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

Posted on: December 20th, 2012 at 8:07 am

Markets likely to open lower, support for Nifty at 5820 and resistance at 5960

Buy Asian Paints on dips

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400 Responses

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  1. cerulean Says:
    December 20th, 2012
    Posted at: 4:14 pm

    Hi SM, Hi SM, YES We will .. IT IS MY FAULT ... .There is one more data at 7PM ..That may bring crude down :P [This in truth is my fault ,] i should concentrate only on the charts .. Long way to go and not much patience to learn ...


  2. SM Says:
    December 20th, 2012
    Posted at: 4:16 pm

    Hi cerulean, I follow charts in Metastock. There volume has values. Doesn't your chart give values for volume?


  3. Palash Says:
    December 20th, 2012
    Posted at: 4:18 pm

    hi SM I HAD SELL CRUDE OIL @ 4935, PZ GIVE ME SUGGESTION


  4. SM Says:
    December 20th, 2012
    Posted at: 4:18 pm

    Hi cerulean, Dont worry, we will recover :)
    BTW, what is the data at 7pm?


  5. cerulean Says:
    December 20th, 2012
    Posted at: 4:19 pm

    Hi SM, just a mnt..


  6. SM Says:
    December 20th, 2012
    Posted at: 4:19 pm

    Hi Palash, Can keep the SL I mentioned to Cerulean...


  7. cerulean Says:
    December 20th, 2012
    Posted at: 4:20 pm

    US Gross Domestic Product Annualized and Initial Jobless Claims data at 7:00 PM (IST).
    US Existing Home Sales (MoM) and Leading Indicator (MoM) data at 8:30 PM (IST). The [Expected Impact on Price for these data are Neutral.]


  8. cerulean Says:
    December 20th, 2012
    Posted at: 4:23 pm

    oh.. I had company :p [thought i was the only bear] palash .. follow up on previous posts ..very well explianed..


  9. SM Says:
    December 20th, 2012
    Posted at: 4:24 pm

    Hi cerulean, Thanks a lot :)


  10. Palash Says:
    December 20th, 2012
    Posted at: 4:26 pm

    I DON'T HAVE KNOWLEDGEABLE OF COMMODITY, PLZ GUIDE ME


  11. cerulean Says:
    December 20th, 2012
    Posted at: 4:28 pm

    Hi SM, don't mention plz... Now the trend has changed isn't it ?while silver has turned weak..
    Are you in any trade ? CARRY ON..
    I am watching out on cardamom.. may enetr long in a dip around 950 ..sl 860..[closing basis]


  12. SM Says:
    December 20th, 2012
    Posted at: 4:34 pm

    Hi cerulean, No, not in any trade. Better not to go long in Crude now. Yes, Silver looks weak but near supp levels of 59500 on hourly charts. Yes, wait for a dip in Cardamom and better not to enter Cardamom today...


  13. SM Says:
    December 20th, 2012
    Posted at: 4:36 pm

    Hi cerulean, watch 4960 levels in Crude and see what happens. Precariously close


  14. CB Says:
    December 20th, 2012
    Posted at: 4:40 pm

    just came online.


  15. SM Says:
    December 20th, 2012
    Posted at: 4:41 pm

    Hi CB, Good afternoon, welcome back :)


  16. cerulean Says:
    December 20th, 2012
    Posted at: 4:41 pm

    Hi SM, OK.. won't eneter cardamom..YES 4960.. maybe taken out ... Why did you not enter long lower ..Wish you had ... Today is a final rally for a fibo riversal..[I guess]

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