Intraday calls for 20-12-11
Markets likely to open flat, Support for nifty is at 4550 and resistance at 4680
Sell Jaiprakash Associates at 58.60, Target: 56, SL 61 – (book profit at 55)
11.50am – Buy 4600 call at 95.50, target: 110. Stoploss: 4580 (cash) – (sl triggered)
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Deepak Bedi Says:
December 20th, 2011
Posted at: 8:32 pm
Hi CB... I forgot to mention I'm holding a long position... :)
Sahil Says:
December 20th, 2011
Posted at: 8:35 pm
Hi CB,
Thanks for your advices..
What can be good shorts for tomorrow?
How about shorting GMR? Risk seems high but profit can worth the risk.. What say?
CB Says:
December 20th, 2011
Posted at: 8:38 pm
Hi DJ, yes, on rise one can short these
Hi amit, yes, these are seeing selling pressure along with the markets. fundamentally these are sound bets. once markets improve, will recover back. hold for now
Hi tarun, large caps are likely to bounce back first.. stocks like LT, Reliance, axis bank
Hi Deepak Bedi, yes, tomorrow on a bounce one can book in it.. can add 70-80 points tomorrow.
CB Says:
December 20th, 2011
Posted at: 8:39 pm
Hi Sahil, most welcome. gmr is finding some support near 18 levels. don't go short on it yet. on rise can short hindalco or dlf.
Sahil Says:
December 20th, 2011
Posted at: 8:41 pm
Thanks.. Made some small, though quick profits on DLF today.. It's already on list.. What can be a good price to short DLF? 187-189? It looks like if market opens in red, it will fall below 181..
Will go thru Hindalco now..
rahul Says:
December 20th, 2011
Posted at: 8:45 pm
US n Europe on fire....hope our markets too bounce back in a big way tomorrow...
Bipin Says:
December 20th, 2011
Posted at: 8:45 pm
Hi CB, is there any website which gives intraday support and resistance for futures?
CB Says:
December 20th, 2011
Posted at: 8:59 pm
Hi Sahil, nice to hear that.. yes, can go short near 190-191
Hi rahul, yes, likely to open a bit higher it seems
Hi Bipin, no.. not sure of any.. you could check for their intraday pivot levels here.. can apply same to futures too. http://nseguide.com/stock.php?RELIANCE
Bipin Says:
December 20th, 2011
Posted at: 9:03 pm
Ok Thanks Cb.
CB Says:
December 20th, 2011
Posted at: 9:05 pm
Hi Bipin, most welcome.
DJ Says:
December 20th, 2011
Posted at: 9:07 pm
Thx buddy
what abt jp after a gap up opening can i go short on it?
CB Says:
December 20th, 2011
Posted at: 9:11 pm
Hi DJ, yes, does look weak below 59
sujoy chakraborty Says:
December 20th, 2011
Posted at: 9:12 pm
hi CB Sir, I think there will be the expiry of dow Jones future and others i.e 20-12-11 in american market and that's why the uptrend is showing..........
ani Says:
December 20th, 2011
Posted at: 9:43 pm
Hi CB,
aare sir why the market is falling down......the US market seems in gud news......holding 2 lots [email protected] nw [email protected] suggest shld i book with a rise of 30-40 points in nifty tmrw......or will wait....ny chance the nifty will touch 4580....
sir....another question...whethr we can sell our nifty at the pre open market....
CB Says:
December 20th, 2011
Posted at: 9:53 pm
Hi sujoy chakraborty, its possible.. also saw this news: http://finance.yahoo.com/news/futures-higher-solid-spain-auction-123738548.html
Hi ani, yes, hold these. possible see a gap up opening tomorrow. hold it. can test 4600-4620 if global markets support. keep sl at 4530
sudhir Says:
December 20th, 2011
Posted at: 9:55 pm
Hi CB,
if i buy any script from future market is this possible to sell that in stock market,
plz explain what are the condition required for this .