Quotes with Resistance & Support
Market Information

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. Ani Says:
    December 21st, 2012
    Posted at: 3:25 pm

    Is the reversal expected on Monday? Can I hold on to it till monday or should I off load it 2day itself? Pl. help pal


  2. Rajesh Says:
    December 21st, 2012
    Posted at: 3:26 pm

    Thanks CB for the advice. Should we see more down trend in market ?


  3. CB Says:
    December 21st, 2012
    Posted at: 3:26 pm

    Hi Ani, book partial for now. seems markets may open a bit lower on monday


  4. CB Says:
    December 21st, 2012
    Posted at: 3:26 pm

    Hi Rajesh, most welcome. if breaks 5820 can test 5750


  5. syed Says:
    December 21st, 2012
    Posted at: 3:26 pm

    Thank You.


  6. CB Says:
    December 21st, 2012
    Posted at: 3:27 pm

    Hi syed, most welcome.


  7. Ani Says:
    December 21st, 2012
    Posted at: 3:28 pm

    ok thanks cb.


  8. raja Says:
    December 21st, 2012
    Posted at: 3:28 pm

    CB sir, Good afternoon, What about ASHOK LEYLAND PUT of 27.5.Pls advice sir can it be hold or exit at current levels?


  9. CB Says:
    December 21st, 2012
    Posted at: 3:29 pm

    Hi Ani, most welcome

    Hi raja, Good afternoon. yes, exit if in profits. does look strong.


  10. ani Says:
    December 21st, 2012
    Posted at: 3:29 pm

    Cb sir,

    holding auropharma [email protected] advice.....nw [email protected]....


  11. CB Says:
    December 21st, 2012
    Posted at: 3:29 pm

    Hi ani, exit for now. shall re-enter on monday


  12. PK Says:
    December 21st, 2012
    Posted at: 3:30 pm

    Hi CB, Sir got exited from Jindal Steel, was having 30Qty out of which only 20 sold.....
    rest 10 kept, if it dips more then again will buy more qty.....


  13. CB Says:
    December 21st, 2012
    Posted at: 3:32 pm

    Hi PK, ok. thats fine.


  14. Ani Says:
    December 21st, 2012
    Posted at: 3:33 pm

    Sorry to disturb u again sir. pl clarify whether

    KIL will bounce back from here?


  15. PK Says:
    December 21st, 2012
    Posted at: 3:35 pm

    Hi CB, Thank you sir, but feeling little low, because day yesterday and in today morning was a good chance to got exit at 271 but missed it............


  16. CB Says:
    December 21st, 2012
    Posted at: 3:36 pm

    Hi Ani, no issues. can bounce back from 25 levels.

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