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: 202122232425262728Show all

  1. friend Says:
    December 17th, 2009
    Posted at: 12:59 pm

    hello cb sbi is still to buy or wait


  2. CB Says:
    December 17th, 2009
    Posted at: 1:00 pm

    Hi Rahul, around 1060

    Hi nitin jain, yes.

    Hi friend, dont enter now


  3. HARSHIT Says:
    December 17th, 2009
    Posted at: 1:01 pm

    HI CB,
    WAT HAPPND TO J K LAKSHMI CEMENT


  4. CB Says:
    December 17th, 2009
    Posted at: 1:01 pm

    Hi Shekar, no, dont enter it yet


  5. CB Says:
    December 17th, 2009
    Posted at: 1:01 pm

    Hi HARSHIT, there is a stock split.


  6. airbites Says:
    December 17th, 2009
    Posted at: 1:02 pm

    CB - SBI already at 2153.... i cant understand, what is the news about the bank - Please can you help me understand?


  7. subramanivs Says:
    December 17th, 2009
    Posted at: 1:02 pm

    Hi CB,

    I have 1050 reliance call, what shall i do? Any call or put to buy?


  8. sunil Says:
    December 17th, 2009
    Posted at: 1:03 pm

    cb can i short nifty now do u expect nifty to break 5000level


  9. deep singh Says:
    December 17th, 2009
    Posted at: 1:03 pm

    cb sir please tell me idbi,s futur?


  10. CB Says:
    December 17th, 2009
    Posted at: 1:04 pm

    Hi airbites, there is no news as such. technically has good support at 2110 and could show some bounce from here.

    Hi sunil, no, short below 5000


  11. CB Says:
    December 17th, 2009
    Posted at: 1:05 pm

    Hi deep singh, it can see 135 in short term.


  12. nb Says:
    December 17th, 2009
    Posted at: 1:05 pm

    Hi CB, Thank you!


  13. preeti Says:
    December 17th, 2009
    Posted at: 1:05 pm

    Hi CB, when should i exit sbi??


  14. shashank Says:
    December 17th, 2009
    Posted at: 1:06 pm

    Hi CB
    Thanks for the advice..
    I hold 60 stocks of RCOM at 175. How should i go about it


  15. CB Says:
    December 17th, 2009
    Posted at: 1:07 pm

    Hi nb, most welcome

    Hi preeti, above 2160

    Hi shashank, if possible avg it on dips around 165-170. should see some bounce in coming days.


  16. ARIJIT DAS Says:
    December 17th, 2009
    Posted at: 1:08 pm

    HI CB,
    I HAVE BALRAMPUR CHINI 150 CA. [DEC.SERIES] SHOULD IN HOLD OR EXIT?

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