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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Comment pages: 141516171819202122Show all

  1. Nascar Says:
    December 17th, 2009
    Posted at: 11:38 am

    HI CB!!!!

    For long time u are not providing any derivative calls....Is there any particular reason for this???


  2. deep singh Says:
    December 17th, 2009
    Posted at: 11:40 am

    thanx cb sir


  3. VIJAY Says:
    December 17th, 2009
    Posted at: 11:40 am

    Hi CB Sir, Inflation can affect the market ?


  4. fouzan Says:
    December 17th, 2009
    Posted at: 11:41 am

    hello cb

    will icici cross 900 level

    i am holding at higher level 905


  5. CB Says:
    December 17th, 2009
    Posted at: 11:41 am

    Hi Chida, most welcome

    Hi ANIL SAH, hold it.

    Hi Shekar, as of now no new call. dont enter jagran yet


  6. RUTHWIK Says:
    December 17th, 2009
    Posted at: 11:42 am

    thanx CB


  7. Divyesh Says:
    December 17th, 2009
    Posted at: 11:42 am

    Hi Cb

    Buy JindalSteel position call for tgt 745 (time flame week)
    Buy intra Sterlite ind @ 846 target 854-864 sl 833


  8. joseph Says:
    December 17th, 2009
    Posted at: 11:44 am

    hi CB can i enter GPIL at 175


  9. Arunava Says:
    December 17th, 2009
    Posted at: 11:44 am

    boring market....


  10. CB Says:
    December 17th, 2009
    Posted at: 11:45 am

    Hi Nascar, yes, quite a few a already holding 5000 put. so waiting for them to clear it

    Hi deep singh, most welcome

    Hi VIJAY, likely to be a non event

    Hi fouzan, yes. hold it.


  11. Divya Says:
    December 17th, 2009
    Posted at: 11:45 am

    CB, what about 5000 PE... can we enter at cmp ?


  12. CB Says:
    December 17th, 2009
    Posted at: 11:45 am

    Hi Divyesh, thanks

    Hi RUTHWIK, most welcome

    Hi joseph, not yet

    Hi Arunava, yep


  13. CB Says:
    December 17th, 2009
    Posted at: 11:46 am

    buy state bank of india at 2142 target 2165. stoploss: 2123


  14. shiva Says:
    December 17th, 2009
    Posted at: 11:46 am

    hiCB,

    at what price if prime closed , can give 10-15 rs move?? whats its today's target?


  15. Prakash S Says:
    December 17th, 2009
    Posted at: 11:47 am

    Hi CB

    How does BHEL look to you. Technically,it's been on a major uptrend since 7th December.

    Thanks


  16. Tony Says:
    December 17th, 2009
    Posted at: 11:48 am

    CB,

    Don't you think that the market is oversold?

    There should be some short covering which can again drift the market to 5150-5170 mark in near term.

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