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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: 293031323334353637Show all

  1. Ajit Says:
    December 16th, 2009
    Posted at: 3:27 pm

    movement senn in arvind and candle on closing seems to be a reversal --- i am buying in small quantity


  2. CB Says:
    December 16th, 2009
    Posted at: 3:28 pm

    Hi ankurpalan, may be flat tomorrow.

    Hi Ajit, ok..


  3. Jay Says:
    December 16th, 2009
    Posted at: 3:28 pm

    Hi CB,,, shud i hold 5K put for tomoor w? nifty closing looks flat ?


  4. CB Says:
    December 16th, 2009
    Posted at: 3:31 pm

    Hi Jay, yes. hold it.


  5. Angana Says:
    December 16th, 2009
    Posted at: 3:31 pm

    Hi CB, As nifty has closed at 5056.20 can we expect some upmove in comming days?


  6. uniyal Says:
    December 16th, 2009
    Posted at: 3:32 pm

    Hi CB why Orchid Chemical is down 11%. I have 100 @ 210/- should i hold till tomorrow or sell on tomorrow. What will be the target for tomorrow will it touch again 210-215 or not. Plz advise.


  7. brahan Says:
    December 16th, 2009
    Posted at: 3:33 pm

    Hi Karthik wt abt the mraket for coming 2 days


  8. CB Says:
    December 16th, 2009
    Posted at: 3:33 pm

    Hi Angana, if global markets are good, we may see some upmove. technically this close does not mean much

    Hi uniyal, it saw profit booking today after the good news. keep it for a week. its likely to bounce back.


  9. Ankush Says:
    December 16th, 2009
    Posted at: 3:34 pm

    Hi CB,

    IndusIndBnk closed below 140. Holding @ 146. Still a hold or exit?


  10. CB Says:
    December 16th, 2009
    Posted at: 3:34 pm

    Hi Ankush, likely to remain flat. would turn weak if nifty breaks 5000.


  11. CB Says:
    December 16th, 2009
    Posted at: 3:34 pm

    Hi Ankush, hold onto it.


  12. joseph Says:
    December 16th, 2009
    Posted at: 3:35 pm

    hi CB i have 5200 call at price of 80 and 40 they recover or not?


  13. Jay Says:
    December 16th, 2009
    Posted at: 3:37 pm

    sure CB .. holding.. lets meet tomorrow.


  14. brahan Says:
    December 16th, 2009
    Posted at: 3:37 pm

    Hi CB,what abt the market for coming 2 days


  15. uniyal Says:
    December 16th, 2009
    Posted at: 3:38 pm

    CB Sir, you said after the good news in orchid chemical. May i know which news is good for orchid.... plz tell.


  16. nb Says:
    December 16th, 2009
    Posted at: 3:45 pm

    Hi uniyal, Hospira to acquire Orchid's injectibles biz for $400m. US based pharma Hospira had signed this deal

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