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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Comment pages: 141516171819202122Show all

  1. Palash Says:
    December 21st, 2012
    Posted at: 2:40 pm

    hi sm now what is the nifty possition


  2. SM Says:
    December 21st, 2012
    Posted at: 2:43 pm

    Hi Palash, Looks weak. Told that below 5869 next supp at 5860. Once 5869 broken came to 5863.15. Now watch for 5860 on the lower side. Thats supp area. Lets see whether supp holds or not


  3. SM Says:
    December 21st, 2012
    Posted at: 2:45 pm

    Hi Palash, First res now becomes 5890. All Fut levels


  4. SM Says:
    December 21st, 2012
    Posted at: 2:48 pm

    See low.... 5860


  5. sonu Says:
    December 21st, 2012
    Posted at: 2:52 pm

    Sir can we buy JAN 5600 PUT now with SL of 5900 .


  6. Palash Says:
    December 21st, 2012
    Posted at: 2:53 pm

    hi sm i have SBIN 2400CE 6 LOTS @ 23 and TATA STEEL 400CE 34, PLZ GIVE ME ADVICE


  7. shail Says:
    December 21st, 2012
    Posted at: 2:57 pm

    Can we buy ONGC 260 call at 1.7 If dividend is good it might cross 3-4 rs


  8. SM Says:
    December 21st, 2012
    Posted at: 3:00 pm

    Hi Palash, Your loss is more in SBIN than Tatasteel. But can hold TataSteel CE with SL 425 and SBIN CE with SL 2325. All cash levels. With expiry coming near, try to exit on any possible bounce


  9. kb trader Says:
    December 21st, 2012
    Posted at: 3:02 pm

    oops.. booked minor earlier :PPP

    hmm.. it happens .. .


  10. SM Says:
    December 21st, 2012
    Posted at: 3:02 pm

    Bye guys...catch you all later


  11. SM Says:
    December 21st, 2012
    Posted at: 3:03 pm

    Hi kb trader, below 5860.... oops :PPP


  12. sankar Says:
    December 21st, 2012
    Posted at: 3:05 pm

    Hi CB
    Bought JP @ 99.15 (intra day). can hold for 3or 4 days. should I hold or sell now


  13. CB Says:
    December 21st, 2012
    Posted at: 3:07 pm

    Hi sankar, yes, hold onto it

    Hi SM, bbye..tc

    Hi shail, no, not yet

    Hi Palash, exit 2 of each for now

    Hi sonu, no, not yet

    Hi km, can hold for 1-2 days.


  14. sankar Says:
    December 21st, 2012
    Posted at: 3:08 pm

    Thanks CB. Shall hold


  15. piya Says:
    December 21st, 2012
    Posted at: 3:10 pm

    HEY CB...
    asian paints is down almost 2%...can it recover in the next 2-3 sessions??
    shud one hold or exit??
    thanx


  16. Aravind Says:
    December 21st, 2012
    Posted at: 3:10 pm

    Hi CB,
    Can l exit or hold sbi bought @2200

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