Quotes with Resistance & Support
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Intraday calls for 08-12-09

Posted on: December 8th, 2009 at 9:12 am

Markets likely to open flat. Intraday support for nifty is at 5050.

If nifty holds onto 5050 after opening,
Buy GTL Ltd at 364.15, target: 373. Stoploss: 360.
Buy Gabriel India Ltd at 29.50, target: 31.40. Stoploss: 28.60

Trade in small quantity.

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587 Responses

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  1. Akila Says:
    December 8th, 2009
    Posted at: 6:22 pm

    Hi CB/kartik

    can u please tell me whether it would be right to enter Octant Interactive at cmp for 5-6months holding (expecting around 5 times profit)?

    also please tell me about Hard Castle & Waud, Master Multitech, Temptation foods and Monasanto India... All these have fallen a great deal from year highs and seem to be recovering....

    But I guess most of these are del-based stocks and not for intraday or margin... dont want an upset like Alfatran today after the tough homeworks...

    Thanks and have good day both of you...


  2. Kartik Says:
    December 8th, 2009
    Posted at: 6:54 pm

    Hi andy, sorry, didnt mange to chk your comment earlier

    Hi AC, we might see a flattish session tomorrow

    Hi Sriram, yes, it would be better to wait for week or so

    Hi Souvik, keep a SL at 5150 on Nifty and hold it

    Hi noob, some Short covering

    Hi Ashok, likely to be flattish

    Hi kiran, yes

    Hi nb, not likely, we might see a flattish session tomorrow, Telecom stocks have underperformed the markets for the last 1-2 months time, they can add 20% in Short term

    Hi Sriram, they are likely to ext it at higher rate, thats why its causing the stock to go up, but book profits in it on rise

    Hi sarath, yes, hold them for Short term

    Hi chandra, its more of a market mover, it can 1-2% tomorrow, if markets move up

    Hi Akila, you may buy in small quantity, as it can be a risky bet considering its been a downtrend for quite some time now


  3. ramesh Says:
    December 8th, 2009
    Posted at: 6:56 pm

    Cb, Karthik,

    Holding ril 1095 ca @ 22, Pls advice tgt, sl?

    Thanks


  4. ramsingh Says:
    December 8th, 2009
    Posted at: 6:59 pm

    Hai Kartik!
    What is ur opinion about Avon Organics ltd.,What is the price target.


  5. Mohan Says:
    December 8th, 2009
    Posted at: 7:14 pm

    Hi KARTHIK,

    since european market and dow future is negative , do you think nifty will be downside tomorrow.


  6. Mumtaz Says:
    December 8th, 2009
    Posted at: 7:17 pm

    Hi Kartik,
    How is Gabriel India Ltd. Can i enter @ CMP?


  7. Prem Says:
    December 8th, 2009
    Posted at: 7:22 pm

    Hi Karthik,

    Can you tell me some good books to learn about charts(Nify).i am new to share market.


  8. suzane Says:
    December 8th, 2009
    Posted at: 7:25 pm

    you dint replied to my query dear...
    today i bought HAVELLS for BTST, what is the easiest target u find in tommorow?


  9. anwer Says:
    December 8th, 2009
    Posted at: 7:35 pm

    CB
    How Copenhagen effect Suzlon & GAIL is it a buy at CMP


  10. VIJAY Says:
    December 8th, 2009
    Posted at: 7:53 pm

    Hi, daily inform me the market conditions


  11. a.shanmugam Says:
    December 8th, 2009
    Posted at: 8:18 pm

    GOOD NIGHT>........


  12. shyla Says:
    December 8th, 2009
    Posted at: 8:24 pm

    dear karthik, whether 3i infotech can reach 95 in two to three days ?


  13. shyla Says:
    December 8th, 2009
    Posted at: 8:26 pm

    pls give the target for the month for ramco systems


  14. nb Says:
    December 8th, 2009
    Posted at: 8:32 pm

    Hi Kartik, Thank you!


  15. Suresh Says:
    December 8th, 2009
    Posted at: 8:58 pm

    Hi CB/kARTIK,

    Good Night, and take care.will catch you tomorrow


  16. vikram Says:
    December 8th, 2009
    Posted at: 9:08 pm

    hi kartik i short future of hdil@ 316 what can i do plz tell stop loss or on which price can i buy

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