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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  1. swapna Says:
    December 16th, 2009
    Posted at: 9:51 am

    thank you cb


  2. CB Says:
    December 16th, 2009
    Posted at: 9:51 am

    Hi swapna, most welcome.


  3. Ankush Says:
    December 16th, 2009
    Posted at: 9:52 am

    Thanks CB. Your opinion on ABAN. Bought yesterday @ 1225. Better to exit now or hold for some time?


  4. AR Says:
    December 16th, 2009
    Posted at: 9:52 am

    Shud i sell or hold FSL??????????My buy price is 37.7........


  5. Anil Says:
    December 16th, 2009
    Posted at: 9:52 am

    Thanks CB,

    Can i book profits in put around 70 or hold?


  6. Atul Says:
    December 16th, 2009
    Posted at: 9:52 am

    Hi CB, Good Morning. I'm holding long in Tata Motors @ 700 should I hold it or sell it?


  7. CB Says:
    December 16th, 2009
    Posted at: 9:52 am

    Hi Ankush, keep sl at 5000 on nifty and hold it

    Hi Anil, yes. book it

    Hi Atul, yes, continue to hold it.its a strong stock.


  8. Chandra Says:
    December 16th, 2009
    Posted at: 9:53 am

    hi.. how is SBI for today?


  9. sonia Says:
    December 16th, 2009
    Posted at: 9:53 am

    hi cb, good morning, can i short in aptech or any other stock?


  10. CB Says:
    December 16th, 2009
    Posted at: 9:53 am

    Hi Chandra, likely to remain flat. dont enter it yet


  11. Ankush Says:
    December 16th, 2009
    Posted at: 9:53 am

    Thanks CB


  12. shiva Says:
    December 16th, 2009
    Posted at: 9:53 am

    this time if we se 4950 levels and consolidate for some time , can we see 5500 till budget?


  13. CB Says:
    December 16th, 2009
    Posted at: 9:54 am

    Hi sonia, one can short hdil


  14. ravikanth Says:
    December 16th, 2009
    Posted at: 9:54 am

    hi sir gud mrng....:)
    sir wat is the suport&resistnce level of nifty.......can i still hold 4900put......


  15. Chandra Says:
    December 16th, 2009
    Posted at: 9:54 am

    ok. pls let me know wat is code for indswift?


  16. CB Says:
    December 16th, 2009
    Posted at: 9:55 am

    Hi Ankush, most welcome

    Hi shiva, 5500 seems unlikely in next 5-6 months.

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