Quotes with Resistance & Support
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Intraday calls for 17-12-09

Posted on: December 17th, 2009 at 9:15 am

Markets likely to open flat. Nifty has support at 5000 and resistance at 5060.

Buy Vijay Shanthi Builders Ltd at 42.80, target: 44.20. Stoploss: 41.60
Buy Godawari Power & Ispat Ltd at 170.40, target: 178. Stoploss: 167

Trade in small quantity considering markets weakness. If nifty breaks support at 5000, short: HDIL

11.45am -buy state bank of india at 2142 target 2165. stoploss: 2123 – (Book profits at 2160)

2.55pm – btst – buy DRREDDY at 1170 target 1193-1200. stoploss: 1155

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671 Responses

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  1. assish Says:
    December 17th, 2009
    Posted at: 9:21 am

    Hi CB good morning.


  2. CB Says:
    December 17th, 2009
    Posted at: 9:22 am

    Hi assish, Good morning.


  3. Gajendra Says:
    December 17th, 2009
    Posted at: 9:22 am

    HI CB,

    Whats the target for GHCL... Stock looking very hot...


  4. CB Says:
    December 17th, 2009
    Posted at: 9:23 am

    Hi Gajendra, yes, it looks good. can see 57


  5. RUPESH Says:
    December 17th, 2009
    Posted at: 9:25 am

    G.M.
    I HAVE SOME BARTI AIRTEL. WHAT I DO ?


  6. CB Says:
    December 17th, 2009
    Posted at: 9:26 am

    Hi RUPESH, hold them for short term. it can head upto 340.


  7. Shah Viral Says:
    December 17th, 2009
    Posted at: 9:26 am

    Hello sir...
    Good Morning...
    Can i buy Godawari Power and Vijay Shanthi at cmp ???

    Thanks..


  8. konda Says:
    December 17th, 2009
    Posted at: 9:27 am

    Hi CB., Good morning Sir.. Can i buy educomp for medium term now ? Can u suggest few stocks to buy for medium term ? thanks


  9. shiva Says:
    December 17th, 2009
    Posted at: 9:27 am

    hi CB,

    how and when can u say that markets hv stopped falling...and will bounce from here...even @ 4950 levels...


  10. nitin Says:
    December 17th, 2009
    Posted at: 9:27 am

    hi cb good morning, how are cipla and bhartiairtel for intraday?


  11. CB Says:
    December 17th, 2009
    Posted at: 9:27 am

    Hi Shah Viral, yes..

    Hi konda, yes, buy it .keep a strict sl at 690. if it breaks strong support at 690 it can come down by 5%


  12. suhas Says:
    December 17th, 2009
    Posted at: 9:28 am

    Hi CB

    I have 6 lots of 5100 Ce @ 119 what shell i do , is there any chance of recovery of market in this month?


  13. CB Says:
    December 17th, 2009
    Posted at: 9:28 am

    Hi shiva, cannot be sure about that..

    Hi nitin, Good morning. cipla may remain flat. bharti can add 5rs


  14. Arun Kumar Says:
    December 17th, 2009
    Posted at: 9:28 am

    Hi CB,

    Recently you are not giving any Nifty Option Calls ?

    Thanks

    Arun


  15. Shah Viral Says:
    December 17th, 2009
    Posted at: 9:29 am

    Hello sir,
    Put nifty 5000 dec. i baught @ 105
    yesterday not good moment !!!
    Your suggestion please..
    Thanks..


  16. CB Says:
    December 17th, 2009
    Posted at: 9:29 am

    Hi suhas, hold them with strict sl at 5000. as of now global markets are trading lower. lets see

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