Quotes with Resistance & Support
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Intraday calls for 14-12-09

Posted on: December 14th, 2009 at 9:23 am

Markets likely to open slightly lower. Nifty has strong support at 5050.

If markets show recovery later during the day, buy:
Buy Nelcast at 64-64.85, target: 67.50. Stoploss: 63
Buy Bajaj Auto at 1710-1725, target: 1755. Stoploss: 1700

Trade in small quantities.

1.38pm – buy BALMER LAWRIE & CO LTD at cmp 550, target: 565. Stoploss: 542

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487 Responses

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  1. Kranthi Says:
    December 14th, 2009
    Posted at: 1:40 pm

    CB / Kartik Sir,

    I hold GVKPOWER, NAVNEET Publications, AndhraBank are are trading in negative.
    Currently holding all the shares with 10% loss.

    Please advice, whether to exit / Accumulate / hold ??
    How much time will it take to get 10% profits.

    Thanks,
    Kranthi.


  2. Akila Says:
    December 14th, 2009
    Posted at: 1:41 pm

    CB...pl tell why LIC alone is moving down n down? what is stop loss? i have @ 836 and unable to exit...just watching it go down..


  3. Yusuf Says:
    December 14th, 2009
    Posted at: 1:41 pm

    Hi Raja, WC


  4. PG Says:
    December 14th, 2009
    Posted at: 1:42 pm

    This is intraday caal (BALMER) ?


  5. CB Says:
    December 14th, 2009
    Posted at: 1:42 pm

    Hi Kranthi, hold onto them for a months time. if possible avg them if nifty comes down to 5000. fundamentally they are strong bets

    Hi Akila, it is seeing some selling pressure. hold it for some time.


  6. CB Says:
    December 14th, 2009
    Posted at: 1:42 pm

    Hi PG, yes.


  7. Angana Says:
    December 14th, 2009
    Posted at: 1:43 pm

    Hi CB, is balmer call intraday?


  8. sanzy Says:
    December 14th, 2009
    Posted at: 1:43 pm

    can i go long in RIL now 1095 Ce


  9. sathya Says:
    December 14th, 2009
    Posted at: 1:43 pm

    what is your view on 5000 put bought at 100 and 5100 put bought at 14

    cmp
    5100 put 99
    5000 put 58


  10. Anil Says:
    December 14th, 2009
    Posted at: 1:43 pm

    CB,

    How is IDBI looking? Can i buy 130 CA?


  11. Ankush Says:
    December 14th, 2009
    Posted at: 1:44 pm

    Hi CB,

    Can LICHSGFIN be bought at CMP?


  12. CB Says:
    December 14th, 2009
    Posted at: 1:44 pm

    fyi - FII's today bought Reliance ind, jp assoc, gujrat nre and sold Bharti Airtel


  13. CB Says:
    December 14th, 2009
    Posted at: 1:45 pm

    Hi sanzy, go long if nifty crosses 5180

    Hi sathya, hold them with strict sl at 5180

    Hi Anil, dont enter it yet

    Hi Ankush, not yet


  14. Yusuf Says:
    December 14th, 2009
    Posted at: 1:45 pm

    Hi CB,
    IndusInd Bank is at 144... it recovered from 137 .. gr8 view.. at what price whould i keep for same/
    Regards,


  15. sudhir Says:
    December 14th, 2009
    Posted at: 1:47 pm

    hi cb what is the upside tgt of aban off? thanks.


  16. sanzy Says:
    December 14th, 2009
    Posted at: 1:47 pm

    will NIFTY cross 5180 in a day or 2...wat's ur view...

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