Quotes with Resistance & Support
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Intraday calls for 21-12-11

Posted on: December 21st, 2011 at 8:30 am

Markets likely to open higher, resistance at 4680

Sell SAIL around 80, Target: 77, SL 82 (exit from short at 80.50)

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315 Responses

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  1. Akash Says:
    December 21st, 2011
    Posted at: 3:13 pm

    Hi Kartik, Looks like Nifty is very strong now and we may see 5200 level in 1-2 weeks. Shud I buy some low priced CE for Jan?


  2. Mohan Says:
    December 21st, 2011
    Posted at: 3:14 pm

    Hi Kartik, HOLDING idea bought @82.50..should i hold or exit?..pls suggest


  3. bipin Says:
    December 21st, 2011
    Posted at: 3:16 pm

    Hi Kartik, bought Sunpharma futures at 500,it did not participate in the upmove, should I hold it or book intraday?


  4. RAVS Says:
    December 21st, 2011
    Posted at: 3:16 pm

    Hi Kartik, Y the market rose, any specific reason


  5. nishant Says:
    December 21st, 2011
    Posted at: 3:17 pm

    CMP 362 STOP 355
    TARGET 390


  6. Adarsh Says:
    December 21st, 2011
    Posted at: 3:19 pm

    Hi CB,

    I hold 75 CE of rcom. Shall I exit now?


  7. ani Says:
    December 21st, 2011
    Posted at: 3:19 pm

    Hi Kartik,


    aar sir sold 1 lot @63...holding another lot @72 of 4700Ce...let me know wat to do.....

    will keep on trw...or sold it wid a short profit....


  8. jitendra Says:
    December 21st, 2011
    Posted at: 3:21 pm

    can i short on nifty ?


  9. SAI Says:
    December 21st, 2011
    Posted at: 3:21 pm

    Hi Kb thanks for Rel infra call


  10. Ravi Says:
    December 21st, 2011
    Posted at: 3:21 pm

    kartik sir, I am in huge loss in nifty put. 4500@50/- and 4600@98/-. almost 62000 loss. should i continue puts or exit now? please suggest me.


  11. rj Says:
    December 21st, 2011
    Posted at: 3:23 pm

    Hi nishant,

    which stock are u talking about ??


  12. Ravi Says:
    December 21st, 2011
    Posted at: 3:32 pm

    CB sir, I am in huge loss in nifty put. 4500@50/- and 4600@98/-. almost 62000 loss. should i continue puts or exit now? please suggest me.


  13. CB Says:
    December 21st, 2011
    Posted at: 3:36 pm

    sorry, just came online

    Hi Ravi, oh ok. yes, shall hold for now. nifty has resistance near 4750 levels.

    Hi jitendra, lets wait till tomorrow

    Hi ani, hold these. shall book near 4730-

    Hi Adarsh, hold it can head upto 70

    Hi RAVS, hope this helps: http://nseguide.com/market-news/global-markets-rally-on-german-data/


  14. RohitC Says:
    December 21st, 2011
    Posted at: 3:41 pm

    GE CB, what a great session this has been!!! +ve global cues and some short covering pulled the market from the lower levels. I think people those who were having short positions their SL must have triggered today. Shall we expect nifty to see 4780-4820 levels in short term?


  15. CB Says:
    December 21st, 2011
    Posted at: 3:41 pm

    Hi RohitC, yes..nifty has strong resistance in the 4700-4750 range. if manages to cross it, then could rally further..


  16. ravii Says:
    December 21st, 2011
    Posted at: 3:43 pm

    Hello CB,

    If global rose then tomorrow nifty can see 4750?

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