Quotes with Resistance & Support
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Intraday calls for 20-12-11

Posted on: December 20th, 2011 at 8:26 am

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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406 Responses

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Comment pages: 181920212223242526Show all

  1. DJ Says:
    December 20th, 2011
    Posted at: 11:01 pm

    Kartik
    where upto titan can go on a short covering rally ?


  2. Abdullah Says:
    December 20th, 2011
    Posted at: 11:08 pm

    Hi Kartik, most welcome :)
    Hi SB, GE. My bet would be on Axis Bank, M&M, Sun Pharma, ITC
    Hi DJ, GE. Yes, fell with the market. 2.66% down in NSE


  3. sohan Says:
    December 20th, 2011
    Posted at: 11:11 pm

    Hello CB / Kartik / Abdullah / DJ,

    With news of Europe and U and with the news on spain,

    What would be opening of indian markets tommorow.

    sohan


  4. sohan Says:
    December 20th, 2011
    Posted at: 11:13 pm

    Hello,

    can we link thru facebook?

    sohan


  5. sohan Says:
    December 20th, 2011
    Posted at: 11:15 pm

    Hello,

    can we expect year end rally ?

    sohan


  6. Abdullah Says:
    December 20th, 2011
    Posted at: 11:26 pm

    Hi sohan, We may see a upmove tomorrow considering positive news flows from USA, Europe and Spain in particular. The picture will be more clear once Far East Asia starts trading and we will also take cues from SGX Nifty. Till then its anybody's guess. Also, I believe, purchasing Spanish short term T-Bills by the ECB is a desperate effort to give some sort of stability. The mid to long term story still sounds pathetic


  7. arun bj Says:
    December 20th, 2011
    Posted at: 11:38 pm

    hi cb good evening i stuck with bata call 580 i bought it yesterday when bata traded 500 level . today it went up 6 5 my call price not moving can i hold or exit please suggest me


  8. Abdullah Says:
    December 20th, 2011
    Posted at: 11:42 pm

    no links posted but still i am in spam :(


  9. DJ Says:
    December 21st, 2011
    Posted at: 12:03 am

    Abdul,u didnt reply me either on fb or in nseguide.Angry,boss?


  10. Abdullah Says:
    December 21st, 2011
    Posted at: 12:08 am

    Hi DJ, no yaar. replied in nseguide. went to spam. did not check fb :)


  11. DJ Says:
    December 21st, 2011
    Posted at: 12:14 am

    Abdul...tmrw an express train wil be derailed near abt 10:40 am on nifty...laal salam laal salam


  12. DJ Says:
    December 21st, 2011
    Posted at: 12:19 am

    Abdul,exclnt post of urs @11:26pm


  13. CB Says:
    December 21st, 2011
    Posted at: 12:20 am

    Hi cvrprakash, hold these.if possible hedge with a 4600 call at opening.. nifty is likely to face selling pressure again on rise above 4600

    Hi DJ, can add 5-7%

    Hi sohan, yes, seems may open 50-60 points higher on nifty.. some news of european worries easing

    Hi sohan, We do have a nseguide page on fb

    Hi arun bj, yes, possible see some upmove tomorrow. hold it for now. keep sl at 525

    Hi Abdullah, approved all


  14. Abdullah Says:
    December 21st, 2011
    Posted at: 12:31 am

    Hi DJ, Thanks. BTW whats this 10:40 am story? Visited fb


  15. Abdullah Says:
    December 21st, 2011
    Posted at: 12:33 am

    Hi CB, GE. Thanks a lot 4 approving my posts :)


  16. DJ Says:
    December 21st, 2011
    Posted at: 12:37 am

    Abdul...till 10:39 the so called bullish move will continue on nifty and then the reverse journey will start bro.
    longs will be trapped again.btw,nice cmnts on fb

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