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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Comment pages: 242526272829303132Show all

  1. CB Says:
    December 16th, 2009
    Posted at: 2:49 pm

    Hi Chandrika, as of now no short term call


  2. ARIJIT DAS Says:
    December 16th, 2009
    Posted at: 2:49 pm

    HI CB,
    WHAT TO DO WITH THE PUTS? STILL A HOLD?


  3. HARSHIT Says:
    December 16th, 2009
    Posted at: 2:50 pm

    HI CB..
    MARKETS R SEEEING STRONG BUYING INTEREST SPECIALLY IN BANK COUNTERS..
    SO WAT SHUD B THE NXT MOVE FOR NIFTY


  4. friend Says:
    December 16th, 2009
    Posted at: 2:50 pm

    hello cb asian paints almost 5rs. variation between buy and sell is it for intraday


  5. shipra Says:
    December 16th, 2009
    Posted at: 2:51 pm

    hi cb plz ans my query


  6. preeti Says:
    December 16th, 2009
    Posted at: 2:51 pm

    Hi CB, m holdin dr reddy at 1150..its trading near my buy price..shld i exit and buy later at dips??


  7. Ajit Says:
    December 16th, 2009
    Posted at: 2:51 pm

    btst ==may i buy ge shipping?


  8. ravikanth Says:
    December 16th, 2009
    Posted at: 2:52 pm

    sir wat is going on in mrkt sir........frm whr buying is coming......i thnk this is a fake upmove.....due 2 europe mrkt opens in +ve


  9. CB Says:
    December 16th, 2009
    Posted at: 2:53 pm

    Hi ARIJIT DAS, exit if nifty trades above 5060 for some time

    Hi HARSHIT, not really sure. it could be a bounce after yesterdays fall

    Hi friend, yes, was intraday. its a low volume stock

    Hi shipra, i dont see it above. can you please post again

    Hi preeti, hold onto it for some time.

    Hi Ajit, not sure about this one.


  10. CB Says:
    December 16th, 2009
    Posted at: 2:54 pm

    Hi ravikanth, maybe some short covering since european markets are positive.


  11. ramesh Says:
    December 16th, 2009
    Posted at: 2:55 pm

    cb,

    tatasteel 580 ca a buy @ 9.7 for tgt 12??


  12. wow Says:
    December 16th, 2009
    Posted at: 2:55 pm

    Hi CB,
    can i go short on nifty now sir ?


  13. ankurpalan Says:
    December 16th, 2009
    Posted at: 2:56 pm

    Hi CB, shall i book loss in 4800 put


  14. CB Says:
    December 16th, 2009
    Posted at: 2:56 pm

    Hi friend, ok thanks

    Hi ramesh, not yet

    Hi wow, yes. sl 5060


  15. Yusuf Says:
    December 16th, 2009
    Posted at: 2:56 pm

    Hi CB,
    Dr reddy is almost at my purchase price .. right from low of 1077 to today 1155... gr8 run ..

    so whats ur suggestion exit or hold?


  16. CB Says:
    December 16th, 2009
    Posted at: 2:56 pm

    Hi ankurpalan, keep it till tomorrow.

    Hi Yusuf, hold it. should do well.

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