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. CB Says:
    December 22nd, 2011
    Posted at: 1:37 pm

    Hi SB, go with a ce for now.


  2. jitendra Says:
    December 22nd, 2011
    Posted at: 1:37 pm

    thanks CB i sold tata steel at 351


  3. CB Says:
    December 22nd, 2011
    Posted at: 1:38 pm

    Hi jitendra, nice to hear that. .


  4. Kb Trader Says:
    December 22nd, 2011
    Posted at: 1:40 pm

    Hi CB, cant just go up.. shld get a dip.. because im not entered yet :D


  5. CB Says:
    December 22nd, 2011
    Posted at: 1:40 pm

    Hi Kb Trader, :)


  6. SB Says:
    December 22nd, 2011
    Posted at: 1:40 pm

    Hi CB, Market will come down for today dude .. wait and see... !!!!! I hope so ............


  7. ttsathya Says:
    December 22nd, 2011
    Posted at: 1:42 pm

    Sir Shorted Appollo Fut @57.25 & Asok Lyl Fut @20.35 Pl advice


  8. CA.Tejas Says:
    December 22nd, 2011
    Posted at: 1:42 pm

    Hi CB, Can i buy tata steel at cmp??


  9. CB Says:
    December 22nd, 2011
    Posted at: 1:42 pm

    Hi SB, europe is moving higher on positive news flow. lets see.


  10. CB Says:
    December 22nd, 2011
    Posted at: 1:42 pm

    Hi ttsathya, if possible hedge these with couple of 4700 calls for now

    Hi CA.Tejas, no, dont enter it now.


  11. SB Says:
    December 22nd, 2011
    Posted at: 1:43 pm

    Hi CB,
    One can Enter in 4700 CE at 48 -50 Levels as BTST with a Sl= 30 ; i hope so for a tgt of 62 -70


    How will b my call dude ????


  12. CB Says:
    December 22nd, 2011
    Posted at: 1:43 pm

    Hi SB, no, not sure yet..


  13. CA.Tejas Says:
    December 22nd, 2011
    Posted at: 1:44 pm

    Hi CB, What tgt can be expected in reliance capital in weeks time...


  14. CB Says:
    December 22nd, 2011
    Posted at: 1:45 pm

    Hi CA.Tejas, can test 250


  15. CB Says:
    December 22nd, 2011
    Posted at: 1:45 pm

    ill be back in 1 hour.


  16. UNIYAL Says:
    December 22nd, 2011
    Posted at: 1:48 pm

    HI CB SIR, SBI IS ROCKING... MY TARGET IS JUST 7 POINT AWAY I.E. 1650 FOR TODAY..

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