Quotes with Resistance & Support
Market Information

Intraday calls for 11-12-09

Posted on: December 11th, 2009 at 9:12 am

Markets likely to open positive. Resistance for nifty is at 5160-5180. Support is at 5080

Buy Electrosteel Castings Ltd at 46, target: 48.50. Stoploss: 44.90
Buy Ind-Swift Laboratories Ltd at 76.65, target: 80. Stoploss: 74

Update: Markets likely to take queues from the IIP data which will be out at 12pm

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622 Responses

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Comment pages: 181920212223242526Show all

  1. mani Says:
    December 11th, 2009
    Posted at: 12:18 pm

    I AM HOLDING 5000PUT SHOULDI EXIT NOW


  2. Ravi Says:
    December 11th, 2009
    Posted at: 12:19 pm

    Hi CB , RCOM has fallen to 185. My buying price is 188. Wat should I do. Should I exit


  3. Deepak7791 Says:
    December 11th, 2009
    Posted at: 12:21 pm

    Good Afternoon CB

    How has the IIP data come ? Is that the reason that Markets have fallen ? What levels of nifty are expected now?


  4. Nitin Jain Says:
    December 11th, 2009
    Posted at: 12:21 pm

    can we short any share CB ?


  5. RajeshM Says:
    December 11th, 2009
    Posted at: 12:21 pm

    Hi CB, Shorted ICICI at 872 and squared off at 865 :-) - It seems we need to just play the tide here to make some bucks


  6. Bapan Says:
    December 11th, 2009
    Posted at: 12:22 pm

    CB i buy Ansal Housing @ 73.40 what to do now, in zee business they told to buy it with a target of 90 in 15 day as this share is on "broker kay radar per"


  7. babu Says:
    December 11th, 2009
    Posted at: 12:22 pm

    cn how do we see closing today???


  8. CB Says:
    December 11th, 2009
    Posted at: 12:22 pm

    Hi DS, buy some of indswift labs for 2-3 days. can see 82

    Hi swapna, yes hold it

    Hi Amit, try and exit them on rise for now

    Hi RUTHWIK, book partial profits for now

    Hi mani, hold it

    Hi Ravi, keep it for some time.


  9. RajeshM Says:
    December 11th, 2009
    Posted at: 12:23 pm

    Hi CB, Is Berger paint a good buy at 63 for short term ? if so target plz. - thanks


  10. sabir Says:
    December 11th, 2009
    Posted at: 12:23 pm

    Chirag bhai,

    How is europe expected to open?Will it have any impact on market or not?


  11. ss Says:
    December 11th, 2009
    Posted at: 12:23 pm

    i have 5200 call in loss is it hold/exit


  12. Kartheek Says:
    December 11th, 2009
    Posted at: 12:24 pm

    CB, how about nagfert. Can I sell them @ 35 or hold to see 38+ in future?


  13. preeti Says:
    December 11th, 2009
    Posted at: 12:25 pm

    Hi RajeshM, i totally agree...jst play along..cnt really expect it to b unidirectional..it keeps swayin


  14. maddy Says:
    December 11th, 2009
    Posted at: 12:25 pm

    CB, what can i buy icici , relcap , ster ind, telco for intraday


  15. moanto Says:
    December 11th, 2009
    Posted at: 12:26 pm

    CB,

    is it time to short stocks?


  16. sabir Says:
    December 11th, 2009
    Posted at: 12:26 pm

    Hi DS, IIP Data is not bad but markets always go on future expectations and keeping in view of the potential increase in inflation and partial exit of stimulus packages; it is expected that these IIP nos (if continue for another 2-3 months) will not give the desired growth and GDP rate on an annual basis, i.e. a GDP growth rate above 6.5-7.0%.

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