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: 2345678910Show all

  1. MONTY Says:
    December 16th, 2009
    Posted at: 9:44 am

    hi cb gud morningggggggggggggg


  2. RUPESH Says:
    December 16th, 2009
    Posted at: 9:44 am

    G.M.
    I HAVE ONE CALL 5200@64,WHT I DO?


  3. imdevu Says:
    December 16th, 2009
    Posted at: 9:44 am

    gud morning cb..

    M still holding ALLBK. should i sell or wait for it to return to 142 levels..


  4. dineshknp Says:
    December 16th, 2009
    Posted at: 9:44 am

    hi, how niittech looks today for intraday?


  5. sathya Says:
    December 16th, 2009
    Posted at: 9:45 am

    Good morning. PE5000 bought@93. to hold or not. Can I short RIL or TATA MOtors OrBOI


  6. manoharsha Says:
    December 16th, 2009
    Posted at: 9:45 am

    HI CB, What is the support & res of suzlon?


  7. CB Says:
    December 16th, 2009
    Posted at: 9:45 am

    Hi lddgnz, yes. but may open flat.

    Hi dineshknp, wait for some time. on dips add prime focus and tata motors

    Hi Geetha,hold onto them. it will do well once markets settle

    Hi MONTY, Good morning

    Hi RUPESH, hold it with sl at 5000 on nifty

    Hi imdevu, hold it. it will recover,. if possible avg on dips.


  8. satpal Says:
    December 16th, 2009
    Posted at: 9:47 am

    Hi Cb can I short RCOM what Rate


  9. CB Says:
    December 16th, 2009
    Posted at: 9:47 am

    Hi dineshknp, it looks strong. can add 5-6rs

    Hi sathya, hold onto it. rel ind can be short on rise

    Hi manoharsha, support is around 77


  10. CB Says:
    December 16th, 2009
    Posted at: 9:47 am

    Hi satpal, dont go short on it yet


  11. Ankush Says:
    December 16th, 2009
    Posted at: 9:48 am

    Hi CB,

    Good Morning. Can we take short positions today at opening?


  12. swapna Says:
    December 16th, 2009
    Posted at: 9:48 am

    hi cb, can i buy indswift @ 71 levels for short term? if yes please give me the target and sl..


  13. CB Says:
    December 16th, 2009
    Posted at: 9:49 am

    Hi Ankush, take positions below 5000

    Hi swapna, yes. it can head upto 80


  14. Anil Says:
    December 16th, 2009
    Posted at: 9:49 am

    Good Morning CB and All,

    Holding 4900 PE @ 43, IDBI future lot @ 133 and SAIL future lot @ 217. Pls advise.


  15. shiva Says:
    December 16th, 2009
    Posted at: 9:50 am

    Hi CB,

    Good morning...can we open gap down today?5033 is weak closing i suppose


  16. CB Says:
    December 16th, 2009
    Posted at: 9:50 am

    Hi Anil, hold longs.. for put keep sl at 5060

    Hi shiva, yes. not a gap down..but a flat to weak opening is expected.

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