Quotes with Resistance & Support
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Intraday calls for 17-12-15

Posted on: December 17th, 2015 at 8:26 am

Markets likely to open higher. Support for Nifty is at 7680 and resistance at 7820. Bank Nifty has support at 16300 and resistance at 16800.

No pre-market call for today.

1.34pm – Buy Tata motors at 380.20, target: 390. Stoploss: 376 – (Book profit in Tata motors at 383.75)

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173 Responses

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  1. Kartik Says:
    December 17th, 2015
    Posted at: 8:58 am

    Hi Praveen Sharma, these are going a bit weak. best to wait for some more time.

    Hi Shani, its looking weak below 91. avoid for now

    Hi Hemanth, most welcome. its in a downtrend. above 232 can see some more upmove.


  2. Vijayk Says:
    December 17th, 2015
    Posted at: 8:59 am

    Thanks Kartik


  3. Kartik Says:
    December 17th, 2015
    Posted at: 8:59 am

    Hi Ravi, maruti can test 4660. ril around 990. yesbank may remain a bit flat/ weak


  4. Kartik Says:
    December 17th, 2015
    Posted at: 8:59 am

    Hi Vijayk, most welcome.


  5. chirag narsana Says:
    December 17th, 2015
    Posted at: 8:59 am

    Sir whats your view on Intellect. Will it touch its upper Circuit Limit.


  6. AJ Says:
    December 17th, 2015
    Posted at: 9:01 am

    how do you see LOVABLE on charts?
    Is it fundamentally good? not moving past 280 for long time now


  7. Kartik Says:
    December 17th, 2015
    Posted at: 9:02 am

    Hi chirag narsana, it can test 285 in near term. not sure of it hitting a circuit yet


  8. ruchit Says:
    December 17th, 2015
    Posted at: 9:02 am

    Good Morning!

    What do you think of Granules india and Aegischem for long term?


  9. Kartik Says:
    December 17th, 2015
    Posted at: 9:02 am

    Hi AJ, yes, facing strong resistance at 275 levels. a close above this can take it higher.


  10. Kartik Says:
    December 17th, 2015
    Posted at: 9:03 am

    Hi ruchit, Good morning. granules has already rallied quite a bit. not sure of entering it yet. aegis can be added in small quantities.


  11. Ram Says:
    December 17th, 2015
    Posted at: 9:03 am

    Hi Kartik, What will be the target for CAIRN today. I am Holding the call options from yesterday.


  12. RABI Says:
    December 17th, 2015
    Posted at: 9:04 am

    GOOD MORNING CB SIR AND KARTIK SIR, LAST 2DAYS AGO I HAVE BOUGHT NATURAL GAS @126, PLS ADVIVE ME WHAT TO DO? HAVE A CHANCE ARE , GET PROFIT BEFORE EXPIRE ?


  13. Kartik Says:
    December 17th, 2015
    Posted at: 9:04 am

    Hi RABI, Good morning. no, not really sure about commodities

    Hi Ram, can test 135 it seems.


  14. senthilkumar Says:
    December 17th, 2015
    Posted at: 9:05 am

    hi Good Morning.. Pls adv TGT and SL for JSWsteel, Sun Pharma and union bank


  15. Kartik Says:
    December 17th, 2015
    Posted at: 9:05 am

    Hi senthilkumar, Good morning. jsw can test 1050. sun pharma can test 792. not sure of union bank yet


  16. Bhushan Says:
    December 17th, 2015
    Posted at: 9:07 am

    hello, can i enter geometric today? and how does kanoria look? thank u

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