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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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  1. satpal Says:
    December 16th, 2009
    Posted at: 11:51 am

    Hi Cb I short today Idea Future @ 56.8 what do in it


  2. eliot Says:
    December 16th, 2009
    Posted at: 11:51 am

    Can i buy Lakshmi energy and food @ cmp.


  3. CB Says:
    December 16th, 2009
    Posted at: 11:51 am

    Hi satpal, would advice to exit from it for now.


  4. manoharsha Says:
    December 16th, 2009
    Posted at: 11:52 am

    HI CB, Is any chances for nifty to come below 5000 based on global markets?


  5. CB Says:
    December 16th, 2009
    Posted at: 11:52 am

    Hi eliot, not yet. wait for some time.


  6. moanto Says:
    December 16th, 2009
    Posted at: 11:53 am

    Cb,

    do you expect any upside bounce in nifty from here?


  7. CB Says:
    December 16th, 2009
    Posted at: 11:53 am

    Hi manoharsha, today we may remain flat after yesterdays fall. lets see.


  8. eliot Says:
    December 16th, 2009
    Posted at: 11:53 am

    what i buy today?


  9. satpal Says:
    December 16th, 2009
    Posted at: 11:54 am

    Hi CB in IDEA future I short it @ 59.8 Can I Book loss and Buy it again


  10. CB Says:
    December 16th, 2009
    Posted at: 11:54 am

    Hi moanto, not much, we may remain flat

    Hi eliot, buy some of asian paints.


  11. Bala Says:
    December 16th, 2009
    Posted at: 11:55 am

    right time to buy LITL or ibrealest for a month or 2 months ?


  12. shiva Says:
    December 16th, 2009
    Posted at: 11:55 am

    CB,

    what market is upto?? likely to breach 5000? or bounce back from here??


  13. Chandrika Says:
    December 16th, 2009
    Posted at: 11:55 am

    Hi Cb

    Can i buy indswift for three today @73?PLs suggest


  14. CB Says:
    December 16th, 2009
    Posted at: 11:55 am

    Hi satpal, dont enter it again.

    Hi Bala, not yet

    Hi shiva, likely to remain flat for now


  15. CB Says:
    December 16th, 2009
    Posted at: 11:56 am

    Hi Chandrika, not yet


  16. MANI Says:
    December 16th, 2009
    Posted at: 11:57 am

    i bought satyam 103 @300shares for intraday . what is the stop loss should i keep . its going down ?

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