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

    sir i have satyam camp for intraday at100rs can i hold or exit


  2. ravikanth Says:
    December 16th, 2009
    Posted at: 1:24 pm

    sir is market geting suport here at cmp


  3. shrikanth Says:
    December 16th, 2009
    Posted at: 1:25 pm

    Hi Karthik, I have 50 TCS @703 from a month. Now it is 707. Shall I sell TCS @cmp or hold.
    If you markets can go down then I can buy at lower price again.


  4. HARSHIT Says:
    December 16th, 2009
    Posted at: 1:25 pm

    HI KARTIK..
    HOLDING IFCI 55CA.. DEC
    SHUD I HOLD AS A BOUNCE IS LIKELY...??


  5. Bapan Says:
    December 16th, 2009
    Posted at: 1:26 pm

    Kartik i have ansal housing @ 73.4 its comming down day by day, what to do now please suggest


  6. Kartik Says:
    December 16th, 2009
    Posted at: 1:30 pm

    Hi moanto, sorry, no dont enter it yet, wait for some more time

    Hi deep singh, no

    Hi ganga, hold it for some more time

    Hi ravikanth, no, it seems to take a pause at current levels, strong support at 5000 levels

    Hi shrikanth, it would be better to hold it and then avg it out on dips as its a good bet for Short term, and can give decent returns

    Hi Bapan, Realty stocks are likely to do well in Long term, hold it for some more time, it can do well


  7. manoharsha Says:
    December 16th, 2009
    Posted at: 1:30 pm

    Hi friends ,

    how european markets opening?


  8. Kartik Says:
    December 16th, 2009
    Posted at: 1:30 pm

    Hi HARSHIT, hold it with a SL at 5000 on Nifty


  9. LP Says:
    December 16th, 2009
    Posted at: 1:30 pm

    Hi Kartik,

    is there any chance the rate of gold to come down? and which one is better for investment goldbees, utigold,relgold,sbigets r quantum gold


  10. Kartik Says:
    December 16th, 2009
    Posted at: 1:31 pm

    Hi LP, sorry not tracking commodities


  11. murali Says:
    December 16th, 2009
    Posted at: 1:31 pm

    hi Kartik can we enter chambal at cmp?


  12. Shekar Says:
    December 16th, 2009
    Posted at: 1:32 pm

    Hi Karthik i hold polaris at 181. Can i wait for short term. What will be the target???


  13. Anil Says:
    December 16th, 2009
    Posted at: 1:32 pm

    Hi All,

    Europe opened 0.10 positive...


  14. Kartik Says:
    December 16th, 2009
    Posted at: 1:32 pm

    Hi murali, no, wait for some time


  15. manoharsha Says:
    December 16th, 2009
    Posted at: 1:33 pm

    Thanks Anil


  16. Nalla Says:
    December 16th, 2009
    Posted at: 1:33 pm

    I think europians r in Green

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