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

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

Markets likely to see a gap down opening. Support is at 5050 and resistance at 5160

If markets show recovery later during the day, buy: Century Textiles and City Union Bank

3.05pm – btst – buy hcl tech at 355 in small quantity target 365. stoploss: 349

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591 Responses

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  1. preeti Says:
    December 9th, 2009
    Posted at: 10:41 pm

    Hi Akila, thanks a ton :)


  2. Simran Says:
    December 9th, 2009
    Posted at: 10:45 pm

    Hi CB,

    Canara Bank For short term ?? comment


  3. Avis Says:
    December 9th, 2009
    Posted at: 10:48 pm

    Hi cb
    how will be tmrows market
    can cetury textile touch 515 tmrow


  4. Abhinav Jain Says:
    December 9th, 2009
    Posted at: 11:41 pm

    http://business.rediff.com/report/2009/dec/09/tech-satyam-settles-upaid-dispute.htm

    what impact will this news bring tomorrow for SATYAM ?


  5. babu Says:
    December 9th, 2009
    Posted at: 11:45 pm

    hey,what target you expect for century textiles for tomarrow?


  6. Kartik Says:
    December 10th, 2009
    Posted at: 12:09 am

    Hi shyla, it can se 92 levels if markets do well

    Hi pankaj, its a good bet for Long term, considering the fundamentals for the company

    Hi Pradeep, yes, hold onto it for some days, it can do well

    Hi bull, keep a SL at 5160 on the upper side, Hold Unitech for Short term, it can do well

    Hi Akila, it would be better to book profits around 525 levels. LIC is a strong bet for Long term, hold it for some months, it can give decent returns. Buy only 500 (Austral) as of now for Long term, coz it can be a risky bet considering its been in a downtrend for quite some time

    Hi rajkumar, it can se 2500 levels

    Hi Suresh, yes, we might see some downside if Asia opens negative

    Hi Sm, enter it 5% lower from CMP

    Hi sabir, yes, hold it for some more days, it can do well

    Hi raja, it would be better to wait for some time and then invest

    Hi mohu, lets see how Asian markets react tomorrow morning

    Hi Simran, dont enter yet, wait for some time

    Hi Avis, yes, it can do well

    Hi Abhinav Jain, its likely to be beneficial for the stock, it can add 2-3% tomorrow

    Hi babu, 520


  7. harsh Says:
    December 10th, 2009
    Posted at: 12:12 am

    hi karthik,
    you missed my query...can you please answer them


  8. Kartik Says:
    December 10th, 2009
    Posted at: 12:13 am

    Hi harsh, sorry, no, dont enter yet, wait for a week or so. Hold the rest for some more days, they can do well


  9. Mano Says:
    December 10th, 2009
    Posted at: 12:15 am

    Hi Kartik, I came across a gossip that market is held temporarily from correction for the success of the IPOs. How far true? Your view??? Commodities started correction. Crude is moving towards 60 in med-term. How abt Equities?


  10. neiv Says:
    December 10th, 2009
    Posted at: 12:19 am

    Hi CB Sir,

    How do you see sesagoa for tomorrow.... how about its 360 put will it be a good idea to enter this tomorrow... Please suggest it's target also if any.... thank you very much sir you are really doing a very fine job :)


  11. Rahul Says:
    December 10th, 2009
    Posted at: 2:13 am

    Hi Kartik, Why KRBL has 17% shoot up today?


  12. CB Says:
    December 10th, 2009
    Posted at: 3:35 am

    Hi Mano, no.. i dont think so.. one would not invest hugely in nifty for the success of ipos.. it would be cheaper for operators to operate the stock after listing

    Hi neiv, since dollar is down, it will see an upmove tomorrow. dont buy a put of it yet

    Hi Rahul, there was some news on rice.. not really sure of the details.


  13. Akila Says:
    December 10th, 2009
    Posted at: 8:03 am

    Hi CB Good Morning...

    Have been seeing Corprojects fall from 200 to 160 and seeing it climb up now in the last 1 week..... Will it be a good buy at 175 today? what will be maximum upside for intraday/4-5 days?

    Thanks in advance for your reply


  14. Suresh Says:
    December 10th, 2009
    Posted at: 8:23 am

    hi all,

    happy trading....


  15. Suresh Says:
    December 10th, 2009
    Posted at: 8:33 am

    HI CB/Kartik,

    asian market is trading positive can we expect nifty 20-30 ponts upward.


  16. CB Says:
    December 10th, 2009
    Posted at: 8:34 am

    Hi Akila, it has strong resistance around 180-182. dont enter it yet, wait for some time.

    Hi Suresh, happy trading..

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