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

Posted on: December 21st, 2012 at 8:27 am

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

Buy Wheels India around 842, Target: 860, SL 832 – (Book profits in Wheels India at 862)
Buy Den Networks around 205, Target: 211, SL 201 – (Continue to hold Den network for 1-2 days if possible.)

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443 Responses

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  1. Vijayk Says:
    December 21st, 2012
    Posted at: 1:49 pm

    Jpasso...back above support level...this time at least it she runup till107/109


  2. YOGI Says:
    December 21st, 2012
    Posted at: 1:50 pm

    Hi kb trader, Y Doc what's the reason


  3. kb trader Says:
    December 21st, 2012
    Posted at: 1:55 pm

    Hi YOGI, hmm.. dat looks good..

    Hi SM, might get a minor bounce too.. i guess..


  4. SM Says:
    December 21st, 2012
    Posted at: 1:59 pm

    Hi kb trader, Yes, but my trade was against the trend... will not carry overnight... got an opportunity to Fade...took it... booked 9 points. Was a very high risk trade :)


  5. kb trader Says:
    December 21st, 2012
    Posted at: 2:01 pm

    Hi SM, hmm.. might get 20/30 point bounce today itself.. ltc


  6. YOGI Says:
    December 21st, 2012
    Posted at: 2:02 pm

    Hi kb trader, yes doc,actually i missed a posting due to conectivity prob....can bank short earned 3000 in an hour( made at 485.50)


  7. SM Says:
    December 21st, 2012
    Posted at: 2:03 pm

    Hi kb trader, Another 2 Fading opportunities in Nifty and Aban as of now. But I may not enter and just watch. Lets see what happens :)


  8. kb trader Says:
    December 21st, 2012
    Posted at: 2:04 pm

    Hi YOGI, hmm.. cool ..


  9. prm Says:
    December 21st, 2012
    Posted at: 2:05 pm

    Cb Sir, Can I enter in Tata motor & Jindal Sell at cmp. & What about den network


  10. SM Says:
    December 21st, 2012
    Posted at: 2:06 pm

    Hi YOGI, Good short in Can bank. Was it done yesterday or today?


  11. Indu Says:
    December 21st, 2012
    Posted at: 2:06 pm

    HI Kb Trader, SM, Yogi,

    Do you see a further drop in Nifty by eod?

    Thanks,
    Indu


  12. kb trader Says:
    December 21st, 2012
    Posted at: 2:07 pm

    Hi SM, hmm.. using bolinger rite ..


  13. Palash Says:
    December 21st, 2012
    Posted at: 2:07 pm

    what the possition of tatasteel now , plz


  14. rajesh Says:
    December 21st, 2012
    Posted at: 2:08 pm

    Hi Yogi,

    Is idea target of 105 by Expiry ?


  15. SM Says:
    December 21st, 2012
    Posted at: 2:09 pm

    Hi Indu, Possible if 5869 breaks comprehensibly in Nifty Fut. Major supp lower at 5860. Once that is taken out could see further fall. Now whether 5860 will be taken out today itself or any other day, is anybody's guess. All Fut levels...


  16. YOGI Says:
    December 21st, 2012
    Posted at: 2:10 pm

    Hi SM, today bro, i think around 11.20 r 30

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