Quotes with Resistance & Support
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Intraday calls for 30-12-11

Posted on: December 30th, 2011 at 8:24 am

Markets likely to open a bit higher. Support for nifty is at 4620 and resistance 4710.

Buy Aban Offshore at 350, target: 358-360. Stoploss: 343 – (sl triggered)

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444 Responses

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Comment pages: 91011121314151617Show all

  1. vipul Says:
    December 30th, 2011
    Posted at: 12:32 pm

    i m holding tata motors baught at 214. should i sell my share now. and reenter at lower levels as it is unable to cross 183 barriar


  2. sachin shukla Says:
    December 30th, 2011
    Posted at: 12:32 pm

    Hi raj, Crude prices tested the support area at 5251, today we can expect prices to test 5371, traders are advised to buy Crude Oil around 5311 – 5301 with a strict stop loss of 5251.Nymex Crude (Feb): Support 98 - 98.8, Resistance 100 - 101. MCX Crude (Jan): Support 5222 - 5275, Resistance 5342 - 539...


  3. sachin shukla Says:
    December 30th, 2011
    Posted at: 12:33 pm

    Gold is in bearish trend for medium-long term. Gold is currently moving in sideways and now trading in overbought level. The oscillator is showing sell signal and has moved down to its previous low with good volume points to a negative break out.
    Support: 27045. Resistance: 27815 - 28490.
    Traders are advised to buy Gold above 27388.10 with a stop of 27199.10. Below 27173.4 go for sell.


  4. $tyleIcon Says:
    December 30th, 2011
    Posted at: 12:34 pm

    frnz any 1 trades in USA or any other mrkt..?
    i want to start trading in USA from where to get started any idea..?


  5. sachin shukla Says:
    December 30th, 2011
    Posted at: 12:35 pm

    Silver is currently in downtrend with good momentum but volume is unsatisfactory and the open interest is not increasing with trend.
    Support: 50090. Resistance: 53726 - 56442
    Traders are advised to sell Silver if open below 49841.5 with stop loss at 51433.5 or sell below 49147. Buy only above 52129.7


    Today, Crude Oil prices are expected to trade higher taking cues from supply disruptions in Syria and Iran’s naval exercises in a key shipping lane. Additionally, a weaker dollar will also provide further support. as Crude prices are looking positive, traders are advised to buy Crude Oil around 5261 with a stop loss below 5211 for the target of 5321 - 5336.
    Crude Oil (Jan): Support 5201 - 5261, Resistance 5301 - 5366.


  6. vipul Says:
    December 30th, 2011
    Posted at: 12:35 pm

    abdullah can u pls reply to my above query.and can u also suggest some scripts that i can buy now or at some dips


  7. sachin shukla Says:
    December 30th, 2011
    Posted at: 12:36 pm

    SELL MCX COPPER AT CMP 403.60 SL 407.20 TARGET 401.20 398.50 396.10.


  8. vishal Says:
    December 30th, 2011
    Posted at: 12:36 pm

    god! its a very boring market, just cant trade at all, hahaha


  9. sand Says:
    December 30th, 2011
    Posted at: 12:36 pm

    tata motors can do 185 today.. hold with a sl of 180..


  10. CA.Tejas Says:
    December 30th, 2011
    Posted at: 12:37 pm

    Can I buy SBIN 1550 put for jan at cmp??


  11. sand Says:
    December 30th, 2011
    Posted at: 12:38 pm

    abdullah whats your tgt in rolta


  12. vishal Says:
    December 30th, 2011
    Posted at: 12:38 pm

    cb sbin is looking strong, can i buy at cmp?


  13. vishal Says:
    December 30th, 2011
    Posted at: 12:39 pm

    guys whats the view on electrosteel steels?


  14. sachin shukla Says:
    December 30th, 2011
    Posted at: 12:41 pm

    Hi CA.Tejas, yes


    BUY SILVER CMP 50300 SL BLW 50110 TGT 50600 50880 51110.MM


  15. Abdullah Says:
    December 30th, 2011
    Posted at: 12:42 pm

    Hi sand, 60+ lets see. will update


  16. sachin shukla Says:
    December 30th, 2011
    Posted at: 12:42 pm

    Hi vishal, no

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