Quotes with Resistance & Support
Market Information

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. CB Says:
    December 14th, 2009
    Posted at: 2:18 pm

    Hi Sidharth, dont enter it now. enter if it comes down to 220


  2. Subramania siva Says:
    December 14th, 2009
    Posted at: 2:19 pm

    Hi CB,
    I have short position in Dena Bank. What is the intraday low level?


  3. CB Says:
    December 14th, 2009
    Posted at: 2:20 pm

    Hi Nik, its a hold.


  4. RajeshM Says:
    December 14th, 2009
    Posted at: 2:23 pm

    Oops.. that is a sudden drop !!


  5. CB Says:
    December 14th, 2009
    Posted at: 2:23 pm

    Hi Subramania siva, hold it. can come down by couple of rs.


  6. CB Says:
    December 14th, 2009
    Posted at: 2:23 pm

    Hi RajeshM, yep


  7. manoharsha Says:
    December 14th, 2009
    Posted at: 2:25 pm

    Hi CB, why this sudden drop?


  8. Shekar Says:
    December 14th, 2009
    Posted at: 2:25 pm

    Hi CB can i know the TARGETS of HIKAL, MANAKSIA & POLARIS for SHORT TERM???


  9. ankurpalan Says:
    December 14th, 2009
    Posted at: 2:26 pm

    Hi CB, balmer hold or round off ...market seem to be comming down


  10. CB Says:
    December 14th, 2009
    Posted at: 2:27 pm

    Hi manoharsha, not sure.

    Hi Shekar, they can add 7-10%..technically looking good.


  11. Shekar Says:
    December 14th, 2009
    Posted at: 2:28 pm

    Thank u very much CB :)


  12. CB Says:
    December 14th, 2009
    Posted at: 2:29 pm

    Hi ankurpalan, hold it for some time.

    Hi suzane, yes, selling pressure in markets is coming in.keep sl at 342


  13. manoj Says:
    December 14th, 2009
    Posted at: 2:30 pm

    HI CB ,
    I have 1000 shares of austral coke at 7.65.What is future of this stock.kindly suggest


  14. Piyush Says:
    December 14th, 2009
    Posted at: 2:31 pm

    Hi CB ……I want to know what is the target of IDBI Bank for this week….. i have this stock @138 and now it is around 130….what should i do ?


  15. CB Says:
    December 14th, 2009
    Posted at: 2:33 pm

    Hi Shekar, most welcome

    Hi manoj, it can add 15-20%. hold it

    Hi Piyush, hold it. if possible avg if nifty comes dwon to 5000. it will do well


  16. RajeshM Says:
    December 14th, 2009
    Posted at: 2:35 pm

    hi CB, It seems a free fall.. will there be a recovery today ?!

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