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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  1. Anil Says:
    December 11th, 2009
    Posted at: 1:32 pm

    CB,

    Europe opened positive 0.40%. What is impact on NIFTY???


  2. abc Says:
    December 11th, 2009
    Posted at: 1:33 pm

    Hi CB,

    What price to expect from GTL infra


  3. sunil Says:
    December 11th, 2009
    Posted at: 1:34 pm

    cb do u expect nifty to bounce back or it would stay flat aftr europe opens


  4. maddy Says:
    December 11th, 2009
    Posted at: 1:34 pm

    CB, Karthik, Pls. advice. Ind-Swift Laboratories Ltd - can i wait to reach the target , bought at 76.65


  5. abc Says:
    December 11th, 2009
    Posted at: 1:34 pm

    Hi CB,

    What closing do you expect for Cox & Kings today


  6. Venkat Says:
    December 11th, 2009
    Posted at: 1:34 pm

    I am surprised that the Global experts say the IIP figures show India is on a accelerated path to growth but the only concern is inflation. How this has impacted the markets - Can any body explain?


  7. laxmi kant Says:
    December 11th, 2009
    Posted at: 1:34 pm

    Hi CB,
    I am long in nifty at 5160, 10 lots. what should i do


  8. preeti Says:
    December 11th, 2009
    Posted at: 1:35 pm

    my friends first trgt of 5120 met..now awaiting 5160


  9. Krishna Says:
    December 11th, 2009
    Posted at: 1:35 pm

    Dear CB....
    as the market corrected ...my losses on 4900PUT and 5000 PUT reduced a bit..(but still in loss)...
    please suggest if I hold on ... considering some confusion raised above on IIP data?


  10. CB Says:
    December 11th, 2009
    Posted at: 1:36 pm

    Hi abc, can see 42 in short term

    Hi sunil, likely to remain flat

    Hi abc, not sure about it

    Hi Venkat, many were expecting better numbers.

    Hi laxmi kant, hold it with sl at 5080. of if possible avg on dips.


  11. CB Says:
    December 11th, 2009
    Posted at: 1:36 pm

    Hi maddy, yes, holdit

    Hi Krishna, hold onto it for some time


  12. Shah Viral Says:
    December 11th, 2009
    Posted at: 1:37 pm

    Nifty 5000 PE tgt in next Week ????

    Thanks..


  13. Akila Says:
    December 11th, 2009
    Posted at: 1:37 pm

    Hi preeti,

    Good!!


  14. Yusuf Says:
    December 11th, 2009
    Posted at: 1:37 pm

    Hi Cb,
    holding IndusInd bank .. what to do ?

    Any stock for short sell? or market may recover?

    Regards,


  15. Murali Says:
    December 11th, 2009
    Posted at: 1:38 pm

    HI CB can we enter bharti airtel at cmp?any stock for short term??


  16. RajeshM Says:
    December 11th, 2009
    Posted at: 1:38 pm

    Hi CB, Can I take the delivery of Electcast and indswift, if it doesn’t meet the target today ? How does it look for short term ?

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