Quotes with Resistance & Support
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Intraday calls for 07-12-10

Posted on: December 7th, 2010 at 8:29 am

Markets likely to see a flat opening. Support for nifty is at 5950 and resistance near 6090

Buy Bharat Forge at 391, target: 400. Stoploss: 385

Trade in small quantities.

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564 Responses

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Comment pages: 282930313233343536Show all

  1. rahul Says:
    December 7th, 2010
    Posted at: 6:28 pm

    CALS BUY OR SEEL


  2. Gitanjali Says:
    December 7th, 2010
    Posted at: 6:33 pm

    Hi CB, thanks .. yes , holding a few of optocircuits...since abt a year now ..as well as gitanjali , remainder from a losing day trading position ,abt the same time ..


  3. Mayur Says:
    December 7th, 2010
    Posted at: 6:42 pm

    Hi Bedi ji, Sirji.. i got stucked with two stocks.. Allahabad Bank @ 239 and Kajaria ceremics @ 80.. Please advice..how to trade further in these ones.. and as per ur advice i am holding Cipla @ 373 for now.! Thanks.!


  4. CB Says:
    December 7th, 2010
    Posted at: 6:48 pm

    Hi rahul, one can enter in small quantity

    Hi Gitanjali, yes, hold onto these for now. have corrected quite a bit. can expect a bounce soon

    Hi Mayur, for now hold onto these for now. likely to see a bounce from here. cipla looks good. can see 390


  5. rafi Says:
    December 7th, 2010
    Posted at: 6:53 pm

    what u think about ufles....is it safe short term bet..bought [email protected]


  6. Billa Says:
    December 7th, 2010
    Posted at: 6:53 pm

    CB/Karthik,

    Shall I buy Eveready @53 CMP. Why is it coming down from recent recovered high of 58. Any News?, With LED lights production on full swing , this industry should outperform the market. Am I right?

    Shall I add more to SPARC & TFCIL @CMP. Please give ur comments


  7. CB Says:
    December 7th, 2010
    Posted at: 6:53 pm

    Hi rafi, it may remain a bit volatile in short term after the recent news flow. fundamentally its a strong bet and in a good sector. likely to do well in short/med term.


  8. CB Says:
    December 7th, 2010
    Posted at: 6:54 pm

    Hi Billa, technically does look a bit weak below 55. dont enter it yet. dont add more of sparc and tfcil too . wait for some downside in markets to add more


  9. Billa Says:
    December 7th, 2010
    Posted at: 6:58 pm

    Hi Karthik, Shall I short Uflex tomorrow


  10. Shiva Says:
    December 7th, 2010
    Posted at: 7:02 pm

    From the closing of previous day trading, Nifty is likely to make a W-shaped graph. Thus, the market is expecting to be very volatile during this period.
    Nifty Intraday Tips


  11. Priyanka Says:
    December 7th, 2010
    Posted at: 7:05 pm

    Hi Mayur,

    Allahabad bank is good public sector bank.
    After a sell off,even loss making realty sector companies bounce back.
    Then, no need to worry about a profit making company in the banking sector.
    It will bounce back soon.
    Hold it.


  12. Billa Says:
    December 7th, 2010
    Posted at: 7:07 pm

    Thanks CB. Please recommed buy levels for TFCIL & SPARC or approx time frame to wait. These 2 stocks, I want to keep it for 3 yrs min.


  13. deepak Says:
    December 7th, 2010
    Posted at: 7:32 pm

    Sir TOmorrow target of unitech ?


  14. Kb Says:
    December 7th, 2010
    Posted at: 7:36 pm

    Hi CB, Hai Monster CBBBBBBB .. .. ..... Sorry mister CBBB ...... :DDDDDDDDDDDDD


  15. Priyanka Says:
    December 7th, 2010
    Posted at: 7:46 pm

    Hi CB,

    You had suggested to short nifty around 6020-6040 levels tomorrow.
    Spot price or future price ?


  16. venkatagee Says:
    December 7th, 2010
    Posted at: 7:46 pm

    Hi CB

    Can I short ICICI Bank tomorrow?

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