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. nb Says:
    December 22nd, 2009
    Posted at: 12:27 pm

    Hi CB, Can i have your email ID. I just need to have some talk with you else pls drop a test mail to my ID. [email protected]


  2. IMPATIENCES Says:
    December 22nd, 2009
    Posted at: 12:27 pm

    KEEP SL 4954 IN ALL UR LONG POSITION...


  3. CB Says:
    December 22nd, 2009
    Posted at: 12:28 pm

    Hi AR, around 39

    Hi Souvik, yes, lets hold for some more time

    Hi tarun, no

    Hi Shanthi, markets are coming down a bit

    Hi maddy, yes, strict sl at 5010

    Hi ankurpalan, not sure about this one

    Hi PK, hold it for a month or 2. should do well


  4. Ghost Says:
    December 22nd, 2009
    Posted at: 12:29 pm

    yes cb , it wud b gud if u can add us on gtalk or gmail.
    my id is [email protected]


  5. CB Says:
    December 22nd, 2009
    Posted at: 12:29 pm

    Hi nvaradhann, yes, hold them for a weeks time., some upmove is expetced

    Hi nb, sure, its [email protected]

    Hi IMPATIENCES, thanks.


  6. Divya Says:
    December 22nd, 2009
    Posted at: 12:29 pm

    Hi CB, tx for the reply... what will be the target for Tatasteel (shorted at 565) for intraday..


  7. CB Says:
    December 22nd, 2009
    Posted at: 12:29 pm

    Hi Ghost, sure..


  8. Yusuf Says:
    December 22nd, 2009
    Posted at: 12:29 pm

    Hi CB,
    Is kalpataru still a hold?

    Its not moving above 1124...


  9. varun soni Says:
    December 22nd, 2009
    Posted at: 12:30 pm

    can v xpect a positiv market tmrw?


  10. CB Says:
    December 22nd, 2009
    Posted at: 12:30 pm

    Hi Divya, it can see 560 if markets turn weak


  11. AR Says:
    December 22nd, 2009
    Posted at: 12:30 pm

    How long it will take to reach 39?????????


  12. shrikanth Says:
    December 22nd, 2009
    Posted at: 12:31 pm

    Hi CB, Same question again. I have TCS @ 703. Your target was 740. but i could book profits. Even now I am in profits. shall I book now?


  13. CB Says:
    December 22nd, 2009
    Posted at: 12:31 pm

    Hi Yusuf, book around 1125

    Hi varun soni, not sure yet. depends on global queues.


  14. Ghost Says:
    December 22nd, 2009
    Posted at: 12:32 pm

    hi cb
    can i buy glenmark for 275 , or shall i wait


  15. Shanthi Says:
    December 22nd, 2009
    Posted at: 12:32 pm

    CB Sir, i buy wipro @ 679. Can i wait ?


  16. Arasu Says:
    December 22nd, 2009
    Posted at: 12:33 pm

    Where shd i book my bank nifty short roday.. today target.. possible one.. short from 8690 level.. pls advice

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