Intraday calls for 21-12-12
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.)
SMS Alerts, no more page refreshes required
443 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
SM Says:
December 21st, 2012
Posted at: 11:38 pm
CMP of Crude hovering around 4912-4916
cerulean Says:
December 21st, 2012
Posted at: 11:56 pm
Hi SM,Thanks a lot ! How do you think the closing was ..?
SM Says:
December 21st, 2012
Posted at: 11:58 pm
Hi cerulean, Weak obviously :)
cerulean Says:
December 22nd, 2012
Posted at: 12:00 am
Hi SM,sorry , hadn't checked earlier ... hadn't expected any comments...
I 'd like to know though , there had been a break out ,wasn't there ....at 4941?Now does it hold good now ,as today's was a bearish closing [ I presume ... ]
cerulean Says:
December 22nd, 2012
Posted at: 12:02 am
Hi SM, hiiii nice to see you!
cerulean Says:
December 22nd, 2012
Posted at: 12:03 am
Hi SM, Hi cerulean, hiiii nice to see you!
cerulean Says:
December 22nd, 2012
Posted at: 12:04 am
gad bad ... double trouble :P
SM Says:
December 22nd, 2012
Posted at: 12:08 am
Hi cerulean, Yes 4941 was broken but unable to sustain. I think the gap in charts needs to be filled, hence the call. With a SL as usual
SM Says:
December 22nd, 2012
Posted at: 12:12 am
Hi cerulean, Check at least 3 days 5 min charts. 4940 would be a good SL. But as it is positional, SL becomes 4975
cerulean Says:
December 22nd, 2012
Posted at: 12:13 am
Hi SM, I'd definitely take a positional trade in this ... less taxing on our time...THANKS ever so much !
I’ve tried to include sma , cross over’s … was very useful today .. does give early signals , if we use a a short one like 7…as it is there’s not much choice in TF’s ..Usually use 5mnts..
cerulean Says:
December 22nd, 2012
Posted at: 12:21 am
Hi SM, I do not have facility to check , 5mnts charts of previous days...
yes , during morning trading hours ,it hadn't gone above 4950 [today].... Hence as you suggest, 4940 wd be a reasonably safe sl...
And thanks for all the detailed explanations ... Trading isn't that tough ... even alone..
Had been too used to being spoon fed THANKS TO This portal...
cerulean Says:
December 22nd, 2012
Posted at: 12:23 am
Hi SM,Carry on ..It must be late for you..A
working day ahead for you all...
few of you here hardly sleep ... may not be good for health..
SM Says:
December 22nd, 2012
Posted at: 12:49 am
Hi cerulean, Had dinner and sorry for the late reply. Yes SMA crossovers today yielded results, whatever may be the parameters :) If you take a positional trade, please note that I tend to discard the movements on Saturdays, but if we get sufficient downside we can book. Though I doubt, it will be on Saturdays. BTW, today EMA instead of SMA would have yielded better results. And one more thing... nobody is spoon feeding anybody... we are just having a discussion
SM Says:
December 22nd, 2012
Posted at: 12:53 am
Hi cerulean, CB, Me, Kb and SR are known nocturnal. Sometimes Yogi, Sohan, Deepak Bedi joins :)
cerulean Says:
December 22nd, 2012
Posted at: 12:59 am
Hi SM,ok :] Thanks ..but it is spoon feeding and not much of thank you's in return....
Yes , i do change the initial set up from sma to ema ...And yes there will not be any movement on Saturday's in these ..I may trade in cardamom .. though ..and for nibbling small gains ..it is ideal..May try to go short in cardamom .. nearing it's resistance [I thought ] as well as over bought ...
There is link about this 21 -12 2012.. shall post that next...
cerulean Says:
December 22nd, 2012
Posted at: 1:00 am
Hi SM, :}} lollzz... and awake during too...