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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  1. Kartik Says:
    December 30th, 2011
    Posted at: 3:13 pm

    sorry guys, just came back

    Hi CA.Tejas, can be entered for 3-4 days

    Hi RAVI, looks weak, exit from it


  2. Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 3:13 pm

    Nifty Supported at 4610, and a bounce back from there


  3. Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 3:15 pm

    My Trade : BATA short at 534 booked at 527; Total profit = (534-527)*500/lot = 3500/lot

    For every 10 lots traded profit = 35000 :)


  4. Milind Says:
    December 30th, 2011
    Posted at: 3:16 pm

    Hi Kartik,

    Holding 4700 CE @ 119.
    Should I hold or exit it.
    Currently it is trading around 92.

    Thanks.


  5. Vinu Says:
    December 30th, 2011
    Posted at: 3:18 pm

    hi kartik......bought Axisbank 800 PE at 39.....shall i hold or exit? thankyou


  6. Kartik Says:
    December 30th, 2011
    Posted at: 3:18 pm

    Hi Milind, Markets look weak, would be better to exit


  7. Kartik Says:
    December 30th, 2011
    Posted at: 3:18 pm

    Hi Vinu, can be held with a SL at 800 (cash)


  8. Vinu Says:
    December 30th, 2011
    Posted at: 3:19 pm

    Hi Kartik, hi kartik......bought Axisbank 800 PE at 39.....shall i hold or exit? thankyou


  9. Milind Says:
    December 30th, 2011
    Posted at: 3:19 pm

    Thanks kartik.


  10. Das Says:
    December 30th, 2011
    Posted at: 3:20 pm

    Hi kartik,I have reliance 720ce bought @ 25 cmp 21. Please advise.


  11. CA.Tejas Says:
    December 30th, 2011
    Posted at: 3:20 pm

    Hi Kartik, ok buy given @1.45 , 1 lot let see whether comes or not....


  12. Kartik Says:
    December 30th, 2011
    Posted at: 3:21 pm

    Hi Milind, most welcome

    Hi Das, it looks weak, enter a Pe and exit from CE

    Hi CA.Tejas, ok


  13. CA.Tejas Says:
    December 30th, 2011
    Posted at: 3:23 pm

    Hi Kartik, CMP is 1.65 should i buy at that rate or wait for 1.45??


  14. Akila Says:
    December 30th, 2011
    Posted at: 3:23 pm

    Hope the last day of markets for the year 2011 will close with a reasonably better index point and not at the lowest point.....................

    Happy New Year CB & Kartik and all here..........Have a gr8 new year and a fine trading year ....all d best everyone...........

    An appeal to all the boarders here.............Please leave CB sir and kartik sir for the weekend to enjoy their new year....lets vow not to bother them with any questions after market hours today till markets open in the new year........... ofcourse...all are free to write in their best wishes and greetings to them/each other over the weekend....BUT NO QUERIES/QUESTION ABOUT STOCK MARKET...


  15. SS Says:
    December 30th, 2011
    Posted at: 3:24 pm

    Hi Kartik,
    Your say on Cairn ? Fut is trading with Rs.2.5 discount.


  16. Sri Says:
    December 30th, 2011
    Posted at: 3:24 pm

    Hi CB,

    Can i buy 4700CE for Today and Selling on Monday??


    Quick suggestions...pls..

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