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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. Anil Says:
    December 10th, 2009
    Posted at: 1:31 pm

    Hi All,

    Europe opened flat...


  2. Akila Says:
    December 10th, 2009
    Posted at: 1:35 pm

    CB.........thank you for advising me against shorting geodesic... u have saved me a loss...

    thanks a lot


  3. LP Says:
    December 10th, 2009
    Posted at: 1:39 pm

    pl anyone tell me the LTP of GVKPIL both in NSE and BSE


  4. preeti Says:
    December 10th, 2009
    Posted at: 1:40 pm

    Hi Akila, do u hv any idea of the upside to geodesic??thanx


  5. Akila Says:
    December 10th, 2009
    Posted at: 1:40 pm

    Hi LP,

    49.8 and 49.85


  6. Mano Says:
    December 10th, 2009
    Posted at: 1:40 pm

    Hi LP, 49.75 in both exchanges


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

    Hi LP, 49.85 in nse (acc to religare)


  8. Akila Says:
    December 10th, 2009
    Posted at: 1:42 pm

    Hi preeti,


    NOOOOOO....was about to short it 118.5, didnt expect it would run up so much in one day..
    Rediff blogs say near term target of 130/140... which seems quite possible now


  9. preeti Says:
    December 10th, 2009
    Posted at: 1:43 pm

    Hi Akila, some time back,kartik hd given a buy at 135 for tgt of 150 in geodesic..so i guess,it mgt touch the 135/140 range...


  10. LP Says:
    December 10th, 2009
    Posted at: 1:44 pm

    thanks all of you


  11. vijay Says:
    December 10th, 2009
    Posted at: 1:44 pm

    Hi All... What is the BHARTI AIRTEL target for today ?


  12. Akila Says:
    December 10th, 2009
    Posted at: 1:45 pm

    Hi preeti,

    yes.. looks like...(it pays a lot to keep track of CB n Kartik's tips for a few days and not leave it with just that day)...


  13. preeti Says:
    December 10th, 2009
    Posted at: 1:46 pm

    Hi LP, welcome :)


  14. preeti Says:
    December 10th, 2009
    Posted at: 1:47 pm

    Hi Akila, very true..patience pays...day trading kills..atleast thts been my experience


  15. Don Says:
    December 10th, 2009
    Posted at: 1:48 pm

    Please advice on Dec/Jan outlook for ABAN, bought shares at 1400


  16. ac Says:
    December 10th, 2009
    Posted at: 1:49 pm

    HI CB ..do u think nifty will cross or touch 5150 levels today?

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