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. ganga Says:
    December 17th, 2009
    Posted at: 12:05 pm

    market hrs frm friday for nse bse are9am-3.30pm


  2. Mohu Says:
    December 17th, 2009
    Posted at: 12:06 pm

    Mr.CB / Mr/ KARTHIK
    bought 5100 CE @ 64.00 can i average now?


  3. Abhishek Says:
    December 17th, 2009
    Posted at: 12:06 pm

    wat abt Austral Coke and Anu lab


  4. Yusuf Says:
    December 17th, 2009
    Posted at: 12:09 pm

    Hi CB,
    can i buy SBI at CMP 2136?


  5. pratap Says:
    December 17th, 2009
    Posted at: 12:11 pm

    hi CB,

    u rock man....thx for the call on GPIL.....

    hey can i short HDIL...looking weak ....any call on the same....


  6. Sweeta Says:
    December 17th, 2009
    Posted at: 12:16 pm

    HI
    CAN ANYBODY TELL ME
    WHATS WRONG WITH JP ASSOCIATES????????????????


  7. shashank Says:
    December 17th, 2009
    Posted at: 12:17 pm

    Hi CB
    Thanks for the advice..
    I hold 60 stocks of RCOM at 175. What should be my stratergy now


  8. Shekar Says:
    December 17th, 2009
    Posted at: 12:17 pm

    Hi CB Can i buy united phosphorus at 165 for intraday? What will be the target???


  9. Yusuf Says:
    December 17th, 2009
    Posted at: 12:18 pm

    Hi Sweeta, It has become exbonus today ..

    one bonus for 2 held .. ;-)


  10. Sweeta Says:
    December 17th, 2009
    Posted at: 12:20 pm

    thanks Yusuf,
    could u explain why share price has fallen?
    as i m a beginner.


  11. MANI Says:
    December 17th, 2009
    Posted at: 12:24 pm

    should i buy 5100 call now ?


  12. Chida Says:
    December 17th, 2009
    Posted at: 12:26 pm

    Hi CB,

    Will I reenter Godavari @ 272-273 for 2 rupees?
    Pls suggest.
    Any other intraday stock?


  13. ARIJIT DAS Says:
    December 17th, 2009
    Posted at: 12:28 pm

    Hi Yusuf,
    if u hold say 100 shs. due to ex bonus now u will be having 150 shs in ur dp a/c. that's why the fall in price.....


  14. Yusuf Says:
    December 17th, 2009
    Posted at: 12:28 pm

    Hi Sweeta, iN BONUS THE PRICE DOES NOT GO UP IT IS ADJUSTED .. EXAMPLE - If you have 10 shares of X company at 1000 Rs.(100 Rs) and company declares bonus 1:1 so now u will have 20 shares of 1000 Rs.. so per share prices now is 50/-
    so thats how the price is adjusted.. so it comes down.. Overall the value remains the same as before.. in total


  15. rajeshshenoi Says:
    December 17th, 2009
    Posted at: 12:28 pm

    gm cb one of our friend is asking abt jetairways he has bot it around 560 range wat to do


  16. ARIJIT DAS Says:
    December 17th, 2009
    Posted at: 12:29 pm

    Hi Yusuf,
    if u hold say 100 shs. due to ex bonus now u will be having 150 shs in ur dp a/c. that’s why the fall in price…..

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