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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: 5678910111213Show all

  1. Imran Khan Says:
    December 20th, 2011
    Posted at: 10:37 am

    Hi CB,

    I brought 4700 call @ 51, and 4600 Put @91.70,

    can you please suggest what levels should i exit long and shorts?


  2. CB Says:
    December 20th, 2011
    Posted at: 10:39 am

    Hi CA.Tejas, Good morning..

    Hi Imran Khan, hold the call for now with sl at 4580. put is a hold with sl at 4620


  3. SAI Says:
    December 20th, 2011
    Posted at: 10:39 am

    HI Kb Good Morning. ok will do thanks.


  4. Imran Khan Says:
    December 20th, 2011
    Posted at: 10:39 am

    oh ok thanks CB


  5. SS Says:
    December 20th, 2011
    Posted at: 10:40 am

    Hi CB,
    Good Morning, Lost in kotak short and now loosing in long.... :o(

    Should I hold long or book loss ?


  6. sohan Says:
    December 20th, 2011
    Posted at: 10:40 am

    Hello CB,

    Please give your view on Mercator.

    Do you think there could be a bounce today ?

    Sohan


  7. CB Says:
    December 20th, 2011
    Posted at: 10:41 am

    Hi Imran Khan, most welcome

    Hi SS, Good morning. hold it. does look weak. can test 440-444.

    Hi sohan, its in a downtrend. don't enter it yet.


  8. Kb Trader Says:
    December 20th, 2011
    Posted at: 10:43 am

    Sell Federal Bank .. Stop 360 .. Target > keep as far as trading below stop & bag as much as u can :D


  9. Bipin Says:
    December 20th, 2011
    Posted at: 10:43 am

    Hi CB, what is the next support intraday after 4580?Nifty spot


  10. Akash Says:
    December 20th, 2011
    Posted at: 10:43 am

    Hi CB, In case if I need to buy best stock in Power, which is the best one for ling term? Kalpataru Power, KEC or Adani or tata Power?


  11. CA.Tejas Says:
    December 20th, 2011
    Posted at: 10:44 am

    Hi CB, What is the support for balmer & lawrie... I m holding at 542....20 shares.... should i add more or wait


  12. CB Says:
    December 20th, 2011
    Posted at: 10:44 am

    Hi Kb Trader, thanks

    Hi Bipin, its near 4550 (yesterday's low)


  13. Bubloo Says:
    December 20th, 2011
    Posted at: 10:45 am

    Hi CB, I can go and buy NIFTY 4600 CE at CMP...with SL 4560...Please suggest


  14. CB Says:
    December 20th, 2011
    Posted at: 10:45 am

    Hi Akash, go with kec on dips

    Hi CA.Tejas, don't add more of it yet. add if dips near 460


  15. Akash Says:
    December 20th, 2011
    Posted at: 10:45 am

    Hi CB, Or shud we stick with Sunil Hitech?


  16. CB Says:
    December 20th, 2011
    Posted at: 10:46 am

    Hi Bubloo, no, not yet. let nifty cross 4600

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