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. vikram Says:
    December 8th, 2009
    Posted at: 9:11 pm

    hi can i short idea future @ 55.50 plz tell stoploss or target of


  2. CB Says:
    December 8th, 2009
    Posted at: 9:14 pm

    Hi ramesh, hold it with sl at 1060.

    Hi ramsingh, not sure about it.

    Hi Mohan, yes, some downside is likely tomorrow if US closes in the red.

    Hi Mumtaz, yes, one can enter for short term..it can see 33

    Hi Prem, download tech analysis book by Martin Pring from rapid share or google

    Hi suzane, it can see 418

    Hi anwer, not really sure about it yet.depends on the outcome of the meet

    Hi VIJAY, calls are posted around 9.30 AM

    Hi a.shanmugam, good night..

    Hi shyla, yes, hold onto it... ramco can see 115

    Hi Suresh, Good night.. tc

    Hi vikram, it can come down to 300-310 hold it


  3. CB Says:
    December 8th, 2009
    Posted at: 9:15 pm

    Hi vikram, dont go short on telecom stocks yet..they are seeing some buying interest


  4. rajesh Says:
    December 8th, 2009
    Posted at: 9:16 pm

    hai karthi how is unitech holding bought at 91 can u giv target


  5. rajesh Says:
    December 8th, 2009
    Posted at: 9:17 pm

    hai cb can i hold or exit unitech


  6. nithin2009 Says:
    December 8th, 2009
    Posted at: 9:17 pm

    cb...i hold andra and Birla Cotsyn at 120 and .90....pls give ur advice..


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

    hi cb i buy hdil @ 386 what can i do i have a huge exposure in hdil it can reach 411 but everybody told it can add in msci index plz suggest can u expect in this month u can see it can test 410


  8. dineshknp Says:
    December 8th, 2009
    Posted at: 9:40 pm

    Hi i have downloaded chartnexus as given by you. it is working fine? is there any way to run queries i.e. to know the scripts that are crossing there RSI by particular value etc.? and how to get intraday chart?


  9. AMIT SHAW Says:
    December 8th, 2009
    Posted at: 9:43 pm

    HI KARTIK, I HAVE 5000 PUT 4 LOT @ 120, SO WAT CAN I DO NOW, SHOULD I HOLD TILL THE EXPIRY OR CAN I AVERAGE OR EXIT, PLZ SUGGEST


  10. Anand Says:
    December 8th, 2009
    Posted at: 9:47 pm

    Hi CB,
    Dow is 100 points down. SGX is 74 points down. How u indian market tomorrow. Whether nifty is going to cross 5200 in future in near future. How does the economy looks like- worldwide.
    Urgent...........


  11. suzane Says:
    December 8th, 2009
    Posted at: 9:49 pm

    everyday am waiting and watching for positive/negative breakouts, but am unable to watch some or the other day. Today there was no breakouts displayed. Plz try to place everyday.


  12. ankurpalan Says:
    December 8th, 2009
    Posted at: 10:02 pm

    Hi CB, holding gabriel wat to do should i round it off....or wait for two three days .....would it see level of 35 in dec or not


  13. pankaj Says:
    December 8th, 2009
    Posted at: 10:31 pm

    hi cb, i bot 5200 call today, pls give sl / tgt for the same. thanx.


  14. subramanivs Says:
    December 8th, 2009
    Posted at: 11:11 pm

    Hi CB,

    I have Reliance 1050 put @ RS 26 now it is Rs 19
    Nifty 4900 put at Rs 58 now it is Rs 43
    Nifty 5000 put at Rs 100 now it is Rs 63
    What shall i do?


  15. PBB Says:
    December 8th, 2009
    Posted at: 11:14 pm

    CB/Kartik.... I suffered heavy loss today due to sudden market jump, was their any indication that market will bounce back so aggresively and thts too so suddeny?

    I always loose money, either because of sudden nifty move OR share move itself.... Is their an kind of calculation or sumthing that can atleast warn me of sudden market movements.... like today ??

    For tommorow intraday, RIL & ICICI - what u guyz suggest?

    Also, ICICI selling its stake in i3 company - is it neegative or positive for ICICI Bank?


  16. neembeen Says:
    December 8th, 2009
    Posted at: 11:28 pm

    Dear kartik,

    Any tips for short term investments.
    Is Axis muttual fund right choice?
    RPL, Petronet LNG, Bharti, TCL are these investment to be hold? can i still purchase them in this market condition?

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