Quotes with Resistance & Support
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Intraday calls for 22-12-11

Posted on: December 22nd, 2011 at 8:21 am

Markets likely to open lower, resistance for Nifty at 4750 and support at 4620.

Sell IDFC around 99 for a target of 95.50 with a SL at 100.50 – (Book profit in IDFC at 95.50)

11.21am – buy Tata steel at 345, target: 353. Stoploss: 339 – (Book profit in tata steel at 351)

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433 Responses

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  1. Ravi Says:
    December 22nd, 2011
    Posted at: 12:23 pm

    CB Sir, nifty broken 4640. were is the next support.


  2. v8 Says:
    December 22nd, 2011
    Posted at: 12:23 pm

    Hi CB, sir market now below 4640 lvl spot . now what ? : where to book my 4700 PE ?? cmp 97 .


  3. divya Says:
    December 22nd, 2011
    Posted at: 12:23 pm

    i am holding TataSteel 360CE since 2days at 7rs...pls suggest when should i exit...


  4. craj Says:
    December 22nd, 2011
    Posted at: 12:24 pm

    HI CB, can one buy JPassociate and vijay bank @ CMP for intraday?


  5. SAI Says:
    December 22nd, 2011
    Posted at: 12:24 pm

    Hi CB / Lalith whr to put sl for SBI CA


  6. CB Says:
    December 22nd, 2011
    Posted at: 12:25 pm

    Hi lalith, ya.. seems its due too all not being in favor of lokpal

    Hi shams, hold with sl at 680

    Hi Ravi, if trades below it for few min, could test 4620

    Hi v8, hold for some more time.

    Hi divya, hold it. has corrected quite a bit and can see short covering


  7. CB Says:
    December 22nd, 2011
    Posted at: 12:25 pm

    Hi craj, no, don't enter it yet

    Hi SAI, hold with sl at 1600 for now.


  8. SURESH Says:
    December 22nd, 2011
    Posted at: 12:26 pm

    HI CB..Whats the tgt for aanjaneya life science for next week?will it test 500 level?


  9. lalith Says:
    December 22nd, 2011
    Posted at: 12:26 pm

    Hi SAI, stoploss 1582 (FUT)


  10. pradip Says:
    December 22nd, 2011
    Posted at: 12:27 pm

    hi cb,
    support for tata steel?


  11. CB Says:
    December 22nd, 2011
    Posted at: 12:27 pm

    Hi SURESH, can test 500 in coming days.


  12. CB Says:
    December 22nd, 2011
    Posted at: 12:27 pm

    Hi pradip, around 440


  13. Ankur Says:
    December 22nd, 2011
    Posted at: 12:28 pm

    Hi CB, any pick for short to med term. Thanks


  14. CB Says:
    December 22nd, 2011
    Posted at: 12:29 pm

    Hi Ankur, add tata steel, dcb, glaxo pharma on dips.


  15. Ankur Says:
    December 22nd, 2011
    Posted at: 12:30 pm

    Why is TANLA SOLUTIONS going down despite their fundamentally good business model. Is it a good buy for medium to long term at cmp.


  16. pradip Says:
    December 22nd, 2011
    Posted at: 12:30 pm

    hi cb, for tata steel....is it 340 or 440?

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