Quotes with Resistance & Support
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Intraday calls for 19-12-11

Posted on: December 19th, 2011 at 8:27 am

Likely to open lower. Support for nifty is at 4630 and resistance at 4720

If markets show recovery later during the day, buy Aban Offshore above 337 with sl at 330

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429 Responses

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  1. richa Says:
    December 19th, 2011
    Posted at: 12:44 pm

    Hi Karthik..bharti bounced back from 321 to 344..whats ur view..i m short on it..

    thanks


  2. SAI Says:
    December 19th, 2011
    Posted at: 12:45 pm

    HI ABDULLAH ITS OK. WHR U ADV TO CLEAR THE CALL


  3. chetan Says:
    December 19th, 2011
    Posted at: 12:45 pm

    Kartik,

    i am holding PFC intraday at 140.5, do you see it going receover ? any target ?


  4. Kartik Says:
    December 19th, 2011
    Posted at: 12:46 pm

    Hi sohan, GA

    Hi Abdullah, Yes, waiting for Europe open open

    Hi chetan, can give a bounce upto 146, book it on rise


  5. Abdullah Says:
    December 19th, 2011
    Posted at: 12:47 pm

    Hi SAI, Around 4630-4640


  6. ani Says:
    December 19th, 2011
    Posted at: 12:49 pm

    Hi Kartik/CB,

    aare sir why the nifty is nt moving.....no upward or downtend movement.....holding a 4700Ce @72.80...elt me knw wat to do...

    regds


  7. SAI Says:
    December 19th, 2011
    Posted at: 12:49 pm

    HI Abdullah ok thanks.


  8. SURESH Says:
    December 19th, 2011
    Posted at: 12:49 pm

    thanks kartik..around which range will nifty bottoms out? will it hit 4200 in coming weeks?
    does panic selling is going on?


  9. Abdullah Says:
    December 19th, 2011
    Posted at: 12:51 pm

    Hi SAI, U r welcome, but also keep SL around 4550


  10. richa Says:
    December 19th, 2011
    Posted at: 12:51 pm

    Hi Kartik,
    u missed my query..please reply


  11. ravi Says:
    December 19th, 2011
    Posted at: 12:51 pm

    kartik, shall i go long in nifty ?


  12. sachin shukla Says:
    December 19th, 2011
    Posted at: 12:52 pm

    DRREDDY 1574 to 1589 Enjoyyyyyyyy ,Happy ??????


  13. Kartik Says:
    December 19th, 2011
    Posted at: 12:54 pm

    Hi ravi, wait for some time

    Hi richa, hold the short with a SL at 345 (resistnace)

    Hi SURESH, a small bounce can come in, overall we look weak

    Hi ani, seems to be waiting to see how Europe opens up, hold the CE for some more time


  14. ravi Says:
    December 19th, 2011
    Posted at: 12:59 pm

    ok kartik, is it possible market to drag down on europe market open.


  15. kumar Says:
    December 19th, 2011
    Posted at: 1:00 pm

    hi

    bought L&T @1100. what should i do now?


  16. subramani Says:
    December 19th, 2011
    Posted at: 1:01 pm

    Hi Kartik,
    I have Axis bank 1000ce and mini nifty 4900 call. I am in huge loss. what shall i do?

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