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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  1. Arasu Says:
    December 16th, 2009
    Posted at: 12:57 pm

    shorted bank nifty @ 8720.. pls advice


  2. Niftywave Says:
    December 16th, 2009
    Posted at: 12:58 pm

    what are the targets for manjushre/bse


  3. murali Says:
    December 16th, 2009
    Posted at: 12:58 pm

    hi kartik can we enter gvk power at cmp?/wat is its short term target


  4. Vasanth Says:
    December 16th, 2009
    Posted at: 12:58 pm

    Hi CB,

    Could you pls let me know some good stocks for intraday..


  5. Anjali Says:
    December 16th, 2009
    Posted at: 12:59 pm

    u r view on BACF........


  6. Ashok Says:
    December 16th, 2009
    Posted at: 1:00 pm

    Hi Kartik,

    Mkt is showing recovery. Im still holding 5000 PE

    Shud i hold or exit at CMP


  7. Piyush Says:
    December 16th, 2009
    Posted at: 1:00 pm

    Hi Kartik......can i have an approximate target of IDBI at till month end ?

    I have IDBI shares @138 ...but now its around 126....what should i do ? if hold then for how much time i have to wait ?


  8. Jay Says:
    December 16th, 2009
    Posted at: 1:02 pm

    Hi CB.. what to do with 5000 put bought at 127 ? still hold ? i heard today's closing is crucial ..wht u say ?


  9. shrikanth Says:
    December 16th, 2009
    Posted at: 1:03 pm

    Hi Karthik, Shall I buy Asian Paints now? @ 1758


  10. Manoj Says:
    December 16th, 2009
    Posted at: 1:04 pm

    Hi Jay, why is todays closing crucial?


  11. Kartik Says:
    December 16th, 2009
    Posted at: 1:10 pm

    Hi PK, likely to be flattish

    Hi vishnuteerth, book 50% profits and hold the rest of Short term

    Hi Venkat, yes

    Hi MANI, keep a SL at 102 and hold it

    Hi Bala, enter them 10% lower from CMP

    Hi srinivasan, hold it for Short term, it can do well

    Hi Arasu, hold it for some time

    Hi Niftywave, not sure abt it

    Hi Vasanth, as of now none, Shall let you knw in some time

    Hi murali, you can enter GVK, but dont enter it at CMP, wait for a dip in it

    Hi Ashok, hold it for some more time

    Hi Piyush, hold it for some more days, it can do well

    Hi shrikanth, enter above 1760

    Hi Jay, yes, hold it, if we close below 5000, we could see some more downsdie


  12. Jay Says:
    December 16th, 2009
    Posted at: 1:17 pm

    Hi Manoj, CB has just answered the same what I wanted to tell


  13. moanto Says:
    December 16th, 2009
    Posted at: 1:18 pm

    Karthik,

    you didnt answer my query on Orchid Chemicals... its buy now ?


  14. Ravi Says:
    December 16th, 2009
    Posted at: 1:19 pm

    Hi CB, I have bought TATA Motors at 705. wat is the target for intraday


  15. deep singh Says:
    December 16th, 2009
    Posted at: 1:20 pm

    sir can i buy sbi in cmp?


  16. preeti Says:
    December 16th, 2009
    Posted at: 1:22 pm

    religare server workin for anyone??

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