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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. SAD Says:
    December 16th, 2009
    Posted at: 2:40 pm

    I have purchased Orchidchem @ 224, its very down wht should I do? :(


  2. CB Says:
    December 16th, 2009
    Posted at: 2:41 pm

    Hi justin, banks are facing selling pressure.

    Hi srinivasan, if intraday then exit from it for now.


  3. nb Says:
    December 16th, 2009
    Posted at: 2:41 pm

    Hi CB, Ok. Thank you!


  4. arun Says:
    December 16th, 2009
    Posted at: 2:41 pm

    what u think of nifty now its below 5060?
    whats the target?


  5. moanto Says:
    December 16th, 2009
    Posted at: 2:42 pm

    Cb,

    can i buy orchid chemicals at cmp? its down almost 10% today


  6. Pranav.M Says:
    December 16th, 2009
    Posted at: 2:42 pm

    Hi CB, Any tgt of MASTEK & zenith computers If i hold for 1 day more?


  7. karthi Says:
    December 16th, 2009
    Posted at: 2:42 pm

    Can i buy 5000PE at 70(Now).Your advice please


  8. deep singh Says:
    December 16th, 2009
    Posted at: 2:42 pm

    sir i have niffty call 5100 @ 93 sell or hold?


  9. CB Says:
    December 16th, 2009
    Posted at: 2:43 pm

    Hi Tanu, no, dont enter it yet

    Hi a.shanmugam, keep sl at 1030 and hold onto it

    Hi SAD, if possible hold for 2-3 days. it will see some bounce. as of now its seeing profit booking

    Hi nb, most welcome

    Hi arun, as of now no call on nifty. weakness will come in once it breaks 5000.


  10. arun Says:
    December 16th, 2009
    Posted at: 2:44 pm

    u think it will come near?
    tks


  11. HARSHIT Says:
    December 16th, 2009
    Posted at: 2:45 pm

    HI CB,,
    HOLDING IFCI CA 55 DEC..
    SHUD I HOLD MORE...???


  12. CB Says:
    December 16th, 2009
    Posted at: 2:45 pm

    Hi moanto, not yet

    Hi Pranav.M, yes, hold them. can add 2%,.

    Hi karthi, not yet

    Hi deep singh, hold with sl at 5000

    Hi Yusuf, as of now no new call.


  13. CB Says:
    December 16th, 2009
    Posted at: 2:46 pm

    Hi arun, not really sure

    Hi HARSHIT, dont add more. as of now hold it.


  14. Chandrika Says:
    December 16th, 2009
    Posted at: 2:47 pm

    Hi Cb

    Can I buy ivrclinfra @340. Pls suggest for three days


  15. CB Says:
    December 16th, 2009
    Posted at: 2:47 pm

    Hi Chandrika, it can see 352.


  16. Chandrika Says:
    December 16th, 2009
    Posted at: 2:48 pm

    Hi Cb

    can You suggest me to buy for three days?

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