Intraday calls for 21-12-12

Quotes with Resistance & Support

Market Information

Intraday calls for 21-12-12

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

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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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Comment pages: 13 14 151617 18 19 20 21 Show all

SM Says:
December 21st, 2012
Posted at: 2:11 pm
Hi kb trader, No no... simply watching 5 min candle/bar and watching volumes. Thats all...
Indu Says:
December 21st, 2012
Posted at: 2:11 pm
Thanks SM. Will refrain from taking any Nifty/ Bank Nifty CE now.
kb trader Says:
December 21st, 2012
Posted at: 2:13 pm
Hi SM, hmm ..
Hi Indu, i guess.. likely to get a minor bounce 20/30 points.. and still we got down side left ..
SM Says:
December 21st, 2012
Posted at: 2:14 pm
Hi YOGI, Yes, saw the chart. Great trade... but if you waited for another hour, till about 12:30, then would have been great. Great trade anyways :)
SM Says:
December 21st, 2012
Posted at: 2:16 pm
Hi Indu, You are welcome. Lets see what happens :)
airbites Says:
December 21st, 2012
Posted at: 2:17 pm
Hi SM,
Can we expect any kind of news regarding fiscal cliff over weekend OR they will resume talks directly on 27th ?
SM Says:
December 21st, 2012
Posted at: 2:23 pm
Hi airbites, Guess nothing concrete will happen over the weekend. But next week talks can resume and voting/decision is likely before 28th. Thats my guess... lets see
Indu Says:
December 21st, 2012
Posted at: 2:25 pm
Hi Kb Trader,
Thanks. Seems Nifty is still under pressure. Just gone down 10 points more in the last 10 mts.
SM Says:
December 21st, 2012
Posted at: 2:28 pm
5869 taken out
Ani Says:
December 21st, 2012
Posted at: 2:28 pm
Hello CB/SM,
Gud noon. Holding KIL @ 24/ Stock in negative 2day. Is it wise to exit now or hold for a day or two. Pl.advice.
SM Says:
December 21st, 2012
Posted at: 2:31 pm
Hi Ani, Sorry, not tracking it. Please wait for CB's reply
km Says:
December 21st, 2012
Posted at: 2:31 pm
(non-trading doubt) i ran into a site called http://www.thepatternsite.com/ . its by a guy called Bulkowski. Heard of him? Are his books any good? its mostly about reading charts...
Ani Says:
December 21st, 2012
Posted at: 2:32 pm
ok thnx SMji
km Says:
December 21st, 2012
Posted at: 2:33 pm
time to exit den networks?
rajesh Says:
December 21st, 2012
Posted at: 2:33 pm
Yogi bro.. Idea is going down. Is this a hold ?
SM Says:
December 21st, 2012
Posted at: 2:36 pm
Hi Ani, you are welcome. CB will definitely assist you. Just ask him once he comes online