Intraday calls for 17-12-09
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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nv Says:
December 17th, 2009
Posted at: 9:29 am
Good morning to all Traders
CB Says:
December 17th, 2009
Posted at: 9:30 am
Hi Arun Kumar, yes. many already holding 5k put for quite some time
Hi Shah Viral, hold it. keep sl at 5060.
CB Says:
December 17th, 2009
Posted at: 9:30 am
Hi nv, Good morning.
nitin Says:
December 17th, 2009
Posted at: 9:30 am
what about market today??
CB Says:
December 17th, 2009
Posted at: 9:31 am
Hi nitin, likely to open flat today.
nb Says:
December 17th, 2009
Posted at: 9:31 am
Hi CB, Good Morning!, Market seems to be in range-bound. is it advisable to enter market now or should I wait for it to break 5180 or 4980 level?
Arun Kumar Says:
December 17th, 2009
Posted at: 9:31 am
I hope those holding puts will make profit today. Fingers Crossed
nitin Says:
December 17th, 2009
Posted at: 9:33 am
how about unitec for intraday??
CB Says:
December 17th, 2009
Posted at: 9:33 am
Hi nb, Good morning. buy above 5060 in small quantity or lower around 4950. for now wait for some time
Hi Arun Kumar, lets hope for the best.
IMPATIENCES Says:
December 17th, 2009
Posted at: 9:33 am
GOOD MORNING ALL
CB Says:
December 17th, 2009
Posted at: 9:33 am
Hi nitin, dont enter it yet
Hi IMPATIENCES, Good morning.
suzane Says:
December 17th, 2009
Posted at: 9:34 am
hello chirag,
Good morning,
I just wanna know why market is playing with me?? I was holding HCLTECH since 7 days and it was just going on sweeping my money... Alas i squared off yesterday at 335.6 and it made a high of 10 rupees above my sell price.
It seems market to be my enemy :))
Secondly, i bbought ASIAN PAINT and STERLING BIOTECH for BTST, what target u find in both... Even am holding 5100PE, what target it can see??
nitin Says:
December 17th, 2009
Posted at: 9:34 am
is chambal fertilizer good for intraday??
CB Says:
December 17th, 2009
Posted at: 9:35 am
Hi suzane, yes. markets have been flat and directionless for quite some time. should breakout on either side soon. asian paints and sterling look good hold onto them. can add 2-3% today
CB Says:
December 17th, 2009
Posted at: 9:36 am
Hi nitin, buy if it nifty crosses 5060
nb Says:
December 17th, 2009
Posted at: 9:36 am
Hi CB, Thank you! and whats you opinion on PVR, they confirmed on adding 50 screens a year starting now. will that make a move in the market?