Quotes with Resistance & Support
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Intraday calls for 22-12-09

Posted on: December 22nd, 2009 at 9:17 am

Markets likely to see a positive opening. Support for nifty is at 4920 and resistance at 5000.

Buy Nava Bharat Ventures Ltd at 398.75, target: 411. Stoploss: 393.
Buy Genesys International Corporation Ltd at 200.40, target: 211. Stoploss: 195

Trade in small quantities considering market weakness.

10.40am – buy GLODYNE TECHNOSERVE LTD at 445.50, target: 456. sl 438 – (book profits at 458)

1.42pm – intraday cum btst – buy Clutch auto at 48, target: 50-51. stoploss: 46.80 – (Intraday traders book profits at 49.40)

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704 Responses

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  1. sanzy Says:
    December 22nd, 2009
    Posted at: 11:05 am

    suggest me a script in options PE or CE till expiry so tat i can make up the losses on my 5200CE


  2. lucky Says:
    December 22nd, 2009
    Posted at: 11:05 am

    can i buy ruby mills @ current level 958/- wht is intrady tgt.

    and any targets for 2 to 3 dys for Unitech, HDIL, Tata Elxi and Dalmiya Cement


  3. Ankush Says:
    December 22nd, 2009
    Posted at: 11:05 am

    Hi CB,

    Bought Glodyne at 445.2. Shall I book profits around 452 or wait?


  4. shiva Says:
    December 22nd, 2009
    Posted at: 11:05 am

    CB,

    exit from prime @ cmp???


  5. Chandra Says:
    December 22nd, 2009
    Posted at: 11:07 am

    will genesys reach its tgt or i wud have to take delivery?


  6. CB Says:
    December 22nd, 2009
    Posted at: 11:07 am

    Hi deba, if possible avg it on dips..its a hold for 2-3 months

    Hi sanzy, no, as of now no calls

    Hi Ankush, hold it

    Hi shiva, yes.


  7. PK Says:
    December 22nd, 2009
    Posted at: 11:08 am

    i m fed up with icici, they are not supporting margin trading for Glodyne or genesys intnl. I missed all ur calls. Please suggest me a good broker for online intraday trading.


  8. Kiran Says:
    December 22nd, 2009
    Posted at: 11:09 am

    Hi CB,

    I bought 50 shares of cccl at 465/-. I dont know about the company performance, can i hold it for short-term. pls suggest me sir.


  9. dak Says:
    December 22nd, 2009
    Posted at: 11:09 am

    CB - glodyne has already run up from 415 - shoudl we still buy at cmp?


  10. CB Says:
    December 22nd, 2009
    Posted at: 11:09 am

    Hi lucky, its rallied quite a lot. dont enter it yet. others can add 3-5% if markets remain positive

    Hi Chandra, it can see 220. looks good technically

    Hi PK, go with angel broking or india info..they are good ones.


  11. Chandra Says:
    December 22nd, 2009
    Posted at: 11:11 am

    it can see 220 today or after some days? Pls revert.


  12. Anil Says:
    December 22nd, 2009
    Posted at: 11:12 am

    CB,

    Bought 5000 PE @ 80. At what price i can exit today??


  13. pritesh Says:
    December 22nd, 2009
    Posted at: 11:12 am

    i hv bought now gammon india @ 238.50??do u think it go up today??


  14. CB Says:
    December 22nd, 2009
    Posted at: 11:15 am

    Hi Kiran, its a good bet. hold it for a weeks itme

    Hi dak, technically looks good above 435. buy in small quantity

    Hi Chandra, in a weeks time

    Hi Anil, can add 10%. hold with sl at 5000

    Hi pritesh, it has resistance at 250. exit on rise for now and enter above 250

    Hi Abby, ok


  15. CB Says:
    December 22nd, 2009
    Posted at: 11:15 am

    ill be back in 30 min..


  16. Chandrika Says:
    December 22nd, 2009
    Posted at: 11:15 am

    HI CB

    Can I enter into ivrclinfra for two days

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