Quotes with Resistance & Support
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Intraday calls for 17-12-14

Posted on: December 17th, 2014 at 8:31 am

Markets likely to open flat. Support for nifty is at 8000 and resistance at 8150.

Sell GHCL 75, target: 71. Stoploss: 77 – (Book profit at 70.65)

1.03pm – Futures – Sell Kotak Mahindra Bank at 1247, target: 1220. Stoploss: 1260 – (Continue to hold Kotak Mahindra bank)

Thought for the day: You only have to do a very few things right in your life so long as you don’t do too many things wrong. – Warren Buffett

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278 Responses

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  1. subin Says:
    December 17th, 2014
    Posted at: 9:00 am

    Hi CB GM intraday level for jsw energy


  2. prajesh Says:
    December 17th, 2014
    Posted at: 9:01 am

    Gm CB
    Last couple of days lost more than 10k in drop on Ashok Leyland . ..what is your view now? Should I short on current price for intraday?


  3. CB Says:
    December 17th, 2014
    Posted at: 9:01 am

    Hi AJ, seems a bit unlikely

    Hi subin, can test 92. sl at 89


  4. Karan Sharma Says:
    December 17th, 2014
    Posted at: 9:01 am

    Hi CB,

    Can i sell Adani Power and Glenmark (Futures) @ CMP?


  5. CB Says:
    December 17th, 2014
    Posted at: 9:01 am

    Hi prajesh, sorry to hear that. hopefully will recover soon. yes, can sell below 45.5


  6. CB Says:
    December 17th, 2014
    Posted at: 9:02 am

    Hi Karan Sharma, can sell adani power for now


  7. prajesh Says:
    December 17th, 2014
    Posted at: 9:02 am

    Hi CB, forgot to ask you on Mastek target for intraday?


  8. Ezhil Says:
    December 17th, 2014
    Posted at: 9:03 am

    Thanks CB....what short term target I can expect with JPAssociates and Escorts within end of this month


  9. CB Says:
    December 17th, 2014
    Posted at: 9:04 am

    Hi prajesh, may remain a bit flat/ weak


  10. subin Says:
    December 17th, 2014
    Posted at: 9:04 am

    Thanks CB..


  11. SJMY Says:
    December 17th, 2014
    Posted at: 9:04 am

    sir, can indusind bank good for short today? target??


  12. CB Says:
    December 17th, 2014
    Posted at: 9:04 am

    Hi Ezhil, seems may continue to remain a bit flat/ weak as markets are seeing selling pressure. dont add more

    Hi subin, most welcome.


  13. vinay Says:
    December 17th, 2014
    Posted at: 9:05 am

    sir can i buy 480pe of tatamoter and relcap

    thanks


  14. Karan Sharma Says:
    December 17th, 2014
    Posted at: 9:05 am

    Hi CB,

    Can i sell UCO Bank and IDBI (Futures) @ CMP?


  15. CB Says:
    December 17th, 2014
    Posted at: 9:05 am

    Hi SJMY, can sell below support of 755

    Hi vinay, can go with tata motors for now


  16. CB Says:
    December 17th, 2014
    Posted at: 9:05 am

    Hi Karan Sharma, no, not sure yet.

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