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. Chetan Says:
    December 17th, 2009
    Posted at: 12:29 pm

    HI CB


    Can we go for JP Ass for 6 MOnths
    and what will be target


  2. jiten Says:
    December 17th, 2009
    Posted at: 12:29 pm

    i had buy call for 5100 @ 89.60 (100 qty)...so should i hold or exit?


  3. ARIJIT DAS Says:
    December 17th, 2009
    Posted at: 12:30 pm

    Hi Sweeta,
    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…


  4. ashok Says:
    December 17th, 2009
    Posted at: 12:31 pm

    hi arijit,
    what is your view on saskem and abg shipyard


  5. PRABHAT SINGH Says:
    December 17th, 2009
    Posted at: 12:31 pm

    buy nifty future at cmp with sl 4990 Target 5048,5075,5100


  6. Sweeta Says:
    December 17th, 2009
    Posted at: 12:31 pm

    Thanks ,i get that


  7. Yusuf Says:
    December 17th, 2009
    Posted at: 12:31 pm

    Hi Chetan, I believe u shoud never buy a stock immidietly after exbonus .. as the stock enter consolidation stage and builds up a level .. after that u can decide the future..

    Regds


  8. smh Says:
    December 17th, 2009
    Posted at: 12:31 pm

    CAN I BUY WIPRO @ CMP FOR INTRADAY


  9. Chetan Says:
    December 17th, 2009
    Posted at: 12:32 pm

    thanks Yusuf


  10. ARIJIT DAS Says:
    December 17th, 2009
    Posted at: 12:33 pm

    Hi ashok,
    if possible hold, they r good


  11. raja Says:
    December 17th, 2009
    Posted at: 12:38 pm

    Hi CB,once again both calls achieved your given values.Thanks


  12. preeti Says:
    December 17th, 2009
    Posted at: 12:39 pm

    mkt going down..shld we exit sbi..holding at 2140..although sl is lower at 2123..


  13. kunal Says:
    December 17th, 2009
    Posted at: 12:40 pm

    Hi Yusuf, Actually I think Split bonus is nothing but cheating they take our 100rs note and give us 2 notes of rs50


  14. Chetan Says:
    December 17th, 2009
    Posted at: 12:40 pm

    HI Yusuf

    Can we buy Reliance At CMP or

    Please suggest any script


  15. raja Says:
    December 17th, 2009
    Posted at: 12:42 pm

    HI CB,When can bonus shares of JP Associates be expected to be allotted?


  16. Rahul Says:
    December 17th, 2009
    Posted at: 12:44 pm

    i have reliance ca 1080 at 33. what can i do cb?

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