Quotes with Resistance & Support
Market Information

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. Anil Says:
    December 16th, 2009
    Posted at: 1:43 pm

    Karthik,

    Already bought IDBI 120 PA @ 2.25 and SAIL 210 CA @ 7.00. Pls advise.


  2. ganga Says:
    December 16th, 2009
    Posted at: 1:43 pm

    sir whr can i get 5day high and 5day lows of a stock


  3. Kartik Says:
    December 16th, 2009
    Posted at: 1:44 pm

    Hi harsh, banking stocks seem to face some selling pressure, dont enter it now, wait for it to see some consolidation

    Hi Anil, keep a tight SL at 5000 on Nifty and hold it

    Hi ganga, try viewing it in charts here


  4. Anil Says:
    December 16th, 2009
    Posted at: 1:47 pm

    Thanks Karthik..


  5. vijay Says:
    December 16th, 2009
    Posted at: 1:48 pm

    Hi, Kartik, I am Holding HINDUNILVR DECEMBER 290 CA @ 5.70. WHAT SHOULD I DO.


  6. deep singh Says:
    December 16th, 2009
    Posted at: 1:49 pm

    can i buy reliance indus ?


  7. Hema Says:
    December 16th, 2009
    Posted at: 1:54 pm

    Hi Kartik & CB, Where do you think the market will go (up/Down) from this level?


  8. ravikanth Says:
    December 16th, 2009
    Posted at: 1:54 pm

    sir can i enter into a call now


  9. tushar Says:
    December 16th, 2009
    Posted at: 1:55 pm

    what is tgt for axis bank today?


  10. Kartik Says:
    December 16th, 2009
    Posted at: 1:56 pm

    Hi vijay, hold it for some more time

    Hi deep singh, no, dont enter now

    Hi Hema, likely to be flat for the next 1-2 days, then we might see some downside

    Hi ravikanth, no, dont enter yet


  11. wow Says:
    December 16th, 2009
    Posted at: 1:56 pm

    Hi Kartik,
    miNifty @5039, shall i keep holding it till expiry ?
    if quit, at what level ?
    what can be the deep stoploss level ?


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

    Hi tushar, not sure abt it


  13. Kartik Says:
    December 16th, 2009
    Posted at: 1:58 pm

    Hi wow, keep a SL at 5000 and hold


  14. LP Says:
    December 16th, 2009
    Posted at: 1:58 pm

    Nikkei up nearly 1%, Hang Sang dn 0.9%, Dow and Nasdaq Fut up 0.2% each. European mkt up 0.2% each, Base metal price on LME up 0.5% each, Oil up nearly 1% at $71 and Rupee appreciated 3bps


  15. deep singh Says:
    December 16th, 2009
    Posted at: 1:58 pm

    sir I have a idbi call 130 @ 3.90 sell of hold?


  16. wow Says:
    December 16th, 2009
    Posted at: 1:58 pm

    Hi Kartik,
    thanks :)

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