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: 181920212223242526Show all

  1. DS Says:
    December 17th, 2009
    Posted at: 12:44 pm

    Dear CB,

    Should we short HDIL now?What about other real estate stocks?Can they be shorted too?


    Warm Regards,

    DS


  2. nb Says:
    December 17th, 2009
    Posted at: 12:45 pm

    Hi kunal, Actually stock split helps you when you are long term invester as dividends are paid based on per stock and this will double your portion.


  3. Yusuf Says:
    December 17th, 2009
    Posted at: 12:45 pm

    ADSL is a good bet for short term.. target 240 possible..


  4. a4amit2 Says:
    December 17th, 2009
    Posted at: 12:45 pm

    hi friends . any oneof u know how down market can go?


  5. nb Says:
    December 17th, 2009
    Posted at: 12:46 pm

    Hi raja, Mostly bonus shares will be allotted within 2weeks trade time from the record date.


  6. Rahul Says:
    December 17th, 2009
    Posted at: 12:46 pm

    Hi kunal, yes but they have give us 2 rs.40 note for rs.100 note.


  7. deep singh Says:
    December 17th, 2009
    Posted at: 12:47 pm

    cb sir please tell me idbi,s futur ?


  8. nb Says:
    December 17th, 2009
    Posted at: 12:47 pm

    Hi a4amit2, Market is in range bound. might see 4900 if it breaks 4960 level. Expected to be flat through out Dec'09.


  9. a4amit2 Says:
    December 17th, 2009
    Posted at: 12:50 pm

    thanx nb i have in short postion on nifty fut @5125 at what level shall i book profit


  10. kunal Says:
    December 17th, 2009
    Posted at: 12:51 pm

    Hi Rahul, I agree actually we go in loss


  11. nb Says:
    December 17th, 2009
    Posted at: 12:51 pm

    Hi a4amit2, I'm not quite follower of fut. CB will be the right person to help you out.


  12. friend Says:
    December 17th, 2009
    Posted at: 12:51 pm

    karthik sbi still a buy or wait


  13. Rahul Says:
    December 17th, 2009
    Posted at: 12:52 pm

    Hi DS, TODAYS MARKET REAL ESTATE -VE


  14. nb Says:
    December 17th, 2009
    Posted at: 12:52 pm

    Hi Kartik, will market break 5000 level today? last 30 minutes there were some profit booking.


  15. DS Says:
    December 17th, 2009
    Posted at: 12:52 pm

    Dear Kartik,

    Should we short HDIL now?What about other real estate stocks?Can they be shorted too?And can we again buy Crompton and Gayatri Projects on dips?If yes what price should we enter and what price to exit?

    Warm Regards,

    DS


  16. Chida Says:
    December 17th, 2009
    Posted at: 12:53 pm

    Hi Kartik,

    Can I reenter Godavari @ 272 for 2 rupees.
    Any other intraday call?
    Pls suggest.

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