Quotes with Resistance & Support
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Intraday calls for 08-12-10

Posted on: December 8th, 2010 at 8:27 am

Markets likely to open lower, support for Nifty is at 5950

Sell BF Utilities at 770, Target: 750-755, SL 782 – (Book profit at 751)

11.26am – buy 5900 put at 85, target: 100. Stoploss: 5955 (spot) – (Book profits at 100-102)

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471 Responses

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  1. cool duchess Says:
    December 8th, 2010
    Posted at: 1:39 pm

    CB - Gitanjali at 225. Can I place buy at 220? Also Laxmi Vilas Bank can be bought at 106? Thanks.


  2. KAVITA Says:
    December 8th, 2010
    Posted at: 1:39 pm

    HI CB,
    Will jpassociate see 115 , ntpc 200 and Sterlite 180 in one week time frame.Holding since 4-5 days.What to do hold or book loss.I can wait till one week more.Will they come down more or bounce from here


  3. AT Says:
    December 8th, 2010
    Posted at: 1:40 pm

    Thanks,

    will exit all my puts @ 5870.


  4. CB Says:
    December 8th, 2010
    Posted at: 1:40 pm

    Hi K K, no, not yet.


  5. CB Says:
    December 8th, 2010
    Posted at: 1:42 pm

    Hi lalith, keep sl at 5880 and hold for now

    Hi cool duchess, yes, keep buy near 220. dont enter Lakshmi villas yet

    Hi KAVITA, may take a bit longer. markets are seeing some selling pressure. has good support at 5850-5880 . hold for now

    Hi AT, yes.


  6. divyesh Says:
    December 8th, 2010
    Posted at: 1:42 pm

    Hi Cb

    What is yr view should book profit in BPCL or hold


  7. AT Says:
    December 8th, 2010
    Posted at: 1:43 pm

    KK,

    Have u exited from ur PUT?


  8. airbites Says:
    December 8th, 2010
    Posted at: 1:43 pm

    Hi CB,

    Europe opens at 1PM... i guess u mistakely mentioned 2pm above


  9. CB Says:
    December 8th, 2010
    Posted at: 1:43 pm

    Hi divyesh, book partial for now


  10. raj gupta Says:
    December 8th, 2010
    Posted at: 1:44 pm

    sir, why market is falling like anything? is there any bad news ?


  11. shiva Says:
    December 8th, 2010
    Posted at: 1:44 pm

    anything buy now?


  12. Hemant Says:
    December 8th, 2010
    Posted at: 1:44 pm

    no i m in loss


  13. joseph Says:
    December 8th, 2010
    Posted at: 1:44 pm

    hi cb, what about hanung toys i had buy at 220 please inform me?


  14. CB Says:
    December 8th, 2010
    Posted at: 1:44 pm

    Hi airbites, no, its at 2? time changed due to day light saving.


  15. AT Says:
    December 8th, 2010
    Posted at: 1:44 pm

    CB,

    shall i enter 5900 CE @ 5880?


  16. CB Says:
    December 8th, 2010
    Posted at: 1:46 pm

    Hi raj gupta, no news as such. overall global markets going a bit weak

    Hi shiva, not yet

    Hi Hemant, ok. if in cash exit 50% for now. if futures, then enter a 300 put to hedge

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