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. NEHA Says:
    December 30th, 2011
    Posted at: 3:25 pm

    SIR CAN I CARRYFORWARD BUY POSITION IN AXIS BANK AND HINDALCO


  2. Kartik Says:
    December 30th, 2011
    Posted at: 3:25 pm

    Hi CA.Tejas, you may try placing around 1.5

    Hi Akila, :), no issues, Happy New year to you too :)


  3. Kartik Says:
    December 30th, 2011
    Posted at: 3:26 pm

    Hi Sri, no, can be a risky bet as Markets look weak


  4. Kartik Says:
    December 30th, 2011
    Posted at: 3:26 pm

    Hi NEHA, exit from Hindalco, below 120 it looks weak, hold Axis with a SL at 800


  5. YOGI Says:
    December 30th, 2011
    Posted at: 3:27 pm

    Hi Akila, Ha ha ha


  6. Akila Says:
    December 30th, 2011
    Posted at: 3:27 pm

    Thank you..........thanks a lot to you n CB for all your unconditional n unbiased moral support and advices to everyone....God bless you....have a gr8 year....


  7. Kartik Says:
    December 30th, 2011
    Posted at: 3:28 pm

    Hi Akila, most welcome


  8. CA.Tejas Says:
    December 30th, 2011
    Posted at: 3:32 pm

    Happy New Year to ALL in advance....!!!!


  9. cvrprakash Says:
    December 30th, 2011
    Posted at: 3:32 pm

    WISHING YOU KARTIK/CB AND YOUR TEAM A VERY HAPPY NEW YEAR.

    YOU ALL ARE DOING A GREAT JOB. KEEP UP THE WORK.


  10. Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 3:33 pm

    So are Neha's query & Kartik's reply, the last two comments w.r.t stock markets for the year 2011 :p


  11. Abdullah Says:
    December 30th, 2011
    Posted at: 3:34 pm

    Hi Kartik, Good afternoon


  12. vishal Says:
    December 30th, 2011
    Posted at: 3:38 pm

    wishing cb and kartik and to all the boarders here a very happy new year, may we all do well in the coming year:)


  13. Sri Says:
    December 30th, 2011
    Posted at: 3:39 pm

    Hi Kartik,

    Thanks for the quick response...i haven't taken the 4700 Call option.

    ***HAVE A GREAT DAY******

    ****WISH YOU ALL A HAPPY NEW YEAR 2012****

    Thanks!!
    Sri


  14. Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 3:47 pm

    Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 9:08 am [Reply]

    Good Morning All!!

    Nifty Strategy for today

    Long above 4687 SL 4669 for 4702-4716-4733-4758-4778
    Short below 4668 SL 4685 for 4653-4638-4623-4607-4590


    All Future Levels

    Long above 4687 SL 4669 for 4702-4716-4733-4758-4778 got active, tgt1 achieved.

    SL revised to 4685 where we reversed our trade. Loss = 2 points = 100 Rs/lot

    Short below 4668 SL 4685 for 4653-4638-4623-4607-4590 Also got active, tgt1,2,3, achieved day's low 4614

    SL revised to 4620 was hit

    profit = (4685-4620)*50/lot = 65*50/lot = 3250/lot

    Net Profit = 3250-100 = 3150/lot

    For every 10 lots traded profit = 31500

    phew Finally SL hits in our call on the last day of trading in 2011, yet we are in profits :D, Simple Intraday Trading with discipline


  15. Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 3:52 pm

    Ledger Summary for Today:

    Nifty Long @ 4687 revised, tgt1 achieved revised SL 4685 hits, Loss = Rs100/lot
    Nifty Short @ 4685 tgt1,2,3 achieved, Trail SL 4620 hits, profit = Rs3250/lot
    BATA short @ 534, booked at 527, profit =7*500= Rs3500/lot

    Net Profit/Loss = (3500+3250-100) = Rs6650 for each lot traded

    For every 10 lots traded Total Profit= 66,500

    Stop Loss hits still we are in profits WHY ?

    Simple Intraday Trading with Discipline


  16. Tamraj Kilwish Says:
    December 30th, 2011
    Posted at: 3:55 pm

    I wish everyone a Prosperous & very happy new year!!

    I would require some encouragement to continue the service to the best I can. Please let me know if you do not like it.

    Thank you all!!

    Have a wonderful evening!!

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