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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: 5678910111213Show all

  1. swapna Says:
    December 16th, 2009
    Posted at: 10:08 am

    HI CB, WHY ORCHID GOING DOWN AND DOWN?


  2. CB Says:
    December 16th, 2009
    Posted at: 10:08 am

    Hi PG, not yet

    Hi swapna, seems the good news was discounted


  3. tarachand Says:
    December 16th, 2009
    Posted at: 10:09 am

    great call on greenply. thanks.


  4. Ankush Says:
    December 16th, 2009
    Posted at: 10:10 am

    Hi CB,

    Holding IndusIndBnk @ 146. Would it cross 150 anytime soon?


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

    Hi tarachand, most welcome.

    Hi Ankush, yes, keep it for a week.


  6. rama Says:
    December 16th, 2009
    Posted at: 10:11 am

    Each share holder of Zandu will get extra 14 shares of Emami (Each costing roughly 520Rs) on 24th Dec for holding of one share of Zandu.
    If u r having more shares of Zandu u will be getting in multiply of 14. This will be as per Kolkatta High court decision.
    Just check this link:-
    http://money.rediff.com/companies/news/556793
    http://money.rediff.com/companies/news/555746
    http://money.rediff.com/companies/news/555403.

    this means that we will get shares of emami or zandu shares will be substituted by emami


  7. Divya Says:
    December 16th, 2009
    Posted at: 10:11 am

    CB, at what price can i go for hotel leela ?? any any good scrip to buy in dip for a weeks time ??


  8. Ankush Says:
    December 16th, 2009
    Posted at: 10:12 am

    Thanks CB.


  9. Pratik Says:
    December 16th, 2009
    Posted at: 10:12 am

    Thanks CB, one more thing what level do you suggest to enter the 5100 call?


  10. ankurpalan Says:
    December 16th, 2009
    Posted at: 10:13 am

    Hi CB, shall i short bank nifty at CMp


  11. CB Says:
    December 16th, 2009
    Posted at: 10:13 am

    Hi rama, thanks for the info

    Hi Divya, no. wait for some time. dont enter it yet

    Hi Ankush, most welcome.

    Hi Pratik, no, dont enter it yet.


  12. ram Says:
    December 16th, 2009
    Posted at: 10:13 am

    hi cb
    at what price should i enter in unitech or suzlon.


  13. nb Says:
    December 16th, 2009
    Posted at: 10:13 am

    Hi CB, What is the best price to enter suzlon and moserbaer?


  14. PG Says:
    December 16th, 2009
    Posted at: 10:13 am

    Wt should be buy price for Orchidchem for Intraday?


  15. pankaj Says:
    December 16th, 2009
    Posted at: 10:14 am

    ANY CALL ON OPTIONS FRONT CB??


  16. Tanu Says:
    December 16th, 2009
    Posted at: 10:14 am

    Hi CB,

    Can I buy Infomedia 18 at CMP????? Right issue is available at 33.5/-

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