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. lalith Says:
    December 11th, 2009
    Posted at: 1:40 am

    can essar oil see 150 by the end of this month


  2. lalith Says:
    December 11th, 2009
    Posted at: 1:41 am

    holding punj lloyd at 209 avg, jp hydro 76 avg plz suggest


  3. CB Says:
    December 11th, 2009
    Posted at: 1:44 am

    Hi lddgnz, most welcome

    Hi lalith, it has some resistance at 149. above this it can see 155.. continue to hold punj and jp hydro for some time.. they will do well


  4. CB Says:
    December 11th, 2009
    Posted at: 8:33 am

    Hi Chida, hold it for 1-2 days. it will see 365


  5. Chida Says:
    December 11th, 2009
    Posted at: 8:39 am

    Hi CB,

    Thank you.
    What is the target for today?
    I had BOT on exposure.
    If I don't square-off today, then it'll be auctioned tomorrow.


  6. manoharsha Says:
    December 11th, 2009
    Posted at: 8:47 am

    HI CB,

    Good Morning. What about Nifty & suzlons intraday level.Then i am holding primefocus @222.thanks for that call. What is the target?


  7. CB Says:
    December 11th, 2009
    Posted at: 8:53 am

    Hi Chida, it can add 10-12rs today.

    Hi manoharsha, nifty may open 20-25 points higher. hold prime for some time.. can see 250


  8. a.shanmugam Says:
    December 11th, 2009
    Posted at: 8:59 am

    hai cb,Good Morning...i am bought in indusind125@146,andhra [email protected] pl sugg in long term target and get today market mood


  9. CB Says:
    December 11th, 2009
    Posted at: 9:00 am

    Hi a.shanmugam, Good morning.. andhra can see 153 today. andhra can add 2-3rs. markets may remain positive today. move depends on IIP numbers which will be out by 12


  10. manoharsha Says:
    December 11th, 2009
    Posted at: 9:01 am

    Thanks CB


  11. a.shanmugam Says:
    December 11th, 2009
    Posted at: 9:06 am

    cb ,indusind ind .i am hold in long term give me


  12. CB Says:
    December 11th, 2009
    Posted at: 9:07 am

    Hi manoharsha, most welcome

    Hi a.shanmugam, it can see 170


  13. abhi Says:
    December 11th, 2009
    Posted at: 9:12 am

    Good morning CB,can i enter in unitech now for 6 months.Target please?


  14. Chida Says:
    December 11th, 2009
    Posted at: 9:12 am

    Hi CB/Kartik,

    One request.

    Pls mention nifty support & resistance,
    important figures or announcements like IIP data on the top of intraday calls on daily basis.
    It will be of great help to everyone.
    Thanks again to both of you.


  15. sanzy Says:
    December 11th, 2009
    Posted at: 9:14 am

    Can i buy NIFTY 5200 Ce at the opening


  16. CB Says:
    December 11th, 2009
    Posted at: 9:14 am

    Hi abhi, buy it once it crosses 92.. it can head upto 130

    Hi Chida, sure.. shall update.

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