Quotes with Resistance & Support
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Intraday calls for 16-12-09

Posted on: December 16th, 2009 at 9:14 am

Markets likely to open flat. Nifty has resistance at 5060

Buy Spice Mobiles at 31.5, target: 33. Stoploss: 30.80
Buy Greenply Industries at 130.85, target: 137. Stoploss: 127.50

Trade in small quantity considering market weakness.

11.34pm – buy asian paints at cmp 1747 target 1770 sl 1737

3.05pm – btst- continue to hold asian paints with sl at 1758 for a target fo 1790-1800

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598 Responses

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Comment pages: 101112131415161718Show all

  1. CB Says:
    December 16th, 2009
    Posted at: 11:21 am

    Hi ankurpalan, not yet

    Hi RK, it is finding some support near 50dma at 5000. below this we can see 4950. hold it for some time

    Hi lakshmi, would advice to wait for some time. markets are directionless.


  2. Geetha Says:
    December 16th, 2009
    Posted at: 11:21 am

    I booked loss in Orchid. Can i buy Praj Ind @cmp for 1/2 rs intra day trade


  3. fouzan Says:
    December 16th, 2009
    Posted at: 11:22 am

    hello cb sir

    i have aban at 1247 please tell me when it will reach my amout

    i dont have cash for trading

    or shall i book loss


  4. CB Says:
    December 16th, 2009
    Posted at: 11:22 am

    Hi varun soni, around 330-335


  5. santhosh Says:
    December 16th, 2009
    Posted at: 11:23 am

    CB, i have dirtied my leg into NHPC and Indiabulls power sectors IPO’s. When do u think i can recover?


  6. ankurpalan Says:
    December 16th, 2009
    Posted at: 11:23 am

    Hi CB, at what rate should i short bank nifty then


  7. CB Says:
    December 16th, 2009
    Posted at: 11:23 am

    Hi Geetha, ok. no, dont enter praj yet


  8. arun Says:
    December 16th, 2009
    Posted at: 11:23 am

    hi sir what u think of jindal saw?


  9. Divya Says:
    December 16th, 2009
    Posted at: 11:23 am

    CB, any good script low value for a months time...


  10. gayathri Says:
    December 16th, 2009
    Posted at: 11:24 am

    hi cb good mornig

    wat ur view on nifty today


  11. CB Says:
    December 16th, 2009
    Posted at: 11:25 am

    Hi fouzan, it has strong support lower around 1120. hold it for 2-3 days.should see some bounce

    Hi santhosh, if you can hold them for 2-3 months, some upmove is likely. hold onto them. they are fundamentally strong

    Hi ankurpalan, wait for some upmove. 100-150 points

    Hi arun, dont enter it yet. looks weak.


  12. Ravi Says:
    December 16th, 2009
    Posted at: 11:26 am

    Hi CB/Kartik, I have short selled ICICI at 820 but now it is moving upwards. Wat should I do. Will it come down and upto wat level. Also suggest should I exit or hold


  13. CB Says:
    December 16th, 2009
    Posted at: 11:26 am

    Hi Divya, as of now none

    Hi gayathri, likely to remain flat. support at 5000

    Hi Ravi, hold it with sl at 854. its seeing a small pull back


  14. RUTHWIK Says:
    December 16th, 2009
    Posted at: 11:27 am

    Hi CB,
    can I buy andhrabank at 102 levels, to avg my holdings @115.80. pls suggest.


  15. Krishna Says:
    December 16th, 2009
    Posted at: 11:28 am

    Dear CB...can I buy Tata Motors 680PA?


  16. raj Says:
    December 16th, 2009
    Posted at: 11:28 am

    Hi CB, plz advice on gulfoilcor i hv @111.5 for st book loss now

Comment pages:101112131415161718Show all

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