Quotes with Resistance & Support
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Intraday calls for 15-12-09

Posted on: December 15th, 2009 at 9:19 am

Markets likely to see a flat opening. Support for nifty is at 5050 and resistance at 5180

Buy Federal-Mogul Goetze at 147, target: 153. Stoploss: 144.50

If markets show weakness later during the day, sell: State bank of India.

10.02am – buy BALMLAWRIE at cmp 569 target 583. sl 560

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563 Responses

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  1. ram Says:
    December 16th, 2009
    Posted at: 8:56 am

    I'm holding nifty put 92Rs..What price can i sell it....


  2. Divya Says:
    December 16th, 2009
    Posted at: 8:56 am

    CB, any put or call at this level ??


  3. CB Says:
    December 16th, 2009
    Posted at: 8:57 am

    Hi ram, if holding 5k put then it can see 120-125. hold it

    Hi Divya, if nifty bounces by 15-20 points buy a 5000 put.


  4. ram Says:
    December 16th, 2009
    Posted at: 8:59 am

    sorry i forgot to mention..i'm holding 4900 put at 92rs...so at what price can i sell..


  5. ramesh Says:
    December 16th, 2009
    Posted at: 9:00 am

    Thanks CB :D


  6. Divya Says:
    December 16th, 2009
    Posted at: 9:03 am

    Tx CB, so you are expecting Markets to go down further right ?? and what about 5100 and 5200 CE for dec ?


  7. CB Says:
    December 16th, 2009
    Posted at: 9:08 am

    Hi ram, they can add another 15-20%

    Hi ramesh, most welcome

    Hi Divya, hold them with sl at 500.


  8. Chandrika Says:
    December 16th, 2009
    Posted at: 9:10 am

    Hi CB

    How markets will open today?


  9. Arun Kumar Says:
    December 16th, 2009
    Posted at: 9:13 am

    Dear CB

    Good Morning.

    Can I buy Nifty put option for today.

    Thanks

    Arun


  10. CB Says:
    December 16th, 2009
    Posted at: 9:14 am

    Hi Chandrika, likely to open flat.

    Hi Arun Kumar, on rise buy a 5100 put with sl at 5060-5070


  11. Arun Kumar Says:
    December 16th, 2009
    Posted at: 9:15 am

    Thanks CB.

    The daily chart nifty is trading below the 30 days SMA.

    What does it mean ?


  12. CB Says:
    December 16th, 2009
    Posted at: 9:18 am

    Hi Arun Kumar, thats the 30 day moving average. 50dma is at 5000 below which more weakness could come in


  13. Arun Kumar Says:
    December 16th, 2009
    Posted at: 9:20 am

    Thanks for the information.

    Good Day Sir !


  14. Chandrika Says:
    December 16th, 2009
    Posted at: 9:26 am

    Hi Cb

    What is the target if NIITLTD today?


  15. Ajit Says:
    December 17th, 2009
    Posted at: 10:37 am

    hi good morning

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