Quotes with Resistance & Support
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Intraday calls for 10-12-09

Posted on: December 10th, 2009 at 9:19 am

Markets likely to see a flat opening. Intraday support for nifty is at 5090 and resistance at 5160

Buy Texmaco Ltd at 141.65, target: 149. Stoploss: 137
Buy Lakshmi Energy & Foods Ltd at 147.15, target: 154. Stoploss: 142

Trade in small quantities considering market volatility. As I am updating these calls Asian markets are seeing some selling pressure. In case nifty sees a gap down opening, buy these stocks on dips with adjusted stoplosses.

Update: After Dubai, financial crises seems to be spreading in Greece and Spain

2.15pm – intraday cum btst – buy indusind bank in small quantity at cmp 146.80 target: 153. stoploss: 143

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676 Responses

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  1. chandu Says:
    December 10th, 2009
    Posted at: 9:23 am

    good morning cb & all cb interday mai nifty 5200 touch kar sakta hai kya or use bhi uper ja sakta hai kya . cb aap kya lagta hai aaj interday mai plz fast reply me


  2. CB Says:
    December 10th, 2009
    Posted at: 9:24 am

    Hi chandu, if nifty breaks 5090 we can see 5060. on the upside strong resistance at 5160, above this it can see 5250


  3. Amit Says:
    December 10th, 2009
    Posted at: 9:25 am

    Good Morning CB
    Ur views on Hexaware today?


  4. yunus khan Says:
    December 10th, 2009
    Posted at: 9:25 am

    hi c.b any view in nifty


  5. CB Says:
    December 10th, 2009
    Posted at: 9:26 am

    Hi Amit, above 102, it can see 106


  6. CB Says:
    December 10th, 2009
    Posted at: 9:26 am

    Hi yunus khan, support is around 5090 and resistance at 5160


  7. Amit Says:
    December 10th, 2009
    Posted at: 9:27 am

    Hi CB,
    Ur views on Hexaware today?


  8. CB Says:
    December 10th, 2009
    Posted at: 9:27 am

    Hi chandu, ok thanks..


  9. MONTY Says:
    December 10th, 2009
    Posted at: 9:27 am

    hey kartik n cb .............GUDDDDDDDDDDDD MORN9ING


  10. CB Says:
    December 10th, 2009
    Posted at: 9:28 am

    Hi MONTY, Good morning..


  11. CB Says:
    December 10th, 2009
    Posted at: 9:29 am

    Hi Amit, it has reisstance at 102, above this it can see 106


  12. shrikanth Says:
    December 10th, 2009
    Posted at: 9:29 am

    Hi CB, When is the right time and price to invest in M&M for 1-2 months horizon?


  13. CB Says:
    December 10th, 2009
    Posted at: 9:29 am

    Hi shrikanth, not yet..wait for some dip.


  14. chandu Says:
    December 10th, 2009
    Posted at: 9:29 am

    Nifty Future: (5125) Consider 5090 a crucial support, keep stop loss of 5070 to your buys.
    Upward side crossover above 5151 it'll spurt up to 5189 & 5212.
    Downward side break below 5070 it'll fall down to 4996.


  15. CB Says:
    December 10th, 2009
    Posted at: 9:30 am

    Hi chandu, ok.. sgx seems to be indicating a opening below 5090


  16. Shah Viral Says:
    December 10th, 2009
    Posted at: 9:31 am

    Hello sir,
    Good Morning..
    What's think About the Market this week ??

    Thanks..

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