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. Sidharth Says:
    December 10th, 2009
    Posted at: 2:32 pm

    cb, have avon corp @ 9.02...whAT do u think..?


  2. Nascar Says:
    December 10th, 2009
    Posted at: 2:32 pm

    Hi CB!!!!

    Please suggest me about gpil ...where it can head in short term.....
    Can I purchase Satyam @ CMP...
    Thanx......


  3. Suresh Says:
    December 10th, 2009
    Posted at: 2:33 pm

    CB Sir,

    still can we hold 5000 PE OR GO FOR LOSS MAKING?


  4. Simmi Says:
    December 10th, 2009
    Posted at: 2:35 pm

    Hi CB,
    Ur view on Tanla Solutions For short tem ?


  5. Nitin Jain Says:
    December 10th, 2009
    Posted at: 2:37 pm

    CB Why abgshipyard, andhra bank and amtek auto is not moving at all :(


  6. Geetha Says:
    December 10th, 2009
    Posted at: 2:37 pm

    I bought HCL Tech 200@357, still holding. but there is no good move in this stk, if i hold this stk for 1/2 days, what will be the target.
    Can i buy Bajaj hind @cmp for intra day


  7. PK Says:
    December 10th, 2009
    Posted at: 2:38 pm

    kingfisher trading at around 60 since couple of days. Shall i hold or exit? short term target?


  8. CB Says:
    December 10th, 2009
    Posted at: 2:38 pm

    Hi sailaja, around 65 in a month. hold it

    Hi Anil, buy 5200 call above 5160

    Hi Sidharth, keep it for short term.. can see 10.50

    Hi Nascar, buy satyam in small quanitty.. not sure of gpil

    Hi Suresh, yes, keep strict sl at 5160


  9. Shekar Says:
    December 10th, 2009
    Posted at: 2:39 pm

    Hi CB i have Manaksia at 97. What to do??? Hold or sell? What will be the Target???


  10. CB Says:
    December 10th, 2009
    Posted at: 2:39 pm

    Hi Simmi, it has some resistance at 65 above this it will do well

    Hi Geetha, hold it till tomorrow. it will see 365.. IT stocks seem to be flat today


  11. ac Says:
    December 10th, 2009
    Posted at: 2:40 pm

    Hi CB Pl tell what point do u think nifty will close today?


  12. Suresh Says:
    December 10th, 2009
    Posted at: 2:40 pm

    THANKS CB


  13. Yusuf Says:
    December 10th, 2009
    Posted at: 2:40 pm

    Hi CB,
    Can i buy IndusInd bank now its 147.35 .. its already 7% up?


  14. moanto Says:
    December 10th, 2009
    Posted at: 2:41 pm

    Cb,

    should i continue to hols andhra bank? its is almost dead for past 2 days


  15. CB Says:
    December 10th, 2009
    Posted at: 2:42 pm

    Hi Nitin Jain, keep them for some time..they will do well. as of now most of the action is in index futures only

    Hi PK, hold it..can see 64

    Hi Shekar, hold it for some time

    Hi ac, around 5130-5150


  16. CB Says:
    December 10th, 2009
    Posted at: 2:42 pm

    Hi Suresh, most welcome.

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