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. Chandrika Says:
    December 22nd, 2009
    Posted at: 9:19 am

    HI CB

    Good Morning

    HOw markets will open, what is today target of tanla and nilkamal today?


  2. Karan Says:
    December 22nd, 2009
    Posted at: 9:20 am

    Can i buy GVK POWER @ CMP?


  3. RK Says:
    December 22nd, 2009
    Posted at: 9:20 am

    Hi CB,
    At what levels can i exit my short position on Nifty ? i have shorted it at 5050


  4. CB Says:
    December 22nd, 2009
    Posted at: 9:20 am

    Hi shiva, yes, keep strict sl until markets settle a bit as of now look weak

    Hi Chandrika, Good morning. likely to open 20-25 points higher. they can add 2%


  5. CB Says:
    December 22nd, 2009
    Posted at: 9:20 am

    Hi RK, once nifty breaks 4920 we can see 4850. for now hold them


  6. CB Says:
    December 22nd, 2009
    Posted at: 9:21 am

    Hi Karan, no, dont enter it yet


  7. Gopal Says:
    December 22nd, 2009
    Posted at: 9:21 am

    Hi CB & Kartik....

    Very good morning


  8. Shah Viral Says:
    December 22nd, 2009
    Posted at: 9:21 am

    Hello Sir...
    Can i buy this script on Opening Trade..???

    Thanks..


  9. Chandrika Says:
    December 22nd, 2009
    Posted at: 9:22 am

    HI CB

    What is the target of unitech today?


  10. CB Says:
    December 22nd, 2009
    Posted at: 9:22 am

    Hi Gopal, Good morning

    Hi Shah Viral, yes.


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

    Hi CB,

    i sold an axis bank future at 943. it closed higher at 951. with some strength in the stock seen in the later part of yesterday, and todays global cues. should i exit


  12. Shah Viral Says:
    December 22nd, 2009
    Posted at: 9:22 am

    Hello sir...
    Can i buy DLF and IndiaBull real...?????
    What's TGT of Nifty put 5000 Today ???

    Thanks..


  13. CB Says:
    December 22nd, 2009
    Posted at: 9:23 am

    Hi Chandrika, can see 80-81

    Hi kavin, banks may see some bounce since they have corrected quite a bit. hold it and try and exit on dips. they will turn volatile as we near the rbi meet.


  14. sanzy Says:
    December 22nd, 2009
    Posted at: 9:23 am

    hi Good Morning…
    can i go long in Orchid Chemicals and IDFC


  15. CB Says:
    December 22nd, 2009
    Posted at: 9:24 am

    Hi sanzy, not yet. wait for some time.


  16. CB Says:
    December 22nd, 2009
    Posted at: 9:25 am

    Hi Chida, they can add 3-4rs today

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