Intraday calls for 19-12-11

Quotes with Resistance & Support

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Intraday calls for 19-12-11

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

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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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DJ Says:
December 20th, 2011
Posted at: 12:15 am
Abdul,i know technicalls begin with "T",i dont know more than this boss.what i am seeing that there is nothing good left in the mkt globally also.so mkts have only one place to go---Down
Abdullah Says:
December 20th, 2011
Posted at: 12:21 am
Hi DJ, Come on, Im no technical guru. What I meant was dont short a2z first thing in the morning. Lets give 1 more day to a2z and see where it goes. The strange thing with markets, as you know, is that when everybody says it should go down, it has an uncanny way of going up and proving everybody wrong :D
DJ Says:
December 20th, 2011
Posted at: 12:25 am
Abdul,very true that mkts behave unexpected.that 2:20 pm factor of today also lies in the same line.a bear attack gives a symptom that things r becoming normal and a bullish or upmove is on the cards.and when longs get created The Bear attacks.so tmrw we may open flat or may go a bit higher but the bear is around
DJ Says:
December 20th, 2011
Posted at: 12:29 am
Snp has bounced from its crucial support of 1209,Once it gets broken it will fall to 1150 levels.
then think abt the global mkts
Abdullah Says:
December 20th, 2011
Posted at: 12:30 am
Hi DJ, Yes, true. On every rise there will be selling pressure till markets settle :)
airbites Says:
December 20th, 2011
Posted at: 12:32 am
Hi Abdullah,
Hi Kartik,
Thx guyz for replies
Abdullah Says:
December 20th, 2011
Posted at: 12:33 am
Hi DJ, Hmmm... just saw snp
Abdullah Says:
December 20th, 2011
Posted at: 12:35 am
Hi airbites, You are most welcome :)
DJ Says:
December 20th, 2011
Posted at: 12:41 am
Abdul,choli bhai.good day boss
Abdullah Says:
December 20th, 2011
Posted at: 12:42 am
Hi DJ, Amakeo jete hobe ghumote. Shubhoratri :)
Abdullah Says:
December 20th, 2011
Posted at: 12:43 am
Hi Kartik, CB, airbites, Good night :)
CB Says:
December 20th, 2011
Posted at: 1:07 am
Hi arun bj, tata motors can be bought if markets improve
Hi DJ, no,dont enter bharti yet
Hi Abdullah, Good ngiht.
DJ Says:
December 20th, 2011
Posted at: 1:22 am
Thx Cb
in that case can i short bharti if it goes around 347-50 levels
vipul Says:
December 20th, 2011
Posted at: 1:38 am
cb sir,
on what basis u buy nifty call or put.
one more thing how do u exactly determine intraday values of stock.i have seen most of the time they r exact?
CB Says:
December 20th, 2011
Posted at: 2:34 am
Hi DJ, yes
Hi vipul, its usually given on nifty support/resistance levels.. you can download an ebook from here.. it will help you understand technicals better: http://www.mediafire.com/?2paeoqo6u6hsj4t