 11:04 am

    Hi Raj Gupta, nifty does have strong support at 6140 levels. possible sees some bounce from here. its a hold for now

    Hi Murali, no, its a paid software for live charts. for trading/ short term look for stocks making fresh 6-9 month highs with more than avg volumes

    Hi Raj, yes, looks good


  10. Raj Says:
    December 16th, 2013
    Posted at: 11:05 am

    Thanks Sir


  11. CB Says:
    December 16th, 2013
    Posted at: 11:07 am

    Hi Raj, most welcome.


  12. SS Says:
    December 16th, 2013
    Posted at: 11:08 am

    Hi CB, Can we see some recovery in Tisco ? Tgt ?


  13. Ezhil Says:
    December 16th, 2013
    Posted at: 11:09 am

    Hello CB,

    I have Bank Of India @ 238, Dena Bank @ 60.5 and Jindal Steel @ 268...Will these stocks come up to that point in a month....

    Regards,
    Ezhil


  14. CB Says:
    December 16th, 2013
    Posted at: 11:11 am

    Hi SS, its seeing some profit booking. may consolidate for few days before moving higher

    Hi Ezhil, yes, these are a hold for short term. dont add more of these yet

    Hi Murali, hold for 3-4 weeks.


  15. Ezhil Says:
    December 16th, 2013
    Posted at: 11:12 am

    Thanks CB, hope I will come out from these loss very soon....

    Also, I have Jet Airways @295. What will be the target for a month or two from now? Will it reach 320+...


  16. Varun Says:
    December 16th, 2013
    Posted at: 11:13 am

    Hi CB sir, i bought India Hotels 1000 @ 54.4, is it hold or sell for a loss!!?

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