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

    sorry, was not online before…


  2. shiva Says:
    December 17th, 2009
    Posted at: 12:53 pm

    sir,i brought mcleod russel@262 hold or exit?


  3. CB Says:
    December 17th, 2009
    Posted at: 12:54 pm

    Hi nb, not sure yet

    Hi DS, dont enter others yet. sell hdil below 334

    Hi Chida, not yet. wait for some time

    Hi shiva, hold it.


  4. a4amit2 Says:
    December 17th, 2009
    Posted at: 12:55 pm

    hi cb welcome back . i am in short postion in nifty fut @5125 at what level shall i book profit;


  5. raja Says:
    December 17th, 2009
    Posted at: 12:55 pm

    Hi nb Thanks.


  6. CB Says:
    December 17th, 2009
    Posted at: 12:55 pm

    Hi a4amit2, hold it. has good support at 5000. below this we can see 4950


  7. nb Says:
    December 17th, 2009
    Posted at: 12:56 pm

    Hi CB, Is Bharti likely to go down further or shall i avg it now? will it see 270 level like weeks before? whats its long term view? can it see 450+ in 6-12 months time?


  8. Nascar Says:
    December 17th, 2009
    Posted at: 12:56 pm

    Hi CB!!!!

    Holding 5000PE ...What should be the level when I should squareoff my position????


  9. Shekar Says:
    December 17th, 2009
    Posted at: 12:56 pm

    Hi CB can i buy united phosphorus at 165.50 for intraday?? what will be the targe???


  10. a4amit2 Says:
    December 17th, 2009
    Posted at: 12:56 pm

    thanx CB. how u see European market today?


  11. airbites Says:
    December 17th, 2009
    Posted at: 12:57 pm

    CB - Shall i still take you SBI Call ? What's so positive about the SBI, it havent got down when markets coming down.... So, is this a gud time to buy OR i expect it to go down later and then buy for intraday?


  12. Rahul Says:
    December 17th, 2009
    Posted at: 12:57 pm

    Hi CB, WIL U COMMENT ABOUT RELIANCE WHAT WILL TILL EXPIRE?


  13. Niftywave Says:
    December 17th, 2009
    Posted at: 12:58 pm

    TRADING TIME CHANGE WILL TAKE EFFECT AFTER A WEEK - NOT FROM TOMORROW/ ANNOUNCEMENT EXPECTED AFTER 1.30 PM, AS SEBI ASKED BOTH EXCHNGES TO SIT TOGETHER FOR TIME CHANGE MOVES SO FAST & SO FURIOUS WAY


    As anticipated, the timing of NSE BSE from 9:00 to 15:00 hours will not be operational from tomorrow. The same is pushed to Jan 4 2010 (General News


  14. subramanivs Says:
    December 17th, 2009
    Posted at: 12:58 pm

    Hi CB,

    I have 1050 reliance call, what shall i do?


  15. nitin jain Says:
    December 17th, 2009
    Posted at: 12:58 pm

    SBI Showing Good Move :)


  16. CB Says:
    December 17th, 2009
    Posted at: 12:59 pm

    Hi Nascar, hold it. below 5000 it can add 15-20% quickly

    Hi nb, avg it around 310 levels. can see 400 again

    Hi a4amit2, likely to open flat

    Hi airbites, enter it if it comes down to 2145.

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