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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: 9:41 am

    Hi Karan, no, dont enter it yet


  2. ravikanth Says:
    December 17th, 2009
    Posted at: 9:41 am

    sir shal i hold 4900put..........


  3. Atanu Jana Says:
    December 17th, 2009
    Posted at: 9:41 am

    Hi CB

    I have suzlon 100 @85.70. Hold or Sell


  4. CB Says:
    December 17th, 2009
    Posted at: 9:42 am

    Hi ravikanth, yes, keep sl at 5060


  5. CB Says:
    December 17th, 2009
    Posted at: 9:42 am

    Hi Atanu Jana, hold it for short term. if possible add on dips.


  6. MONTY Says:
    December 17th, 2009
    Posted at: 9:42 am

    hey cb gud morninggggggggggggggg


  7. tarun Says:
    December 17th, 2009
    Posted at: 9:43 am

    Hi cB,
    Are mkts. more inclines to downside then upside till tomorrow ?
    Thanks


  8. a.shanmugam Says:
    December 17th, 2009
    Posted at: 9:43 am

    hello,GOod Morning cb, what about in Bharthi and indusind . pl tell me.


  9. CB Says:
    December 17th, 2009
    Posted at: 9:43 am

    Hi MONTY, Good morning.


  10. Arun Kumar Says:
    December 17th, 2009
    Posted at: 9:44 am

    Hi Sir,

    Thanks!

    The Nifty support and resistance levels that you give in your site, is it the fibonacci level or 6 months support and resistance level found on the daily/weekly chart.

    I am really confused did a lot of homework and unable to find out.

    I am very eager to know about it. Please help.

    Further do you offer any training in technical analysis ?

    Best Regards

    Arun


  11. Reddy Says:
    December 17th, 2009
    Posted at: 9:44 am

    Hi CB,

    Good Morning


    Shall i enter Godawari power at the beigining of the market or wait for some time ?
    Please suggest


  12. CB Says:
    December 17th, 2009
    Posted at: 9:44 am

    Hi tarun, yes. slightly lower

    Hi a.shanmugam, hold them. likely to see some upmove in them today


  13. sonia Says:
    December 17th, 2009
    Posted at: 9:44 am

    hi cb, good morning
    vijay shanti has no intraday trading in icicidiret, can you suggest any other stock?
    thanks


  14. Ankush Says:
    December 17th, 2009
    Posted at: 9:44 am

    Hi CB,

    Good Morning. Missed Asian Paints calls yesterday. Can it be bought at opening today?


  15. CB Says:
    December 17th, 2009
    Posted at: 9:45 am

    Hi Arun Kumar, they are more of observations.. not technical levels.

    Hi Reddy, yes, buy at opening. dont buy if it opens 3-4rs higher.


  16. Geetha Says:
    December 17th, 2009
    Posted at: 9:46 am

    what will be the target of tata steel? holding 100@560.

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