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: 111213141516171819Show all

  1. CB Says:
    December 16th, 2009
    Posted at: 11:29 am

    Hi RUTHWIK, wait till tomorrow.


  2. manoharsha Says:
    December 16th, 2009
    Posted at: 11:29 am

    Hi CB, My broker gave me a call in suzlon to short @78 for target 76. Can i hold or book loss? I am trapped.


  3. CB Says:
    December 16th, 2009
    Posted at: 11:29 am

    Hi Krishna, not yet

    Hi raj, hold it for a months time. can see 125. if possible add on dips.


  4. CB Says:
    December 16th, 2009
    Posted at: 11:30 am

    Hi manoharsha, exit for now. and short again once nifty breaks 5000


  5. RUTHWIK Says:
    December 16th, 2009
    Posted at: 11:30 am

    O.K CB. thank u
    bought ttk @401 yesterday. can I hold it for 430/440 target this week or sell on rise. pls suggest.


  6. CB Says:
    December 16th, 2009
    Posted at: 11:31 am

    buy asian paints at cmp 1747 target 1770 sl 1737


  7. manoharsha Says:
    December 16th, 2009
    Posted at: 11:32 am

    Thanks CB.


  8. raj Says:
    December 16th, 2009
    Posted at: 11:33 am

    Hi CB, thanx


  9. Geetha Says:
    December 16th, 2009
    Posted at: 11:33 am

    asian paints is it for intra day


  10. H S MEHTA Says:
    December 16th, 2009
    Posted at: 11:35 am

    holding long ashok leyland future two lots @52.75. also holding ifci future@54. holding nifty 4900 put @60. what to do?


  11. ankurpalan Says:
    December 16th, 2009
    Posted at: 11:36 am

    Hi CB, should i buy bank nifty rite now ......???? and how about the 4800 put bought it at 34 can i round it off and re enter at lower cost or should i hold and wait for the target of 55 suggested by kartik .....


  12. HARSHIT Says:
    December 16th, 2009
    Posted at: 11:36 am

    HI CB
    TARGET FOR IFCI PLZ....???


  13. Geetha Says:
    December 16th, 2009
    Posted at: 11:36 am

    can i buy asian paints 25@cmp, is it safe for intra day


  14. abs Says:
    December 16th, 2009
    Posted at: 11:38 am

    hello cb, is elantas beck a buy call? currently @ 417, de-listing in January..

    it says;"The Shareholders and the Managing Directors of the Promoter have vide its resolution dated December 04, 2009, approved a price not exceeding Rs. 330 per equity share for the Delisting Offer. However, this should in no way be construed as (i) a ceiling or maximum price for the purposes of the RBP contemplated herein, and the Public Shareholders are free to tender their equity shares at any price higher than the Floor Price; or (ii) a commitment by the Promoter to purchase 907,366 equity shares of the Company if the Discovered Price is Rs. 330 or less; or (iii) any restriction on the ability of the Board of Directors of the Promoter to modify the aforesaid resolution.


  15. abc Says:
    December 16th, 2009
    Posted at: 11:40 am

    Hi CB,

    Holding Divis Labs @672 now 648 and TV18 @82 now 84 and Varun Industries @151 now 146. shall I hold or sell off


  16. CB Says:
    December 16th, 2009
    Posted at: 11:41 am

    Hi RUTHWIK, hold it..it looks strong

    Hi manoharsha, most welcome

    Hi raj, most welcome

    Hi Geetha, yes

    Hi H S MEHTA, keep them for a months time. hold 4900 put with sl at 5060. ifci could show a upmove anytime depending on the take over news.

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