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. AJ Says:
    December 21st, 2012
    Posted at: 8:53 am

    Short PANTALOON on opening?


  2. Kartik Says:
    December 21st, 2012
    Posted at: 8:55 am

    Hi AJ, its likely to open loower with the Markets, dont go short at opening as it could see some recovery later during the day


  3. Kartik Says:
    December 21st, 2012
    Posted at: 8:57 am

    Hi Akash, Unitech has been trading around 34-36 for the past few days, if Markets support it can add some gains (decay factors seems to be coming in on it), enter Ambuja above 210 (resitance)


  4. PK Says:
    December 21st, 2012
    Posted at: 8:57 am

    Hi Kartik, Hi kb trader,
    Good morning sir,
    Holding Jindal steel, Adani Ent, Himdalco
    Pls suggest


  5. Azhar Says:
    December 21st, 2012
    Posted at: 8:57 am

    Hi Kartik, good morning....views on IBPOW and GTOffshare please


  6. kb trader Says:
    December 21st, 2012
    Posted at: 8:58 am

    buy biocon >> intraday & risky

    buy if it holds above 290. stop 287, tg 294/298


  7. Kartik Says:
    December 21st, 2012
    Posted at: 8:58 am

    Hi Azhar, they are likely to trade flat for today

    Hi PK, GM, seems may open lower, can see some recovery during the day if markets recover


  8. Karan Sharma Says:
    December 21st, 2012
    Posted at: 8:58 am

    Hi Kartik,

    Sold SINTEX (1 lot) @ 64/-

    Sold TATA COMMUNICATIONS (1 lot) @ 225/-

    Please tell what to do?


  9. AJ Says:
    December 21st, 2012
    Posted at: 8:59 am

    DEN a good entry on opening or wait for lower levels to enter?


  10. Kartik Says:
    December 21st, 2012
    Posted at: 9:00 am

    Hi AJ, enter around 205

    Hi Karan Sharma, they are likely to open lower, continue to hold your shorts for some more time


  11. kb trader Says:
    December 21st, 2012
    Posted at: 9:05 am

    Hi PK, gm


  12. pramod Says:
    December 21st, 2012
    Posted at: 9:09 am

    hi GM
    can i short raymonds/adani enterprises futur today. What is the SL for both?


  13. Kartik Says:
    December 21st, 2012
    Posted at: 9:09 am

    Hi pramod, GM, they are likely to open lower with the Markets, dont go short at opening


  14. YOGI Says:
    December 21st, 2012
    Posted at: 9:11 am

  15. MURALI Says:
    December 21st, 2012
    Posted at: 9:11 am

    HI KARTHIK/ KB TRADER/ CB

    WHY NIFTY IS DOWN... THE US MARKETS ARE STRONG....

    HOLDING NIFTY CE..... WHAT TO DO EXIT OR HOLD................


  16. kris Says:
    December 21st, 2012
    Posted at: 9:11 am

    Hi Kartik, Good morning .....Today MT educare target please....

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