Intraday calls for 27-12-12

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Intraday calls for 27-12-12

Posted on: December 27th, 2012 at 8:25 am

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Markets likely to open flat, Support for nifty is at 5820 and resistance at 5960.

Buy ICICI Bank around 1148, Target: 1168, SL 1134

12.08pm – (Exit from Tata Chemicals at 341)

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256 Responses

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VSC Says:
December 27th, 2012
Posted at: 11:48 am
Thanks mahendra..appreciated
Sohan Says:
December 27th, 2012
Posted at: 11:49 am
Hi SM, Thanks
Do you suggest to enter a short again. What could be entry level.
Sohan
Madhu Says:
December 27th, 2012
Posted at: 11:49 am
Hi SM, I am long on Hindalco @ 132 now its 128 what to do? Shall I roll over and continue to hold to book the loss and come out?
Palash Says:
December 27th, 2012
Posted at: 11:52 am
HI SM GM.
SM Says:
December 27th, 2012
Posted at: 11:58 am
Hi Sohan, welcome. 1662-1665 levels can be utilised for shorting with strict strict SL
Hi Madhu, GM. Can hold for now with a SL of 127 cash levels. If it holds till EOD, can roll over. Can test 130.50-131 again it seems. All cash levels.
Hi Palash, GM
Palash Says:
December 27th, 2012
Posted at: 12:04 pm
HI SM , BY MISTAKE I HAVE SELL CROUDE-OIL @ 4918 ON JANUARY MONTH, CAN U GIVE ME SUGGESTION PLZ
SM Says:
December 27th, 2012
Posted at: 12:08 pm
Hi Palash, Get out on any possible dip as it looks strong. Even if by mistake you sold it, always always keep SL
M2M Says:
December 27th, 2012
Posted at: 12:15 pm
Hi SM, Can I enter Silver @ 57550 for the target of 58000?
CB Says:
December 27th, 2012
Posted at: 12:17 pm
Hi lalit, no, not really sure yet

Hi pramod, yes, likely to
CB Says:
December 27th, 2012
Posted at: 12:17 pm
*************** got to go. shall be back by evening 5-6 pm.
cerulean Says:
December 27th, 2012
Posted at: 12:18 pm
Hi SM, Thanks a lot ..May not take any positions for the next few days ..Even the base metals are moving higher ..May be in a fortnight ..A short position perhaps can be considered..
SM Says:
December 27th, 2012
Posted at: 12:18 pm
Hi M2M, Better to wait for some more time.
cerulean Says:
December 27th, 2012
Posted at: 12:19 pm
Hi CB, Take care.
SM Says:
December 27th, 2012
Posted at: 12:20 pm
Hi cerulean, You are welcome. I was also thinking to trade light or maybe not to take any position till EOY :)
Palash Says:
December 27th, 2012
Posted at: 12:22 pm
SIR SHOULD I BOOK LOSE , NOW IT IS 5020, PLZ TELL ME, OR HOLD IT
Palash Says:
December 27th, 2012
Posted at: 12:24 pm
HI SM , SIR SHOULD I BOOK LOSE , NOW IT IS 5020, PLZ TELL ME, OR HOLD IT, I LOOSSING